The Bitcoin Hyper ($HYPER) presale continues to heat up, breaching the $16.4M price milestone as whales pile in.
Big buys of Bitcoin Hyper ($HYPER) tokens amounting to $69.8K since Monday have propelled the crypto fundraiser into the limelight, setting it up as one of this year’s hottest presales.
Things should get even more exciting as the project chases its goal to bring speed, low transaction costs, and expanded utility to the Bitcoin ecosystem.
Why Bitcoin Needs a Layer 2 Blockchain
Since launching in 2009, Bitcoin has cemented itself as the world’s premier cryptocurrency. It continues to dominate with its over $2.3T market cap and price that recently reached as much as $124K.
Institutional investors have also begun stockpiling Bitcoins, with corporate treasuries holding over 1M $BTC, or 4.7% of the total supply. In other words, Bitcoin remains the top choice for anyone looking to invest in digital assets.
But despite its status, Bitcoin has been bogged down by issues such as slow and expensive transactions.
Part of this is due to its underlying code, which has been simplified to make it one of the most secure cryptocurrencies. However, this severely limits the coin’s utility, which is why you can’t use it for smart contracts, dApps, DeFi protocols, and NFTs.
Plus, it can only handle up to seven transactions per second (TPS). Blockchains that came after it can do significantly more, with Solana able to handle up to 65K TPS, for example.
Fixing these issues requires more than just rewriting the code; doing so would compromise Bitcoin’s robust security.
The solution? A Layer 2 blockchain for Bitcoin.
Bitcoin Hyper: Building the Bitcoin Fast Lane
The Bitcoin Hyper ($HYPER) project, now in presale, is raising funds to develop a Layer 2 that will make Bitcoin transactions faster and cheaper, and expand what a regular Bitcoin can do, all without sacrificing security.
When launched, the Bitcoin Hyper will unlock unlimited applications for $BTC, such as interacting with dApps and staking.
The L2 will run on a Solana Virtual Machine, which delivers Solana-level speeds and significantly lower transaction costs.
You can deposit and withdraw your $BTC between layers securely, whenever you want, thanks to a non-custodial bridge.
Here’s a quick look at how the Bitcoin Layer 2 works:
The Bitcoin Hyper project has generated a lot of buzz in the market. It has already raised over $16.4M, with recent whale buys amounting to nearly $70K since Monday, including today’s $11.2K purchase.
Join the Bitcoin Hyper Presale and Help Write the Next Chapter in Bitcoin’s Story
You don’t have to be a whale to participate in the Bitcoin Hyper presale. With its $HYPER token priced at only $0.012935, you can easily invest without breaking the bank and be part of the liberation of Bitcoin.
To get started, go to the official Bitcoin Hyper presale page, connect your crypto wallet (e.g., Best Wallet app) to the presale widget, and purchase $HYPER with your credit/debit card or crypto.
For a more detailed guide on purchasing $HYPER tokens, read our ‘How to Buy Bitcoin Hyper’ page.
Alternatively, you can stake your tokens to earn passive income. Currently, the staking rewards are set at 70% p.a., but note that this can still change depending on how many tokens are locked in the staking pool.
Whether you buy outright or stake, you can claim your $HYPER tokens once the presale concludes.
There’s less than two days before the next price increase, so the sooner you get your $HYPER, the better.
Be a part of one of this year’s biggest crypto presales. Join the Bitcoin Hyper presale today.
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Source: https://bravenewcoin.com/partner/bitcoin-hyper-presale-raises-over-16m