Key takeaways
- The CME Group is about 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’ll introduce Solana (SOL) futures on March 17, increasing its suite of cryptocurrency derivatives.
The futures product, pending regulatory overview, will enable merchants on CME to handle SOL price threat 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 rising shopper demand for a broader set of regulated merchandise.
With the launch, SOL futures will be a 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 inside the trade. CME is launching SOL futures to customers whereas new initiatives are rising with thrilling use instances.
Bitcoin Pepe is a brand new undertaking seeking to revolutionise the Bitcoin blockchain. This undertaking is searching for to leverage the liquidity and safety of the Bitcoin blockchain. It would use Bitcoin’s place available in the market 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 resolution constructed on high of Bitcoin, bringing Solana-style scalability to the Bitcoin community.
As a L2 community, Bitcoin Pepe will construct a house for memecoin actions inside the Bitcoin ecosystem. It will assist it unlock decentralized finance (DeFi) and meme buying and selling on high of BTC.
Bitcoin Pepe can also be the first-ever meme preliminary coin providing (ICO) on the Bitcoin blockchain, making it the right fusion between BTC’s safety and the unstoppable power of memecoins.
Because of 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 can enter the sixth stage, with the $BPEP price set to extend barely.
The native token, $BPEP, is on the market to buyers through the Bitcoin Pepe web site. The token will be bought utilizing varied cryptocurrencies, together with ETH, USDT, USDC, BNB, and SOL. On this fifth presale stage, $BPEP goes for $0.0255 and is about to extend to $0.0268 within the subsequent stage.
Because of its huge utility, this presale may very well be a possibility to get in early on this undertaking and buy $BPEP at a reduction.
What’s Bitcoin Pepe’s utility to the Bitcoin ecosystem?
The Bitcoin Pepe undertaking 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 sensible 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 residence 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 accessible for memecoin buying and selling. The L2 community will present the required infrastructure for all memes emigrate to BTC, making certain safety and liquidity for buyers and customers. Bitcoin Pepe’s native $BPEP token will energy a number of actions inside the ecosystem.
Why purchase the $BPEP token now?
The Bitcoin Pepe presale will quickly enter its sixth stage, with the token price set to extend afterwards. Because the workforce develops its L2 community and different merchandise, the presale may very well be a wonderful alternative to get in on the undertaking, permitting buyers to realize early publicity to the undertaking.
The builders are working onerous to introduce memecoin buying and selling to the Bitcoin ecosystem. Doing so may massively enhance Bitcoin’s utility within the crypto area. The presale permits buyers to buy Bitcoin Pepe’s native token at a reduction earlier than it goes reside on exchanges.