Major Solana investors redirected over $1 million to Bitcoin Pepe's PEP-20 standard, impacting the meme coin market.
Solana Investors Changing Priorities
Blockchain analytics reveal that several large Solana investors transferred their funds to Bitcoin Pepe's presale. This move is due to Solana's network reliability issues, driving investors towards more stable alternatives.
PEP-20 Standard: A New Era for Meme Economy
Bitcoin Pepe's PEP-20 standard allows meme coin creation on Bitcoin's new layer two technology. It could significantly shift meme market infrastructure by offering access to Bitcoin's larger liquidity pool.
Why This Shift Matters
Unlike previous 'ETH killers' and 'SOL killers', Bitcoin Pepe offers enhancements for Bitcoin, combining security and speed. With a limited supply model of 2.1 billion tokens, it may attract long-term investors.
The combination of Bitcoin's security and Solana's speed makes Bitcoin Pepe a compelling solution for the next generation of meme coins, already attracting significant investments.
