With just two days left before its exchange debut, Bitcoin Pepe has raised over $12.1 million of its $12.7 million target, making it one of the most closely watched meme coins in 2025. The current price of $0.0377 has drawn the attention of retail investors looking to enter before the token lists publicly on 31 May. Bitcoin Pepe is built on the Bitcoin network using the BRC-20 standard and introduces a novel upgrade called the PEP-20 protocol. The project aims to combine meme culture with faster, cheaper transaction functionality within the Bitcoin ecosystem. In contrast to Ethereum-based meme coins like Shiba Inu or Solana-native projects like Bonk, Bitcoin Pepe offers something different — a community-first token with zero taxes, a fixed supply of 420,690,000,000 BPEP, and a blockchain foundation based entirely on Bitcoin. The token’s contract ownership has been renounced, and liquidity pool tokens have been burned, ensuring no central control and full community governance. This approach has clearly resonated with crypto investors. With $12,139,893 raised at the time of writing, Bitcoin Pepe is just shy of reaching its presale goal. On platforms like Twitter and Telegram, excitement continues to grow as the countdown to listing enters its final stretch. Meme coin market strengthens as Bitcoin Pepe enters Bitcoin Pepe’s timing aligns with a broader meme coin resurgence in 2025. Established players like Dogecoin and Shiba Inu have posted solid gains this year. Dogecoin, despite its uncapped supply and ageing infrastructure, continues to benefit from strong brand recognition and celebrity backing. Meanwhile, Shiba Inu has expanded its ecosystem with staking, decentralised exchanges, and NFT integration — a sign of meme tokens maturing beyond their initial novelty. Solana’s Bonk has also re-emerged as a serious contender. After a successful comeback earlier this year, it was integrated into validator operations and partnered with other Solana-native applications, reinforcing its long-term vision. But unlike Bonk, which is deeply tied to Solana’s architecture, Bitcoin Pepe offers an entirely new use case by building meme coin infrastructure on top of Bitcoin. Bitcoin Pepe’s PEP-20 standard is intended to offer Solana-like functionality — fast and inexpensive transactions — on Bitcoin. This could mark a significant shift in how Bitcoin is used beyond just a store of value, potentially unlocking more DeFi and meme-driven applications in its ecosystem. It also enables Bitcoin Pepe to serve not just as a meme token, but as a Layer-2 platform for future meme coin creation and trading on the Bitcoin blockchain. Bitcoin Pepe vs Bonk, Dogecoin, and Sponge V2 With its upcoming listing, Bitcoin Pepe is drawing comparisons to other tokens that have capitalised on meme hype. Among them, Sponge V2 has generated attention for reviving a popular 2023 meme coin with new staking and play-to-earn features. Its pivot to gaming and utility has worked in its favour, attracting new users and rewarding long-term holders. However, Sponge V2 is still a rebrand and revival story. It does not offer the Layer-2 infrastructure or blockchain-native innovation that Bitcoin Pepe is introducing. Similarly, Bonk and Dogecoin — while more established — are increasingly viewed as legacy meme coins. They remain heavily dependent on existing sentiment and don’t introduce the same level of novelty in terms of blockchain functionality. Bitcoin Pepe , on the other hand, is actively building something new — a meme coin ecosystem that operates on Bitcoin itself. With zero tax, community-led governance, and innovative technology, the project has captured investor interest at a time when meme coins are dominating crypto headlines once again. As Bitcoin Pepe approaches its $12.7 million cap and exchange listing, its momentum suggests a potential breakout moment. Whether it can deliver on its long-term roadmap remains to be seen, but for now, it stands out as a high-upside crypto opportunity in the current market cycle. The post Best crypto to buy before May 31: Bitcoin Pepe nears $12.7M target appeared first on Invezz
