Key takeout
Michigan has joined the waves of other states in the US, aiming to invest in cryptocurrency.
Bitcoin Pepe’s Presale is approaching $2 million two days after its launch.
Michigan offers crypto investment
More states in the US are trying to invest in cryptocurrency. Michigan representatives Brian Poshumus and Ron Robinson proposed House Bill 4087 to allow the state to invest in Bitcoin and other cryptocurrencies.
If the bill is approved, state treasurers can allocate up to 10% of Michigan’s General and Economic Stabilization Fund to cryptocurrencies. Michigan joins the wave of other US states offering cryptocurrency investments.
What is Bitcoin Pepe?
Bitcoin is probably the top of the list as Michigan and other states are trying to invest in cryptocurrencies. Bitcoin Pepe It utilizes Bitcoin’s position in the market to introduce Mamecoin into its ecosystem.
Building a Layer-2 network on the Bitcoin blockchain. Bitcoin Pepe is a meme-specialized layer 2 solution built on top of Bitcoin, bringing Solana-style scalability to the Bitcoin network.
According to Whitepaper, Bitcoin Pepe is designed to become ground zero for all Memecoin transactions and move all this economic activity into the BTC ecosystem. This project unlocks Defi and Meme trading on BTC. The team describes Bitcoin Pepe as the perfect blend of BTC’s security and the power of unstoppable Memecoin.
The team added that Bitcoin Pepe is the first Meme Early Coin Product (ICO) on the Bitcoin blockchain. This allows BTC Maxis to exchange memes, combining high levels of trust (BTC) with high levels of performance (SOL) leading to high levels of retail mass adoption.
How can Bitcoin Pepe move the Bitcoin ecosystem forward?
Bitcoin is the oldest blockchain in the ecosystem, but it has less utility than smart contract blockchains such as Ethereum and Solana. but, Bitcoin Pepe It plans to open more blockchains by allowing MemeCoins and other stories to be released on the network.
By guiding memes with Bitcoin, Bitcoin Pepe transforms blockchain into a home base for crazy high octane meme experiences. The team believes that the BTC Bridge will unlock $2 trillion dormant BTC capital and make it available for MemeCoin transactions.
Bitcoin Pepe is launched as a Layer-2 network, providing the infrastructure needed for all memes to move to BTC, ensuring security and liquidity for investors and users.
Bitcoin Pepe Presale raises $2 million over two days
Bitcoin Pepe’s Presale was launched two days ago and is already approaching a new milestone. According to their official white paper, Bitcoin Pepe Presale raised $1,937,568 in just two days.
This is not surprising, as native token $bPep gives power to the Bitcoin Pepe Layer 2 network and several other activities within the ecosystem. Presale allows investors to purchase tokens before they are listed on the exchange.
Investors can purchase $BPEP tokens using a variety of cryptocurrencies, including ETH, USDT, USDC, BNB, and SOL.
Pre-sale could be an opportunity to buy $BPEP with a discount. Solana’s Sol is currently trading at $196 per coin. However, it will be sold for $0.22 during the 2020 pre-sale, indicating how early investors will benefit from participating in the pre-sale.
Bitcoin Pepe aims to become a leading Bitcoin L2 network that provides user security and liquidity. In addition to that, we are leveraging the recent growth of Memokine while working to implement more members into the Bitcoin ecosystem.
