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Cryptocurrency News Articles
Bitnance (BTN): The New Alternative to Bitcoin for the BNB-Chain Is Surging in Popularity
Aug 28, 2024 at 07:48 pm
The initial coin offering of the $BTN token took flight, seeing daily increase in sales with a record one day high being slightly under 3100 tokens.
The initial coin offering of the $BTN token took flight last week, seeing daily increase in sales with a record one day high being slightly under 3100 tokens.
However, things took an explosive twist on Tuesday as the Bitnance Token presale lept from 65,000 tokens pre-sold to now near 75,000.
The one day all-time high for BTN presales is now over double that of before, with just under 6750 tokens sold [ verified via presale transaction addresses: 1, 2].
Most of this is coming from bigger buyers with heavier funds, than ‘crypto shrimps and plankton’.
The continued uptrend in interests, continues the strong indications of a very profitable crypto exchange listing.
Bitnance is currently selling for $0.357 per token in this presale phrase, but will increase in value by +30% in presale buyers’ portfolios when it lists on crypto exchanges December 5th.
The $BTN [bep-20] will list on its first exchange at the price of $0.456.
Immediate ROI for investors Once Listed on a Crypto Exchange
In layman’s terms, a $357 investment today will turn into $456 minimum, once the ceiling is reached in this presale.
However, CEX listing could also come early if the token presale sells out early.
If the complete 5.5-million $BTN of the allocated presale token supply are acquired by investors [at any moment]the ICO will close out immediately and the CEX listing process will take place within 2 to 3 weeks.
Why is Bitnance (BTN) seen as a good crypto investment?
The main buyers of the presale appear to be coming from already successful crypto traders that are hodling Tron (TRX), Tether (USDT), Ethereum (ETH), Shiba Inu (SHIB), or Kaspa (KAS) coin.
Per a recent report, with a link to the TXhash verification, the top buyer of the presale is an ETH whale who’s held nearly one-million-dollars worth of crypto in his wallet address.
There’s a simple reason why crypto investors are turning to this token presale: Every wise investor will need the utility of Bitnance who’s on the BNB-chain.
The BTN token will be launched as an alternative to Bitcoin for Binance blockchain’s massive ecosystem of users.
This could be a crypto token useful to over 183,000,000 crypto traders across the world and especially for Non-US investors with heavy pockets.
Bitnance (BTN) will be a store-of-value token like Bitcoin (BTC), but based on a better layer-1 blockchain and buy-sell transactions are projected to cost -80% less on average.
The crypto whale who wants a digital SOV asset can save $80 of their $100 transaction tax costs, caused by trading on the Bitcoin-Blockchain.
Bitnance Better than Bitcoin
And this new token on the BNB-chain has other edges on the BTC as well.
Just as Bitcoin gains its massive value from being a scarce crypto-coin with a total supply of 21,000,000 [million]to ever be minted.
Relative to the crypto user base demand, its value grows as the number of people using cryptocurrencies grows.
How Many People Use Crypto as of September 2024?
As of today, August 27th, slightly over an estimated 560,000,000 [million]people use Crypto.
While some may think this number is massive, it’s not in relation to the total population of the world.
There are 7,951,000,000 [billion]people alive and registered here on earth in 2024.
In reality, the cryptocurrency user base has a long way to grow.
The other 5.930-billion people alive may eventually need to use digital currency and store-of-value assets like Bitcoin and Bitnance will gain value due to their extremely low supplies.
BNB-Chain based Store-of-Value Token Will Be More Scarce than BTC
Currently, Bitcoin has the edge as it was founded in 2011, the first cryptocurrency ever.
However, that ‘first step’ came with a lot of flaws that can’t be fixed. There was no experience for its developer to draw from and it’s a vulnerability of Bitcoin that all crypto-specialists are aware of.
Second, in terms of actual overall ecosystems, the BNB-chain that Bitnance will be using as its layer-1 technology, has more reach.
How big is the Binance ecosystem?
Binance crypto exchange is the largest in the
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