Crypto News

As Official Trump meme coin soars, Bitcoin Pepe could be a better alternative

As Official Trump meme coin soars, Bitcoin Pepe could be a better alternative
© Copyright Image: CoinJournal: Home

  • The Official Trump coin is soaring as the top 220 holders get a dinner invite with President Trump.
  • TRUMPs price surge underscores the volatility of meme coins and the influence of celebrities on them.
  • Bitcoin Pepe, which brings Solana-style speed to Bitcoin via a novel layer 2, introduces a new approach for memecoin investors.

The Official Trump (TRUMP) meme coin is experiencing an unprecedented rally that propelled its price upward by more than 70% to an intraday peak of $14.69 on the back of an exclusive invitation to dine with the president at his Washington, D.C., golf club for the top 220 holders.

Amidist the frenzy, Bitcoin Pepe, a newer memecoin entrant currently in its presale phase, presents a fresh opportunity by combining Bitcoins rock-solid settlement with Solana-style speed on a novel layer 2 solution, offering meme traders a robust, scalable alternative on cryptos oldest blockchain.

Official Trump meme coin holders invited for a dinner with President Trump

Although the $TRUMP token price had pulled back to around $13.39, at press time, the upswing proves the fragility and volatility of meme-driven assets, which are often propelled by celebrity endorsements rather than fundamental value.

The dinner, scheduled for May 22, underscores the increasing intersection of politics and decentralised finance as a novel fundraising mechanism.

Despite the thrill, critics have decried the event as a blatant exploitation of the presidential office for personal gain and urged regulators to scrutinise the potential conflicts of interest.

Democratic lawmakers have already called for investigations into whether foreign actors could be unduly influenced by participation in this high-profile gathering.

However, for investors, the upswing came as a reprieve since the token had gone under for quite some time, although for investors who entered late in the rally, the risk of sharp reversals looms large as profit-taking becomes more likely.

Also, skeptics warn that the absence of on-chain utility beyond the dine-in perk could leave buyers with speculative baggage when the hype subsides.

How Bitcoin Pepe could be a better investment

The arrival of Bitcoin Pepe on the crypto stage promises to redirect meme mania onto the worlds most secure network by marrying Bitcoins rock-solid settlement with Solana-style speed through a novel layer 2 solution.

As the first meme-focused layer 2 built atop the Bitcoin blockchain, Bitcoin Pepe leverages its new PEP-20 token standard to facilitate instant, ultra-low-fee transactions that eclipse the limitations of Ordinals and BRC-20s.

Prospective investors have the opportunity to participate in the ongoing Bitcoin Pepe (BPEP) presale that has already raised $6,875,214, underscoring the robust appetite for a meme layer tethered to Bitcoins enduring legacy.

With the current BPEP token price standing at $0.031 and poised to increase to $0.0326 in the next stage, early adopters can benefit from incremental price jumps that reward timely investment.

Beyond speculation, Bitcoin Pepes narrative of Solana on Bitcoin resonates with both boomer security advocates and zoomer performance seekers, creating a compelling dual appeal.

As the presale advances through its thirty stages, each price increase reinforces urgency, encouraging investors to secure their position before the next jump in valuation.

In a landscape marked by celebrity-driven hype and sudden spikes, Bitcoin Pepe distinguishes itself with a transparent tokenomics framework and a mission to unlock two trillion dollars of dormant BTC capital for meme trading.

As the first meme ICO to harness Bitcoins security at its core, Bitcoin Pepe pioneers the PEP-20 standard and sets a precedent for future token issuances on cryptos oldest network.

Looking ahead, the roadmap promises DEX and CEX listings in Q2, followed by the launch of a native L2 bridge that will unlock new liquidity corridors for meme coins on Bitcoin.

Moreover, Bitcoin Pepe will distribute 150 million BPEP tokens through staking pools offering up to 10,000% APY for long-term participants, turning passive holding into an active role in network security and governance.

With its presale heating up and a roadmap that includes bridge deployment and exchange listings, Bitcoin Pepe offers a forward-looking vision that transcends the noise of short-lived celebrity rallies by marrying network fundamentals with meme-driven enthusiasm.

The post As Official Trump meme coin soars, Bitcoin Pepe could be a better alternative appeared first on CoinJournal.

Read more: https://coinjournal.net/news/as-official-trump-meme-coin-soars-bitcoin-pepe-could-be-a-better-alternative/

Text source: CoinJournal: Home

Disclaimer: Financial information and news are not financial advice, read the disclaimer.
Buy & sell Crypto in minutes

Join BINANCE!

The world's largest crypto exchange

You're just steps away from receiving your reward.

The most complete Crypto News Center.

Search Stories:

Latest top stories