{"id":423258,"date":"2023-07-26T19:32:30","date_gmt":"2023-07-26T19:32:30","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=423258"},"modified":"2023-07-26T19:38:01","modified_gmt":"2023-07-26T19:38:01","slug":"fastest-growing-crypto-presale-hits-soft-cap-new-bitcoin-project-set-to-launch","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/fastest-growing-crypto-presale-hits-soft-cap-new-bitcoin-project-set-to-launch","title":{"rendered":"Fastest Growing Crypto Presale Hits Soft Cap, ‘New Bitcoin’ Project Set to Launch"},"content":{"rendered":"

One of the fastest growing cryptocurrency projects, the ‘new Bitcoin’ project BTC20<\/a> 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.<\/p>\n

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.<\/p>\n

BTC20 Crypto Presale – The Next Bitcoin<\/h2>\n

BTC20 was created in the form of an ERC-20 token<\/a>. 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.<\/p>\n

The BTC20<\/a> 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.<\/p>\n

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.<\/p>\n