Bitcoin Pepe presale surpasses $7m

DOGE down 4% amid broader market retreat

Cryptocurrency prices are down on Sunday evening as Bitcoin continues to trade below the $94k resistance level. The price of DOGE is also down 4% in the last 24 hours, making it the worst performer among the top 10 cryptocurrencies by market cap.

Bitcoin price dropped below the crucial $94k support level on Sunday evening. The coin is now trading in the red and could test the $91k support if the bearish trend persists. In the last 24 hours, BTC price dropped by 1.2%.

If the bulls manage to push the price above the $94k resistance, then the next target could be the $98k resistance level. The price of Bitcoin is down 0.8% in the last seven days.

Dogecoin price dropped to $0.1770 on Sunday evening. The coin is the worst performer among the top 10 cryptocurrencies by market cap.

If the bearish trend continues, then DOGE price could drop to the $0.160 support level. On the other hand, if the bulls manage to push the price above the $0.180 resistance, then the next target could be the $0.200 resistance level.

Dogecoin price is down 4% in the last 24 hours and 3% in the last seven days.

If the current market trends continue, then we could see further declines in the crypto market. However, if the bulls manage to regain control and push the prices above the key resistance levels, then we could see a rally in the coming week.

Bitcoin Pepe presale surpasses $7m

Memecoins are lagging this weekend, with most down 3% or more in the last 24 hours. However, new meme projects, especially those with utility, continue to attract investors.

Bitcoin Pepe is building a new layer-2 project that could unlock Bitcoin’s liquidity and make it available to memecoin trading. Its exciting product continues to attract more investors, with its presale currently approaching a new stage.

It is also the first meme initial coin offering (ICO) on the Bitcoin blockchain and could record massive adoption once its product and token go live. Currently in its presale, Bitcoin Pepe has raised nearly $7.1 million and will enter the tenth stage once the funding hits $7.7 million.

Investors are leveraging the presale to secure an early position in this project. Bitcoin Pepe’s $BPEP token will power the entire ecosystem and is available for purchase via the Bitcoin Pepe website. Accepted modes of payment include ETH, USDT, USDC, BNB, and SOL.

Click here to participate in the Bitcoin Pepe presale.

Is Bitcoin Pepe a worthy project?

Bitcoin Pepe’s whitepaper suggests it could become an excellent project with the right level of adoption. The team is building a layer-2 network to become home to memecoin trading on the Bitcoin blockchain.

The team explained that they chose Bitcoin due to its massive liquidity and security. NFTs and DeFi protocols are already live on the Bitcoin blockchain, but memecoin trading remains missing.

The Bitcoin Pepe layer-2 network will introduce memecoin trading to Bitcoin, allowing developers to have access to the blockchain’s liquidity and high-end security features. The L2 network will empower developers with the tools to migrate their memes from other blockchains to the Bitcoin blockchain.

With millions of memecoins currently available in the crypto space, most of them still struggle with poor liquidity and security. Launching memes on the Bitcoin blockchain will enable them to tap into its massive (over $1 trillion) liquidity. With the right adoption, Bitcoin Pepe could become one of the leading layer-2 networks within the cryptocurrency market.

$BPEP will power activities within the Bitcoin Pepe ecosystem, ensuring that developers and users utilise this token for various transactions. Thanks to its unique value proposition, early investors could enjoy massive ROI once $BPEP launches on cryptocurrency exchanges.