Bitcoin Poised for $32,000 Surge While BTC20 Skyrockets to $340,000 in Presale Opportunity
The bitcoin price has reclaimed $30,000 and needs to break resistance at $32,000, but the new cryptocurrency BTC20 has pumped to $342,000 in a little over 24 hours.
Aiming for a soft cap target of $3 million in its presale, so-called ‘Ethereum Bitcoin’ BTC20 looks set for stratospheric gains that will likely eclipse bitcoin’s current advance.
Still, bitcoin is trading at $30,240, so still presents an enviable entry point at this juncture, given that Standard Chartered Bank recently slapped a 2024 price target of $120,000 on the top crypto.
However, think how much could have been made if the coin had been bought in 2011 when it was worth $1. Well, BTC20 provides new entrants with precisely that opportunity.
BTC20 has turned back the bitcoin blockchain to 2011, which means you can buy the coin for $1. BTC20 is mirroring the block production and minting process of the years since 2011 by building it into the design of its novel staking system, in which token holders can earn up to 65% APY.
The crypto community is sitting up and taking notice of BTC20. Beincrypto, Cointelegraph, Coingape, and Finbold have all featured the coin. YouTubers are starting to pick up on the coin, too, with German crypto trading channel Smallcap DE predicting outsized returns when BTC20 lists.
If you had bought bitcoin in 2011 and held it until today, you would be sitting on a gain of 3,000,000%. Although it might sound fanciful to be able to repeat such a parabolic move, there’s an as-yet little-known ‘Bitcoin’ alternative that has returned 81,088% to investors.
The coin is Harry Potter Obama Sonic 10 Inu, also known as HPOS10I. It is actually a meme coin that uses the ticker $BITCOIN. At the time of writing, it has a market capitalization of $73
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