Tag: MEMECOINS

  • Bitcoin Pepe’s presale hits $2.77M as survey shows memecoins’ rewards outweigh risks

    Bitcoin Pepe’s presale hits $2.77M as survey shows memecoins’ rewards outweigh risks

    Bitcoin Pepe’s presale hits $2.77M as survey shows memecoins’ rewards outweigh risks

    • Bitcoin Pepe presale hits $2.77M as momentum builds.
    • Enthusiasts believe the LIBRA scandal calls for clearer memecoin regulation.
    • Kraken survey shows 76% of investors see memecoin rewards outweighing risks.

    Bitcoin Pepe, heralded as the world’s only Bitcoin Meme ICO, has made headlines by raising $2.77 million out of its $2.85 million presale target in its fourth presale stage.

    The Bitcoin Pepe presale is structured in such a way that the BPEP token price increases as the presale stages progress. For instance, with the fourth stage almost completed, the price is expected to rise from the current price of $0.0243 per token to $0.0255 in the fifth presale stage.

    Notably, the Bitcoin Pepe project aims to bring Solana-like technology to the Bitcoin blockchain, introducing concepts like a Meme Layer-2 for BTC with instant transactions and ultra-low fees. The initiative also includes the launch of a new token standard, PEP-20, allowing for meme coin creation directly on Bitcoin, which they argue is the only blockchain that will “live forever.”

    Regulatory challenges highlighted by the LIBRA scandal

    While Bitcoin Pepe seems to be a success, the memecoin market was recently thrown into confusion following the rug pull of LIBRA, which was expected to be a successful crypto project after it was endorsed by Argentine President Javier Milei.

    Following the LIBRA debacle, which is partly blamed on possible insider trading, Nic Puckrin from Coin Bureau has criticized US regulators for failing to provide a framework that could prevent such incidents.

    According to Puckrin, this vacuum has allowed for fraudulent schemes to proliferate, leading to calls for agencies like the SEC or CFTC to step in. However, there’s a counterargument, with some like Christopher Perkins suggesting that memecoins already enjoy a degree of regulatory clarity under commodity laws, though the broader legal landscape remains grey for these digital assets.

    76% of memecoin investors believe rewards outweigh risks

    Despite the risks associated with meme coins, a recent Kraken survey reveals a surprisingly positive outlook on memecoins.

    According to the survey, an overwhelming 76% of investors believe that the potential rewards of investing in memecoins justify the risks involved. This sentiment is backed by 85% of US crypto holders who have ventured into the memecoin market, driven by factors like price volatility, FOMO, and social endorsements.

    Interestingly, while both genders invest in memecoins at similar rates, the survey shows that women tend to be more cautious, generally allocating a smaller portion of their portfolio to these high-risk assets.

    The survey also highlights that while many are optimistic about memecoins’ performance in 2025, the majority still approach these investments with caution, dedicating only a small fraction of their portfolio to memecoins. This cautious optimism reflects a broader understanding of memecoins’ role in the crypto ecosystem, not just as speculative assets but also as a source of entertainment and diversification.

    With that said, the Bitcoin Pepe (BPEP) memecoin leverages Bitcoin’s security and Solana’s speed, offering investors a compelling memcoin alternative that will possibly outshine previously launched meme coins.



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  • 2024 may be a year of memecoins as this presale cruises past $2M

    2024 may be a year of memecoins as this presale cruises past $2M

    • Inflows to crypto funds are up big, 
    • Crypto-adjacent stocks outperform all their TradFi counterparts as the Bitcoin ($BTC) Spot ETF is just days away. 
    • Strap in because a bull market like no other could be on the way.

    The top 5 cryptos to buy now are all memecoins, and the recent strength of Ethereum (ETH) signals the start of stage two of the bull market. 

    Crypto cycles always follow a pattern: BTC pumps, ETH pumps, altcoins pump, and then memecoins run riot. 2024 is set to be the year of memecoins, and Galaxy Fox ($GFOX) has caught everybody’s attention. This presale cruises past $2 million and shows no sign of stopping!

    What Is Galaxy Fox ($GFOX)?

    Galaxy Fox is a hybrid protocol pushing the boundaries of what is possible within DeFi. It blends the best of the play-to-earn and memecoin genres to deliver an easy 100X investment opportunity. At the heart of this galactic ecosystem is an addictive runner game.

    This P2E module pays out rewards to the top 20% of the leaderboard at the end of each season. These prizes are directly exchangeable for $GFOX tokens. NFT holders gain in-game stat bonuses or can purchase upgrades with $GFOX tokens. Half of all $GFOX spent on in-game upgrades gets rolled into the next prize pool. This global competition is Galaxy Fox’s primary interest funnel, and through its clever financial mechanism, it encourages more users to join the ecosystem.

    Galaxy Fox’s memecoin components are its classic viral aesthetic and branding, token burn, and explosive volatility. The token burn ensures $GFOX is deflationary, and the cosmic-themed characters even feature on real-world merchandise, which funds the protocol Treasury. The Treasury then uses this and taxation revenue to support community initiatives and marketing efforts, further driving ecosystem development.

    This focus on ecosystem expansion led analysts to categorize $GFOX among the top crypto to buy in 2023. Benefitting from both the development of the GameFi narrative and the increased memecoin fever sets the stage for a dramatic rally in Q1 of 2024. $GFOX is a hidden gem, and analysts are calling it one of the top 5 cryptos to buy now. They believe it could be one of 2024’s best performers.

    GFOX’s passive income

    Galaxy Fox introduces Stargate- the ecosystem’s rewards hub. Smart contracts channel 2% of all buy and sell taxes to this module, which in turn pays out rewards to stakers. Straightforward residual income and an excellent crypto for beginners looking to put their assets to work.

    Upgrading the typical memecoin tokenomics model to include yield opportunities for investors makes $GFOX an easy pick and explains the enormous presale participation. Instead of benefiting from only a deflationary token, users can additionally earn a yield on their holdings.

    Using taxation to fund staking means a direct link between ecosystem growth/ participation and staking payouts. Presale participants who stake immediately after the launch will benefit massively from the incoming trading frenzy. Smart money already knows this, and that is why whales have aggressively targeted Galaxy Fox’s presale. 

    Closing Thoughts

    The bear market has finally finished, and investors stare straight down the barrel at a two-year up-only paradigm. When everything goes up, investors want to be holding small caps/ memecoins because they will rally hardest.

    Galaxy Fox’s presale gives investors one last chance to buy a heavily undervalued crypto before the fireworks begin. Leading the race of the top 5 cryptos to buy now, $GFOX promises a spectacular price discovery round early next year. Grab an allocation today before it is too late.

    To learn more about $GFOX, visit Galaxy Fox presale or join the community

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