No other cryptocurrency in the market has ever come shoulder to shoulder with Bitcoin (BTC), aka the crypto giant. Currently, its individual prices are rising consistently owing to bullish sentiments and positive news all around. This has brought a green wave, influencing all the altcoins and emerging cryptos in the market. But as for the best investment, there is a new winner called BTC20.
BTC20 is being dubbed the new $1 Bitcoin, which has been soaring to more than $2,249,183. But the reason why it is a ripe crypto investment to make has been explained in the section below. There are many unique aspects to BTC20 that helped it rise to double that of Bitcoin, which is just $30,000 at the time of writing. Will it reach $50K, or should we be excited about BTC20?
Let’s check what’s happening to BTC20 and how a new presale coin has already touched exceeded $2.000,000 levels.
Amidst Bitcoin’s uptrend, BTC20 soars like an eagle to $100,000 level
Remember the good old times back in 2011, when 1 Bitcoin was worth just $1?
Now imagine if that time could return just now. How many millions would you have made by now?
This is the allure of BTC20. It entered the crypto market just a few days ago, and yet, it’s created a wave of genuine interest.
But in the following, we have explained the difference in price movement and progress between Bitcoin and BTC20:
Bitcoin has been around for the longest time, as it was the first cryptocurrency to be introduced in the world as P2P money. Over time, Bitcoin exploded in value because of its limited supply, growing mining difficulty, and plethora of leverage in the market.
But BTC20 is a new addition to the world of crypto, which makes it a low-risk and easy investment at just $1. This makes it beginner-friendly and a great low-risk buy for veteran investors too.
Another huge contrast between the original Bitcoin and BTC20 is the presale. As you know, the latter has released a presale with a hard cap of just $3 million. But Bitcoin, on the other hand, is far from this stage. This is why investors, traders, and other important market participants are favoring the growth of new $1 Bitcoin. Owing to this, BTC20 has soared to $2,000,000 levels easily.
BTC20 – a new $1 Bitcoin with passive income offering and staking
BTC20 has been all over the crypto media and news headlines because of its exceptional idea of launching a Bitcoin-like crypto. But the twist here is that BTC20 doesn’t contain a single problem that exists with Bitcoin. Let’s take a closer look at the following.
An ERC-20 crypto
Bitcoin has been a long-standing Proof-of-Work crypto with a reward system only for miners. But with growing mining difficulties, it has almost killed the profitability involved in BTC mining. To make sure that isn’t the case with BTC20, its team has powered it with the Ethereum blockchain. This is why BTC20 is an ERC-20 crypto that uses a Proof-of-Stake consensus mechanism.
Stake to earn utility
As mentioned earlier, the shift from PoW to PoS has made BTC20 far more profitable for token holders than the original Bitcoin. Why?
Because PoS allows BTC20 tokens to have a unique staking utility, if you are a BTC20 token owner, then you can stake it. As a result, you will be getting a sizable, consistent passive income, which isn’t the case with Bitcoin and many other altcoins.
Not a threat to climate
Bitcoin has invited a lot of hate and trouble because it is built to require mining and mining equipment run by electricity (mostly non-renewable). This is why many climate activists and eco-conscious people, governments, and companies have blacklisted it.
But the new BTC20 is not a threat to the world’s climate at all since it is PoS and runs on Ethereum. Being a green crypto allows BTC20 to easily win preference over Bitcoin.
$2,000,000+ Raised already
The BTC20 ICO has launched with a small hard cap of around $3 million, unlike extravagant and multi-stage presales. Out of this, this coin has already managed to sell $2,250,688 in just a couple of weeks and make a name for itself.
The growth of BTC20 indicates that the team behind it is ensuring that everyone gets a chance to get in on this once in a lifetime opportunity to buy a better Bitcoin for just $1.
What to expect from BTC20 in the near future
The roadmap of BTC20 clearly shows its exciting future plans throughout the next quarters in the market. Right now, it is in line with the original Blockchain block reward schedule, and the team expects to release the actual BTC20 tokens by then. When this release of tokens happens, all early investors and all who own BTC20 tokens will receive a certain percentage of rewards.
Apart from that, this token has a total supply of 21 million tokens, out of which 6.05 million BTC20 will be sold at $1 each via presale. As a PoS crypto, the team at BTC20 has decided to lock all the remaining tokens in a staking contract. After this, every original Bitcoin block confirmation will release BTC20 tokens and share rewards with token holders.
From the aforementioned, it is easy to understand that anyone interested in generating passive income by buying a Bitcoin-like crypto in $1 should definitely buy BTC20. According to its mechanism, the more BTC20 you stake, the more rewards you earn. So don’t let this chance go and invest now