The self-proclaimed "more versatile version of Bitcoin”, BTC20, has hit the crypto scene. Its presale is currently underway, enabling investors to buy at Bitcoin’s 2011 price of just $1. Despite just launching, the project has experienced tremendous hype so far, with over $300k sold already.
This BTC20 price prediction looks at what the new project offers and whether it can live up to its potential as a hybrid version of both BTC and ETH. Let's begin.
BTC20 launched as a presale on the 17th of July 2023. The project offers investors the chance to purchase the token at Bitcoin’s 2011 price of $1.
It aims to build upon the foundations of Bitcoin, making it more accessible, functional and environmentally friendly.
BTC20 is an Ethereum ERC-20 token, making it compatible with all other Ethereum-based decentralised applications (dApps).
Like Bitcoin, BTC20 comprises of 21 million tokens. However, just 6.05 million will be available in its presale, with the remainder allocated to staking rewards.
According to its whitepaper, the staking unlock schedule spans 120 years, making BTC20 a highly scarce asset.
The BTC20 staking feature - Stake to Earn, enables investors to deposit tokens in the project’s smart contract and receive staking rewards proportional to their share in the staking pool. In other words, the more holders stake, the more they earn.
BTC20’s presale will be carried out at a single-tiered price of $1. With 6.05 million tokens available, the presale hard cap is $6.05 million. The presale also features a soft cap of $3 million.
BTC20 price history key points:
Purchase Methods
At the time of writing this, BTC20 is two days old. Nevertheless, the project has already amassed over $200K in its presale and received mass media
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