Key takeaways
- The Bitcoin Pepe presale will enter the next stage in a few hours after raising $6.63 million.
- The $BPEP price will increase to $0.031 once the next stage commences.
The broader cryptocurrency market has been bullish over the past few days, with Bitcoin adding over 7% to its value in the last seven days. The bullish performance also saw corporate giants Strategy and Metaplanet add more bitcoins to their balance sheets.
The increased funding in the market also saw new projects like Bitcoin Pepe attract new investors. Its presale is now approaching a new stage, with more investors taking advantage of the discount price.
What is Bitcoin Pepe?
Bitcoin Pepe is a project launching on the Bitcoin blockchain and seeks to introduce memecoin trading on the network. Its layer-2 network could become home to memecoin trading on the Bitcoin blockchain, allowing users to access over $1 trillion in locked capital. It is also the first meme initial coin offering (ICO) on the Bitcoin blockchain.
Bitcoin Pepe presale to enter a new stage soon
The Bitcoin Pepe presale is only hours away from entering its ninth stage after raising $6.63 million over the last few weeks. The ninth stage will commence once the funding hits $6.7 million.
The presale allows investors to get in early on Bitcoin Pepe by acquiring $BPEP, the native token that will power the entire ecosystem. Investors can purchase the $BPEP token via the Bitcoin Pepe website. Accepted modes of payment include ETH, USDT, USDC, BNB, and SOL. Once the ninth presale stage commences, $BPEP’s price will increase to $0.031.
Bitcoin Pepe’s to introduce memecoin trading on the Bitcoin blockchain
The Bitcoin Pepe presale is selling fast, thanks to the project’s unique selling point. According to the whitepaper, Bitcoin Pepe is building a layer-2 network to become home to memecoin trading on the blockchain.
Bitcoin Pepe chose Bitcoin because the blockchain’s smart contract utilities are still behind Solana and Ethereum. NFTs and DeFi activities are already available on the Bitcoin blockchain, but memecoin trading remains scanty.
The new Bitcoin Pepe L2 will change this, ensuring that developers can access liquidity while users enjoy the Bitcoin network’s security. The L2 network will empower developers with the tools to migrate their memes from other blockchains to the Bitcoin blockchain, ensuring maximum security and liquidity.
Is $BPEP ideal for the long term?
Memecoins are known to provide fast returns but rarely last long. Only a few memecoins have attained a billion-dollar market cap with a massive number of holders. Bitcoin Pepe could join this group thanks to its unique selling point.
$BPEP will power activities within the Bitcoin Pepe ecosystem, ensuring that developers and users utilise this token for various transactions. This could boost its price and adoption in the medium to long term.
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