2024-01-20 05:17:13
Over the past few weeks, the ICO of a brand new coin has caught the attention of BTC holders. Its main goal is to replicate Bitcoin’s astronomical 27,000% gain since 2015.
The project in question is none other than the Bitcoin Minetrix (BTCMTX). It is widely applauded for having already raised more than $8.7 million in pre-sale fundraising ahead of its official stock market debut later this year.
Since investors have already staked more than 559 million BTCMTX tokens, the question is legitimately raised whether this cryptomining platform with fresh and innovative functions is capable of a similarly upward, wild exchange rate action, as we experienced in the case of Bitcoin.
Bitcoin Minetrix Stake-to-Mine mining generates passive BTC rewards
Bitcoin Minetrix is not just one cloud mining platform among others, so much more. Its distinguishing feature is the “Stake-to-Mine” function, with which owners can earn BTC rewards by staking their BTCMTX tokens.
Here are the details: when users stake their BTCMTX coins, they can mine BTC, but they can also decide to sell BTC and buy BTCMTX coins again.
The Bitcoin Minetrix white paper highlights that the project’s system specifically encourages long-term holding of BTCMTX tokens while cyclically generating BTC income.
In addition, Bitcoin Minetrix users can also enjoy the benefits of the ecosystem’s high-yield tying protocol.
BTCMTX’s APY at the time of writing At an annual return of 74% goes, although this percentage rapidly decreases as the number of moorings increases.
With 559,963,477 tokens pledged so far, it appears Bitcoin Minetrix is building a dedicated community ready to invest in its success.
This community enjoys the potential of the Stake-to-Mine model, as it says yes to a simple, affordable, energy-efficient and sustainable version of BTC cloud mining. There are no more insurmountable obstacles to Bitcoin mining!
I am interested in Bitcoin Minetrix
The ongoing BTCMTX presale is fueling quite a bit of enthusiasm for the future of Bitcoin Minetrix
Life is bubbling around the project and Bitcoin Minetrix pre-sale event generated considerable interest from the broader crypto community as well.
Well, let the numbers come! The ICO has raised more than $8.7 million so far, so that is how many BTCMTX tokens are distributed among the participating investors. They can say about themselves that they were able to make money from the tokens even before starting on the stock exchange.
Interested parties can buy tokens for $0.0129 in the current phase, but beware, this price will increase from phase to phase later.
And the fact that several popular crypto-influencers are openly behind the Bitcoin Minetrix project only adds fuel to the fire, i.e. increases the already intense interest in BTCMTX coins.
The most prominent supporter of the coin is perhaps the YouTuber Michael Wrubelwho told his more than 310,000 subscribers that he is “bullish” about the future prospects of the token.
Over the next few months, Bitcoin Minetrix will not be bored as it will work to strengthen its foundations ahead of the BTCMTX listing.
The listings will trigger liquidity and enable non-stop trading of BTCMTX. All of this provides an opportunity for further development of the platform and for the team to provide the project with new functions.
The Bitcoin Minetrix team has already floated some of these, so we learned that it plans to launch a Stake-to-Mine mobile app and plans to partner with major cloud mining companies.
If the team is successful in executing their plans, Bitcoin Minetrix could become so strong that it will be able to democratize BTC mining.
Why Bitcoin owners choose to invest in BTCMTX tokens?
The balanced schedule of the project will greatly contribute to the fact that many Bitcoin owners will choose to invest in BTCMTX even during the successful ICO.
For those who already own BTC, there is a way to expand the circle with staking rewards. In addition, the 74% APY currently offered is much higher than most DeFi protocols.
Of course, Bitcoin holders who invest in BTCMTX tokens are also looking at the long-term growth potential of the native coin.
Given the expectation that demand for simple, energy-efficient Bitcoin mining will continue to grow, it is wise to partner with the Bitcoin Minetrix project before launch.
Then, since there will only be 4 billion BTCMTX tokens in circulation, bullish sentiment about Bitcoin Minetrix is almost guaranteed.
The most ideal thing for the exchange rate to rise would be if the platform becomes more and more popular, and more and more Bitcoin owners pay attention to the coin.
Prospective investors during the ICO via ETH, USDT or bank card they can buy BTCMTX tokeneket.
I’ll check out Bitcoin Minetrix
You may also be interested in:
**Attention! Our article above is guest content and does not constitute investment advice. The editors of BitcoinBázis do not take responsibility for what has been described and urge all readers to be extra cautious in relation to cryptocurrency, CFD, token, cryptocasino, metaverse, DeFi, play-to-earn and ICO/STO/SAFT investments. Individual research and thorough verification of claims is highly recommended. Trade and play responsibly.**
1705728152
#BTC #scared #token #Bitcoins #laurels