Bitcoin Pepe (BPEP), a meme-driven layer 2 project built on Bitcoin’s blockchain, is gaining traction in early 2025.
The project, which blends Bitcoin’s security with meme coin culture, has raised $3,548,385 in its presale.
Structured in 30 stages, with a 5% price increase at each phase, Bitcoin Pepe has drawn significant investor interest.
As of February 26, 2025, BPEP is priced at $0.0255, with the next stage set to increase it to $0.0268.
Investors who entered early could see returns of up to 300% if later stages sell out.
The tokenomics of Bitcoin Pepe closely follows Bitcoin’s scarcity model, with a fixed supply of 2.1 billion tokens.
Of this, 50% is allocated to presale buyers, 15% to staking rewards, and 10% to liquidity pools.
Unlike inflationary meme coins, BPEP’s staking model burns unsold tokens to maintain price stability post-launch.
Bitcoin Pepe’s emergence marks a shift in the meme coin sector, which has historically been dominated by Ethereum-based projects.
By leveraging Bitcoin’s $2 trillion market cap, BPEP is positioning itself as the first major meme coin built on Bitcoin’s layer 2.
Bitcoin Pepe vs. Ethereum meme coins
Ethereum has long been the dominant blockchain for meme coins, but high gas fees and network congestion have created opportunities for alternatives.
Bitcoin Pepe seeks to address these inefficiencies by operating on a Bitcoin layer 2 network using Proof-of-Stake (PoS) for faster transactions.
This structure enables it to process transactions at speeds comparable to Solana’s 65,000 transactions per second while maintaining Bitcoin’s security.
The introduction of the PEP-20 token standard differentiates Bitcoin Pepe from Ethereum-based meme coins.
This standard allows for the seamless creation of new meme coins and decentralized exchange (DEX) functionality directly on Bitcoin’s blockchain.
The project plans to launch a meme-focused DEX and NFT marketplace by Q2 2025, aiming to challenge Ethereum’s dominance in the decentralized finance (DeFi) and non-fungible token (NFT) spaces.
By contrast, Ethereum-based meme coins remain constrained by Ethereum’s high transaction costs. While Ethereum continues to develop scalability solutions, Bitcoin Pepe is capitalizing on the immediate benefits of Bitcoin layer 2.
Bitcoin Pepe’s upcoming milestones
Bitcoin Pepe’s next major milestones will determine its long-term viability.
The project’s mainnet launch is scheduled for Q2 2025, alongside listings on centralized exchanges such as BitMart and KuCoin.
These listings could improve liquidity and accessibility, giving BPEP a broader investor base.
Market analysts at ICO Bench project that Bitcoin Pepe could reach $0.02181 in 2025, representing a modest 4% increase from its presale valuation.
While meme coins often experience extreme volatility, Bitcoin Pepe’s positioning on Bitcoin’s blockchain could provide it with a level of resilience that many of its Ethereum-based counterparts lack.
For investors, Bitcoin Pepe represents a high-reward bet on Bitcoin’s expansion beyond its traditional role as a store of value.
Its success will depend on whether it can deliver on promised infrastructure upgrades while sustaining community engagement.
Ethereum’s leadership change
While Bitcoin Pepe makes its debut, Ethereum is experiencing internal changes.
Aya Miyaguchi, who has served as the Ethereum Foundation’s Executive Director since 2018, announced she is stepping down to take on a new role as the foundation’s president.
The decision comes at a time when Ethereum has faced increasing competition from rival layer 1 blockchain such as Solana.
Miyaguchi’s tenure saw key developments, including Ethereum’s transition from proof-of-work to proof-of-stake in 2022.
In her new position, she will focus on strengthening Ethereum’s institutional relationships.
Her transition follows a challenging 12 months for Ethereum, during which its market share has declined as competitors have gained ground.
The timing of Miyaguchi’s move raises questions about Ethereum’s future direction.
While she stated that the decision was made a year ago, recent criticism of Ethereum’s sluggish progress in scaling solutions may have influenced the announcement.
As Ethereum navigates leadership changes, Bitcoin Pepe is emerging as a contender in the meme coin space, leveraging Bitcoin’s infrastructure to challenge Ethereum’s dominance in decentralized applications.
The coming months will determine whether Bitcoin Pepe can capitalize on its early momentum or whether Ethereum’s established ecosystem will maintain its grip on the meme coin market.
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