BTC Plus Price Prediction: BTC+ Gears Up for $2 Amid Fork Interest

Bitcoin Plus is bullish today after posting an 11% gain in the last 24 hours. At the time of writing, XBC was trading at $1.83.

Trading volumes have also shot up by 257%, indicating growing interest from traders. If the buying pressure is sustained, XBC will likely shoot to $2.

XBC’s gains are commendable as the rest of the crypto market is still consolidating at low levels.

Crypto traders seek tokens to generate quick returns, and XBC’s recent rally will generate interest. However, such tokens are highly volatile and speculative, and the gains might not be sustained in the long term.

Bitcoin Plus Gears Up For $2

In the last 24 hours, XBC has rallied from $1.56 past $2, but the uptrend was rejected at $2.03.

Despite the growing buyer support, XBC remains a low-ranking crypto, with trading volumes of $471k. Its market cap has increased by 11% to around $390,000.

XBC has a circulating supply of 214,115 coins compared to the maximum supply of 1 billion tokens. This supply ratio raises the chances of long-term price dips.

XBC’s price chart shows intense volatility in the last 24 hours.

Any attempts at an uptrend are quickly being hampered by selling pressure that drops XBC to higher lows.

XBC has created support at $1.64, a level that garnered interest from buyers. The 24-hour high of $2.03 was swiftly rejected as profit-takers closed their trades.

If traders accumulate expecting more gains, XBC might gear up for levels past $2. Weakened buying support will trigger a massive decline to $1.56.

While XBC’s price movement is highly speculative, it is still trending on charts and ranked among the top 10 most-voted PoS ranking projects.

TOP10 Most Voted #PoS Ranking Projects – Week 35 🏆

🥇 $EGC @evergreencoin_
🥈 $XBC @BitcoinPlusOrg
🥉 $RAT @RatcoinR
4️⃣ $PLSR @PulsarCoin
5️⃣ $RIA @aRIACurrency
6️⃣ $TRC @Terracoin_TRC
7️⃣ $PRCY @prcycoin
8️⃣ $XLN @LunariumCoin
9️⃣ $VAL @ValidityTech
🔟 $BLK @BlackcoinOrg pic.twitter.com/h0kRiJEkJu

— CoinMarketLeague.com (@CML_Crypto) September 5, 2023

The Bitcoin halving event is slated for April 2024, and some tokens, such as XBC, might rally for having Bitcoin in their name. XBC is a token to watch out for in the coming months.

BitcoinBSC Presale Launches At Low 2011 Bitcoin Price Of $0.99

The Bitcoin BSC presale has launched. The project seeks to build upon the technology of the original Bitcoin network. Its tokenomics are similar to Bitcoin’s, with a total supply of 21 million tokens.

Welcome to #BitcoinBSC!🪙

The green BEP-20 version of #Bitcoin on BNB Smart Chain, taking you back to Bitcoin's 2011 roots!

Stake $BTCBSC and earn rewards.

Don't miss it – join the #Presale today!🚀
https://t.co/oM0YP8IlbV pic.twitter.com/vJjLltzQQG

— Bitcoinbsc (@Bitcoinbsctoken) September 5, 2023

However, BTCBSC has differentiated itself from Bitcoin through its proof-of-stake consensus and integration with BSC. The PoS mechanism allows it to charge lower transaction fees and have faster confirmation times than Bitcoin.

By integrating BSC, BTCBSC can support smart contracts and unlock a staking rewards system. The functionality will distribute 69% of the total BTCBSC token supply to participants over 120 years.

According to the whitepaper, the BTCBSC staking rewards system will allow holders to earn an 8%-10% APY. Staking will also discourage dumping by incentivizing long-term holders.

BTCBSC has launched its public presale, where 29% of the total token supply will be sold. The tokens are priced at $0.99, equivalent to Bitcoin’s price in 2011.

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