Key takeaways
- The CME Group is ready to launch Solana futures on its platform as demand for crypto merchandise will increase.
- The Bitcoin Pepe presale has reached $3.65 million and is now set to enter its sixth stage.
CME Group to launch Solana futures for its shoppers
CME Group, the world’s largest derivatives market, introduced on Friday that it’s going to introduce Solana (SOL) futures on March 17, increasing its suite of cryptocurrency derivatives.
The futures product, pending regulatory evaluation, will enable merchants on CME to handle SOL worth danger with two contract sizes: 25 SOL and 500 SOL. The corporate’s CEO added that the launch of the SOL futures on its platform comes as CME is responding to growing consumer demand for a broader set of regulated merchandise.
With the launch, SOL futures will be part of CME’s crypto product suite, which incorporates bitcoin and ether derivatives.
What’s Bitcoin Pepe?
The broader crypto market underperformed final week however that hasn’t halted developments throughout the business. CME is launching SOL futures to customers whereas new tasks are rising with thrilling use instances.
Bitcoin Pepe is a brand new venture trying to revolutionise the Bitcoin blockchain. This venture is in search of to leverage the liquidity and safety of the Bitcoin blockchain. It should use Bitcoin’s place out there to introduce memecoins to its ecosystem.
The workforce defined that Bitcoin Pepe is a layer-2 community constructing on the Bitcoin blockchain. It’s a meme-specialized layer-2 answer constructed on prime of Bitcoin, bringing Solana-style scalability to the Bitcoin community.
As a L2 community, Bitcoin Pepe will construct a house for memecoin actions throughout the Bitcoin ecosystem. This can assist it unlock decentralized finance (DeFi) and meme buying and selling on prime of BTC.
Bitcoin Pepe can be the first-ever meme preliminary coin providing (ICO) on the Bitcoin blockchain, making it the proper fusion between BTC’s safety and the unstoppable drive of memecoins.
Due to its utility, Bitcoin Pepe is combining excessive ranges of belief (BTC) with excessive ranges of efficiency (SOL) to seize excessive ranges of retail mass adoption.
Bitcoin Pepe presale hits $3.65m
The Bitcoin Pepe presale started roughly 16 days in the past and has raised $3.65 million from buyers globally. Within the coming hours or days, it’s going to enter the sixth stage, with the $BPEP worth set to extend barely.
The native token, $BPEP, is obtainable to buyers by way of the Bitcoin Pepe web site. The token may be bought utilizing numerous cryptocurrencies, together with ETH, USDT, USDC, BNB, and SOL. On this fifth presale stage, $BPEP goes for $0.0255 and is ready to extend to $0.0268 within the subsequent stage.
Due to its large utility, this presale might be a chance to get in early on this venture and buy $BPEP at a reduction.
What’s Bitcoin Pepe’s utility to the Bitcoin ecosystem?
The Bitcoin Pepe venture intends to enhance the Bitcoin blockchain by introducing a number of services, together with DeFi and memecoins. This might improve Bitcoin’s utility to allow it to compete with good contract blockchains like Ethereum and Solana by way of utility.
With Bitcoin Pepe, memecoins can launch on the Bitcoin blockchain with ease. Introducing memecoins on the Bitcoin blockchain will make it house to a loopy high-octane meme expertise.
Because the main cryptocurrency by market cap, Bitcoin Pepe intends to unlock Bitcoin’s $1 trillion + dormant capital and make it obtainable for memecoin buying and selling. The L2 community will present the mandatory infrastructure for all memes emigrate to BTC, guaranteeing safety and liquidity for buyers and customers. Bitcoin Pepe’s native $BPEP token will energy a number of actions throughout the ecosystem.
Why purchase the $BPEP token now?
The Bitcoin Pepe presale will quickly enter its sixth stage, with the token worth set to extend afterwards. Because the workforce develops its L2 community and different merchandise, the presale might be a wonderful alternative to get in on the venture, permitting buyers to realize early publicity to the venture.
The builders are working arduous to introduce memecoin buying and selling to the Bitcoin ecosystem. Doing so may massively improve Bitcoin’s utility within the crypto house. The presale permits buyers to buy Bitcoin Pepe’s native token at a reduction earlier than it goes stay on exchanges.
