The price of the Melania token has dropped nearly 96% due to alleged insider wallets initiating a major sell-off, shattering investor faith in the meme coin market. As Melania struggles to recover, Bitcoin Pepe (BPEP) emerges as the next big contender. BPEP is gaining pace as investors explore novel prospects beyond typical meme coins.
Melania Meme Coin’s Insider Sell-Off
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 million 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 presently, a decrease of about 96%. Despite escalating concerns, the MELANIA team and prominent figures have remained silent, leaving the community uncertain about the token’s future.
What’s Next for Meme Coins?
Melania Token’s crash has investors looking for new alternatives, and Bitcoin Pepe (BPEP) is attracting interest. BPEP leverages the PEP-20 token standard, integrating Bitcoin’s security with rapid, low-cost transactions through a layer 2 solution. This makes it a unique player in the meme coin market.
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BPEP’s presale has raised over $6 million, with tokens priced at $0.0295 at its eighth stage. The idea intends to free $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 draws over 25,000 investors and positions itself as a formidable contender in the meme coin sector.
BPEP’s growth could be propelled by its novel approach to community awards and staking, which are slated to launch soon. These characteristics aim to incentivize long-term holding and active involvement, helping sustain the token’s price throughout market turbulence. Additionally, partnerships with developing Bitcoin-based projects may broaden BPEP’s use cases beyond meme coins, delving into DeFi and gaming sectors.
As meme coin investors have become more wary after previous scandals, 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 vital to sustaining momentum in a competitive market.
To learn more and to buy BPEP, visit their official website.
