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Over the past week, Bitcoin (BTC) has fluctuated between the $95,000 and $100,000 levels. Meanwhile, a recently launched meme coin presale project – BTC Bull Token (BTCBULL) – expects BTC’s price to grow tenfold over the next few years, with plans to reward the project’s early backers if it does.
BTC Bull Token launched its ICO just two days ago, and has already raised almost $1 million – giving it a bullish outlook as investors rush to secure their share of the token’s supply ahead of its exchange launch. The BTC Bull Token presale features a well-designed airdrop campaign that will reward the project’s community with BTC and BTCBULL tokens as Bitcoin grows in value.
Investors can currently purchase BTC Bull Token for $0.002355 each via the presale website or Best Wallet’s smartphone app, where the token can be found in the “Upcoming Tokens” section. The BTC Bull presale accepts ETH, BNB, USDT, and bank card payments – and with no minimum investment required, there’s equal opportunity for small traders and whales to jump in on BTC Bull Token.
BTC Bull Token seeks to join the $72 billion meme coin market as one of the few Bitcoin-centric meme tokens. This will set it apart from the overwhelming number of tokens based on Pepe, Doge, and similar memes.
While other meme coins thrive based on speculative value, Bitcoin Bull Token seeks to do things differently by offering a strategy that could enhance BTCBULL’s growth potential as Bitcoin grows, via the project’s scheduled token burns.
Based on Bitcoin’s fixed supply of 21 million tokens, BTCBULL will join the market with a total supply of 21 billion tokens. 15% of this supply will be allocated to scheduled token burns.
The token burns will occur as Bitcoin’s value increases, with the first burn scheduled once BTC’s price hits the $125,000 mark, and two others following at the $150,000 and $225,000 levels.
Historically, Bitcoin has often led market-wide rallies which drive up the value of altcoins – including meme coins. As BTCBULL’s planned token burns align with Bitcoin’s future price milestones, it could enhance its gains compared to other meme tokens, as the burns would create scarcity and generate positive upward pressure on the token’s value.
Since BTC Bull Token intends to launch before Bitcoin crosses over the $125,000 mark, investors adding BTCBULL to their portfolios during the presale could reap the best benefits. This is because demand for BTC Bull Token looks likely to suddenly increase when Bitcoin gets closer to its next milestone.
Besides token burns, BTC Bull Token intends to reward its holders through its generous airdrop campaign, which will celebrate Bitcoin’s rise toward $250,000. Once the leading cryptocurrency reaches $150,000 and $200,000, BTCBULL will distribute BTC rewards to its early backers.
The airdrop campaign will culminate with an additional BTCBULL airdrop once Bitcoin hits $250,000. While that’s all the developers have revealed so far, their confidence in Bitcoin’s potential to reach $1 million leaves room for additional rewards.
There’s a catch, though, as only investors using Best Wallet will be eligible for the BTC airdrop. The non-custodial wallet has partnered with BTC Bull Token to help the project distribute its rewards across multiple chains – meaning that investors buying BTCBULL using cryptocurrencies such as ETH (for example) will still receive their BTC.
Additionally, investors using Best Wallet will have the ability to track their BTCBULL holdings and watch them grow in value as the presale progresses. This facility will be exclusively available on Best Wallet, and not other Web3 wallets, such as Metamask.
BTCBULL’s inclusion in Best Wallet’s Upcoming Tokens section comes as no surprise, as the wallet only features vetted presales that prioritize investor security. With 10% of its total token supply allocated to liquidity, and audits from Coinsult and SolidProof confirming there are no critical issues in its smart contract’s code, BTC Bull Token is fostering a safe trading environment.
BTCBULL’s launch could capitalize on the growing momentum around Bitcoin, as BTC’s chances of being adopted as a US national reserve asset are increasing.
Proposed by Senator Cynthia Lummis, who called Bitcoin “digital gold,” the Bitcoin Act would see the US purchase approximately 200,000 BTC yearly – with the end goal of stockpiling a million bitcoins over five years.
Since February 11th, 2024, gold has grown by 45.15%, while Bitcoin has seen its price increase by 104.93% over the same period. Besides the US government, numerous central banks are showing interest in Bitcoin, with the Czech central bank considering a Bitcoin reserve.
As interest in Bitcoin grows, it could see a jump to the $250,000 level sooner than expected, which represents great news for Bitcoin holders and early investors in BTCBULL.
However, investors don’t have to wait for BTC to reach $250,000 to earn additional BTCBULL, as the project offers a dynamic 585% staking APY.
Over 179 million BTCBULL have already been staked, reflecting the community’s confidence in its long-term performance.
The BTC Bull Token ICO follows a dynamic pricing model, meaning its per-token price will increase whenever it reaches its next funding goal or enough time passes. In a similar way, its staking APY will decrease as more tokens are staked, ensuring better rewards for early backers.
As Bitcoin (and crypto as a whole) enjoys increasing attention in today’s digital age dominated by technological advancements, BTCBULL is joining the market at an opportune time.
Bitcoin has already been widely adopted as a payment method, thanks to the development of Layer 2 solutions such as the Lightning Network – and its future developments could positively impact BTCBULL’s price.
Additionally, BTC Bull Token’s endorsement from Best Wallet could help it replicate the massive success of Pepe Unchained (PEPU), Catslap (SLAP), and Wall Street Pepe (WEPE), which were also available to the wallet’s 500,000+ users via the Upcoming Tokens feature.
PEPU and SLAP soared by over 700% and 5,500% in the first 48 hours after their exchange launches, and WEPE is preparing to join the market with over $70 million raised through its own ICO.
Investors can stay updated on the BTC Bull Token project by joining its community, which already has over 1,400 members across X (Twitter) and Telegram.
BTC Bull Token’s early presale success is paving the way for an explosive launch – so it’ll be important to research this project quickly, and secure the best possible entry.
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