Tag: commences

  • Strategy spends $742m on BTC as Bitcoin Pepe presale commences tomorrow

    Strategy spends $742m on BTC as Bitcoin Pepe presale commences tomorrow

    Strategy buys over 7k bitcoins
    • Strategy (formerly MicroStrategy) has resumed its Bitcoin acquisitions with $742 million
    • The Bitcoin Pepe presale kicks off in 18 hours, with the project focusing on uniting all memes on a single blockchain

    Strategy purchases 7,633 BTC for $742m

    Michael Saylor’s Strategy (formerly MicroStrategy) has resumed its weekly Bitcoin acquisition after spending over $400 million. On Monday, the company announced that it purchased another 7,633 BTC for approximately $742.4 million at an average price of $97,255 per Bitcoin.

    This latest acquisition follows the sale of 516,413 shares of Strategy’s class A common stock ($179 million) and 7,300,000 shares of its 8.00% Series A Perpetual Strike Preferred Stock ($563.4 million). Strategy now holds 478,740 BTC, worth over $46 billion.

    What is Bitcoin Pepe?

    Bitcoin is the world’s leading cryptocurrency by market cap, while Pepe is one of the most popular memecoins in the crypto ecosystem. However, Bitcoin Pepe is a unique project that is set to offer users utility within the Bitcoin ecosystem.

    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.

    Bitcoin Pepe aims to become ground zero for all memecoin trading and move all this economic activity to the BTC ecosystem. 

    In their whitepaper, the team said Bitcoin Pepe unlocks DeFi and meme trading on top of BTC. They described it as the perfect fusion between BTC’s security and the unstoppable force of memecoins.

    The project also prides itself on being the first-ever meme initial coin offering (ICO) on the Bitcoin blockchain. With this, 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.

    What does Bitcoin Pepe offer to the Bitcoin ecosystem?

    Bitcoin is currently the oldest blockchain and home to exciting projects like Ordinals. However, Bitcoin Pepe plans to open up the blockchain further by allowing the launch of memecoins and other narratives on the network. 

    The project intends to usher in memes on BTC, turning crypto’s oldest chain into a home base for the crazy high-octane meme experience. The team believes the BTC bridge will unlock $2 trillion in dormant BTC capital and make it available for memecoin trading.

    As a layer-2 network, Bitcoin Pepe will provide the infrastructure for all memes to migrate to BTC, ensuring security and liquidity to investors and users. 

    Bitcoin Pepe presale to commence on February 11

    Bitcoin Pepe is launching a presale to allow investors to purchase its native tokens before listing on exchanges. $BPEP will power the Bitcoin Pepe layer-2 network and several other activities within the ecosystem.

    The presale launches in 17 hours, and users can purchase the tokens using a wide range of accepted payment options, including cryptocurrencies, debit, and credit cards. Solana’s SOL currently trades at $202 per coin. However, it was sold for $0.22 during its presale in 2020, an indication of how early investors benefit from partaking in presales.

    As a layer-2 network on the Bitcoin network, Bitcoin Pepe offers users security and liquidity. Furthermore, it is leveraging the recent growth of memecoins to launch as one while working to introduce more memecoins to the Bitcoin ecosystem. 

    With the right level of adoption, $BPEP could become one of the best performers in the crypto market in the medium to long term.



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  • Bitcoin tops $48k for the first time since 2022 as Bitcoin Dogs’ presale commences in three days

    Bitcoin tops $48k for the first time since 2022 as Bitcoin Dogs’ presale commences in three days

    Key takeaways

    • Bitcoin has crossed the $48k mark for the first time since 2022.

    • Bitcoin Dogs presale will commence in three days and will be the first BRC-20 ICO on the Bitcoin network. 

    Bitcoin eyes the $50k mark following its recent rally

    The cryptocurrency market has been bullish since the start of the year, with prices soaring to new levels. Bitcoin, the world’s leading cryptocurrency by market cap, has crossed the $48k level for the first time since 2022.

    At press time, the price of Bitcoin stands at $48,080 per coin. Bitcoin’s rally has also seen other leading cryptocurrencies reach new levels, with Ether now trading above $2,500 per coin.

    What is Bitcoin Dogs?

    With Bitcoin leading the market charge at the moment, it is expected that projects launching on the Bitcoin blockchain will take centre stage. One such project is Bitcoin Dogs. 

    Bitcoin Dogs is a pioneering project that is leveraging the power of the Bitcoin network. It is a unique project because it is the first BRC-20 token ICO. Bitcoin Dogs is set to offer investors an excellent value proposition because it combines elements of cryptocurrency, non-fungible tokens (NFTs), decentralized finance (DeFi), and Web3 culture to create an immersive experience for investors and enthusiasts alike.

    Bitcoin Dogs will also be launching at a time when Bitcoin’s price is approaching its previous all-time high and the recent launch of spot Bitcoin ETFs in the United States. 

    In the last, most presales in the crypto market have been ERC-20 and BNB tokens. However, Bitcoin Dogs is changing the narrative by introducing $0DOG, its native token, as a novel investment opportunity on the Bitcoin blockchain. 

    The development team intend to use the token to underscore the potential for growth and adoption within the Bitcoin ecosystem.

    Bitcoin Dogs presale commences in three days

    The Bitcoin Dogs presale is set to commence in three days and will usher in a new era within the Bitcoin ecosystem. 

    $0DOG will be the first BRC-20 token ICO on the Bitcoin network. According to the team, there would be 900 million tokens minted. The project will also offer investors access to an exclusive NFT collection and an immersive gaming ecosystem reminiscent of popular titles like Axie Infinity and Tamagotchi. 

    The token could gain massive adoption in the medium to long term thanks to its unique blend of utility and entertainment. The team revealed that the presale will last for only one month. Thanks to the rarity and novelty of BRC-20, investors could record massive profits if the project gains the right level of adoption. 

    However, while the tokens will be minted on BRC-20, investors will purchase the tokens on ERC-20, with investors providing a BTC wallet address. The address an investor provides will then receive Bitcoin Dogs tokens. The project will also take advantage of the NFT market by creating an NFT collection. 

    Click here to learn more about the Bitcoin Dogs presale. 

    Should you buy the Bitcoin Dogs token?

    $0DOG could be one of the biggest winners in this Bull Run as it is set to take advantage of the Bitcoin network. 2024 is slated to be the start of a new Bull Run and Bitcoin is already eyeing the $50k mark. 

    With the Bitcoin halving in less than three months, altcoins such as $0DOG could rally higher. Furthermore, the US Federal Reserve is expected to cut interest rates over the coming months, pushing more investors into the crypto market. 

    With the right level of adoption, Bitcoin Dogs could record massive gains in the coming months and years, similar to the success recorded by Bitcoin Cats (achieved $50M 24-hour trading volumes soon after launch). 

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