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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.
Bitcoin Pepe has raised over $4 million in its ongoing presale, the “World’s Only Bitcoin Meme ICO,” while a Financial Times report shows that the Official Trump (TRUMP) memecoin, has reportedly generated a staggering $350 million for its creators.
Amid the memecoin frenzy, Bitcoin Pepe is carving its own niche, raising $4,029,822 in its ongoing presale. Dubbed a “Solana on Bitcoin,” this project aims to create a Meme Layer-2 for Bitcoin, boasting instant transactions and ultra-low fees via its PEP-20 token standard.
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.
Post-presale Bitcoin Pepe’s vision is ambitious: enabling memecoin creation on Bitcoin, which it calls “the only chain that will live forever.” Its whitepaper, roadmap, and team details are accessible on its site, alongside a SolidProof audit for credibility.
Bitcoin Pepe’s appeal lies in its simplicity and promise. The project’s branding—replete with giveaways and a “Watch Bitcoin Pepe’s Birth” video—taps into meme culture while leveraging Bitcoin’s enduring reputation, setting it apart from flash-in-the-pan tokens.
As Trump’s memecoin saga unfolds with regulatory clouds looming, Bitcoin Pepe offers a grassroots counterpoint.
The TRUMP memecoin, launched just days before Donald Trump’s White House return on January 20, 2025, has become a financial juggernaut.
According to the Financial Times report dated March 7, entities behind the token—tied to The Trump Organization’s CIC Digital and Fight Fight Fight LLC—earned 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’s personal profit remains undisclosed.
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.
However, the launch of Melania Trump’s MELANIA memecoin triggered an 82% price drop, prompting Trump-linked accounts to spend $1 million stabilizing the market by buying tokens at $33.20.
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’s value, alongside 14.7 million tokens sent to exchanges like Binance and Coinbase.
Despite the crash, the 831 million tokens still held by Trump affiliates carry a notional value of $10.8 billion, underscoring the memecoin’s outsized impact.
The phenomenon has sparked regulatory scrutiny with Representative Sam Liccardo proposing banning officials from such ventures, while New York Assembly member Clyde Vanel introduced a bill on March 5 to penalize memecoin rug pulls.
Yet, with the SEC deeming memecoins outside securities laws, oversight remains murky, leaving investors vulnerable amid the hype of 700 copycat tokens.
Mirror, a platform designed as a mainstream publishing outfit for Web3.0 innovators has launched its latest product dubbed “Subscribe to Mint.”
As announced by the firm, the new feature is designed to help expand Mirror’s hallmark web3-native publishing features like Web3 Subscriptions and Writing NFTs to make it an even more powerful tool for creators and their projects.
Subscribing to Mint will enable creators to gather to harness existing tools on Mirror, affording them the luxury to compose with Writing NFTs. The idea behind the Mirror protocol is to enable and sustain a highly functional Web3.0 ecosystem and there are instances where its past and latest innovations have helped legacy firms to achieve success.
“Subscribe to Mint composes with Writing NFTs – a project’s posts on Mirror can be collected by the audience it bootstraps on Mirror via a genesis NFT campaign. UFO, a web3 podcast, has been a pioneer on this front – each of their posts has sold out and raised an average of 0.5 ETH after a Genesis Pass drop that netted almost 8,000 subscribers,” the announcement reads.
There are two major identified use cases for the Subscribe to Mint product. First, Mirror said creators can use the tool to sustain the initial spark from collectors when a new NFT project launches.
“It also serves as a powerful catalyst to rally around a project’s genesis, form community, and promote the announcement. With Subscribe to Mint, that initial spark of interest can be fanned into a durable flame of engagement with a project’s audience through newsletter updates and subsequent drops,” it said.
The product can also be used to power successive drops dubbed a collectible series. The tool can help to register loyalty for subsequent mints and distributions.
At the moment, the Web3.0 ecosystem is still evolving, though, at a very sporadic rate. Mirror believes in the unifying power of the community through engaging products and services that can help sustain interest across the board.
With its offering, it is bound to help usher in a closely knitted digital collectible and general Web3.0 experiences for both creators and community members as a whole.
The latest tool – Subscribe to Mint – has been used, during trials by a number of heavyweights including Optimism which gathered 334k subscribers with a collectible celebrating their accomplishments last year. Additionally, Layer-2 protocol Base launched by the publicly traded exchange, Coinbase Global Inc (NASDAQ: COIN) also used Subscribe to Mint to gather 222k subscribers commemorating the historic collaboration between Base and Optimism with a drop
By setting the pace, Mirror’s unique innovation, with proven results, is pivotal to the growth of the industry, and is notably setting the pace for other innovators to trail.
Benjamin Godfrey is a blockchain enthusiast and journalists who relish writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desires to educate people about cryptocurrencies inspires his contributions to renowned blockchain based media and sites. Benjamin Godfrey is a lover of sports and agriculture.