New listings: ICP, OP, CRV & PEOPLE Quarterly Futures

ICP (Internet Computer), OP (Optimism), CRV (Curve DAO Token) & PEOPLE (ConstitutionDAO) are available for trading on BTCC

We are excited to announce that we have listed four new futures contracts on BTCC:

• ICP/USDT Quarterly
• OP/USDT Quarterly
• CRV/USDT Quarterly
• PEOPLE/USDT Quarterly

You can now trade the above newly-added futures with 50x leverage on our app and web. See more details on the futures contract specifications.

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ICP (Internet Computer) – Public blockchain that empowers developers

What is ICP?

• Internet Computer (ICP) is a decentralized blockchain network launched by DFINITY in 2021 with the mission of turning the public Internet into a world-class computing platform, hence the name.
• This allows developers to create dApps and install the codes on the internet.
• The major advantage of ICP is its almost endless scalability, with the ability to complete transactions in 1-2 seconds.
• The coin is currently ranked 34th on CoinMarketCap, with a market cap of close to $2 billion.

Current Momentum

• ICP carries on its positive trend from last week, currently staying above the $8.00 mark. With the upside potential that the coin has now, analysts are hotly debating whether it will climb to $10 soon. Don’t miss out on any trading opportunities by keeping an eye on its trend with our free price alert tool.

OP (Optimism) – A low-cost and lightning-fast Ethereum L2 blockchain

What is OP?

• The token OP was launched— not long ago—on 31 May 2022 by Optimism, a layer-two blockchain on top of Ethereum that is designed to make transactions on the Ethereum blockchain faster and cheaper.
• To celebrate the launch, a highly anticipated airdrop of OP was conducted on the launch date, and a total of 214 million OP tokens were given out for a total of 231,000 eligible addresses to claim.
• The coin is currently ranked 82th on CoinMarketCap, with a market cap of over $465 million.

Current Momentum

• Considering the coin is still new and fresh, it has been making great gains and starting to earn more recognition from the mainstream market.
• OP has skyrocketed 100% from the $1.10 level last week to around $2.20 this Thursday (4 Aug). Are you bullish on OP? Go long with 50x leverage.

CRV (Curve DAO Token) – A pioneer of DeFi

What is CRV?

• The Curve DAO Token is a token of Curve.fi, the most popular DeFi platform that uses an automated market maker (AMM) to manage liquidity.
• Since its launch in 2020, Curve has garnered the market’s attention by serving as a dedicated AMM for stablecoin trading.
• With the boom in DeFi trading, Curve’s popularity has grown ever since.
• The coin is currently ranked 66th on CoinMarketCap, with a market cap of over $700 million.

Current Momentum

• Despite the minor correction that took place on 2 August, CRV has been trading positively. It’s currently well above the $1.30 level. Last week Curve Finance submitted a proposal for a $1 million OP token grant. If this gets approved, 50,000 OP tokens will be distributed per week to Curve pools over a period of 20 weeks, which may help push CRV’s price higher. Buy/sell CRV with low fees.

PEOPLE (ConstitutionDAO) – The token created to buy a copy of the US constitution

What is PEOPLE?

• ConstitutionDAO was launched as an experiment in Nov 2021 by a team of web3 enthusiasts, with the aim to buy the last remaining privately-owned copy of the U.S. Constitution at a Sotheby’s Auction. Even though $42 million in ETH was raised, the attempt was unsuccessful and was outbid by Ken Griffin, the CEO of Citadel. 
• The group then announced the dissolution of the project, and the donations can be reclaimed through the project’s website indefinitely.
• The coin is well-known for using a mix of Nicholas Cage memes, as the actor has starred in the movie National Treasure where he tries to steal the US constitution.
• ConstitutionDAO is an internet-based grassroots movement just like Dogecoin and Shiba Inu.
• The coin is currently ranked 148th on CoinMarketCap, with a market cap of over $178 million.

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