At the time of writing, the TRUMP token was trading at $14, down around 0.5%. Early-stage tokens like Bitcoin Pepe are attracting growing interest from risk-tolerant investors. Investor response has been strong, with over $11 million raised in its ongoing presale.

The Official Trump (TRUMP) meme coin faced a sharp rejection at the $16 level on Thursday, coinciding with heightened scrutiny from lawmakers.

The sell-off came in light of the TRUMP gala event, where the top 220 token holders are expected to dine with Trump.

The top 25 holders may receive a private audience with the former president, with TRON founder Justin Sun claiming on X that he currently holds the largest position.

At the time of writing, the token was trading at $14, down around 0.5%.

While the TRUMP meme coin appears to be losing steam, failing to sustain momentum despite a bullish broader market, early-stage tokens like Bitcoin Pepe are attracting growing interest from risk-tolerant investors.

As overall sentiment in the crypto market continues to improve, these nascent, high-volatility tokens are well positioned to benefit disproportionately from a fresh wave of speculative inflows.

Their low market caps, strong narrative hooks, and alignment with emerging themes such as Layer 2 innovation and cultural tokenization make them attractive vehicles for traders seeking outsized returns in the current uptrend.

House Democrats introduced the Stop Trading, Retention and Unfair Market Payoffs in Crypto Act — the Stop TRUMP in Crypto Act — aimed at curbing government officials’ ability to engage with digital assets while in office.

Spearheaded by Rep. Maxine Waters and co-sponsored by 14 other Democratic lawmakers, the legislation would bar the president and their family from owning, promoting, or profiting from cryptocurrencies, particularly when in possession of non-public information.

The move follows the earlier Modern Emoluments and Malfeasance Enforcement (MEME) Act introduced in February by Rep. Sam Liccardo, which was also spurred by the launch of TRUMP and MELANIA-themed tokens.

The bill adds another layer of controversy to Trump’s expanding footprint in the crypto sector, with critics calling it a conflict of interest and supporters framing it as a populist embrace of blockchain.

Today’s price action suggests that traders are weighing both regulatory risks and the optics of political entanglement in digital asset markets.

As capital returns to the crypto market, speculative tokens—particularly meme coins—are once again drawing heightened attention from investors.

Bitcoin Pepe, positioned at the convergence of meme culture and infrastructure innovation, is emerging as a notable contender in the current speculative cycle.

As the first meme-centric Layer 2 protocol on the Bitcoin network, Bitcoin Pepe integrates the security of Bitcoin with a Solana-style scalable architecture.

The project has rolled out a series of strategic partnerships aimed at reinforcing its ecosystem and broadening its real-world use cases.

These include collaborations with Super Meme for secure meme coin launches via the PEP-20 standard, Catamoto for BASE chain fair launches, and Plena Finance for potential integration into mobile-first DeFi services.

It has also partnered with GETE Network to explore BPEP’s role in cross-chain Web3 gaming.

These developments collectively enhance Bitcoin Pepe’s infrastructure and introduce utility-driven demand for the BPEP token.

Investor response has been strong, with over $11 million raised in its ongoing presale.

The BPEP token is currently priced at $0.0359, with the presale set to end on May 31, 2025.

A subsequent exchange listing is expected shortly thereafter, potentially acting as a near-term catalyst for price discovery.

The post TRUMP token facing volatility: why investors are looking at Bitcoin Pepe appeared first on CoinJournal.

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