As Bitcoin Price Recovers, Bitcoin BSC Passes $3.4m And Could Sell Out Soft Cap Within 24 Hours
Wednesday, September 20th, 2023 – The Bitcoin price is recovering as summer ends, traders return to their desks, and new cryptocurrency Bitcoin BSC passes the $3.4 million mark in its quest to create ‘Bitcoin on the BNB Smart Chain’.
There are likely less than 24 hours left before the Bitcoin BSC presale hits its soft cap target of $3,960,000. Already more than $300,000 has been raised in the past 10 hours and the pace of the contributions is surging as FOMO kicks in.
Buyers of the $BTCBSC coin expect to realize a sizeable profit when it lists, but its staking properties mean it is also attracting long-term investors who want to earn passive income.
Now with the original Bitcoin’s price starting to move higher, so-called clone derivative coins like Bitcoin BSC are catching the spotlight.
With the coins selling at a quickening clip, prospective buyers need to do their research and then make their move, as there is no time to lose before the soft cap is hit.
Also, interested parties must keep an eye on the project’s website to see how much has been raised. The hard cap target is $6,125,000, with the soft cap accounting for 65% of the presale token allocation. But it could be only a matter of days before the hard cap is reached and an opportunity for 10x or 100x gains missed.
To keep up with the latest developments and price milestones, prospective buyers should check in regularly on the website as well as follow Bitcoin BSC’s X (formerly Twitter) account and join the Telegram group.
Bitcoin trading volumes were at multi-year lows as the summer doldrums combined with a persistent crypto winter to act as a drag on crypto prices, but the US Fed’s likely pause to rate rises on Wednesday is helping to bring back buyers.
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