With the crypto market in full swing, many investors are searching for under-the-radar projects with solid prospects.
According to analysts, one such project could be Bitcoin Minetrix (BTCMTX), an innovative new Stake-to-Mine platform that allows users to earn BTC rewards simply by staking tokens.
Bitcoin Minetrix’s presale has been generating sizable traction – and recently surpassed the $3.1 million mark.
BTCMTX Garners Widespread Analyst Hype as High Potential Crypto
With Bitcoin Minetrix generating headlines, analysts have had their say on the project’s prospects.
According to popular YouTube personality No Bs Crypto, BTCMTX is one of his “top 3 crypto ICOs” launching soon.
No Bs Crypto described BTCMTX as having high potential due to its built-in passive income features.
Fellow analyst Jacob Bury struck a similarly optimistic tone, stating that Bitcoin Minetrix is a high potential crypto.
Bury also noted that BTCMTX could be a viable “BTC alternative,” given that it enables everyday crypto enthusiasts to earn mining rewards without the expensive hardware required for Bitcoin mining.
With analysts across the board touting its potential, Bitcoin Minetrix appears poised to make its mark in the crypto world.
Presale Sees Surge in Interest Thanks to Passive Income Potential and Upcoming Halving
With over $3.1 million raised and presale tokens selling out quickly, it’s clear that Bitcoin Minetrix is generating substantial hype – but why is this?
Much of the excitement stems from BTCMTX’s potential to deliver effortless passive income.
At the current staking rates, BTCMTX holders can earn 183% APY simply by staking their tokens.
This mechanism was referenced in a recent video by YouTuber VoskCoin, who boasts an audience of over 612,000 subscribers.
The upcoming Bitcoin halving is another reason Bitcoin Minetrix is seeing a surge in interest.
In April 2024, Bitcoin’s mining rewards will be cut in half, making BTC scarcer and potentially helping drive up the coin’s value.
Bitcoin Minetrix helps users benefit from potentially increased BTC prices through its tokenized mining concept.
YouTube analyst Satoshi Stacker reviewed this stake-to-mine setup in a video posted on his channel, highlighting how it complements the high-yield staking protocol – thereby allowing BTCMTX holders to generate two income streams.
With Bitcoin’s future looking more promising and passive income opportunities dwindling across crypto projects, Bitcoin Minetrix seems well-positioned to offer investors a way to capitalize on both.
Bitcoin Minetrix Presale Offers Limited-Time Chance to Buy Before CEX Listings
Given the growing buzz around Bitcoin Minetrix, many investors are eager to get their hands on BTCMTX tokens.
The only way to purchase them is through the project’s ongoing presale phase, which launched at the end of September.
Presale prices are set at $0.0114 but increase by around 10% each week until the funding goal has been met or the allocation has sold out.
Once the presale wraps up, the next major milestone for Bitcoin Minetrix’s developers will be exchange listings.
As outlined in the project’s white paper, the developers intend to launch BTCMTX on an array of well-known centralized exchanges – although no specifics have yet been revealed.
Once listed on exchanges, BTCMTX will be publicly tradable by crypto investors worldwide.
With Coinsult having comprehensively audited Bitcoin Minetrix, investors also have confidence that the project’s staking and mining systems are secure and functioning as intended.
Overall, the signs look promising for BTCMTX.
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Source: https://beincrypto.com/analysts-forecast-potential-gains-new-crypto-project/