Bitcoin BSC Raises Over $3 Million in Two Weeks, Becoming a Hot Presale
Bitcoin BSC ($BTCBSC) has gained significant traction since its launch, raising more than $3 million in just two weeks. This presale is shaping up to be one of the most successful of the year. Bitcoin BSC is a stake-to-earn Bitcoin clone that combines the best aspects of Bitcoin with improvements to its weaknesses. While Bitcoin has robust tokenomics and potential for growth, it suffers from low efficiency and limited utility.
Bitcoin BSC has attracted millions of tokens to its staking pool, resulting in an estimated annualized yield percentage (APY) of 169% for current stakers. With the project rapidly approaching its $4 million soft cap, an additional two million tokens will be added to the presale, increasing the hard cap to $6 million.
Bitcoin BSC: An Improved Bitcoin for $0.99
Bitcoin BSC offers buyers a chance to purchase Bitcoin at a price reminiscent of April 2011 when BTC cost less than $1 and had a circulating supply of only 6 million. Not only does this provide a second opportunity to invest in BTC before its price skyrocketed, but it also addresses Bitcoin’s biggest issue – its Proof-of-Work (PoW) consensus mechanism.
BTCBSC tokens are priced at $0.99 during the presale, which may not last long given the current rate of sales. As a Proof-of-Stake (PoS) token built on the Binance Smart Chain, Bitcoin BSC offers greater scalability, faster and cheaper transactions, and the ability to generate staking rewards. This is in contrast to Bitcoin’s expensive and inefficient PoW mechanism, which has drawn criticism for its environmental impact and centralization.
Staking Rewards and Tokenomics
One of the main attractions of Bitcoin BSC is its stake-to-earn feature, which is not offered by the original Bitcoin. The staking pool has garnered significant interest, with over 1.5 million tokens currently locked in staking, representing approximately 50% of all purchased tokens. The project offers rewards of 0.25 BTCBSC per block, with tokens generated every 10 minutes. The current APY is 169%, although this figure will decrease as more tokens are added to the pool. However, BTCBSC rewards are expected to outperform other popular staking coins such as Ethereum, Solana, and Cardano, which typically offer 5-10% APY. It is important to note that staking tokens have a minimum seven-day locking period.
Bitcoin BSC’s tokenomics closely mirror those of Bitcoin, with a limited supply and a long unlocking schedule. The total supply of BTCBSC is set at 21 million, and the immediate circulating supply will be 6.125 million, emulating BTC in 2011. The remaining tokens from the presale will be added to the staking allowance, ensuring the project’s long-term future. Additionally, a 120-year unlocking schedule incentivizes holding and allows stakers to earn rewards over a lifetime.
Analysts’ Positive Outlook
Bitcoin BSC has garnered attention from various crypto analysts and YouTubers who see its potential. Joe Parys, a prominent YouTube personality with nearly 400,000 subscribers, has included BTCBSC as one of his top five Bitcoin alternatives for the next bull run. Dutch YouTube analyst Corne Marchand, with 70,000 subscribers, believes BTCBSC has 500% potential. Presale expert Jacob Crypto Bury, followed by 20,000 subscribers, predicts a 10x potential for the token after the presale ends.
Presale Details and Information
Bitcoin BSC is currently in presale, with tokens priced at $0.99 each. The project has already raised over $3 million in just two weeks. Staking rewards are currently set at approximately 169%. Tokens can be purchased using BNB, ETH, or USDT, with a minimum investment of $10. Tokens bought during the presale can be immediately staked, but there is a seven-day minimum locking period.
While the founders of Bitcoin BSC remain anonymous, they have a proven track record in the crypto space. The smart contract audit from Coinsult has been published, and no team allocation has been made. For more information and the latest news on the project, readers can refer to the Bitcoin BSC whitepaper or join the Telegram group.
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About the author - J-S Tremblay
I've been involved in the cryptocurrency world since 2016 and trading since 2019. I started Moon and Lambo in 2021. I'm passionate about crypto and love to share my knowledge. I hate bankers and I hope that cryptocurrency will change the financial world for the better. View full profile...
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