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Cryptocurrency News Articles
Bitcoin Pepe (BPEP) Emerges as Melania Token Crashes After Insider Dump
Apr 15, 2025 at 09:27 pm
The recent sell-off of Melania Token has been sharp and alarming. Over the past month, insiders moved around 50 million tokens—worth nearly $30 million—from community funds into private wallets
The price of Melania token has dropped nearly 96% after insider wallets began a major sell-off, shattering investor faith in the meme coin market.
As Melania struggles to recover, Bitcoin Pepe (BPEP) is emerging as the next big contender, having already raised over $6 million in its presale.
The recent sell-off of Melania token has been sharp and alarming. Over the past month, insiders moved around 50 million tokens—worth nearly $30 million—from community funds into private wallets, according to blockchain tracker Bubblemaps. Roughly $3 billion of these coins reached exchanges, with $500,000 already traded, sending the price down.
This insider behavior has greatly shaken investor trust, especially as wallets tied to the project own 92% of the overall supply. Melania’s price has plummeted from $13.73 in January to approximately $0.44, a decrease of about 96%. Despite escalating concerns, the MELANIA team and prominent figures, like founder Belizario Rodriguez, have remained silent, leaving the community uncertain about the token’s future.
As Melania hits new lows, investors are looking for alternatives, and Bitcoin Pepe (BPEP) is quickly gaining attention. BPEP utilizes the PEP-20 token standard, inheriting Bitcoin’s security and combining it with rapid, low-cost transactions via a layer 2 solution, making it a unique force in the meme coin domain.
BPEP’s presale has raised over $6 million, with tokens priced at $0.0295 at its eighth stage. The initiative aims to unlock $1 trillion in Bitcoin capital by connecting Bitcoin holders to meme coins. With a fixed supply of 2.1 billion tokens and ambitions for a meme-focused DEX and NFT marketplace by Q2 2025, BPEP is drawing over 25,000 investors and positioning itself as a formidable contender in the meme coin sector.
BPEP’s growth could be further propelled by its novel approach to community awards and staking, which are set to launch soon. These characteristics aim to incentivize long-term holding and active involvement, helping sustain the token’s price throughout market turbulence.
Moreover, partnerships with developing Bitcoin-based projects may broaden BPEP’s use cases beyond meme coins, delving into DeFi and gaming sectors. This integration could attract a diverse range of investors seeking new avenues for engagement in the evolving crypto landscape.
Meme coin investors have grown wary following previous scandals, but BPEP’s transparent development updates and open governance model could establish more trust. The project’s capacity to engage its growing membership through regular AMAs and social campaigns will be crucial to maintaining momentum in a competitive market.
To learn more and to buy BPEP, visit their official website.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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