Bitcoins are always investor’s favorite, and the interest in Bitcoin-linked projects remains high. Linked with the Bitcoin price action, the newly launched BTC Bull token is making a bold move, raising $2 million in the first week of the presale. Since the presale launch, BTC Bull tokens have been widely attracted by investors, allowing users to capitalize on its Bitcoin reward system, BTC Bull token generates tangible rewards for long-term holding.
BTC is a meme coin project that aims to reward token holders with real Bitcoin when BTC crosses specific price thresholds. When Bitcoin hits major milestones, BTC holders receive Bitcoin airdrop, which means free Bitcoins, which have a worth of $95347.44 currently.
The first significant reward is set at $150,000, allowing early adopters to increase their crypto portfolio before a price surge. The presale is ending soon leading to the next phase, increasing the price of the coin, making it the best time to grab your BTC before the next price rise. The coin is currently priced at $0.00237.
Bitcoin Price Milestones And BTC Token Rewards
BTC token holders receive free Bitcoin airdrop when the Bitcoin hits major price milestones, the basic idea behind the BTC Bull token project. The reward starts when BTC crosses $150,000 and continues with each $50,000 hike in price, giving BTCBULL holders an opportunity to earn Bitcoins without buying them directly.
Not only token rewards, but token burns are also part of this project. A token burn is set to take place when BTC reaches $125,000 and additional burns will happen on major price milestones. The burning mechanism inflates the supply of BTCBULL tokens over time, increasing demand and price.
In addition to rewards, the BTC Bull token project has introduced a staking protocol for BTC BULL holders, and according to last week’s reports, investors have staked more than 536 million BTC BULL tokens. The stake offers a yield of around 196% annually. The staking rewards will be distributed to stakeholders two years after the BTC BULL token presale ends.
BTC BULL Presale Hits Milestones
Since the presale beginning, the price of BTC BULL has been steady, and the potential to earn free Bitcoins attracts investors towards this meme coin project. Unlike other meme coins, that offer short-term returns, BTC BULL aims to provide long-term investment opportunities.
The coin has collected around $20,000 daily, making it a $2 million funded project after a week of its presale. The team behind BTC BULL prioritizes transparency, the token is audited by two renowned blockchain security companies, namely Coinsult and SolidProof. The audit reports were clean, enhancing the investor interests.
The tokenomics of BTC Bull is quite promising, indicating a long-term growth plan rather than a short-term utility, out of the 21 billion BTCBULL, 15% is allocated for milestone burns, 10% to staking rewards, 15% to the ‘Bull Fund’ for Bitcoin airdrops, and the remaining tokens are allocated for liquidity and marketing.
Investors can participate in the presale in various ways, either buy BTC BULL using any cryptocurrency, a credit or debit card, or a Best Wallet mobile app. With the presale end, the team plans to list BTC BULL on an Ethereum-based decentralized exchange platform, many believe Uniswap will be the first choice.
Will Bitcoin Cross $150,000 Milestone Soon?
The success of the BTC Bull token purely relies on the price of the Bitcoin, the increase in Bitcoin price makes people invest in BTC BULL as it is linked with Bitcoin airdrop. Though Bitcoin price has been fluctuating since it crossed the $100,000 milestone earlier this month, the technical indicators suggest another surge can be expected soon.
The growing popularity of Bitcoin spot ETF has the potential to increase the price of Bitcoin. According to reports more than $30 billion are allocated to BTC spot ETFs by institutional investors. These increases will impact the price of the Bitcoin and thus the BTC Bull price. Many analysts believe that $150,000 is not long for Bitcoin.