Is the number of big companies owning a particular coin the main factor determining its popularity?
There is no right or wrong answer because this depends on the token.
Bitcoin, for example, has a large number of big companies owning it. Some of them even acquired BTC tokens while it was trading lower than usual. This actually shows that these companies believe in BTC long-term, despite its current lows.
And while this is great social proof, it can also cause issues for small investors.
But why?
You will learn that if you continue reading this article. Plus, we will also discover more about the best Bitcoin alternative, Bitcoin Minetrix (BTCMTX).
This coin has nearly $800k in its presale, and experts have the brightest predictions. This is because Bitcoin Minetrix mines BTC for you but also brings a long-term utility.
And while it relies on Bitcoin, it also offers many features that BTC doesn’t. According to the vast number of social media mentions and followers, BTCMTX is also very popular. So, it looks like the number of big firms isn’t the only parameter of success.
But let’s discuss that in the article.
Big companies still hold a majority of BTC!
Despite trading 60% below its all-time high, Bitcoin is still a wanted cryptocurrency.
MicroStrategy, Galaxy Digital, and Marathon Digital Holdings together own 173,864 BTC. This topic was a recent debate when Michael Saylor, CEO of MicroStrategy, claimed there is no second best to Bitcoin.
His company also went to great lengths to accept and use Bitcoin as much as possible. The company issued convertible bonds and senior notes to raise more capital. Of course, the main goal here was to buy more Bitcoin.
Like Saylor, Christopher Ferraro, Galaxy Digital’s Chief Investment Officer, also believes in Bitcoin, citing institutional interest and the potential approval of spot Bitcoin ETF as the main catalysts of its growth.
In many cases, unfair treatment, competition, and fear of monopolization are the most common problems. You, as a small investor, can not get rich from holding Bitcoin.
So what should you do in that case?
The best solution is to invest in Bitcoin derivates. These rely on Bitcoin and carry its features but bring some novelties to the game.
And luckily for you, one of the well-known Bitcoin derivates is currently on presale. Bitcoin Minetrix raised nearly $800k in its presale, and experts think it has a great future. Some even claim this is the best Bitcoin alternative.
But what is so special about this project? Let’s see.
Bitcoin Minetrix: A crypto with a Bitcoin potential?
This newly launched crypto is attracting attention thanks to its concept called Stake 2 Mine. Bitcoin Minetrix allows users to mine new Bitcoin without expensive equipment or technical knowledge.
Thanks to the cloud mining technology, you only need BTCMTX tokens to mine. Cloud mining removes the need for third-party scams and expensive, loud, and bulky equipment. The main goal is to give all control into the arms of investors and make mining accessible to everyone.
This makes mining a safe and transparent process that is inexpensive, easy to access, and used at the same time.
Here are some advantages of this technology compared to the regular mining process.
- Cloud mining is easy to use and accessible to everyone, including beginners. It doesn’t require any technical knowledge from users.
- Cloud mining is cheaper because you don’t need any expensive equipment. Investing in BTCMTX is enough to get started.
- This is an eco-efficient process because it doesn’t require much energy for mining.
- Also, with cloud mining, there is no heat or noise during mining. This means you can enjoy mining from your home without disruptions.
- Cloud mining is a safe and transparent process since it removes third-party scams.
Now that you see all the advantages of this process, you shouldn’t be surprised experts predict a terrific future for Bitcoin Minetrix. This project removes all flaws of the traditional mining process.
But there is more.
Bitcoin Minetrix is also a terrific source of passive income. Except for Stake 2 Mine, you can also buy and stake your BTCMTX coins. In that case, you can start holding your coins immediately and earn income.
Currently, you can earn over 1200% in APY. You will agree that this is a terrific long-term opportunity for investors, especially those who invest early.
Discovering the wonders of $BTC through #BitcoinMinetrix! ⛏
Cloud mining opens up a straightforward gateway to #Crypto:
✨ Seamless access for newcomers
💵 Budget-friendly with no hardware costs
🌆 No concerns about space, noise, or heat
🚀 Effortless upgrades pic.twitter.com/NyTQPO1tP3— Bitcoinminetrix (@bitcoinminetrix) October 2, 2023
Join a 30k Bitcoin Minetrix Minedrop!
To reward its community, Bitcoin Minetrix started a giveaway where ten lucky investors get $3k in BTCMTX coins each.
The steps to participate are easy. You should visit the website, follow Bitcoin Minetrix on Twitter, and complete four additional steps to participate.
You can find more info on the Bitcoin Minetrix website.
Why should you buy Bitcoin Minetrix?
Bitcoin Minetrix is already among the best Bitcoin alternatives.
Investors are going crazy over this coin because of its massive price potential and long-term utility. Here is why you should invest in this Bitcoin derivate.
- You invest in a project with long-term utility.
- With Bitcoin Minetrix, you can earn passive income. In fact, your rewards can be massive, as the current APY is 1201%.
- You invest in an eco-crypto. Eco coins are the future of the crypto market, and experts predict they will be the only ones to survive market changes.
- You can mine new coins easily and at a low price.
Also, Bitcoin Minetrix plays on the popularity of other Bitcoin derivates like BTC20 or Bitcoin BSC. These had mega-successful presale and CEX listings.
Because of the similarities, experts think Bitcoin Minetrix can reach the same heights.
Will investors buy Bitcoin Minetrix as they buy Bitcoin?
Although it’s difficult to give any predictions, one thing we can say with certainty. Bitcoin Minetrix has a massive potential to become the next best crypto and the best Bitcoin alternative.
Not only does this project have a long-term utility and a massive price potential, but it also allows users trouble-free access to Bitcoin. Thanks to Bitcoin Minetrix, BTC mining has never been easier and more accessible.
So, what do you say? Are you ready to invest in Bitcoin Minetrix?
If so, hurry to Bitcoin Minetrix’s official website and get some coins before they all sell out!
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