Bitcoin BSC nears its $3.96M soft cap in presale, fueled by FOMO and a pause in US Fed interest rate hikes, offering high staking APY and versatility.
Key Points
- Bitcoin BSC, a new cryptocurrency built on the BNB Smart Chain, has exceeded $3.4 million in its presale.
- With less than 24 hours remaining to hit the soft cap of $3,960,000, FOMO is setting in among investors.
- The US Federal Reserve’s pause on interest rate hikes adds fuel to the fire, boosting Bitcoin and its derivatives like Bitcoin BSC.
The summer slump in the cryptocurrency market is finally ending as the Bitcoin price starts to recover.
Traders are returning to their desks, ready to make their moves. Meanwhile, a new cryptocurrency called Bitcoin BSC has surpassed the $3.4 million mark in its presale, aiming to create “Bitcoin on the BNB Smart Chain”.
🚀 A phenomenal milestone for #BitcoinBSC!
Exceeding the $3.6 million milestone!
Thanks to everyone who has shown their support!
Join the #Presale today and be a crucial part of the #Stake2Earn revolution! 🎉https://t.co/oM0YP8IlbV pic.twitter.com/0I5FWv816P
— Bitcoinbsc (@Bitcoinbsctoken) September 20, 2023
Presale Hits Soft Cap Target
With less than 24 hours remaining before the presale hits its soft cap target of $3,960,000, excitement is building among investors.
In the past 10 hours alone, over $300,000 has been raised, and the pace is accelerating as the fear of missing out (FOMO) starts to kick in.
Investors who purchase the $BTCBSC coin during the presale expect to see significant profits when it finally lists. However, the coin’s staking properties are also attracting long-term investors who want to earn passive income.
Time is of the Essence
The increasing demand for Bitcoin BSC means that prospective buyers need to act quickly. There is no time to waste before the soft cap is reached.
Interested parties must keep a close eye on the project’s website to monitor the amount raised. The hard cap target is set at $6,125,000, with the soft cap accounting for 65% of the presale token allocation.
It is likely that the hard cap will be reached in a matter of days, potentially leading to missed opportunities for substantial gains.
To stay up to date with the latest developments and price milestones, prospective buyers should regularly check the project’s website, follow Bitcoin BSC’s social media accounts, and join the Telegram group.
The US Fed’s Pause in Interest Rate Hikes Boosts Bitcoin BSC
Bitcoin trading volumes have been low due to the summer lull and the ongoing crypto winter. However, the recent news of the US Federal Reserve pausing interest rate hikes is enticing buyers back into the market.
The expectation is that risk assets like Bitcoin will see a boost, as will new coins like Bitcoin BSC, which offer more potential than Bitcoin itself.
Bitcoin BSC stands out among the hundreds of coins with “bitcoin” in their name. Unlike many other derivatives, Bitcoin BSC is built on a proof-of-stake network, the BNB Smart Chain.
This green blockchain offers faster and cheaper transactions compared to Bitcoin. Its staking functionality allows users to earn a high annual percentage yield (APY) of 151%. Already, over 1.7 million $BTCBSC tokens have been staked, ensuring the project’s stability.
Bitcoin BSC maintains a risk-reward profile that is far superior to that of Bitcoin. With a limited supply of 21 million tokens, Bitcoin BSC has solid foundations for long-term success.
The project’s smart contracts are audited to ensure transparency and security. Additionally, the team has guaranteed locked liquidity in its DEX trading pairs.
Bitcoin BSC Leads the Staking Trend
Bitcoin BSC is at the forefront of a new trend in derivative coins that leverage staking as a utility.
Those interested in staking during the presale can only do so by purchasing with BNB or USDT BEP-20. Staked $BTCBSC tokens have a seven-day withdrawal lock, but after that period, they can be withdrawn at any time.
The versatility of Bitcoin BSC allows users to stake their tokens regardless of whether they bought them with BNB or ETH.
Concluding Thoughts
As the Bitcoin halving cycle begins, Bitcoin BSC is expected to experience a significant price surge. With the halving of block rewards, Bitcoin BSC and other derivative coins are likely to attract increased interest and investment.
Bitcoin BSC has gained attention from prominent figures in the crypto community, including popular YouTube analysts and influential media outlets such as Yahoo Finance and Cointelegraph.
As more financial institutions enter the crypto space, it is crucial to get ahead of the curve and invest in Bitcoin BSC before it catches the mainstream media’s attention.
