Fastest Growing Crypto Presale Hits Soft Cap, 'New Bitcoin' Project Set to Launch

Fastest Growing Crypto Presale Hits Soft Cap, ‘New Bitcoin’ Project Set to Launch

Updated: 26 July 2023

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One of the fastest growing cryptocurrency projects, the ‘new Bitcoin’ project BTC20 has now passed its soft cap. The BTC20 presale has achieved immense success, offering investors the opportunity to buy tokens at the symbolic price of $1, reminiscent of the early days of Bitcoin.

A lot of people in the cryptocurrency sector are supporting the project, expecting it to surge once it enters the open market in the coming weeks, as the enthusiasm around it remains consistently high.

BTC20 Crypto Presale – The Next Bitcoin

BTC20 was created in the form of an ERC-20 token. BTC20 is a distinctive crypto that is similar to BTC but is based on the Ethereum blockchain utilizing the proof-of-stake algorithm. BTC20 aims to recreate that opportunity by allowing presale investors to purchase tokens at the same price as when Bitcoin was just $1 during its early days.

The BTC20 presale comprises a total quantity of 21 million tokens, mirroring Bitcoin’s supply, with a soft ceiling of $3 million and a hard cap of $6.05 million. Similar to Bitcoin, 71.19% of the total supply of BTC20 tokens will vest over 120 years.

Any unsold tokens will be added to the vested BTC20 tokens, while the remaining 28.81% will be used for the presale. Each BTC20 coin is priced at $1 during the fixed price round of the BTC20 token sale. As of today, July 26th, the BTC20 presale has already raised a substantial $3 million, hitting its soft cap in just 8 days.

This fair launch ensures that all investors have an equal opportunity, reducing selling pressure upon launch. Notably, there were no private sales or VC investments, as the BTC20 cryptocurrency project is designed to offer its community significant upside potential through its presale structure, tokenomics, and ‘stake-to-earn’ features.

Find the full update of the BTC20 crypto presale in the video above follow his YouTube channel for more crypto-related content. Jacob Crypto Bury also runs a Discord channel with 17,000 members, where users can get trading tips and learn about the upcoming crypto presale.

BTC20 Provides Profitable Staking Rewards in an Energy-Efficient Manner

According to the BTC20 whitepaper, once the presale concludes, all unsold tokens, which amount to a minimum of 14.95 million BTC20, will be locked into the staking contract. Token holders can stake their BTC20 to receive recurring rewards, with larger stakes leading to higher payouts.

🚀 Be at the Forefront of Financial Innovation with $BTC20!

Learn how #BTC20 combines the principles of #Bitcoin with cutting-edge staking technology.

Don't miss your opportunity to be part of the future of finance – https://t.co/N56IcYsKHq pic.twitter.com/7JGfSMx9dA

— BTC20 (@BTC20Token) July 26, 2023

This staking model offers a mechanism for investors to generate passive income by holding BTC20 for an extended period. Unlike Bitcoin’s proof-of-work (PoW) process, BTC20 adopts a more sustainable and energy-efficient proof-of-stake (PoS) mechanism. As a result, BTC20 is considered a green crypto initiative, given that PoS protocols are estimated to use less energy compared to PoW protocols.

Why BTC20 is a Good Buy

In the cryptocurrency world, a bull run is often succeeded by a downturn, so it’s crucial to ensure your current crypto investments are profitable enough to sustain you during challenging times without any problems.

When considering this perspective, you may view BTC20 as a potential opportunity to invest in now, rather than BTC, which could potentially decline during bearish seasons. One more reason to consider buying into a crypto presale like BTC20 is the unique advantages it offers compared to Bitcoin.

As mentioned earlier, BTC20 is fully built on the Ethereum blockchain, creating various opportunities for passive income generation, whereas Bitcoin doesn’t provide the same level of opportunities.

Unlike BTC20, which offers recurring rewards, Bitcoin’s potential for significant profits is usually a long-term endeavor, making it more of a one-time investment. Take part in the BTC20 presale at btc20.com.