Investors are rushing to secure their spot in the BTC20 crypto presale, which has raised $2 million in just over a week. BTC20 is marketed as a newer, better version of bitcoin that exists as an ERC-20 token on the Ethereum blockchain. The tokens are available in presale for $1 each, and the project could hit its soft cap presale target of $3 million soon. Investors are attracted to BTC20 because it offers a passive income opportunity through staking. The project has already gained attention from major crypto news outlets and YouTubers, with one YouTuber calling BTC20 the “next bitcoin”.
Key points:
– BTC20 is raising funds in its presale and has already raised $2 million.
– The token is marketed as a newer version of bitcoin and is available for $1 each.
– Investors are rushing to secure their tokens because of the passive income opportunity through staking.
– BTC20 has gained attention from major crypto news outlets and YouTubers.
– The project is expected to have significant potential when it launches on decentralized exchanges later this year.
Hot Take:
BTC20’s presale success and the potential for passive income through staking are attracting investors looking for the next big crypto opportunity. The project’s marketing as a better version of bitcoin and its eco-friendly and DeFi capabilities make it an appealing investment option. With the upcoming halving event and the hype surrounding BTC20’s future, the project could see significant growth in the coming years.