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Bitcoin BSC is a new presale Bitcoin alternative that has pumped past $2 million in just over one week. Meanwhile, Bitcoin has begun recovering its recent losses, climbing 3.6% this week.
While it is still down 9.39% in the past month, the Bitcoin price has recently broken the $26.5K resistance level and is trading at $26.6. However, it remains to be seen if the bullish momentum will continue or if Bitcoin is destined for new lows.
The main factor causing the recent pump is a report from Bloomberg Analyst Jamie Coutts, which found more than 50% of Bitcoin mining is now carried out using “green” (renewable) energy. This has generated speculation that Tesla may begin accepting Bitcoin again, which would likely cause BTC’s price to explode.
“Bitcoin on Binance” is a More Sustainable Bitcoin Alternative
While Bitcoin’s price may have climbed due to the new findings of improvements in its sustainability, Bitcoin BSC has already solved this matter by being built on the more sustainable Binance Smart Chain and leveraging Stake-to-Earn rather than mining.
Bitcoin BSC’s staking mechanism uses significantly less energy than mining, making the project a hit with eco-conscious investors. Furthermore, this opens the door to potential institutional and enterprise adoption by companies looking for a greener Bitcoin alternative.
The project features the same scarcity-focused tokenomics as Bitcoin, with a 21 million capped supply and 6.125 million (29%) tokens available at presale. A further 69% is allocated to staking rewards, and the last 2% to exchange liquidity.
Besides being more sustainable, being on the Binance Smart Chain makes Bitcoin BSC more accessible for beginner users. This is because it can be managed from Ethereum Virtual Machine (EVM)-compatible wallets like MetaMask and Trust Wallet.
Another advantage to being on BSC is that transaction fees are less than $0.1 and are significantly faster, taking seconds to complete. Furthermore, Bitcoin BSC can be integrated with BSC dApps, providing lots of utility potential. Stay updated by joining the Bitcoin BSC Telegram.
Bitcoin for $0.99 and 260% APY Staking
Despite holding numerous advantages over the original Bitcoin, one of the main reasons for Bitcoin BSC’s massive presale success is its low price.
As mentioned, Bitcoin BSC features the same capped supply as Bitcoin at just 21 million but is priced at just $0.99. This creates an advantageous dynamic of limited supply but potentially massive demand, bolstering its price potential.
The current Bitcoin price is over 26,000 times higher than the Bitcoin BSC presale price. Considering this and its advantages, Bitcoin BSC looks poised for a bright future.
However, if that is not enough, investors can compound their Bitcoin BSC and earn passive rewards thanks to the Bitcoin BSC staking mechanism. According to the bitcoinbsc.io website, investors can currently earn an impressive 260% APY. Furthermore, there is no need to wait since you can begin staking and earning while the presale is ongoing.
Analysts Predict 10x Gains for Bitcoin BSC
Several prominent crypto analysts have shared bullish price predictions for Bitcoin BSC. YouTuber Jacob Bury recently called the project a 10x potential crypto presale. He highlighted its simple yet lucrative Stake-to-Earn mechanism as a main advantage. If Bury’s prediction is correct, this would equate to a Bitcoin BSC price of $9.99.
Meanwhile, Joe Parys Crypto labeled Bitcoin BSC as one of the top five Bitcoin alternatives in 2023. Joe Parrys boasts a massively successful YouTube channel with over 380K subscribers, providing significant new exposure for Bitcoin BSC.
CryptoSlate, Cointelegraph, and CoinMarketCap have also recently highlighted the Bitcoin BSC presale in their news coverage. The Coin Republic reviewed the project early here.
Interestingly, other Bitcoin alternatives have boomed lately, with BTC20 pumping 7x following its presale. Bitcoin BSC follows a similar concept to BTC20, except BTC20 launched on the Ethereum blockchain. However, Bitcoin BSC could fare even more popular since it is on BSC, enabling cheaper and faster transactions. Bitcoin Cash has also performed strongly recently, up over 110% since June. With that in mind, the Bitcoin BSC presale will likely sell out quickly. Therefore, investors should act fast to secure their $BTCBSC at just $0.99.
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