The crypto market saw a 10% decline in total market cap last week. This decline and asset volatility can be attributed to the tariffs imposed between China and the US. China revealed an 84% tariff on US imports, responding to former President Donald Trump’s 104% tax on Chinese goods.
China Tariff and Worldwide Implications
The action, scheduled to commence on Thursday, represents an increase from Beijing’s earlier 34% tariff, indicating a tougher position in the trade conflict. As worldwide markets fall, Bitcoin and Ethereum also fall due to risk-averse sentiment.
READ MORE: Pepe’s 51% Trading Volume Drop Triggers Price Fall as Investors Seek Alternatives
On the other hand, typical safe havens such as US Treasuries experience unexpected sell-offs. European equities continued to decline after the EU implemented tariffs on US goods on April 15. Additional US tariffs are anticipated in May and December.
These tariff wars are not only affecting traditional assets but have also had a significant impact on cryptocurrencies. Although altcoins dropped, presales and high-potential cryptocurrencies are gaining strategic appeal.
Bitcoin Pepe’s Heated Presales
As presales get heated, Bitcoin Pepe (BPEP) stands out with an innovative approach. BPEP is changing the meme coin sector with a presale structured over 30 stages, offering early investors significant financial benefits.
It raised $1.4 million within 24 hours of its inception and has already crossed $6 million as it is currently in Stage 8. Each stage increases the token price by 5%, starting at $0.021 and predicted to reach $0.086 by the final phase, rewarding early players with up to 311% potential returns.
As the first meme-driven layer 2 solution atop Bitcoin, BPEP blends Solana-like speed with its security, enabling a fast and cost-effective trading environment. Its fixed quantity of 2.1 billion tokens matches Bitcoin’s scarcity model, with 50% allotted to presale customers and 15% saved for staking incentives.
By aiming to access some of Bitcoin’s substantial untapped liquidity, BPEP hopes to convert the network into a center for meme coins, establishing itself as a major participant in this developing industry.
Bitcoin Pepe is set to launch its mainnet and list on exchanges in Q2 2025. The project will include a meme-focused DEX and NFT marketplace, extending its ecosystem and community interaction. This development will significantly stimulate investor interest and engagement in the meme coin industry.
To learn more and to buy Bitcoin Pepe, visit their official website.
