Bitcoin Pepe has posted strong presale data, raising $1.9m since its launch on February 11th. The promise of building ‘Solana on Bitcoin’ is fueling heightened demand among buyers as BPEP breaks presale records.
Investors have already bought out 2 stages after the presale gained attention even before launch. Bitcoin Pepe aims to bring memes to the Bitcoin network, and this layer 2 solution is building a new meme layer for crypto’s most capitalized network.
The PEP-20 token standard will allow anyone to launch memes on the Bitcoin network. Historical examples, such as Solana’s pump.fun, show that this could lead to rapid and exponential growth in Bitcoin-related meme culture, with Bitcoin Pepe as the infrastructure layer.
Read out to discover how Bitcoin Pepe plans to build ‘Solana on Bitcoin.’
Bitcoin Pepe: Bitcoin’s new meme layer?
This layer 2 plans to merge Solana’s speed with Bitcoin’s security to create a retail-friendly meme trading layer.
The PEP-20 token standard is a model for token creation on Bitcoin, unlocking the ability for anyone to mint tokens on one of the most secure blockchains. These newly created tokens have the potential to tap into the $2 trillion in dormant liquidity on the Bitcoin blockchain, presenting an opportunity for expansion into the growing meme market.
Bitcoin Pepe aims to combine the efficiency of Solana’s low-cost, high-speed transactions with Bitcoin’s strong security features. By addressing Bitcoin’s long-standing scalability challenges, the project seeks to create a similar growth trajectory within the Bitcoin ecosystem.
This layer 2 will power near-instant transactions at minimal costs, a crucial factor for meme coin trading, bringing economic activity back to Bitcoin at a time when Bitcoin is gaining acceptance as a reserve asset at the nation-state level.
BPEP tokenomics
The presale takes place over 30 stages with a 5% incremental price increase between stages. Investors have already invested $1.9m and purchased 70m of the 1.05 billion BPEP tokens available. The total supply of BPEP is 2.1 billion, a subtle nod to Bitcoin’s tokenomics.
15% goes to stakers as rewards, 10% to marketing and liquidity, respectively, and 5% to be held in the Treasury, ensuring long-term growth for the project. BPEP tokens will increase from an initial price of $0.021 to $0.0864 over the 30 stages, reflecting a structured pricing model leading up to the launch in Q2 2025.
Traders will need BPEP tokens to transact on this layer 2, which should create a natural demand for the token similar to how SOL or ETH function within their respective networks. And if the network is successful in onboarding users, this could establish a reinforcing cycle between demand and usage, leading to long-term price appreciation.
Building ‘Solana on Bitcoin’
Bitcoin Pepe aims to transform Bitcoin from a passive asset into a thriving hub for meme coins. It incorporates the elements that contributed to Solana's success while leveraging Bitcoin’s established reputation and security. BPEP token holders play a role in this emerging meme layer and may benefit if Bitcoin Pepe establishes itself as a key platform for meme-based assets.
Historically, infrastructure tokens have demonstrated significant growth, with SOL increasing more than 900 times from its ICO price, showcasing the potential for BPEP. Currently, BPEP is available at $0.0232 as the project works toward integrating meme-based assets within the Bitcoin ecosystem.
To learn more about Bitcoin Pepe, check out the official website.