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Cryptocurrency News Articles
XRP and ADA Can't Keep Up? This $0.0023 Altcoin Raises $500k Within Hours, Might Be the Best Bet!
Feb 11, 2025 at 05:30 pm
XRP and ADA holders really can't complain this bull run as both of these large-cap tokens had their runs in late 2024.
Covered: XRP, ADA, BTCBULL, BTCBULL presale, BTCBULL token, BTCBULL price, BTCBULL price prediction, BTCBULL tokenomics, meme tokens, DeFi tokens, presale tokens, crypto presale, crypto presales, crypto presale token, new crypto presale, upcoming crypto presale, best crypto presale, top crypto presale, promising crypto presale, crypto presale tips, how to participate in crypto presale, crypto presale guide.
XRP and Cardano (ADA) had impressive price runs in late 2024, rallying by over 500% and 200%, respectively. However, both tokens are currently trading way below their bull run peaks.
Meanwhile, a new altcoin, BTC Bull Token (BTCBULL), had a successful presale launch, raising over $500,000 within hours. The token is priced at just $0.0023 and aims to capitalize on Bitcoin’s price action, offering rewards to token holders.
XRP, ADA Price Action Disappoints Some Traders
Despite XRP and ADA’s significant gains in 2024, some traders are disappointed as both tokens rallied from relatively low price points. XRP began the year trading at around $0.5, while ADA was trading at around $0.3.
Both tokens surged to new yearly highs in late 2024, with XRP rallying to a high of $3.3 and ADA rallying to a high of $1.05. However, both tokens faced selling pressure as they approached their key resistance levels.
XRP and ADA’s failure to continue rallying higher sparked a correction in the broader market, leading to a decline in total crypto market capitalization. Both XRP and ADA are currently trading at around 60% below their bull run peaks.
XRP is trading at around $1.35, while ADA is trading at around $0.43 at the time of writing. Both tokens are up by over 100% year-to-date, outperforming Bitcoin and Ethereum, which are both up by around 50%.
New Altcoin Raises $500k in Presale
We decided to take a look at a new altcoin that just launched its presale a few hours ago and raised over $500,000 already – BTC Bull Token, priced at just $0.002355.
BTC Bull Token (BTCBULL) is a new ERC-20 token launching on the Ethereum network. The project kicked off its presale on February 10, 2025, with an initial token price of $0.00235. With a hard cap set at $25.69 million, the project aims to capitalize on Bitcoin’s growth trajectory while offering accessibility to investors who might find Bitcoin’s current price point challenging.
Considering some crypto presales such as Wall Street Pepe or Pepe Unchained raised over $70 million, BTCBULL’s hard cap doesn’t seem so ambitious. We could be very early for this one as presale just launched.
The bull is unleashed. ?$BTCBULL is live. No brakes, no limits.
Join the herd: https://t.co/N1kqrY0bow pic.twitter.com/0HiOGFLdxF
Unlike many new tokens that launch on smaller networks, BTC Bull chose to build on Ethereum’s established infrastructure. The project utilizes the ERC-20 standard, making it compatible with popular wallets and major decentralized exchanges. The presale structure appears straightforward, with Stage 1 pricing set at $0.00235 per token.
The token’s launch on Ethereum rather than as a BRC-20 token on Bitcoin’s network means easier access through common crypto wallets and potentially smoother trading once listed on exchanges.
Visit $BTCBULL Presale Today
BTC Bull Token Connects Bitcoin, Meme Culture
What makes BTC Bull different from typical meme tokens is its connection to Bitcoin’s price action. The project has implemented several reward mechanisms for token holders. As Bitcoin hits specific price milestones, BTCBULL holders can receive BTC airdrops, with a major token airdrop planned when Bitcoin reaches $250,000.
The token also features a burn mechanism tied to Bitcoin’s price movement. For every $50,000 increase in Bitcoin’s price, a portion of BTCBULL tokens will be burned, potentially creating scarcity in the token supply. Additionally, the project offers staking opportunities, with rewards planned to continue for two years after launch.
One interesting aspect of BTC Bull is its approach to combining meme culture with Bitcoin markets. While many meme tokens lack substantial utility, BTCBULL aims to tap into both the Bitcoin purist community and the meme token market –
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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- Rollblock ($RBLK) and Mantra ($OM) are two phenomenal Web3 projects showing massive potential this year.
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- Tether Selects Arbitrum to Be the Infrastructure Provider for Its New Crosschain Stablecoin USDt0
- Feb 11, 2025 at 11:41 pm
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- Ethereum (ETH) Primed for a Bull Run as it Eyes a Move to $4000
- Feb 11, 2025 at 11:21 pm
- Ethereum‘s bullish expectations in the ongoing cycle continue to be delayed due to heightened volatility across the general crypto market. Despite its struggles to initiate a major price rally, many crypto experts remain optimistic about an upsurge, pointing to key support levels that could spark a rebound for ETH.