Bitcoin is about to get a meme-fueled upgrade: Bitcoin Pepe is a layer 2 integrating Solana’ technology into crypto’s oldest blockchain.
It’s the PEP-20 token standard, allowing anyone to launch a meme coin on Bitcoin. Investors can examine the success of pump.fun and, subsequently, SOL, to understand the impact of lowering the barrier to token creation on the native blockchain and its token. Bitcoin Pepe has gained significant attention by following this precedent,announcing its plans to build ‘Solana on Bitcoin.’
Its ICO opens to public investors in less than 24 hours at 11AM UTC, on the 11th of February.
Read on to learn how this layer plans to build a new meme layer for Bitcoin.
Building ‘Solana on Bitcoin’
Bitcoin Pepe brings memes to BTC at a time when Bitcoin dominance nears a 4-year high and interest in the oldest cryptoasset is increasing in TradFi. It aims to create a cultural shift, taking the traits that made Solana popular among retail investors and improving them by adding Bitcoin’s security.
Fast transaction speeds and low gas fees drive adoption, and Bitcoin Pepe is bringing these to Bitcoin’s ecosystem and giving investors the chance to get involved. Half of the 2.1 billion tokens minted will be available in the ICO, with the rest reserved for staking rewards, marketing, and development.
The presale will take place over 30 stages with prices starting at $0.021 and ending at $0.0864
Bitcoin Pepe: memes meet security
Bitcoin excels as a store of value, but it also has the potential for broader functionality. For years, BTC holders have only been able to send wallet-to-wallet transactions with little innovation. Bitcoin Pepe challenges this by introducing a Solana-inspired architecture designed to enable fast transactions with minimal fees, all while building on Bitcoin’s established security.
The key innovation is the PEP-20 token standard, enabling anyone to launch meme coins, and the L2 bridge unlocks the currently untapped $2 trillion in capital on the Bitcoin network.
Bitcoin Pepe goes beyond a typical meme coin by integrating Bitcoin’s reliability with the emerging market of meme-based assets. Memes have shown to be an effective onboarding tool for crypto, and Bitcoin Pepe delivers them to Bitcoin via its layer 2 solution, providing the retail-friendly trading experience.
A new era for Bitcoin
The historical success of infrastructure tokens highlights Bitcoin Pepe’s potential within the market. SOL has increased over 850 times from its ICO price, and this success is largely due to its role in making memes accessible. Now Bitcoin Pepe can repeat this, but while leveraging crypto’s most established network.
The contracts are audited, the team is publicly known, and Bitcoin Pepe is positioning to potentially become Bitcoin’s meme layer. BTC enthusiasts and meme coin traders will have a shared trading environment, with the PEP-20 token standard facilitating the integration of meme coins into Bitcoin’s ecosystem.
Anyone who wants to trade on this new meme layer will need BPEP tokens, creating an underlying demand that could influence BPEP market performance this year. As the presale approaches, the initial stage offers an opportunity to acquire BPEP at a starting price of $0.021.
To learn more about Bitcoin Pepe, check out the official website.