A new Bitcoin-themed meme coin called BTC Bull Token ($BTCBULL) is closing in on the $5 million raised mark in its token presale, and analysts believe it holds huge growth potential.
But what makes this project stand out is that it’s not just paying homage to Bitcoin; it’s giving away Bitcoin for free.
The project will airdrop $BTC and $BTCBULL tokens to holders at key milestones on Bitcoin’s journey to $1 million. It also incorporates staking and burning mechanisms, which provide additional perks for token holders.
Bitcoin has been the best-performing asset since launching in 2009, providing a 230% average annual return. However, BTC Bull Token is the first cryptocurrency that will pay people real Bitcoin for simply holding.
Currently, investors can buy $BTCBULL at its presale price of $0.002465, but this will rise throughout the ICO. The next increase will occur in one day.
$BTCBULL could make holders rich as Bitcoin rallies
Picture this: Bitcoin has just hit $150K, and altcoin prices are booming.
At Bitcoin’s peak of $109K, the altcoin market was worth $1.5 trillion.
So, as Bitcoin veers to $150K, there’s potential for huge capital inflows to the altcoin market.
Many traders will generate life-changing returns, and millions of new investors will be drawn to the crypto space. And amidst all the excitement, BTC Bull Token will be uniquely positioned with both ties to Bitcoin and the explosive potential of a viral altcoin.
The project will airdrop its holders free $BTC and $BTCBULL at the $100K, $150K, $200K, $250K milestones, and so on. This will incentivize people to hold long-term, which minimizes selling pressure and allows new bull market demand to better impact the price.
As a result, analysts think that $BTCBULL is set for huge gains. For instance, Umar Khan from 99Bitcoins says the price could rally 100x higher after listing on exchanges.
BTC Bull Token staking and burning mechanisms
In addition to airdrops and price appreciation, investors can also benefit from the BTC Bull Token staking mechanism. This feature is live amidst the presale and currently offering an 87% APY, but this will decrease as the staking pool grows.
As well as offering another earning stream, staking will further incentivize long-term holding.
The project also aims to increase its long-term potential through token burns. A portion of the total $BTCBULL supply will be burned at key Bitcoin milestones, starting at $125K and then every $50K increase after that. This increases token scarcity and, by extension, token value.
Despite Bitcoin’s reputation as the best-performing asset since its 2009 inception, investors who generated the biggest profits were those who bought in its early days.
From its current price, most Bitcoin investors are hoping for 2x returns or less this cycle. While that’s substantial in traditional financial markets, crypto investors often seek bigger returns.
BTC Bull Token offers the best of both worlds. It grants its community free exposure to Bitcoin, while its low market cap and reward mechanisms leave plenty of room for gains.
And with a meme coin allure, BTC Bull Token has real potential to attract a wide spectrum of investors. Everyone from long-term Bitcoin HODLers seeking to compound their gains to meme coin degens will be interested.
How to buy $BTCBULL at presale
The BTC Bull Token presale allows investors to buy in from the ground floor. Given the project’s unique use case and early momentum, there’s every chance that presale investors generate big gains.
However, with price hikes occurring throughout the ICO, potential investors should not wait around to get involved.
Simply visit the BTC Bull Token website, connect your crypto wallet, and choose the amount of tokens you want to buy and the crypto you want to pay with.
You can also stay updated with the project’s latest news and developments by following the BTC Bull Token X or joining its Telegram channel.
Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.
Editor-in-Chief of CoinCentral and founder of Kooc Media, A UK-Based Online Media Company. Believer in Open-Source Software, Blockchain Technology & a Free and Fair Internet for all. His writing has been quoted by Nasdaq, Dow Jones, Investopedia, The New Yorker, Forbes, Techcrunch & More. Contact Oliver@coincentral.com
