Bitcoin Pepe raises $4M as Trump-linked memecoin rakes in $350M for creators – CoinJournal

Bitcoin Pepe raises M as Trump-linked memecoin rakes in 0M for creators – CoinJournal

  • Bitcoin Pepe goals for Meme Layer-2 on Bitcoin with PEP-20.
  • TRUMP memecoin earned $350M for its creators, with 80% owned by Trump associates.
  • Regulatory push grows as memecoins spark revenue and manipulation issues.

The cryptocurrency world is buzzing with the rise of memecoins tied to high-profile figures and revolutionary ideas. Among the many presently trending memecoins are Official Trump (TRUMP), themed after President Donald Trump, and Bitcoin Pepe (BPEP), which brings memecoins to Bitcoin blockchain.

Bitcoin Pepe has raised over $4 million in its ongoing presale, the “World’s Only Bitcoin Meme ICO,” whereas a Monetary Occasions report reveals that the Official Trump (TRUMP) memecoin, has reportedly generated a staggering $350 million for its creators.

Bitcoin Pepe seeks to construct a meme empire on Bitcoin

Amid the memecoin frenzy, Bitcoin Pepe is carving its personal area of interest, elevating $4,029,822 in its ongoing presale. Dubbed a “Solana on Bitcoin,” this challenge goals to create a Meme Layer-2 for Bitcoin, boasting on the spot transactions and ultra-low charges by way of its PEP-20 token commonplace.

At present in its sixth presale stage out of thirty presale levels, the Bitcoin Pepe (BPEP) token is its going for $0.0268 and it’s set to rise to $0.0281 within the subsequent part.

Publish-presale Bitcoin Pepe’s imaginative and prescient is formidable: enabling memecoin creation on Bitcoin, which it calls “the only chain that will live forever.” Its whitepaper, roadmap, and staff particulars are accessible on its web site, alongside a SolidProof audit for credibility.

Bitcoin Pepe’s attraction lies in its simplicity and promise. The challenge’s branding—replete with giveaways and a “Watch Bitcoin Pepe’s Birth” video—faucets into meme tradition whereas leveraging Bitcoin’s enduring popularity, setting it other than flash-in-the-pan tokens.

As Trump’s memecoin saga unfolds with regulatory clouds looming, Bitcoin Pepe provides a grassroots counterpoint.

Official Trump (TRUMP) has raked in hundreds of thousands

The TRUMP memecoin, launched simply days earlier than Donald Trump’s White Home return on January 20, 2025, has turn into a monetary juggernaut.

Based on the Monetary Occasions report dated March 7, entities behind the token—tied to The Trump Group’s CIC Digital and Struggle Struggle Struggle LLC—earned at the very least $314 million from token gross sales and $36 million in charges on the Solana blockchain. Collectively, these teams maintain 80% of the 1 billion minted TRUMP tokens, although Trump’s private revenue stays undisclosed.

The challenge kicked off with 200 million tokens launched initially, with the remaining 800 million slated for distribution over three years. Early gross sales noticed 100 million tokens offloaded for beneath $1.05 every, however costs soared to a peak of $75 by January 19.

Nonetheless, the launch of Melania Trump’s MELANIA memecoin triggered an 82% value drop, prompting Trump-linked accounts to spend $1 million stabilizing the market by shopping for tokens at $33.20.

Analysts recommend that market manipulation could also be at play. The Monetary Occasions tracked $291 million in USDC reinvested into liquidity swimming pools to prop up TRUMP’s worth, alongside 14.7 million tokens despatched to exchanges like Binance and Coinbase.

Regardless of the crash, the 831 million tokens nonetheless held by Trump associates carry a notional worth of $10.8 billion, underscoring the memecoin’s outsized impression.

The phenomenon has sparked regulatory scrutiny with Consultant Sam Liccardo proposing banning officers from such ventures, whereas New York Meeting member Clyde Vanel launched a invoice on March 5 to penalize memecoin rug pulls.

But, with the SEC deeming memecoins exterior securities legal guidelines, oversight stays murky, leaving buyers weak amid the hype of 700 copycat tokens.

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