Bitcoin Minetrix ($BTCMTX) is a new cryptocurrency based on an ingenious Stake-to-Mine mechanism, enabling users to mine Bitcoin simply by staking the $BTCMTX crypto from their Ethereum-compatible wallet. This novel concept provides a no-fuss, zero-cost way to earn Bitcoin and requires no technical knowledge to get started, making it ideal for beginners.
The project has just launched as a presale and has already gotten off to an explosive start, raising over $190K in just under 72 hours. Therefore, it could be looking at a quick sellout as word spreads, hinting at solid upside potential. This Bitcoin Minetrix price prediction considers how far this trailblazer could go based on its use case, market trends, tokenomics, and investor sentiment.
Bitcoin Minetrix is a new ERC-20 token that provides users with “mining credits,” non-transferable ERC-20 tokens that they can burn and earn Bitcoin mining power with. This mining power can then be used to mine Bitcoin in the cloud, enabling investors to essentially mine BTC with an ERC-20 token, and there is no technical expertise, upfront cost, or equipment required.
The $BTCMTX token launched on 26 September 2023. It has a maximum supply of 4 billion tokens, and 42.5% have been allocated to Bitcoin mining, 35% to marketing, 15% to community rewards, and 7.5% to staking rewards.
Currently, $BTCMTX is priced at $0.011 per token in its presale. However, tokens at this price are in limited supply as this is the presale stage 1. There will be nine more stages, with the price increasing 10% in each. This incentivizes investors to buy as early as possible and could point to a quick presale sellout.
The next stage will begin when the presale total raise hits $3,080,000. According to itsRead more on cryptonews.com