Bitnance Token: A New Digital Store of Value Asset

The Binance Chain is on fire in the 4th quarter of 2024.    The BNB coin has broken the wake-up line and is expected to rise nearly $200 in value

An alternative Bitcoin token on the Binance Smartchain, the Bitnance token is a new digital store of value asset. The simple definition. It will operate on the BSC under the token symbol $BTN.

According to the whitepaper, all cryptocurrency traders will begin seeing this crypto token appear on public crypto exchanges on December 5th of this year.

On public exchanges, it is slated to debut at the price of $0.456 per coin.

Predictions on Presale

Currently, traders are able to buy the token in a presale to own it for 30% less than the public price, a short-term ROI opportunity. Many cryptocurrency investors buy at this point to make a fast ‘flip’ of their money during the initial listing price increase, but they generally also hold some tokens to sponge long-term yields that could be much bigger than the initial 30% gain.

Benefits of Token for Binance Smartchain’s 160M Users

Bitnance is expected to see major growth because it can save any of BSC blockchain’s 160,000,000 users up to 80% on their buy-sell trading fees when looking for a store of value. After this cryptocurrency launches, traders who stay on-chain instead of crossing over to the Bitcoin blockchain for an SOV could see their average trading fee lower from $32 to just $2.

Bitnance also has a lower total token supply than Bitcoin, making it more exclusive and harder to obtain than $BTC, even if it has a smaller user base. This should allow the $BTN token’s value to increase faster than BTN, with equal transactional statistics.

Forecasted 120X Price Increase

One wildcard prediction released at the beginning of the Presale noted that if this crypto-coin presale sold 100,000 tokens, it could also become popular enough to reach a value of $46 within a few years—more than a +12,000% return on investment for today’s investors.

These predictions, however, were based on the coin’s initial price in its presale phase, $0.357. Currently, the token is priced 0.01% or 0.02% higher, as it continues climbing in price every three days by that percentage.