Shiba Inu, Pepe, and Bitcoin Pepe: Who was the best performer in April?
Key takeaways
- Shiba Inu and Pepe are two of the leading memecoins, but $BPEP outperformed them in April.
- Bitcoin Pepes presale has officially reached the $7.5 million milestone.
Despite the trade war between the United States and its various trade partners, the cryptocurrency market was bullish in April. Bitcoin, the leading cryptocurrency by market cap, began April trading around $84k per coin but rallied to a monthly high of $95k on the last day.
SHIB and PEPE also rally higher, but $BPEP stays ahead
In the memecoin ecosystem, Shiba Inus SHIB and Pepes PEPE are two of the leading memecoins in the market. The two memecoins performed positively in April. However, their positive performance was minimal compared to the broader cryptocurrency market.
SHIB, currently the 13th-largest cryptocurrency by market cap, began April trading at $0.00001244 and ended the month trading at $0.000013, representing a 4,5% increase.
Meanwhile, PEPE was trading at $0.057207 at the start of April before rallying to a monthly high of $0.059725. However, it declined to $0.058934 by the end of April, representing a 3% increase in its price. SHIB was the best performer of the two, giving investors more value in April.
However, Bitcoin Pepes $BPEP outperformed SHIB and PEPE in April. $BPEP, still in its presale, saw a significant price increase in April. At the start of the month, it was going for $0.0295 and increased to $0.031 by the end of the month, up 5%. Its positive performance comes as Bitcoin Pepes presale achieved new milestones.
Bitcoin Pepe presale hits $7.5m
$BPEPs price continues to increase as the presale attracts more investors. Bitcoin Pepe is building a new layer-2 project that could unlock Bitcoins liquidity and make it available to memecoin trading.
According to its whitepaper, Bitcoin Pepe is the first meme initial coin offering (ICO) on the Bitcoin blockchain. Thanks to its utility, the protocol and its native token could record massive adoption.
Currently in its presale, Bitcoin Pepe has raised over $7.5 million and will enter the tenth stage once the funding hits $7.7 million. The presale grants investors early access to this project. $BPEP will power the entire ecosystem and is available for purchase via the Bitcoin Pepe website. Accepted modes of payment include ETH, USDT, USDC, BNB, and SOL.
Visit the Bitcoin Pepe website to buy the $BPEP tokens now.
How does Bitcoin Pepe differ from other memecoins?
The cryptocurrency market currently houses millions of memecoins. However, most of them lack utility and have a short lifespan. While Bitcoin Pepe is launching as a memecoin, it offers numerous utilities to developers and users.
The team is building a layer-2 network to become home to memecoin trading on the Bitcoin blockchain. Bitcoin Pepe is launching its L2 on Bitcoin due to the blockchains massive liquidity and tight security. NFTs and DeFi protocols are already live on the Bitcoin blockchain, but memecoin trading remains missing.
With the Bitcoin Pepe L2, memecoin trading volume on Bitcoin will massively increase. Developers have access to the Bitcoin blockchains liquidity and high-end security features. The L2 network will empower developers with the tools to migrate their memes from other blockchains to the Bitcoin blockchain.
$BPEP will power activities within the Bitcoin Pepe ecosystem, ensuring that developers and users utilise this token for various transactions. By offering utility, $BPEPs value could soar once it launches on exchanges, and early investors could enjoy massive ROI.
The post Shiba Inu, Pepe, and Bitcoin Pepe: Who was the best performer in April? appeared first on CoinJournal.
Read more: https://coinjournal.net/news/shiba-inu-pepe-and-bitcoin-pepe-who-was-the-best-performer-in-april/
Text source: CoinJournal: Home
