{"id":2646,"date":"2025-03-07T15:27:11","date_gmt":"2025-03-07T15:27:11","guid":{"rendered":"https:\/\/digkrypton.com\/index.php\/2025\/03\/07\/bitcoin-pepe-raises-4m-as-trump-linked-memecoin-rakes-in-350m-for-creators\/"},"modified":"2025-03-07T15:27:11","modified_gmt":"2025-03-07T15:27:11","slug":"bitcoin-pepe-raises-4m-as-trump-linked-memecoin-rakes-in-350m-for-creators","status":"publish","type":"post","link":"https:\/\/digkrypton.com\/index.php\/2025\/03\/07\/bitcoin-pepe-raises-4m-as-trump-linked-memecoin-rakes-in-350m-for-creators\/","title":{"rendered":"Bitcoin Pepe raises $4M as Trump-linked memecoin rakes in $350M for creators"},"content":{"rendered":"<p>Bitcoin Pepe aims for Meme Layer-2 on Bitcoin with PEP-20.<br \/>\nTRUMP memecoin earned $350M for its creators, with 80% owned by Trump affiliates.<br \/>\nRegulatory push grows as memecoins spark profit and manipulation concerns.<\/p>\n<p>The cryptocurrency world is buzzing with the rise of memecoins tied to high-profile figures and innovative concepts. Among the currently trending memecoins are Official Trump (TRUMP), themed after President Donald Trump, and Bitcoin Pepe (BPEP), which brings memecoins to Bitcoin blockchain.<\/p>\n<p>Bitcoin Pepe has raised over $4 million in its <a href=\"https:\/\/bitcoinpepe.xyz\/?utm_source=media&amp;utm_medium=artc&amp;utm_campaign=coinjournal&amp;utm_term=internal&amp;utm_content=current_news\">ongoing presale<\/a>, the \u201cWorld\u2019s Only Bitcoin Meme ICO,\u201d while a <a href=\"https:\/\/www.ft.com\/content\/cb1def8f-53a6-478e-9b3e-33c383b29629\">Financial Times report<\/a> shows that the Official Trump (TRUMP) memecoin, has reportedly generated a staggering $350 million for its creators.<\/p>\n<h2>Bitcoin Pepe seeks to build a meme empire on Bitcoin<\/h2>\n<p>Amid the memecoin frenzy, Bitcoin Pepe is carving its own niche, raising $4,029,822 in its ongoing presale. Dubbed a \u201cSolana on Bitcoin,\u201d this project aims to create a Meme Layer-2 for Bitcoin, boasting instant transactions and ultra-low fees via its PEP-20 token standard.<\/p>\n<p>Currently in its sixth presale stage out of thirty presale stages, the Bitcoin Pepe (BPEP) token is its going for $0.0268 and it is set to rise to $0.0281 in the next phase.<\/p>\n<p>Post-presale Bitcoin Pepe\u2019s vision is ambitious: enabling memecoin creation on Bitcoin, which it calls \u201cthe only chain that will live forever.\u201d Its <a href=\"https:\/\/docs.bitcoinpepe.xyz\/\">whitepaper<\/a>, roadmap, and team details are accessible on its site, alongside a SolidProof audit for credibility.<\/p>\n<p>Bitcoin Pepe\u2019s appeal lies in its simplicity and promise. The project\u2019s branding\u2014replete with giveaways and a \u201cWatch Bitcoin Pepe\u2019s Birth\u201d video\u2014taps into meme culture while leveraging Bitcoin\u2019s enduring reputation, setting it apart from flash-in-the-pan tokens.<\/p>\n<p>As Trump\u2019s memecoin saga unfolds with regulatory clouds looming, Bitcoin Pepe offers a grassroots counterpoint.<\/p>\n<h2>Official Trump (TRUMP) has raked in millions<\/h2>\n<p>The TRUMP memecoin, launched just days before Donald Trump\u2019s White House return on January 20, 2025, has become a financial juggernaut.<\/p>\n<p>According to the Financial Times report dated March 7, entities behind the token\u2014tied to The Trump Organization\u2019s CIC Digital and Fight Fight Fight LLC\u2014earned at least $314 million from token sales and $36 million in fees on the Solana blockchain. Together, these groups hold 80% of the 1 billion minted TRUMP tokens, though Trump\u2019s personal profit remains undisclosed.<\/p>\n<p>The project kicked off with 200 million tokens released initially, with the remaining 800 million slated for distribution over three years. Early sales saw 100 million tokens offloaded for under $1.05 each, but prices soared to a peak of $75 by January 19.<\/p>\n<p>However, <a href=\"https:\/\/coinjournal.net\/news\/melania-trump-launches-official-memecoin\/\">the launch of Melania Trump\u2019s MELANIA memecoin<\/a> triggered an 82% price drop, prompting Trump-linked accounts to spend $1 million stabilizing the market by buying tokens at $33.20.<\/p>\n<p>Analysts suggest that market manipulation may be at play. The Financial Times tracked $291 million in USDC reinvested into liquidity pools to prop up TRUMP\u2019s value, alongside 14.7 million tokens sent to exchanges like <a href=\"https:\/\/coinjournal.net\/exchanges\/binance\/\">Binance<\/a> and <a href=\"https:\/\/coinjournal.net\/exchanges\/coinbase\/\">Coinbase<\/a>.<\/p>\n<p>Despite the crash, the 831 million tokens still held by Trump affiliates carry a notional value of $10.8 billion, underscoring the memecoin\u2019s outsized impact.<\/p>\n<p>The phenomenon has sparked regulatory scrutiny with Representative Sam Liccardo <a href=\"https:\/\/abcnews.go.com\/Politics\/house-democrats-aim-trump-crypto-meme-coin\/story?id=119241283\">proposing<\/a> banning officials from such ventures, while New York Assembly member Clyde Vanel introduced a bill on March 5 to penalize memecoin rug pulls.<\/p>\n<p>Yet, with the SEC deeming memecoins outside securities laws, oversight remains murky, leaving investors vulnerable amid the hype of 700 copycat tokens.<\/p>\n<p>The post <a href=\"https:\/\/coinjournal.net\/news\/bitcoin-pepe-raises-4m-as-trump-linked-memecoin-rakes-in-350m-for-creators\/\">Bitcoin Pepe raises $4M as Trump-linked memecoin rakes in $350M for creators<\/a> appeared first on <a href=\"https:\/\/coinjournal.net\/\">CoinJournal<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Bitcoin Pepe aims for Meme Layer-2 on Bitcoin with PEP-20. TRUMP memecoin earned $350M for its creators, with 80% owned by Trump affiliates. Regulatory push grows as memecoins spark profit and manipulation concerns. The cryptocurrency world is buzzing with the rise of memecoins tied to high-profile figures and innovative concepts. Among the currently trending memecoins [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":2647,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-2646","post","type-post","status-publish","format-standard","has-post-thumbnail","category-bitcoin"],"acf":[],"_links":{"self":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/2646","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/comments?post=2646"}],"version-history":[{"count":0,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/2646\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media\/2647"}],"wp:attachment":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media?parent=2646"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/categories?post=2646"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/tags?post=2646"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}