Key takeaways
- The Bitcoin Pepe presale is moving fast, with the fourth stage nearing completion.
- The presale has raised over $2.7 million within a week since its launch.
What is Bitcoin Pepe?
Bitcoin Pepe is a project seeking to leverage the liquidity and security of the Bitcoin blockchain. According to the whitepaper, the team will use Bitcoin’s position in the market to introduce memecoins to its ecosystem.&
It is a layer-2 network building on the Bitcoin blockchain. This project is a meme-specialized layer-2 solution built on top of Bitcoin, bringing Solana-style scalability to the Bitcoin network.
The team explained that Bitcoin Pepe would become home to all memecoin trading and move all this economic activity to the BTC ecosystem. This project will unlock decentralized finance (DeFi) and meme trading on top of BTC.
Bitcoin Pepe will be the perfect fusion between BTC’s security and the unstoppable force of memecoins. It is also the first-ever meme initial coin offering (ICO) on the Bitcoin blockchain.&
With Bitcoin Pepe, BTC Maxis will be able to trade memes, and combining high levels of trust (BTC) with high levels of performance (SOL) will lead to high levels of retail mass adoption.
Bitcoin Pepe presale raises $2.7m within a week
Bitcoin Pepe’s presale is moving fast, with the fourth stage now near completion. The official Bitcoin Pepe website shows that the project has raised over $2.7 million. This is an incredible feat as the presale only began a week ago.&
Investors can purchase the $BPEP tokens (Bitcoin Pepe’s native token) using various cryptocurrencies, including ETH, USDT, USDC, BNB, and SOL.&
In this current stage, $BPEP is going for $0.0243 and is set to increase to $0.0255 in the next stage.&
The presale could be an opportunity to purchase $BPEP at a discount. Solana’s SOL currently trades at $196 per coin. However, it was sold for $0.22 during its presale in 2020, indicating how early investors benefit from partaking in presales.
Will Bitcoin Pepe advance the Bitcoin ecosystem?
Bitcoin is the leading cryptocurrency, with a market cap of nearly $2 trillion. While it has liquidity and security, the Bitcoin blockchain offers less utility than smart contract blockchains like Ethereum and Solana.&
However, Bitcoin Pepe plans to open up the blockchain further by allowing the launch of memecoins and other narratives on the network.&
Introducing memecoins on the Bitcoin blockchain will enable it to become home to a crazy high-octane meme experience. The Bitcoin Pepe team believes the BTC bridge will unlock $2 trillion in dormant BTC capital and make it available for memecoin trading.
Bitcoin Pepe will launch as a layer-2 network, providing the necessary infrastructure for all memes to migrate to BTC and ensuring security and liquidity for investors and users.&
Its native $BPEP token will power several activities within the Bitcoin Pepe L2 network.&
Should you invest in the Bitcoin Pepe presale?
Thanks to $BPEP’s utility, the presale allows investors to participate early in the Bitcoin Pepe project.&
Presales allow investors to gain early exposure to projects. For instance, while Solana’s SOL is trading at $167 today, it was sold for $0.22 during its presale in 2020, indicating how early investors benefit from participating in presales.
Bitcoin Pepe aims to be a leading L2 network on Bitcoin, offering users security and liquidity. By introducing memecoins to the Bitcoin ecosystem, Bitcoin Pepe could be an important project on the blockchain, similar to Ordinals.
The post Bitcoin Pepe’s stage four presale nears completion, raising $2.7m appeared first on CoinJournal.
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