Bitcoin Minetrix ($BTCMTX) has entered the trending list this week too, crossing $5.6M in its presale.
The project has been garnering widespread attention for its unique stake-to-mine platform that brings mining rewards to retail investors in an easy, straightforward manner. As the native token, the organic demand for $BTCMTX is driven by the staking utility it plays in the ecosystem.
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Why Bitcoin Minetrix Presale Shouldn’t Be Missed this Week
The traffic to the $BTCMTX presale has been on the rise over the last two weeks. Investors are rushing to stock up on the token, which is predicted across top crypto publications to be one of the best performers of 2024. Crypto analysts have also expressed optimism in the project, owing to its unique use case that has high market relevance in the passive income niche.
Once the token hits exchanges, the price will be determined by the market. Of course, the presale offers the token at heavily discounted prices. And the presale price increases with each new stage. But that is not a good enough reason to add any token to an investment portfolio.
So, listed below are three fundamental reasons why it is best not to wait to buy Bitcoin Minetrix.
1. Stake-to-Mine Has High Market Relevance
As mentioned above, Bitcoin Minetrix is a cloud mining project that simplifies Bitcoin mining for the masses. It stands apart from its predecessors primarily with a simplified stake-to-mine dashboard that makes mining as simple as possible for retail investors.
By just staking $BTCMTX tokens in the stake-to-mine dashboard, investors can earn non-transferable ERC20 mining credits, which can be burnt to redeem BTC mining rewards.
Although most cloud mining platforms are advertised to lower the entry barrier to bitcoin mining, that is far from the reality. They are not as complex as bitcoin mining. But still, they are not as easy as they are made out to be.
Initial hardware investment, complicated procedures, and contractual obligations are common features of conventional cloud mining platforms. The space is also known for a wide range of scams and fraudulent schemes.
The simple staking model put forward by Bitcoin Minetrix, on the other hand, dismantles these barriers. The approach opens up the project to a wide range of investors who are looking for a truly passive source of side income.
Till the stake-to-mine dashboard is launched (after the token launch), investors will earn staking rewards instead of mining credits. They are paid in $BTCMTX tokens, and the staking reward pool is designed to favor early participants. At the time of this writing, the staking APY stands at 108%.
2. Both Speculative and Intrinsic Value
To call Bitcoin Minetrix a purely utility-focused project would be an oversight. As anyone would notice from the name, the token taps into the brand label of Bitcoin. Although $BTCMTX has no official affiliation with Bitcoin, that doesn’t stop it from capitalizing on the engagement and euphoria around the world’s largest cryptocurrency.
The optimism surrounding the approval of Bitcoin Spot ETFs and the Bitcoin halving event have all catered to the price surge of BTC. $BTCMTX taps into the rising price of BTC organically through its reward system. But the speculative potential is also interesting.
That said, Bitcoin Minetrix has all its fundamentals strong. The ambitious roadmap on the website has laid out a long-term vision for the project.
Soon after the presale, the team will focus on securing tier-1 exchange listings for the token, ramp up marketing campaigns across different channels, and develop the stake-to-mine desktop/mobile apps. Partnerships with established cloud mining providers will also be central to the project’s successful implementation.
<blockquote class=”twitter-tweet”><p lang=”en” dir=”ltr”>Identifying the uniqueness of <a href=”https://twitter.com/hashtag/BitcoinMinetrix?src=hash&ref_src=twsrc%5Etfw”>#BitcoinMinetrix</a>! 🪙<br><br>1️⃣ ERC-20 <a href=”https://twitter.com/hashtag/Tokens?src=hash&ref_src=twsrc%5Etfw”>#Tokens</a> replace conventional currencies.<br>2️⃣ Complete authority and oversight.<br>3️⃣ Secure, decentralized allocations via <a href=”https://twitter.com/hashtag/Ethereum?src=hash&ref_src=twsrc%5Etfw”>#Ethereum</a> smart contracts.<br><br>Witnessing an unparalleled cloud mining journey! ⛏️ <a href=”https://t.co/jDTCizv8Ot”>pic.twitter.com/jDTCizv8Ot</a></p>— Bitcoinminetrix (@bitcoinminetrix) <a href=”https://twitter.com/bitcoinminetrix/status/1737156109981397227?ref_src=twsrc%5Etfw”>December 19, 2023</a></blockquote> <script async src=”https://platform.twitter.com/widgets.js” charset=”utf-8″></script>
3. Strong Security & Credibility Factors
Bitcoin Minetrix has made sure to take care of key aspects of security and credibility right from the presale stage, as part of winning the confidence of early investors. The project has completed a security audit by Coinsult, which is published on the website.
The presale process is also secure and straightforward. Anyone can join the presale with MetaMask, Wallet Connect, or Best Wallet. The presale supports purchases in ETH, USDT, and cards. Once the purchase is completed, investors can stake the token for attractive APYs. The earlier you join the presale, the higher the staking APY. Don’t forget to join the Bitcoin Minetrix $30,000 Minedrop.
Join Early to Secure the Best Entry Point
Bitcoin Minetrix is one of the most promising tokens to enter the market this year. The project has all the fundamentals to make its way toward the top-100 crypto list.
According to analysts, $BTCMTX has the potential to climb anywhere from 10X to 100X next year. Waiting until the exchange listing would come at a hefty price tag, as a result.
The ongoing presale presents the lowest entry point to the investment opportunity.
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