The [go here to buy] is approaching a significant milestone, with 120,000 tokens sold. This follows a noteworthy 100% increase in buying activity over the past 48 hours. This surge reflects strong support for the project dubbed the “modern Bitcoin” for smarter crypto traders of the BNB Chain.
What is Bitnance adding to the Binance Ecosystem?
Bitnance is distinguished as the first deflationary BEP-20 token within the Binance ecosystem. It aims to complete a trifecta of services offered within Binance’s robust network.
The platform has its own scalable layer-1 blockchain that competes with Ethereum (ETH) and Solana (SOL), alongside hosting the world’s leading cryptocurrency exchange, positioning itself against competitors like Crypto.com and Coinbase. With the introduction of Bitnance, Binance will also have a rival to Bitcoin (BTC) as a deflationary digital currency.
The Bitnance (BTN) token is characterized by its high scarcity, with a total supply capped at 10.5 million tokens. Approximately 40% of this supply is currently available for purchase during the initial coin offering (ICO) at a price of $0.37 per token. This pricing strategy takes into account the economic inflation that has occurred over the past eight years, with similarities to the BNB token offering in 2017.
What makes crypto prices go up?
All tokens from the full supply will enter circulation immediately after the conclusion of the ICO. The value of the BTN token will be influenced by liquidity, available supply, and daily trading volumes. Furthermore, as the popularity of Bitnance increases and traders engage with the token on the market, its value is expected to rise, similar to Bitcoin.
Expectations are high for the BTN token to be listed on a cryptocurrency exchange once the presale allocation is fully sold out. A representative from the Bitnance project has indicated that multiple exchanges are prepared to list the token as soon as the presale concludes.
A notable aspect of the Bitnance token is that there will be no tokens held by the founders. Instead, it will be entirely community-controlled, with 100% of the maximum supply available for trading following the ICO.
Influence of Changpeng Zhao on Bitnance
Initially, the Bitnance project was rooted in the belief that Changpeng Zhao would permanently lead Binance. However, in light of his recent removal from the helm of the ecosystem, the Bitnance developers have pledged to uphold the principles advocated by Zhao, emphasizing decentralization.
A recent statement made by a lead developer on social media highlighted their admiration for Zhao, referring to him as a pioneer in the crypto space driven by innovation and decentralization. The developer implied that the true contributions of Zhao might not be fully recognized yet, but they are pivotal to the narrative of the cryptocurrency industry.
BTN Predictions
Support for the Bitnance (BTN) project continues to grow, with crypto enthusiasts currently having purchased over 112,000 tokens. The momentum building is racing sales totals upwards towards the 125,000 milestone; a number that could be surpassed this week.
This is a bep-20 token presale that could be the best of 2025 according to some analysts. Even an AI research tool suggests the value of the Bitnance token could potentially reach thousands of dollars by the end of 2025, especially if a significant bull cycle occurs.
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