There is no doubt that every investor’s joy is to see their favorite crypto asset soar in price and provide excellent gains to their portfolios. This is the case with Bitcoin investors and enthusiasts, who are eager to see this dominant crypto rally up in price. However, bearish forces have prevented Bitcoin’s price from surging.
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Dropping by 61% from its 2021 All-Time High of over $68,000, Bitcoin currently trades at around $26,200 on crypto exchanges. While many investors have accumulated at this price point, Bitcoin fails to break a psychological price level of $30,000. This has reduced the enthusiasm of many Bitcoin investors, as they are unsure of Bitcoin’s next direction.
While Bitcoin struggles to attain higher prices in the market, a new alternative has popped up, shocking investors and crypto enthusiasts with its incredible momentum. Dubbed the next Bitcoin alternative, Bitcoin Minetrix has already raised over $1 million in its ongoing and fast-selling presale. This article invites you to consider the investment potential of this new crypto project as a perfect alternative to Bitcoin. Have an insightful read ahead.
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Bitcoin Minetrix: A Groundbreaking Bitcoin Alternative Set To Revolutionize Crypto Mining
Before we consider the investment potential of Bitcoin Minetrix, it is essential to know what this crypto is all about. Bitcoin Minetrix is a novelty platform that aims to provide easy entry to Bitcoin mining by simply staking its native token, BTCMTX. To understand what Bitcoin Minetrix does, let’s briefly explore the process of Bitcoin mining.
Just like literal diamonds, Bitcoin is challenging to mine due to its archaic and energy-intensive Proof-of-Work consensus. To achieve success in mining Bitcoin, users require specialized computers and rigs, which are really expensive.
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However, Bitcoin Minetrix provides a lasting solution that doesn’t require expensive mining rigs. By introducing a groundbreaking Stake-to-Mine process, you acquire and hold BTCMTX tokens. Staking them for some time allows you to earn mining credits, which you cannot sell or buy for cash. These mining credits, once accumulated, are converted to BTC mining power. Thus, you’ll have a share of BTC rewards when a new transaction block is created.
Bitcoin Minetrix is entirely decentralized, allowing users to stake and unstake their BTCMTX tokens from its ecosystem at any time. Also, you have full ownership of your mining credits and BTC rewards. This revolutionary platform provides a low barrier to entry while keeping the environment free from pollution.
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Bitcoin Minetrix Shines in its Tokenomics Allocation
Bitcoin Minetrix craftily integrates staking and mining into its ecosystem, which has made many investors inquisitive about its tokenomics. Just like every potential successful crypto out there, Bitcoin Minetrix is powered by its native ERC-20 token, BTCMTX. There is a maximum supply of 4 billion BTCMTX tokens available, eliminating the risk of hyperinflation in the long term.
Its allocation is incredible, as about 42.5% is for funding Bitcoin mining operations. Another 35% is allocated to marketing efforts, 15% is allocated to community rewards, and the remaining 7.5% to staking rewards. Indeed, this allocation proves that Bitcoin Minetrix is a community-centric project.
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Bitcoin Minetrix presale event is in Full Swing, Raising Nearly $1 Million
To further add more buzz to its excellent utilities and tokenomics, Bitcoin Minetrix is offering its tokens at the lowest price possible before eventual market listings. The platform splits its presale event into 20 different stages, starting at an initial price of $0.011.
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The 20th presale stage will see BTCMTX’s price raised to $0.0129, thus providing a 17% investment gain to early bird investors even before it lists on crypto exchanges. As such, savvy investors are rapidly purchasing this coin at the lowest possible price in its ongoing presale event.
Interestingly, Bitcoin Minetrix has raised over $1 million in capital, with a potential hard cap of almost $33.5 million. Any unsold BTCMTX tokens at any presale stage will be added to the final presale stage, ensuring fair distribution for all users. With a minimum purchase of $10, you can set yourself up for potential long-term gains with Bitcoin Minetrix.
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Conclusion: Invest in The Perfect Bitcoin Alternative Ready To Revolutionize Bitcoin Mining and The Crypto Space
As the crypto market faces bearish sentiments and Bitcoin lingers below the $30,000 price mark, savvy investors and traders continually search for the next investment-worthy crypto. Interestingly, Bitcoin Minetrix has emerged as a new player, providing users with its innovative stake-to-mine technology that aims to revolutionize the mining space.
Notably, Bitcoin Minetrix is performing excellently in its ongoing presale. Within a short period of launch, it has already raised over $1,000,000. At this rapid pace, it will certainly sell out all its presale tokens in no time. Endeavor to have your own scoop of BTCMTX tokens in this ongoing presale to enjoy impressive yields when it eventually soars in price. Get involved in this new and captivating Bitcoin mining revolution!
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The post New Bitcoin Alternative Reaches the $1 Million Milestone While Bitcoin Falters Below 30,000 appeared first on Analytics Insight.
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