Bitcoin Pepe (BPEP) claims to be building a layer-2 network for Bitcoin, allowing the world’s largest blockchain to engage with smart contracts and decentralized applications (dApps). In turn, new projects will be able to launch tokens on the PEP-20 standard, while leveraging Bitcoin’s security and reputation.
But is Bitcoin Pepe a legit project with realistic ambitions or simply an unproven concept built around hype? Read on for the full breakdown of BPEP, including its price potential in the coming years. Learn how to buy Bitcoin Pepe via the soon-to-launch presale event, and what best practices should be followed to mitigate the investment risks.
Key Takeaways on Bitcoin Pepe
- Layer-2 network for the Bitcoin blockchain: In a nutshell, Bitcoin Pepe claims to be developing a layer-2 network, allowing Web 3.0 projects to build on the original Bitcoin blockchain. In theory, this means dApps and meme coins could operate alongside the world’s largest crypto asset. The proposed token standard will be PEP-20, similar to Ethereum’s ERC-20 framework.
- Token supply: Bitcoin Pepe’s native token is BPEP, which has a total supply of 2.1 billion. 50% has been allocated for presale buyers, with the balance split between development costs, marketing, and exchange liquidity. Unlike other layer-2 networks, BPEP’s use case remains unclear. No credible utility benefits (other than weekly giveaways) are provided.
- 30 presale stages: Bitcoin Pepe won’t list BPEP tokens on exchanges until its presale event concludes. The presale will be run over 30 stages, each increasing the cost basis by 5%. No end date is provided, as it’s reliant on how quickly each presale stage sells its allocation. An unsustainable upside of over 300% is available to stage-one buyers, meaning a potential dump at the token generation event (TGE).
- Why we don’t recommend this project: There are simply too many red flags to consider. Most importantly, Bitcoin Pepe hasn’t published any evidence (including beta testing or development progress) that its layer-2 network actually exists. Nor are there any use cases for BPEP. Its tokenomics is unsustainable too, with 50% of the supply being sold to presale buyers. An alternative presale project is Bitcoin Bull, which is fully audited, offers sound tokenomics, and provides better long term potential.
What Is Bitcoin Pepe (BPEP)
Bitcoin Pepe is a new crypto startup developing a layer-2 network for Bitcoin. It claims the network will enable meme coins to launch on the Bitcoin blockchain, creating an entirely new marketplace. These meme coins will take the PEP-20 standard, which is native to Bitcoin Pepe.
Bitcoin Pepe also references Solana’s efficiency, claiming its layer-2 network will offer lightning-fast speeds, high scalability, and cheap fees. This would improve Bitcoin’s existing capabilities considerably. However, while it’s true this concept requires a layer-2 ecosystem (as Bitcoin doesn’t support meme coins), Bitcoin Pepe currently doesn’t have a working product.
On the contrary, Bitcoin Pepe is newly founded, with its ambitious technical objectives merely a concept at this point. Furthermore, the Bitcoin Pepe whitepaper is a major red flag. Ordinarily, blockchain startups provide comprehensive data to back up their innovations, such as development milestones and beta testing.
None of this exists in the whitepaper, resulting in a severe lack of credibility. Moreover, other than the “Head Of Community’ and “Technical Advisor”, no information is provided about the core team, including the founders and c-suite executives. This suggests zero accountability and transparency, meaning Bitcoin Pepe could be best to avoid.
Why We Don’t Recommend Bitcoin Pepe
While Bitcoin Pepe has created an interesting concept for the Bitcoin community, these red flags are simply too strong to ignore:
- Bitcoin Pepe has no working product. Nor does it explain how its layer-2 ecosystem works or what development milestones it has achieved to date. Crucially, presale buyers are investing in a concept without any substance or evidence.
- A deep dive into Bitcoin Pepe’s whitepaper shows that BPEP has no identifiable utility. In our view, BPEP should sit within the meme coin category, considering its decision to use the Pepe narrative, alongside its lack of use cases.
- BPEP tokens have been created with a highly unsustainable framework. 50% of the supply is held by speculative presale buyers, which is unprecedented for a layer-2 network.
- In addition, an upside of over 300% is available to stage-one buyers, potentially leading to a massive token dump when the presale concludes. This could lead to extended bear sentiment, with BPEP never recovering.
All things considered, presale investments can generate notable gains when a proven concept is in place. However, Bitcoin Pepe’s red flags suggest it won’t be one of the next cryptocurrencies to explode.
How to Buy Bitcoin Pepe
The following sections explain how to buy Bitcoin Pepe. The presale will launch later today, so our beginner-friendly walkthrough ensures a first-mover advantage can be secured.
Step 1: Download a Crypto Wallet
The Bitcoin Pepe presale supports wallet-to-wallet payments. Therefore, the first step is to download a wallet offering self-custody storage. This ensures you control the private keys and that presale investments can be made without third-party interference.
Best Wallet is a good option. It supports over 60 network standards, including Ethereum and Solana (which Bitcoin Pepe accepts). What’s more, Best Wallet is a user-friendly app that’s free and secure.
Step 2: Buy Crypto
You can only buy Bitcoin Pepe tokens with an accepted coin.
This includes:
- ETH, USDT, USDC (Ethereum)
- SOL (Solana)
- BNB (BNB Chain)
Transfer one of these coins to your crypto wallet address.
You can also buy coins directly when using the Best Wallet app, with accepted payment methods including debit/credit cards and e-wallets.
Step 3: Connect the Wallet to the Bitcoin Pepe Website
Now visit the Bitcoin Pepe website. Click the “Connect Wallet” button. You’ll see in the image below it’s currently greyed out, as the presale doesn’t start for another few hours.
Nonetheless, once live, select the wallet provider from the drop-down list. If it’s not shown, choose the “WalletConnect” option and scan the QR code from a mobile wallet.
Step 4: Buy BPEP Tokens
Now choose the coin you’re using to buy BPEP by clicking on “Select Payment” (e.g. SOL). Type in the number of coins you’ll be investing in the “You Pay” field (e.g. 2.5 SOL).
The “You Receive” field will automatically update with the equivalent number of BPEP tokens. Then confirm the investment and wait for a smart contract request to appear in the connected wallet.
This requires authorization before transferring the coins to the Bitcoin Pepe presale. Once confirmed, the presale investment has been made.
Return to the Bitcoin Pepe website after the presale end date to claim the tokens.
Is Bitcoin Pepe a Good Investment?
Let’s explore the Bitcoin Pepe investment thesis in more detail. This will help you decide whether or not BPEP tokens are worth buying.
Unsustainable Presale Upside for Early Buyers
Like many new crypto launches, Bitcoin Pepe offers a discounted price to presale investors. The biggest discount is available when investing in the presale at an early stage. This is because each stage increases the price by 5%. For example, those investing in the first presale stage will pay $0.0210 per BPEP.
The price will have risen to $0.0864 by the end of the presale, meaning a 300% cumulative gain. However, this substantial upside is far from sustainable. Consider that many (if not most) presale investors will cash out as soon as BPEP is listed on exchanges. After all, it makes sense to lock in a quick 300% gain rather than hoping the price will increase.
However, this strategy is certain to result in an immediate price crash. Enhanced selling pressure won’t be sustained, considering the initial liquidity will be limited. This could also encourage later-stage investors to sell, with the view of preventing further losses.
Therefore, while a 300% presale gain sounds lucrative at first glance, only a small percentage of buyers will be able to secure it. The likelihood is that bots will extract the available liquidity before human traders, given the speed, precision, and accuracy they operate at.
Lack of Evidence or Development Progress
Neither the whitepaper nor roadmap highlights credible development objectives. Virtually no information is provided about the underlying technology, meaning the layer-2 concept is nothing more than an idea. For example, the roadmap simply states that “L2 Dev Work Begins” in phase two.
And that the “L2 Bridge Launch” will happen in phase five. There are no technical specifications, beta tests, or even development timelines. This is also the case with the proposed network standard – PEP-20. This lack of substance is a major red flag that should be considered before proceeding with a presale investment.
Meme-Like Characteristics
While a layer-2 network for Bitcoin could generate significant interest from the broader markets, Bitcoin Pepe is unlikely to be the beneficiary. Having explored its website and whitepaper extensively, Bitcoin Pepe seems to be aligned with meme-like characteristics rather than a serious layer-2 solution.
For example, the only use case I can see for BPEP is that holders can win weekly giveaways. There’s no information about BPEP being the transactional currency for smart contract deployment. Let alone governance or staking. It’s also unusual that Bitcoin Pepe is leveraging the “Pepe the Frog” narrative, a concept more synonymous with the best meme coins.
The tokenomics is also a cause for concern:
- Bitcoin Pepe has decided to issue half of its total supply to the presale event. This means a significant number of tokens will be traded by speculative investors, causing extreme volatility.
- Conversely, just 10% of the supply has been allocated for development. This is unlikely to be sufficient, considering Bitcoin Pepe doesn’t currently have a working product.
Bitcoin Pepe Price Prediction
Let’s move on to our Bitcoin Pepe price prediction, starting with 2025.
Bitcoin Pepe Price Prediction 2025
Bitcoin Pepe will experience price fluctuations even before its first exchange listing. This is because of the previously mentioned presale framework, with a 5% price rise as each stage finishes. This means the BPEP price will go from $0.0210 to $0.0864 during the presale event, an increase of over 300%.
This is reminiscent of a meme coin project aiming to create hype and FOMO. Crucially, it’s hard to see an immediate pricing rally when BPEP begins trading on exchanges. On the contrary, I anticipate a rapid sell-off, with early-stage buyers cashing in their 300% presale gains.
Irrespective of broader market conditions in the altcoin space, my Bitcoin Pepe price prediction for 2025 is an all-time high of $0.0864 (the final presale rate). And an all-time low of $0.0298. The latter would represent a 65% decline from the presale’s conclusion. And a modest 40% gain for those investing in the first stage.
Bitcoin Pepe Price Prediction 2026
2026 will be a crucial year for the Bitcoin Pepe price prediction. Based on existing materials (including the website, roadmap, and whitepaper), I’m skeptical that its layer-2 network will ever be developed. Let alone launched and utilized by the Bitcoin community.
In this scenario, BPEP holders will be few and far between, having lost faith in Bitcoin Pepe’s progress. This could see the BPEP price hit an all-time low of $0.01208. This would translate to a 42% and 86% decline from the first and final presale prices, respectively.
Conversely, these Bitcoin Pepe predictions could be redundant if its layer-2 network does eventually launch. However, we’re not convinced this will come to fruition based on existing evidence.
Bitcoin Pepe Price Prediction 2030
There are only two possible outcomes as we approach 2030:
- Bitcoin Pepe will have a fully-fledged layer-2 ecosystem for the Bitcoin blockchain
- No layer-2 network is ever developed
In our view, the latter is the likely outcome. This would mean Bitcoin Pepe is a “dead” project, with no active holders or trading volume. Therefore, BPEP tokens would be virtually worthless.
Is Bitcoin Pepe a Buy?
Still wondering whether or not to buy Bitcoin Pepe?
Here’s a summary of the benefits and drawbacks of the BPEP thesis:
Pros
- Get a massive presale discount: Investing in the Bitcoin Pepe presale offers a substantial discount when getting in early. Those investing in the first stage pay 75% less than final-stage buyers. While this converts to an upside of over 300%, most analysts say that this is highly unsustainable.
- Innovative concept: Bitcoin Pepe’s concept is both innovative and revolutionary. Its proposed layer-2 network will enable meme coins to launch on the Bitcoin blockchain. However, the key word here is “concept”, considering no working product currently exists.
- Inclusive presale conditions: The Bitcoin Pepe presale has an inclusive framework, with no restrictions on the country of residence. This ensures anyone can buy BPEP, even if they’re based in a country with draconian crypto regulations. There are no minimum investment requirements either, making BPEP an affordable presale event.
Cons
- No working product: Make no mistake about it – Bitcoin Pepe has no working product. This means you’re investing in a concept rather than anything tangible. This increases the investment risks significantly, especially considering the core team has decided to remain anonymous.
- Lack of technical detail: Not only is there no working product but the whitepaper provides no technical details on the layer-2 being developed. This lack of credibility means that Bitcoin Pepe is unlikely to attract any serious investment, including from private equity firms and crypto whales.
- Post-listing volatility: Presale investors should expect unprecedented volatility once BPEP tokens are listed on exchanges. For a start, 50% of the token supply will be in the hands of presale buyers. Moreover, there’s a massive presale upside on the table for early participants. The likelihood is that the BPEP price will see an immediate decline.
Best Crypto Presale to Buy Instead of Bitcoin Pepe
So far, I’ve explained how to buy Bitcoin Pepe and analyzed the BPEP price potential. Overall, the identified red flags are simply too strong. This includes zero accountability from the core team, an unstainable presale upside, and a lack of any technical specifications on the layer-2 being developed.
As such, it’s hard to see how BPEP is a viable long-term investment. Having explored other opportunities, I found that the BTC Bull Token presale could be an alternative worth considering.
Here’s why:
BTC Bull Crypto Presale
BTC Bull Token (BTCBULL) has developed an innovative concept. It offers a long-term upside via BTCBULL tokens while simultaneously providing exposure to the BTC price. This is achieved in two ways, both related to BTC hitting key pricing milestones: First, there’s the reward distribution system, which happens when BTC hits $150,000, $200,000, $250,000, etc.
Anyone holding BTCBULL receives a BTC airdrop, paid in real BTC. This is deposited straight into the holder’s wallet. Second, BTC Bull Token has created a burning mechanism, kicking in when the BTC price hits $125,000, $175,000, $225,000, and so on. At each milestone, BTCBULL tokens are burned, meaning they’re removed from the supply.
This deflationary framework means that BTCBULL becomes more scarce over time, similar to the main Bitcoin blockchain. Both the reward airdrop and burning mechanism continue until the BTC price reaches $1 million. Not only that but BTCBULL can be staked. 10% of the token supply has been allocated to the staking pool, distributed over two years.
This ensures sustainability and avoids causing pressure on the BTCBULL supply dynamics. BTC Bull Token launched its presale this week. Over $500,000 has been raised already and accepted cryptocurrencies include ETH and USDT. Investors need a self-custody wallet to proceed, preferably one that supports the Ethereum and Bitcoin standards.
This is because:
- BTCBULL uses the ERC-20 standard, so they must be stored on the Ethereum blockchain.
- BTC backs the Bitcoin blockchain. You need a Bitcoin-compatible wallet to receive BTC rewards when key milestones are met.
BTC Bull Token has partnered with Best Wallet for these reasons, which is considered one of the best mobile wallets. Best Wallet not only supports Ethereum and Bitcoin but over 60 other network standards. It’s free to download, secure, and boasts excellent ratings on Google Play and the App Store. Plus, you can directly invest in the BTC Bull presale from the Best Wallet balance.
FAQs
When is the BPEP listing date?
What cryptocurrencies can I purchase BPEP with?
Can I stake BPEP?
References
- What Is Layer 2? (Chainlink)
- Will Bitcoin Reach $1 Million? BTC Miner CEO Shares Ambitious 2030 Prediction (Finance Magnates)
- ERC-20 Token Standard (Ethereum)
- Why the Frog Memecoin Craze Is a Stress Test for Bitcoin (Bloomberg)
In This Article
Free Bitcoin Crash Course
- Enjoyed by over 100,000 students.
- One email a day, 7 days in a row.
- Short and educational, guaranteed!
Why you can trust 99Bitcoins
Established in 2013, 99Bitcoin’s team members have been crypto experts since Bitcoin’s Early days.
Weekly Research
100k+Monthly readers
Expert contributors
2000+Crypto Projects Reviewed