CME Group to launch Solana futures as Bitcoin Pepe’s presale hits $3.65m

Key takeaways

• The CME Group is set to launch Solana futures on its platform as demand for crypto products increases.
• 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 clients

CME Group, the world’s largest derivatives marketplace, announced on Friday that it will introduce Solana (SOL) futures on March 17, expanding its suite of cryptocurrency derivatives.

The futures product, pending regulatory review, will allow traders on CME to manage SOL price risk with two contract sizes: 25 SOL and 500 SOL. The company’s CEO added that the launch of the SOL futures on its platform comes as CME is responding to increasing client demand for a broader set of regulated products.

With the launch, SOL futures will join CME’s crypto product suite, which includes bitcoin and ether derivatives.

What is Bitcoin Pepe?

The broader crypto market underperformed last week but that hasn’t halted developments within the industry. CME is launching SOL futures to users while new projects are emerging with exciting use cases.

Bitcoin Pepe is a new project looking to revolutionise the Bitcoin blockchain. This project is seeking to leverage the liquidity and security of the Bitcoin blockchain. It will use Bitcoin’s position in the market to introduce memecoins to its ecosystem. 

The team explained that Bitcoin Pepe is a layer-2 network building on the Bitcoin blockchain. It is a meme-specialized layer-2 solution built on top of Bitcoin, bringing Solana-style scalability to the Bitcoin network.

As a L2 network, Bitcoin Pepe will build a home for memecoin activities within the Bitcoin ecosystem. This will help it unlock decentralized finance (DeFi) and meme trading on top of BTC.

Bitcoin Pepe is also the first-ever meme initial coin offering (ICO) on the Bitcoin blockchain, making it the perfect fusion between BTC’s security and the unstoppable force of memecoins. 

Thanks to its utility, Bitcoin Pepe is combining high levels of trust (BTC) with high levels of performance (SOL) to capture high levels of retail mass adoption.

Bitcoin Pepe presale hits $3.65m

The Bitcoin Pepe presale began roughly 16 days ago and has raised $3.65 million from investors globally. In the coming hours or days, it will enter the sixth stage, with the $BPEP price set to increase slightly. 

The native token, $BPEP, is available to investors via the Bitcoin Pepe website. The token can be purchased using various cryptocurrencies, including ETH, USDT, USDC, BNB, and SOL. In this fifth presale stage, $BPEP is going for $0.0255 and is set to increase to $0.0268 in the next stage. 

Thanks to its massive utility, this presale could be an opportunity to get in early on this project and purchase $BPEP at a discount. 

What is Bitcoin Pepe’s utility to the Bitcoin ecosystem?

The Bitcoin Pepe project intends to improve the Bitcoin blockchain by introducing several products and services, including DeFi and memecoins. This could enhance Bitcoin’s utility to enable it to compete with smart contract blockchains like Ethereum and Solana in terms of utility. 

With Bitcoin Pepe, memecoins can launch on the Bitcoin blockchain with ease. Introducing memecoins on the Bitcoin blockchain will make it home to a crazy high-octane meme experience. 

As the leading cryptocurrency by market cap, Bitcoin Pepe intends to unlock Bitcoin’s $1 trillion + dormant capital and make it available for memecoin trading. The L2 network will provide the necessary infrastructure for all memes to migrate to BTC, ensuring security and liquidity for investors and users. Bitcoin Pepe’s native $BPEP token will power several activities within the ecosystem. 

Why buy the $BPEP token now?

The Bitcoin Pepe presale will soon enter its sixth stage, with the token price set to increase afterwards. As the team develops its L2 network and other products, the presale could be an excellent opportunity to get in on the project, allowing investors to gain early exposure to the project.

The developers are working hard to introduce memecoin trading to the Bitcoin ecosystem. Doing so could massively increase Bitcoin’s utility in the crypto space. The presale allows investors to purchase Bitcoin Pepe’s native token at a discount before it goes live on exchanges.