New Crypto Bitcoin BSC Price Explodes 50%, Hits $30m Market Cap as Crypto Traders Pile In to Buy $BTCBSC
Wednesday, October 4th, 2023 – New crypto Bitcoin BSC is off to a flying start after launching on the PancakeSwap decentralized exchange today, immediately rocketing in price 50% to $1.48 and grabbing a market capitalization of $30 million.
Overnight, the ‘Bitcoin on BNB Smart Chain’ coin has become one of the most traded on the Binance-supported blockchain and is currently the No.3 trending hot pair on DEXTools.
Trading volume is approaching $1 million and there is locked liquidity for the BTCBSC/WBNB trading pair of $461,000.
The strong showing for the latest Bitcoin derivative token to hit the markets follows a successful presale in which the project raised $6 million.
As profit-takers from the presale prudently lock in some gains, the price is likely to fluctuate while maintaining a bullish channel.
According to DEXTools data there are 2,310 $BTCBSC token holders barely one-hour into its trading debut, an indication of likely strengthening price momentum.
As with Bitcoin, $BTCBSC has a total token supply of just 21 million tokens. The price of the token was set at $0.99, which was the price you could have bought Bitcoin for back in April 2011.
Now, $BTCBSC token holders are on the threshold of realizing similar stratospheric gains as those early Bitcoin buyers.
With a DEXTScore of 99 out of 99 and an audited smart contract, buyers can be comfortable trading in these waters, with no worries about rug pulls and the like. Also, although it is early days, the token already has a 100% community trust score.
Spurring on interest in Bitcoin BSC is its staking functionality. Buy and stake today and you can earn an annual percentage yield (APY) of 73%.
At the time of writing 3.6 million $BTCBSC tokens have been staked. You can keep
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