Flow's Gaming and NFT Ecosystem Pushes it Up 12%, But Have You Checked Out Bitcoin Minetrix's Presale?

Flow’s Gaming and NFT Ecosystem Pushes it Up 12%, But Have You Checked Out Bitcoin Minetrix’s Presale?

Updated: 24 October 2023

Disclosure

Don’t invest unless prepared to lose all the money you invest. This is a high-risk investment, you shouldn’t expect to be protected if something goes wrong.

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The Flow token, with its gaming and NFT ecosystem, has triggered a 12% price increase, offering investors a means to recover losses sustained during the bear market.

FLOW, with a market capitalization of approximately $507 million, is currently trading at $0.503226, representing an 11.3% increase in the past 24 hours as of 5:45 a.m. EST.

Will FLOW Maintain the Bullish Momentum?

Flow Price Chart — FLOWUSD Price Chart by Tradingview.com

The FLOW token rebounds from its recent downtrend, establishing a robust support level at $0.421. This support has enabled hopeful investors to recoup their previous losses. Even though there was a short consolidation phase within this support range, the bulls are exhibiting remarkable strength and pushing the price up to $0.517.

The positioning of the 50-day Simple Moving Averages below the current price reinforces the sentiment. However, the 200-day simple moving average might pose a potential resistance point, empowering the bears to drive the market down in pursuit of a correction.

Furthermore, the Relative Strength Index (RSI) has witnessed a resurgence, rising from 41, below the 50-level mark, to the overbought territory at 71. This signifies major buying pressure on the price of FLOW, which has experienced a 20.86% surge, fluctuating between $0.421 and $0.517.

The general trend remains optimistic, as evidenced by the convergence of the 50 simple moving averages and the RSI. This helpful configuration incentivizes the bulls to set their sights on a fresh high of $0.61 and $0.82, respectively.

But, if the bulls experience a setback, they might drive the price down to the $0.42 support zone.

Have you ever thought you could earn mining credits by staking tokens? Well, Bitcoin Minetrix presents an opportunity that offers an appealing alternative. The token has reached an impressive milestone, drawing in many investors.

BTCMTX Presale at Stage 3: Price Now $0.0112—Buy Now!

You can use the BTCMTX presale opportunity, which has four days left. In stage 3 of its presale phase, the token has amassed over $2 million in funding to reach $2,171,990.73.

#BitcoinMinetrix is now in Stage 3! 🔥 pic.twitter.com/Od4Syqx7EA

— Bitcoinminetrix (@bitcoinminetrix) October 23, 2023

BTCMTX, a Bitcoin cloud mining platform, is gaining significant attention through its ongoing presale.

The project has set a firm $15 million hard cap, and participants in the presale can secure up to 77.5% of the total token supply.

BTCMTX tokens are going for $0.0112 per token. We expect the token value to rise as the presale advances toward its $3.1 million soft cap target.

Last Call, Join BTCMTX Presale, Stake, Earn Rewards

By staking your BTCMTX tokens, you’ll gradually accumulate mining credits to boost your Bitcoin cloud mining capabilities significantly.

A decentralised $BTC mining journey with #BitcoinMinetrix.

Revolutionising cloud mining with enhanced security and transparency.

Simplifying the process like never before. ✅ pic.twitter.com/nXCsZJUQ9q

— Bitcoinminetrix (@bitcoinminetrix) October 23, 2023

You can earn mining credits by staking these tokens to enhance your Bitcoin cloud mining endeavors. The more credits you use, the greater your potential BTC earnings from cloud mining.

42.5% goes to financing Bitcoin mining activities. An additional 35% will launch the Bitcoin Minetrix platform, support token promotion, establish a cloud mining facility, or secure a long-term lease for such a facility.

Active community members will receive 15% of the tokens as rewards. The remaining 8% of tokens are set aside for BTCMTX staking rewards, which will be available once the Bitcoin Minetrix cloud mining platform is fully operational.

Michael Wrubel, a well-known YouTuber with an extensive following of 310k subscribers, offers valuable guidance on participating in the BTCMTX presale and maximizing the advantages of staking.

To take advantage of this investment opportunity, you can buy BTCMTX tokens using ETH, USDT, BNB, or a bank card. You can also link your wallet to the BTCMTX website and use the presale widget. Ensure you have enough ETH or BNB to cover any associated gas fees.