Token

Bitcoin

Million

The post <a rel="nofollow" href="https://coinpedia.org/press-release/crypto-traders-think-this-new-token-could-10x-after-raising-3-2-million/">Crypto Traders Think This New Token Could 10X After Raising $3.2 Million</a> appeared first on <a rel="nofollow" href="https://coinpedia.org">Coinpedia Fintech News</a> 
While the crypto market is moving sideways, traders are backing one project to continue pumping, with several analysts predicting it could 10x or more shortly. 
The project is&nbsp;<a href="https://www.google.com/url?q=https://www.google.com/url?q%3Dhttps://coinpedia.care/b_btcmtx_43644?referrer%253Dcrypto-traders-think-this-new-meme-coin-could-10x-after-raising-$1%26amp;sa%3DD%26amp;source%3Deditors%26amp;ust%3D1699120098101403%26amp;usg%3DAOvVaw0Yy9aOCSIVAQeCQWBSBmTg&amp;sa=D&amp;source=docs&amp;ust=1699120098111652&amp;usg=AOvVaw1EQI9tkZR56isqpL9hS82a">Bitcoin Minetrix</a>, a revolutionary Stake-to-Mine platform enabling users to mine Bitcoin by staking $BTCMTX on its Ethereum-based protocol. 
Currently, it is amidst a tremendously successful presale, which could prove massively lucrative, particularly for early investors. 
This is because the $BTCMTX presale will never be cheaper, with its price incrementally rising throughout. You can buy it today for $0.0114. 
Moreover, the platform’s staking mechanism enables presale buyers to begin staking and earning rewards immediately. 
The presale has raised $3.2 million in just over one month, illustrating the market’s bullish sentiment. However, this is even more apparent with numerous high-profile analysts predicting massive upside potential. 
<h2 class="wp-block-heading" id="h.tmkkr9ryw3k">Traders Predict 10X+ Returns for Bitcoin Minetrix</h2> 
Bitcoin Minetrix’s early presale success, combined with its compelling use case, has compelled some of the industry’s top traders to weigh in on where its price is headed. 
Gem-hunting YouTuber&nbsp;<a href="https://www.google.com/url?q=https://www.google.com/url?q%3Dhttps://www.youtube.com/watch?v%253DHOtU4UfV_3Y%26amp;sa%3DD%26amp;source%3Deditors%26amp;ust%3D1699120098102543%26amp;usg%3DAOvVaw3jehwYjh1PjwIHgHKM02_C&amp;sa=D&amp;source=docs&amp;ust=1699120098112305&amp;usg=AOvVaw0qKMvt-EdgYiNdcaQfa-IR">Jacob Bury</a>&nbsp;recently touted Meme Kombat as a “10x potential presale”, highlighting its early success and its one-of-a-kind use case as to why it could pump. 
Meanwhile,&nbsp;<a href="https://www.google.com/url?q=https://www.google.com/url?q%3Dhttps://www.youtube.com/watch?v%253DscN6BVYJlGE%2526pp%253DygUdY3J5cHRvIGdhaW5zIGJpdGNvaW4gbWluZXRyaXg%25253D%26amp;sa%3DD%26amp;source%3Deditors%26amp;ust%3D1699120098102866%26amp;usg%3DAOvVaw2AzsTI8UE7K0BMJkslNVsv&amp;sa=D&amp;source=docs&amp;ust=1699120098112502&amp;usg=AOvVaw33H0rghQEWsow0SZp1oVp_">Crypto Gains</a>&nbsp;is massively bullish on the project, speculating it will “change everything.” The analysis pointed out the value that Bitcoin Minetrix brings to Bitcoin by enabling anyone to start mining effortlessly. 
Yet some traders hold even more bullish predictions. For instance,&nbsp;<a href="https://www.google.com/url?q=https://www.google.com/url?q%3Dhttps://www.youtube.com/watch?v%253DhReGdis7sIc%2526pp%253DygUUMTAwIGJpdGNvaW4gbWluZXRyaXg%25253D%26amp;sa%3DD%26amp;source%3Deditors%26amp;ust%3D1699120098103182%26amp;usg%3DAOvVaw2WseUyG3st6Ct4ZuhboWLD&amp;sa=D&amp;source=docs&amp;ust=1699120098112692&amp;usg=AOvVaw2io4cqn72h7jc3gPF7J4j2">Crypto Boy</a>&nbsp;predicts the project could 100x. If this plays out, a $1,000 presale investment would equate to a life-changing $1,000,000 sum. 
While it remains to be seen how far Bitcoin Minetrix can go, such backing from top analysts undoubtedly hints at a bright future. 
<h2 class="wp-block-heading" id="h.ug8u51ov57dx">What is Bitcoin Minerix?</h2> 
<a href="https://www.google.com/url?q=https://www.google.com/url?q%3Dhttps://coinpedia.care/b_btcmtx_43644?referrer%253Dcrypto-traders-think-this-new-meme-coin-could-10x-after-raising-$1%26amp;sa%3DD%26amp;source%3Deditors%26amp;ust%3D1699120098103688%26amp;usg%3DAOvVaw3x9_BttEXuacXy34UYSqFU&amp;sa=D&amp;source=docs&amp;ust=1699120098112951&amp;usg=AOvVaw2ioD0KJi8RgVM5W9kL8dKh">Bitcoin Minetrix</a>&nbsp;is a Stake-to-Earn cryptocurrency enabling users to mine Bitcoin by staking $BTCMTX on its platform. The process is seamless, and all users need to get started is an Ethereum-compatible wallet like MetaMask. 
Once the user stakes $BTCMTX, they will receive Bitcoin mining credits in return. They can then burn these credits in exchange for cloud-mining power, which translates to free Bitcoin. 
This revolutionary concept breaks barriers to entry of Bitcoin mining, like complexity, hardware requirements, and overhead costs. Instead, Bitcoin Minetrix leverages a cloud mining model to empower anyone to begin mining, regardless of knowledge or financial status. 
The use case also eradicates the risk of cloud mining scams, which have become all too prevalent in the mining industry; it does this through its decentralized and transparent $BTCMTX token. 
Another promising factor is its token economy. Unlike other staking-based cryptos, Bitcoin Minetrix rewards are paid out in credits, not its native token – providing no additional sell pressure on $BTCMTX. This will enable the price to flourish as demand flows in, not suppressed by new supply entering the market. 
According to its website, 42.5% of tokens have been allocated to Bitcoin mining, 35% for marketing, 12.5% for staking rewards and 10% for the community. This blend enhances the project’s long-term growth potential, considering everything from ecosystem expansion to active community participation. 
<h2 class="wp-block-heading" id="h.ntkzl4ewkv71">$30K “Minedrop” is Bolstering Presale Hype&nbsp;</h2> 
The Bitcoin Minetrix team is running an airdrop worth $30K, which will be split between 10 winners. Users get up to seven chances to win by completing easy tasks like following the&nbsp;<a href="https://www.google.com/url?q=https://www.google.com/url?q%3Dhttps://twitter.com/bitcoinminetrix?s%253D21%26amp;sa%3DD%26amp;source%3Deditors%26amp;ust%3D1699120199555211%26amp;usg%3DAOvVaw3nwoUiJonlz0eYKDRoIX9H&amp;sa=D&amp;source=docs&amp;ust=1699120199562871&amp;usg=AOvVaw3DfeH8bgy_FofIJDTTTH1G">Bitcoin Minetrix X</a>&nbsp;account. 
<figure class="wp-block-image is-resized">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/jkZsEKqs1TVRmdKBdwXbEjG7FTNsWpY5-dow500qdeUfcywCcG9ihnt9ZUxNrPe0wreRfgpQImRBrjwHj2L2CgGAUMNCM32Gscv4aAyUzQRT4jf7mu_8fnKYC2p_Jbkx2vbheJ_66T68RMym=s320" alt="" style="aspect-ratio:2.4242424242424243;width: 100%;height:auto" title="">
</figure> 
As well as giving back to the community, this also supercharges the project’s hype by furthering its social presence. 
Yet, its combination of a pioneering use case, compelling tokenomics, and a focus on marketing and its community is leading to an extremely fast presale. As such, those who wish to buy $BTCMTX at the best price must act fast. 
<a href="https://www.google.com/url?q=https://www.google.com/url?q%3Dhttps://coinpedia.care/b_btcmtx_43644?referrer%253Dcrypto-traders-think-this-new-meme-coin-could-10x-after-raising-$1%26amp;sa%3DD%26amp;source%3Deditors%26amp;ust%3D1699120199555759%26amp;usg%3DAOvVaw1Y8vN6ndzjzQLZKnWNEjhC&amp;sa=D&amp;source=docs&amp;ust=1699120199563068&amp;usg=AOvVaw3PgaTePLhW3Lnw3avUFdj6">Visit Bitcoin Minetrix Presale</a>

Crypto Traders Think This New Token Could 10X After Raising $3.2 Million

Table of Contents

CoinPedia News

Other articles published on Nov 4, 2023

Exciting Changes Coming to World of Warcraft in The War Within Expansion

Twitter’s X Program to Sell Inactive User Handles: Here’s What’s Happening

BTC Naik Bukan Karena Ekspektasi Spot Bitcoin ETF

Trader Lays Out Bearish Scenario for Solana if History Repeats, Updates Outlook on Bitcoin and Do...

Fox News Probes Obama’s AI Development Involvement

Ripple’s Chief Legal Eyes SEC Power Limit in Govil Ruling

Join our free newsletter for daily crypto updates!