bitcoinlfg

Tag: PreSale

  • Bitcoin could rally towards $55k soon as Bitcoin Dogs presale crosses $3 million

    Bitcoin could rally towards $55k soon as Bitcoin Dogs presale crosses $3 million

    Key takeaways

    Bitcoin could surge towards $55k soon

    The cryptocurrency market has been consolidating over the last few days following its rally last week. Bitcoin’s price has been stagnant since the start of the week but could surge higher soon.

    At press time, the price of Bitcoin stands at $51,613, down by 1% in the last 24 hours. The poor performance comes after it reached a yearly high of $52,623, its highest level since 2021.

    Thanks to the recent rally, Bitcoin’s total market cap has now crossed the $1 trillion mark for the first time in more than two years. Despite the recent consolidation, Bitcoin could be eyeing the $55k level soon as the bulls remain in control. 

    What is Bitcoin Dogs?

    With Bitcoin rallying since the start of the year, investors continue to keep an eye on the broader Bitcoin ecosystem. One of the projects that is gaining traction within the Bitcoin ecosystem is Bitcoin Dogs. 

    It is a unique project that intends to leverage the power and attractive nature of the Bitcoin network to gain massive adoption. Bitcoin Dogs is the first BRC-20 token ICO. It offers investors an exciting value proposition as it will combine the elements of cryptocurrency, non-fungible tokens (NFTs), decentralised finance (DeFi), and Web3 culture. 

    The project’s launch comes barely a month after the United States SEC approved multiple spot Bitcoin exchange-traded funds (ETFs). Furthermore, it is coming at a time when the broader crypto market is anticipating the next Bitcoin halving/

    While most presales within the crypto market are on the Ethereum and BNBChain blockchains, Bitcoin Dogs is setting a new trend by introducing $0DOG, its native token, as a novel investment opportunity on the Bitcoin blockchain.

    As the first presale on the Bitcoin blockchain, $0DOG could gain massive adoption by Bitcoin maximalists and others within the ecosystem. 

    Bitcoin Dogs presale tops $3 million

    The Bitcoin Dogs presale began roughly a week ago and it has already raised more than $3 million. The presale will usher in a new era of BRC-20 ICOs within the Bitcoin ecosystem.

    The interest in this project could stem from its unique value proposition and tokenomics. There would be 900 million $0DOG tokens and investors would be granted access 

    to an exclusive NFT collection and an immersive gaming ecosystem.

    Furthermore, the presale will run for just a month and is already leveraging the rarity and novelty of BRC-20 to attract investors.

    The team revealed that while the tokens will be minted on BRC-20, investors can purchase the tokens on ERC-20, with investors providing a BTC wallet address. The BTC wallets would be used to receive $0DOG tokens after purchasing them. Investors can pay for the $0DOG token using ETH, USDT and USDC stablecoins.

    Click here to learn more about the Bitcoin Dogs presale.

    Should you buy $0DOG tokens now?

    The investor has the sole right to decide to invest in a project. However, Bitcoin Dogs could be one of the best performers in the upcoming bullish cycle. The primary reason for this is Bitcoin is rallying at the moment and projects related to BTC could record massive gains in the coming months and years.

    The Bull Run is slated to be in full force later this year and Bitcoin is already eyeing its all-time high price of $69k. The right level of adoption could make Bitcoin Dogs one of the gems of this cycle. 

    In addition to the Bitcoin halving, the US Federal Reserve is expected to cut interest rates over the coming months, pushing more investors into the crypto market. All these make $0DOG one of the tokens on the Bitcoin network to watch out for. 

    Share this article
    Categories
    Tags

    Source link

  • Starknet launches STRK Airdrop as OKX announces listing; Pullix Presale enters penultimate Stage

    Starknet launches STRK Airdrop as OKX announces listing; Pullix Presale enters penultimate Stage

    • Starknet launches STRK token with 1.3M wallet Airdrop, OKX to list the token for trading.
    • The first STRK trading pair on OKX will be STRK/USDT.
    • Pullix (PLX) token price has increased from an initial price of $0.04 to $0.1 in its second-last presale stage.

    In a dynamic week for the crypto space, Starknet’s STRK token has taken the spotlight with a massive Airdrop to 1.3 million wallets. Simultaneously, leading exchange OKX has announced the listing of STRK, creating a buzz in the community.

    Adding to the fervour, Pullix’s PLX token enters its penultimate presale stage, promising unique features and a lucrative investment opportunity.

    Let’s delve into the details of these groundbreaking developments.

    Starknet’s STRK airdrop makes waves

    Starknet, the Ethereum-based ZK-Rollup Layer 2 network, has unveiled its highly anticipated STRK token through an extensive Airdrop campaign. The Starknet Foundation, responsible for the token launch, is distributing STRK to approximately 1.3 million wallet addresses.

    The STRK token is the native token of Starknet network and it plays a pivotal role in decentralization and governance within the network. Starknet enhances scalability for decentralized applications (dApps) using an Ethereum-based ZK-Rollup Layer 2 while ensuring the robust security of the Ethereum settlement layer.

    OKX listing the STRK token

    OKX Exchange, a major player in the cryptocurrency market, is set to provide its users with access to Starknet’s STRK token. The exchange’s decision to list STRK follows the highly anticipated Airdrop announcement, further fueling expectations for increased liquidity and trading opportunities.

    The STRK token will be tradable on the OKX exchange from February 19th at 09:00 AM local time. Users can also withdraw their STRK tokens starting February 21st at 04:00 AM local time. The initial trading pair offered is STRK/USDT, with additional pairs possibly emerging based on user demand and market conditions.

    The move by OKX to list STRK suggests that other prominent exchanges, including Binance, may soon follow suit. This potential expansion to other major exchanges could contribute to the broader adoption and recognition of Starknet’s innovative Layer 2 solution.

    Pullix: seizing the future of DeFi

    In the realm of decentralized finance (DeFi), Pullix is carving its niche with the PLX token, currently in its second-last presale stage. Offering a unique approach to trading, Pullix positions itself as a pioneer with a hybrid exchange, blending centralized and decentralized features for an enhanced user experience.

    The PLX token sets a precedent as the first “Trade-to-Earn” cryptocurrency. Holders enjoy benefits such as passive income, trading discounts, and exclusive rewards from the platform’s daily revenues.

    As Pullix advances through its presale stages, the PLX token is currently available at $0.1 up from the initial price of $0.04. The presale has raised $5,676,776 so far showing the high demand among investors.

    To purchase the PLX token before the price makes its final presale increment, visit the official Pullix website.

    Conclusion

    Starknet’s STRK token, with its groundbreaking Airdrop and listing on OKX, showcases the continued innovation within the blockchain ecosystem. Simultaneously, Pullix’s PLX token disrupts the traditional DeFi landscape, offering a compelling blend of features that could redefine the future of cryptocurrency trading.

    As these projects unfold, the crypto community eagerly anticipates the impact they will have on the broader digital asset landscape.

    Share this article
    Categories
    Tags

    Source link

  • Whales Accumulate $50 Million in $LINK as Price Climbs Higher; $GFOX Presale 98% Sold Out

    Whales Accumulate $50 Million in $LINK as Price Climbs Higher; $GFOX Presale 98% Sold Out

    $LINK’s bullish trend continues, and large-scale investors are responding accordingly. News/events related to the cryptocurrency suggest the sentiment is bullish, and market participants are optimistic about its outlook. $LINK is up by about 40% in the last 30 days, making it another profitable crypto coin like the fast-growing $GFOX. 

    Galaxy Fox ($GFOX) is nearing its retail launch, and market participants expect a major price boost at this stage. This makes now a profitable time to purchase the presale token. However, investors eyeing this profit must act fast, as $GFOX is 98% sold out. 

    Missed the Early $GFOX Train? You Can Still Get In 

    All hope isn’t lost if you miss the first six $GFOX presale stages. The other stages are still profitable entry points, but early participants gain the most. Regardless, Galaxy Fox presale is an excellent opportunity to buy the next token to blow up for cheap, for a potentially high ROI. 

    The presale is rounding up the seventh stage, with over 98% sold out. While there are three other stages left, missing this stage means you’ll buy at a higher price in the next stage. 

    Meme ICOs have been a safer commitment option over the years, provided you find the right project. Galaxy Fox has all the features of the right projects, as it boasts high profitability and safety. The crypto project passed necessary security tests, and unlike most meme projects, it has tangible utility. 

    Galaxy Fox has a stake in the GameFi sector with its P2E runner game. This implies that the GameFi sector’s growth can drive positive price action for $GFOX. This is in addition to its meme utility. The Galaxy Fox ecosystem provides passive earning opportunities for members via P2E gaming, token staking, and holding digital item collections. 

    $GFOX functionality in every top sector, particularly the web3 space, makes it susceptible to high adoption. It will increase its prominence and position it as a leading crypto coin. This is why getting a stake in its presale is essential to avoid missing out on potential huge returns. $GFOX is billed to blow up when it gets on top exchanges. Be sure to get in before then. The more the delay, the lesser the potential return. 

    Buy Galaxy Fox Presale

    Whales Stack $LINK Following Impressive 30-Day Return 

    LookonChain analysis reveals that crypto whales have stacked up about $50 million worth of Chainlink ($LINK) in the past few days. The source revealed that a large-scale investor or institution withdrew about $49.9M worth of $LINK from Binance, using 49 new wallets. This came after $LINK set a 22-month high of $19.68. While the wallet’s owner remains unverified, LookChain reveals the wallets hold around $230,000 – $3.5 million worth of LINK each. 

    Pundits believe the increasing tokenization of real-world assets is one of the major driving forces behind LINK’s bullish rally. Major platform upgrades and integration of new features like Cross-Chain Interoperability Protocol (CCIP) and Circle’s Cross-Chain Transfer Protocol also played little role in $LINK’s price improvement. The altcoin is looking good by all accounts. It recently crossed the $11 billion market capitalization value. 

    While it could not maintain the valuation, it’s still much nearer, at $10.9+ billion. This reflects $LINK’s price improvement in the last month. 

    Per Coingecko data, $LINK is up by 0.48% to $18.53, after a decline to $18.43 from $19.24 in 24 hours. The outlook looks great for the cryptocurrency, and it’s expected to set a new all-time high before the year ends. 

    As the bullish momentum continues, analysts expect the altcoin to push towards $30 in the coming weeks. $LINK could finish the year with a peak price of $70, making it one of the top crypto coins to watch out for. 

    Conclusion 

    Crypto whales are piling into $LINK’s bullish trend, and smart investors are taking advantage of the opportunity in the pre-bull market run-up. The cryptocurrency is performing extremely well, with about  40% increase in the last month. 

    $LINK hopes to break into the $20+ price zone soon, and a more impressive surge could follow. Galaxy Fox is another altcoin showing exceptional strength. The meme coin has sold 98% of its presale, as enthusiasts anticipate its predicted profit-yielding retail phase rally. Potential investors could make up to 100x profits if they join the presale now. 

    Learn more about $GFOX here:

    Visit Galaxy Fox Presale | Join the Community

    Share this article
    Categories
    Tags

    Source link

  • Bitcoin tops $48k for the first time since 2022 as Bitcoin Dogs’ presale commences in three days

    Bitcoin tops $48k for the first time since 2022 as Bitcoin Dogs’ presale commences in three days

    Key takeaways

    • Bitcoin has crossed the $48k mark for the first time since 2022.

    • Bitcoin Dogs presale will commence in three days and will be the first BRC-20 ICO on the Bitcoin network. 

    Bitcoin eyes the $50k mark following its recent rally

    The cryptocurrency market has been bullish since the start of the year, with prices soaring to new levels. Bitcoin, the world’s leading cryptocurrency by market cap, has crossed the $48k level for the first time since 2022.

    At press time, the price of Bitcoin stands at $48,080 per coin. Bitcoin’s rally has also seen other leading cryptocurrencies reach new levels, with Ether now trading above $2,500 per coin.

    What is Bitcoin Dogs?

    With Bitcoin leading the market charge at the moment, it is expected that projects launching on the Bitcoin blockchain will take centre stage. One such project is Bitcoin Dogs. 

    Bitcoin Dogs is a pioneering project that is leveraging the power of the Bitcoin network. It is a unique project because it is the first BRC-20 token ICO. Bitcoin Dogs is set to offer investors an excellent value proposition because it combines elements of cryptocurrency, non-fungible tokens (NFTs), decentralized finance (DeFi), and Web3 culture to create an immersive experience for investors and enthusiasts alike.

    Bitcoin Dogs will also be launching at a time when Bitcoin’s price is approaching its previous all-time high and the recent launch of spot Bitcoin ETFs in the United States. 

    In the last, most presales in the crypto market have been ERC-20 and BNB tokens. However, Bitcoin Dogs is changing the narrative by introducing $0DOG, its native token, as a novel investment opportunity on the Bitcoin blockchain. 

    The development team intend to use the token to underscore the potential for growth and adoption within the Bitcoin ecosystem.

    Bitcoin Dogs presale commences in three days

    The Bitcoin Dogs presale is set to commence in three days and will usher in a new era within the Bitcoin ecosystem. 

    $0DOG will be the first BRC-20 token ICO on the Bitcoin network. According to the team, there would be 900 million tokens minted. The project will also offer investors access to an exclusive NFT collection and an immersive gaming ecosystem reminiscent of popular titles like Axie Infinity and Tamagotchi. 

    The token could gain massive adoption in the medium to long term thanks to its unique blend of utility and entertainment. The team revealed that the presale will last for only one month. Thanks to the rarity and novelty of BRC-20, investors could record massive profits if the project gains the right level of adoption. 

    However, while the tokens will be minted on BRC-20, investors will purchase the tokens on ERC-20, with investors providing a BTC wallet address. The address an investor provides will then receive Bitcoin Dogs tokens. The project will also take advantage of the NFT market by creating an NFT collection. 

    Click here to learn more about the Bitcoin Dogs presale. 

    Should you buy the Bitcoin Dogs token?

    $0DOG could be one of the biggest winners in this Bull Run as it is set to take advantage of the Bitcoin network. 2024 is slated to be the start of a new Bull Run and Bitcoin is already eyeing the $50k mark. 

    With the Bitcoin halving in less than three months, altcoins such as $0DOG could rally higher. Furthermore, the US Federal Reserve is expected to cut interest rates over the coming months, pushing more investors into the crypto market. 

    With the right level of adoption, Bitcoin Dogs could record massive gains in the coming months and years, similar to the success recorded by Bitcoin Cats (achieved $50M 24-hour trading volumes soon after launch). 

    Share this article
    Categories
    Tags

    Source link

  • Twitter analyst sees bullish signs On Bitcoin (BTC) as Rebel Satoshi ($RBLZ) presale exhibits exciting price action

    Twitter analyst sees bullish signs On Bitcoin (BTC) as Rebel Satoshi ($RBLZ) presale exhibits exciting price action

    • Bitcoin surges above $46,000.
    • Bitcoin (BTC) is surging ahead of the much anticipated Bitcoin halving event.
    • Rebel Satoshi gains investor confidence as it nears delivering a 150% presale ROI.

    The crypto market has witnessed notable outflows over the past week as bears loom. As a result, top crypto coins are trading in the red. However, Ali Martinez, a renowned Twitter analyst, believes Bitcoin (BTC) will surge soon. Meanwhile, Rebel Satoshi ($RBLZ), an upcoming meme coin, is primed for massive gains before the end of the month.

    Between Bitcoin and Rebel Satoshi, which cryptocurrency will deliver the best returns in February? Let’s find out!

    Bitcoin: has the Bull Run began?

    Bitcoin performed poorly over the past seven days. On January 30, BTC was changing hands at around $43,611.27. After holding this level for a day, BTC slumped on January 31 ahead of the US Treasury’s decision on interest rates. The resulting downtrend saw BTC trade as low as $41,931.21 on February 1.

    However, BTC recovered partially after Ali Martinez pointed out that investors had transacted 912,626 BTC within the $42,560 price range, forming a significant support level. By February 6, BTC had stabilized at around $42,885.24. The price has since taken to the moon soaring past $46,500 at the time of writing on February 9.

    So, is Bitcoin a good crypto to buy now? According to analysts, despite the current bullish trend, BTC may face further headwinds due to the liquidation of Grayscale’s GBTC fund. To this end, experts set the end-of-February BTC prediction at between $35,807 and $50,000.

    Rebel Satoshi basks in the success of its presale

    Rebel Satoshi, a burgeoning meme coin that aims to challenge the status quo in the crypto industry, has caught investor interest with its audacious mission of fighting centralization. Additionally, Rebel Satoshi has left investors buzzing about its potential after securing close to $1.8 million thus far during its ongoing public presale.

    It is worth noting that $RBLZ, Rebel Satoshi’s governance and membership token, has also played a vital role in wooing investors. Specifically, $RBLZ offers investors access to the Rebel Satoshi ecosystem, which will feature the Rebel NFT Vault, an NFT marketplace, a P2E game, and a stake-to-earn program.

    By January, Rebel Satoshi had commenced Monarchs Round 4 of its presale, and $RBLZ’s price was $0.022. This price represents a 120% surge from the Early Bird Round $RBLZ price of $0.010. Notably, Early Bird Round investors will realize a 150% ROI when $RBLZ reaches its listing price of $0.025.

    On the other hand, Monarchs Round 4 investors will realize a 13.64% ROI when $RBLZ surges to $0.025. Interestingly, Rebel Satoshi has set February 29 as the closing date for its presale. More importantly, analysts believe $RBLZ will surge further when it gets listed on top DEXs after Rebel Satoshi concludes its presale.  

    For more information on Rebel Satoshi, visit the official Rebel Satoshi Presale Website or contact Rebel Red via Telegram.

    Share this article
    Categories
    Tags

    Source link

  • Optimism and Aptos Holders Take Notice of NuggetRush’s Promising Presale Figures

    Optimism and Aptos Holders Take Notice of NuggetRush’s Promising Presale Figures

    TLDR

    • The recent market-wide correction has taken a chunk of Optimism’s (OP) December gains.

    • Aptos (APT) has announced partnerships with high-quality data providers.

    • NuggetRush (NUGX) could dominate the play-to-earn market with the launch of its mining game.

    Optimism (OP) has lost bullish momentum in 2024 following the recent market downturn. Aptos (APT) aims to get real-time data by partnering with mega blockchain data providers.

    Still, NuggetRush (NUGX) and its sale of 168 million tokens continue to draw attention among digital asset investors. NUGX’s first buyers now enjoy an 80% token value increase. Yet, can NuggetRush (NUGX) join the best DeFi projects in the gaming industry? Let’s discuss.

    >> Buy NuggetRush Now <<

    Optimism Loses December Gains in Market-Wide Correction

    The crypto market has been filled with bullish momentum since the end of 2023. Top altcoins had rallied impressively. Optimism (OP) recorded over 100% price increase in December 2023. Its market capitalization had also risen by $1 billion in the same time frame. 

    Yet, Optimism (OP) has lost some of its December growth in January 2024. OP traded at $3.9887 on January 1. It fell by 19.8% to $3.1979 by January 18. OP declined by 10.6%, reaching $2.8561 on January 24 before a 10.5% recovery to $3.1571 on January 30.

    Optimism’s (OP) fall shocked many analysts as the network enjoyed bullish sentiments following its recent upgrades. On January 25, Optimism (OP) launched its bedrock upgrade. Market experts believed the ensuing bullish sentiments would sustain Optimism’s (OP) rally. 

    However, there were many people disappointed by Optimism’s decline. They say OP might rise by 22.2% to $3.8590 due to excitement around its network upgrades.

    Aptos Expects Large Developer Influx Following Data Transparency Partnerships

    Aptos (APT) has partnered with several large data providers to create easier access to real-time information for developers on its network. Companies involved in the partnership with Aptos (APT) include Dune Analytics, Nansen AI, TokenTerminal, and DappRadar. The partnership would further streamline the development of apps on Aptos (APT).

    Furthermore, it could push Aptos (APT) back to the $10.00 range. APT sold at $10.24 on January 2. It fell by 19.1% to $8.2794 on January 9 before recovering by 21.0% to $10.02 on January 13. APT then fell by 9.5% to $9.0673 on January 30.

    Aptos (APT) is aiming to boost DeFi activity on its network in 2024. By incorporating real-time data providers, Aptos developers can build flagship services that compete with major altcoins. This could further boost demand for Aptos’ services, potentially pushing APT up by 26.9% to $11.5073.

    NuggetRush Mega Presale Growth Indicates Yield Potential of Mining Game

    Gamers and investors are thrilled by the overall performance of the NFT gaming market. Yet, NuggetRush, the first-ever blockchain mining game, has everyone talking. Players anticipate a new gaming experience, while P2E enthusiasts and investors are excited by NuggetRush’s (NUGX) financial potential.

    The game takes players on a fun yet challenging mining adventure that tests their ability to think critically, strategize, make decisions, and manage resources/workers. NuggetRush’s (NUGX) inclusion of real-world mining skills and high-level decisions gives the game a unique and realistic feel.

    It rewards players for successful mining operations and gives more rewards for higher mining efficiency. Players also boost their mining efficiency by collaborating with rival players on mining quests. Collaborations also allow for extra group rewards.

    These rewards have immense financial potential as players can trade them for real cash on its P2P NFT marketplace. Additionally, players can earn high-value APY rewards when they stake their NFTs.

    For non-players, investing in NUGX tokens is another way to earn from the project. Investors have acquired 168 million NUGX tokens since its blockchain ICO began. NUGX’s price rose by 80% from $0.010 in round one of its presale to $0.018 in round five. News of NUGX’s listing is already making waves as investors jubilate over another 11.1% increase to $0.020.

    Visit NuggetRush Presale Website

    Share this article
    Categories
    Tags

    Source link

  • LINK pumps as market dumps; GFOX presale smashes $3 million mark

    LINK pumps as market dumps; GFOX presale smashes $3 million mark

    Market drawdowns are part and parcel of the bull market, and investors want to use these opportunities to spot frontrunners. Demand is waiting for dips if markets are dumping and tokens are performing well. These become the fastest movers in bullish conditions.

    Bidding strong altcoins today unlocks better gains tomorrow. Then what crypto can you buy today? Realistically, investors are spoilt for choice with dozens of solid altcoins, but Chainlink (LINK) and Galaxy Fox ($GFOX) are especially notable. LINK pumps as market dumps, and the GFOX presale smashes the $3 million mark.

    Chainlink (LINK) pumping as market dumps 

    Chainlink is a blockchain abstraction layer that powers nearly all of DeFi with its Oracle services. This network feeds external data into smart contracts, and LINK is the top crypto to buy for investors interested in pick-and-shovel plays. While the market dumps, Chainlink has been pumping, and investors want exposure to the interoperability middleware layer.

    Fink is on CNBC every other day talking about asset tokenization. Chainlink’s Cross Chain Interoperability Protocol (CCIP) creates a network of smart contracts that allow digital assets to move unobstructed between chains. CCIP will unlock the ability to move between permissioned (bank blockchains) and public blockchains.

    Acting as the bridge between DeFi and TradFi is a great value proposition, and $LINK’s performance in the current conditions indicates a massive run loading later this year.

    Galaxy Fox (GFOX) shoots past $3 million

    Galaxy Fox has not received the memo of the market dump, and this presale continues to shatter milestones. Most recently, crossing $3 million raised, this ICO shows no sign of slowing, and its current trajectory signals a massive price discovery phase at launch later this year.

    Introducing a new hybrid model to the space Galaxy Fox blends the best of two genres. Its tokenomics and branding are straight from the meme coin genre with a token burn and taxation system. The burn permanently removes tokens from circulation, making GFOX deflationary, and taxation funds several mechanics, including ecosystem growth via the Treasury and staking payouts.

    Deflationary assets are forecast to perform excellently in 2024 as rising demand meets falling supply, and this characteristic makes $GFOX a perfect answer to what crypto to buy today. Passive income plays a big part in this galactic ecosystem, with all GFOX holders able to earn staking rewards. The unique taxation system has created a superb asset: holders earn a yield on an asset with a declining supply.

    Galaxy Fox’s Web3 runner game leverages the classic P2E mechanic, adding a dash of entertainment and another earning avenue for holders. Presales have historically performed excellently in bull markets, and GFOX is easily counted among the top cryptos to buy right now.

    Closing thoughts

    Markets get overheated and overextended, then need to cool off. Tokens that continue moving are the pockets of opportunity, and this is where investors should focus their attention. What crypto to buy today? Anything outperforming relative to the market.

    Galaxy Fox’s stellar performance makes it an obvious buy now. GFOX still has a tiny market cap, and its location in the memecoin and GameFi narratives gives this hybrid easy 100X potential. Multi-billion dollar valuations were common for P2E projects in the last cycle. Add in GFOX’s deflationary nature, and participating in the Galaxy Fox presale today is a no-brainer.

    To learn more about GFOX, visit Galaxy Fox Presale or Join the Community.

    Share this article
    Categories
    Tags

    Source link

  • Bitcoin slips below $40k as Bitbot’s presale surpasses $300k

    Bitcoin slips below $40k as Bitbot’s presale surpasses $300k

    Key takeaways

    Bitcoin’s selling pressure continues as BTC dips below $40k

    Bitcoin, the world’s number one cryptocurrency by market cap, has been underperforming over the last few days. It is down by more than 20% since the spot Bitcoin exchange-traded funds (ETFs) were approved two weeks ago.

    At press time, the price of Bitcoin stands at $39,761, down by roughly 1% in the last 24 hours. Despite the current bearish trend, market participants still expect the bull market to launch in full force this year.

    The Bitcoin halving is barely three months away and it usually signals the beginning of a Bull Run. If the bullish cycle commences this year, Bitcoin and altcoins could record massive gains in the coming months. 

    What is Bitbot? 

    The current bearish trend in the market hasn’t put a dent in the Bitbot presale. It has been a week since the Bitbot presale began and it has already crossed an important milestone. 

    The rising demand for Bitbot’s token can be attributed to its unique value proposition in the market. Bitbot is a Telegram trading bot that puts the power in the hands of the user. It is a self-custodial trading bot that enables users to trade via their cold wallets on Telegram. 

    Bitbot provides an innovative way of trading as it leverages Telegram’s position as one of the leading social media platforms for crypto users. 

    Per the development team, Bitbot will provide numerous powerful features to help traders grow their trading portfolios. The features would be institutional-grade, granting them access to world-class trading functions.

    The Bitbot team comprises individuals with vast experience in various fields including traditional finance and blockchain. With Bitcoin expected to reach new highs in the coming months, trading volume will skyrocket in the crypto market if that happens. 

    Bitbot’s trading innovations

    Bitbot is working to develop excellent trading tools for traders. With the right level of adoption, its native token could become one of the biggest winners in the bull cycle. 

    An exciting aspect of Bitbot is that the tool prioritises security. According to the team, Bitbot will work with Knightsafe to offer a self-custody solution. Thus, mitigating the typical risks associated with Telegram trading.

    Part of the funds raised from the presale will be directed towards the development of anti-MEV and anti-rug solutions for users to protect their assets. These features would enable traders to protect themselves from bots artificially pumping transaction costs and block scam projects.

    BitBot uses an ultra-flexible wallet management fuelled by non-custodial API technology. The trading tool also uses the open-source smart contract wallet to provide a way superior security level for the non-custodial solution to users.

    Bitbot is working on a copy trading feature that would allow investors to copy the trades of the strongest performing wallets based on on-chain activities; predicted to be one of the most popular aspects of the product.

    Bitbot raises over $300k in a week

    The Bitbot presale is moving on excellently. The team has raised more than $300k a week after the presale began. The presale is currently in its second stage and the team is close to reaching the $410,000 target set for this round. 

    The new milestone of $300k shows that Bitbot is gaining fast adoption within the cryptocurrency space. The $BITBOT token is going for $0.0105 in the current presale round and will increase to $0.011 once the third round commences. 

    Per the whitepaper, 20% of tokens will be held by the Bitbot development team to fund ongoing development. 14% to marketing & CEX listings while 3% is allocated to exchange liquidity provision.

    Click here to read more about Bitbot’s upcoming presale. 

    Could Bitbot be a top performer in 2024? 

    The US SEC has already approved spot Bitcoin ETFs and the Bitcoin halving is 89 days away. These catalysts could help push Bitcoin’s price to a new all-time high this year and the broader crypto market could benefit.

    The Bull Run could favour low-cap gems and Bitbot could be one of the biggest winners. Bitbot is putting in the work to become an excellent project for cryptocurrency traders.

    Share this article
    Categories
    Tags

    Source link

  • $INJ Unlocked $139M in Tokens Amidst Market Crash; Presale Buyers Eye $GFOX as Market Tumbles

    $INJ Unlocked $139M in Tokens Amidst Market Crash; Presale Buyers Eye $GFOX as Market Tumbles

    Altcoins are showing great signs of life. Now that Bitcoin’s ($BTC) moment in the spotlight has ended and the Ethereum ($ETH) rally is taking shape (despite the current market retracement), it is only a matter of time before altcoins start to make those famous daily double-digit gains. But not all altcoins are created equal, and when searching for the best cryptocurrency to buy now investors have to pay attention to tokenomics and token unlocks.

    There is a minefield of hidden sell pressure heading into 2024, with more and more major unlocks for leading tokens. Injective ($INJ) unlocked $139 million in tokens of January 21st, which could hamper chances of a strong recovery once the carnage has passed for the broader market. Presale investors are eyeing the Galaxy Fox ($GFOX) presale, betting on deflationary tokenomics this year.

    Injective ($INJ) Last Round Of Token Unlocks: $139 Million Of Sell Pressure?

    Injective has been among the strongest performers in the final quarters of 2023 and the early parts of this year. However, despite being a top crypto to buy, token unlocks have made investors jittery with a cliff unlock occurring on the 21st of January.

    A total of 4.33% of the circulating supply was unlocked, with the bulk going to the team and a portion going to advisors – two of the most likely groups to sell the token. $139 million of sell pressure will be making its way to the Injective order books over the coming weeks, and retail will be the ones charged with absorbing it. That’s a tall order, given the devastation of the market over the past week from Grascale and FTX dumping their $BTC.

    Unlocks are always a tough time for price action. The team deserves to enrich themselves after building this top-of-the-line blockchain. Built using the Cosmos SDK, Injective has been custom-built for financial applications, including basic primitives such as an on-chain order book and MEV resistance. Still, this doesn’t change the fact that retail bidders will be the ones buying the team’s bags and eating the loss. 

    Galaxy Fox ($GFOX) Presale Crosses $2.9 Million

    Galaxy Fox has been attracting increased attention and capital over recent weeks as investors begin to understand the upside of holding deflationary assets in the bull market. Funding recently crossed $2.8 million, and nothing will stop this new hybrid token from smashing the $5 million milestone in the coming weeks. Could it be the best cryptocurrency to buy now in a sea of token unlocks?

    The token burn, and fair launch mechanism leveraged by Galaxy Fox have driven most of this engagement as investors wake up to the reality of looming unlocks for almost all of the top ten cryptocurrencies and major altcoins. At the TGE, the majority of $GFOX tokens will be live, and presale participants will own 70%. This distributed ownership ensures no large wallets dumping.

    Another leading feature in this ecosystem is staking rewards. Galaxy Fox has implemented a unique taxation system that funds staking payouts, allowing all $GFOX holders to earn yield on a deflationary asset. Early stakers can enjoy passive income while relaxing. The burn ensures a constantly decreasing supply, and this powerful combo is something to watch headed into the bull market.

    Deflationary tokens could easily become the breakout stars this year. As demand for tokens increases during the bull market, especially tokens with passive income like $GFOX, and the total supply decreases, it will naturally cause a price spike. More capital chasing fewer tokens is excellent for early holders. 

    Closing Thoughts: Experts Overweight Deflationary Tokens In Bull Market

    Experts always dive into tokenomics, which is, unfortunately, not something many crypto investors take the time to do. Tokenomics play a massive role in figuring out the best cryptocurrency to buy now, and investors who ignore them put themselves at a disadvantage.

    Solid deflationary tokenomics models are already starting to attract a premium, as seen with the recent rise in interest for $GFOX ownership. Get an allocation while it is still undervalued by participating in the presale today!
     

    Learn more about $GFOX here:

    Visit Galaxy Fox Presale | Join the Community

    Share this article
    Categories
    Tags

    Source link

  • $115M Liquidated in 1 Hour as Crypto Market Plunges; $GFOX Presale Hits New All-Time High

    $115M Liquidated in 1 Hour as Crypto Market Plunges; $GFOX Presale Hits New All-Time High

    The crypto market hasn’t had the best start to 2024. This has affected many altcoins, and investors are confused about the best cryptos to invest in. Reports show that the market experienced $115m liquidation in an hour, further decreasing the market’s total value. However, some altcoins still show positive prospects amidst this challenging period. 

    Experts believe they may improve holders’ portfolios in the long run. Galaxy Fox is one of these altcoins. The new meme coin presale keeps progressing regardless of the market state. $GFOX recently hit a new high, sending optimism to existing adopters. New investors now scramble to join the meme coin’s presale. 

    Galaxy Fox: Profit-yielding ICO Amidst Crypto Market Plunge 

    Galaxy Fox is a trending presale meme coin with excellent prospects. The new token is gradually becoming prominent, with investors seeing it as one of the best cryptos to invest in currently. 

    $GFOX aims to be a market success. It will achieve this by entering the crypto landscape with features and functionalities that position it for top performance. The fox-themed meme coin will have P2E functionality while maintaining its meme culture. 

    Galaxy Fox could be amongst the few successful crypto projects to combine meme and P2E functionalities. The meme coin’s own will be different because of strong community backing, developers’ dedication, and utility beyond its ecosystem. $GFOX thrive won’t be localized. Instead, it will spread across web3 space, making it a significant token to every stakeholder in the space. 

    The Galaxy Fox’s ecosystem P2E mechanics will see $GFOX rival top gaming tokens like MANA, AXS, SAND, and GALA. $GFOX aims for a better performance than these tokens had in the previous year, and it looks set to achieve it. Despite the crypto market plunge, analysts believe the GameFi sector will improve drastically this year. Hence, the prediction that $GFOX could be the next P2E sensation is seemingly likely. 

    $GFOX facilitates the P2E game in its ecosystem. It’s used to purchase boosters and NFTs to improve gameplay and serve as a reward for top performers. Ecosystem members can also earn passive income by staking $GFOX token. Outside of its ecosystem, $GFOX is expected to be a payment option, a reward, and a token of value. The booming meme coin is deflationary, meaning that it will experience periodic token reduction. This will contribute to $GFOX value appreciation. 

    $GFOX initial coin offering (ICO) is among the best currently, yielding over $2.7 million. It is set to hit a $3 million high soon and could end above $7 million. The exciting thing about the ICO is the value of the $GFOX presale token. 

    The value is currently at a considerably low point, but has a high possibility of skyrocketing when it enters the retail phase. However, the periodic increase in this value indicates that the profit margin may keep reducing with every delay. Investors are urged to be proactive. 

    Celestia ($TIA): Another Altcoin Weathering Current Market Storm

    $TIA is another cryptocurrency that can help investors escape the effect of this liquidation. The altcoin has been impressive, with over 20% return in the past week. While its recent run has been on a downtrend, analysts believe it’s still one of the best cryptos to invest in at the moment. 

    The price of $TIA set a $20.26 all-time high a few days ago and hopes to return to the price level and beyond soon. The cryptocurrency is hovering around $19.00-$20.00 price point, with current support around $18.20. 

    Experts believe that $TIA is another option that can help investors get through this plunge. The crypto displays high profitability and strong resistance to the bear pressure. $TIA is expected to gain momentum again, and investors can have something to cheer about when it does. A finish above $50 by year-end looks possible, according to analysis by keen observers. 

    Conclusion 

    The crypto market liquidation is clearly having negative effects on the market. With many altcoins declining over the past few days, the buzzing $GFOX presale and $TIA look like the best cryptos to invest in now. Galaxy Fox presale presents an excellent profit-making opportunity amidst this market uncertainty, and smart investors are well-positioned to take full advantage.

    Learn more about $GFOX here:

    Visit Galaxy Fox Presale | Join the Community

    Share this article
    Categories
    Tags

    Source link