It now feels like it’s been a lifetime since the XRP price exploded after the ruling in the legal dispute with the US Securities and Exchange Commission (SEC). The profits that resulted from this are now history again. XRP remains the fifth-largest cryptocurrency by market capitalization and BNB has regained its fourth place, although the price here has been under massive pressure since Binance also came into the SEC’s sights. While the euphoria surrounding XRP is subsiding, there is great excitement about the new Bitcoin BSC. Investors are scrambling to buy Bitcoin tokens again at the price of the original in 2011.
Missed out on Bitcoin for $1? Get $BTCBSC now for $0.99 in the presale.
After Ripple’s partial victory against the SEC, which no one expected anymore since the US Securities and Exchange Commission has now also indicted numerous other crypto companies, the craziest price targets were announced for XRP. A court has ruled that publicly traded XRP does not qualify as securities in the United States.
However, none of the astronomical price targets set by experts have materialized. The $1 mark was not reached either, it was certainly not enough for a new all-time high and nothing is heard of the price targets of $100 or more today. On the contrary. Even before the SEC announced an appeal against the ruling, a large part of the profits had been lost and XRP is now trading relatively stable in the area of around $0.50 – a value that had been seen again and again before.
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Just like most cryptocurrencies, XRP is also trading below the EMA of the last 200 days and since falling below it has shown no signs that this hurdle will be tested again soon. The 800 million XRP that Ripple blocked again in order to reduce the circulating supply does not seem to change this.
In the long term, Ripple is definitely well positioned to perhaps even reach a new all-time high. Before that happens, there are still many hurdles to overcome. Until then, more and more investors are focusing on the new Bitcoin token on the BNB Smart Chain. Bitcoin BSC takes investors back to 2011, when Bitcoin reached the $1 mark for the first time.
Find out more about Bitcoin BSC now.
Bitcoin BSC – The best of both worlds?
As the name suggests, Bitcoin BSC comes as a token on the BNB Smart Chain, bringing the advantages of both worlds to light. The popularity of Bitcoin, which has helped many projects succeed amid the hype of “2.0 coins”, with the low transaction costs and fast processing time of the BNB Smart Chain.
The concept was well received in the crypto community right from the start, with numerous international media reporting on Bitcoin BSC in the first few days after its launch. Most people who have invested in cryptocurrencies in recent years have probably asked themselves what it would be like if they had invested in Bitcoin back in 2011, when there were only 6 million BTC in circulation and the price was still $1 has.
Investors at Bitcoin BSC are transported to exactly this time. The $BTCBSC price is $0.99 and just like the original back then, only around 6 million tokens are available until the hard cap is reached.
Click here to go directly to the Bitcoin BSC website.
Staking protocol based on Bitcoin
As a token on the BNB Smart Chain, Bitcoin BSC is subject to the Proof of Stake mechanism. This means that there are no high energy costs and no expensive mining stations have to be purchased in order to generate passive income with $BTCBSC and release new tokens. At the click of a mouse, buyers can decide to stake their Bitcoin BSC tokens and thus achieve a high return.
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The annual return (APY) for staking is currently 819%. Although this value decreases as the staking pool becomes larger and more buyers stake their tokens, it can level out in the high double-digit range. That would still represent a significant return for stakers.
Buyers can start staking while the presale is still running and thus generate passive income before listing on the crypto exchanges. More than half of the investors from the pre-sale have already decided to stake their tokens, which also reduces the selling pressure during the listing as the tokens are locked for 7 days.
Visit Bitcoin BSC website now.
Demand explodes during presales
The new Bitcoin BSC has not been available for pre-sale for less than a week and is already heading towards the $700,000 mark. In the last 24 hours alone, $300,000 worth of tokens were purchased. So with the current momentum, it won’t be long before $BTCBSC sells out.
2% of the tokens are reserved for DEX liquidity, ensuring efficient trading even with high volume on the decentralized crypto exchange PancakeSwap. Thanks to the liquidity pool of hundreds of thousands of dollars, traders do not have to accept high slippage losses, so nothing stands in the way of a price explosion after the start of trading. Given the current momentum, $BTCBSC could be trading on the exchanges as early as September, with numerous analysts already setting price targets of more than $10, which would mean a 10-fold increase.
Buy Bitcoin BSC now for $0.99 in presale.
About the author: Manuel Lippitz has been an entrepreneur and investor for several years. After founding several successful companies, investing in a wide variety of assets became more and more important to him. On his Real estate blog he writes about life as a landlord and with the commissioning of his first mining stations in 2020, he focused more and more on cryptocurrencies & NFTs, as well as the opportunities that come with them.
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