Connect with us

Crypto

Some Traders Predict This New Utility Token May Be The Next Cryptocurrency To Explode In 2024 

Published

on

Some Traders Predict This New Utility Token May Be The Next Cryptocurrency To Explode In 2024 

Bitcoin Minetrix (BTCMTX), a new Stake-to-Mine platform that aims to decentralize Bitcoin mining, is rapidly gaining traction in the crypto presale space.

The platform has attracted over $3.1 million in early investment as the developers gear up for exchange listings once Bitcoin Minetrix’s presale ends.

With BTCMTX still available at just $0.0114, both enthusiasts and experts are speculating that this token could be the next big thing in 2024.

Bitcoin Minetrix Prepares for Bitcoin’s Halving with Stake-to-Mine Feature

As the next Bitcoin halving looms, scheduled for April 2024, Bitcoin Minetrix’s Stake-to-Mine feature presents a timely innovation.

Advertisement

This feature enables users to stake their BTCMTX tokens in exchange for cloud mining power, thereby effectively lowering the entry barriers for Bitcoin mining.

It’s a method that could prove increasingly advantageous given that the halving event reduces block rewards, offering miners a potential buffer against the reduction in mining profitability.

As such, Bitcoin Minetrix’s innovative approach could be a strategic move for miners looking to adapt and sustain their operations long-term.

The staking protocol of Bitcoin Minetrix complements its Stake-to-Mine model by allowing users to pledge their BTCMTX tokens and earn an APY of 182%.

This dual-earning approach, combining staking rewards with mining payouts, could provide a way for crypto enthusiasts to boost their earnings potential exponentially.

Advertisement

For this reason, Bitcoin Minetrix has attracted attention from an array of high-profile names, including VoskCoin, who recently reviewed the project in a YouTube video.

Visit Bitcoin Minetrix Presale

BTCMTX Presale Gains Early Traction Ahead of Anticipated Exchange Launch

Building on the appeal of its staking and mining rewards, Bitcoin Minetrix has seen an incredible early response to its presale – a bullish signal for potential investors.

At the time of writing, Bitcoin Minetrix has just surpassed the $3.2 million milestone, with BTCMTX tokens available for $0.0114.

Investors worldwide have been piling into the presale to secure BTCMTX tokens at this low price.

Advertisement

This early momentum is expected to continue as BTCMTX prepares to transition from the presale phase to wider market availability.

As outlined in Bitcoin Minetrix’s whitepaper, the development team plans to list BTCMTX tokens on exchanges post-presale.

This move is anticipated to broaden access to a wider audience, potentially increasing liquidity and value for early adopters.

The recent success story of Wall Street Memes (WSM), which witnessed a dramatic price increase post-exchange listing, illustrates the potential trajectory for BTCMTX.

Exchange listings often act as catalysts for price surges, meaning BTCMTX could see heightened attention once it hits the open market.

Advertisement

Bitcoin Minetrix’s Developers Lay Out Strategic Roadmap For the Future

Notably, Bitcoin Minetrix’s developers aren’t just sitting back and enjoying the early presale success.

Instead, they have set out a strategic roadmap that promises numerous developments to bolster the ecosystem.

These include the launch of a mobile app, expansion of the project’s marketing campaign, and partnerships with world-leading cloud mining providers.

Further boosting investor confidence, Bitcoin Minetrix’s smart contract has undergone an audit by Coinsult, a respected firm in the blockchain security space.

Advertisement

Moreover, BTCMTX has secured the top spot on CoinSniper, which showcases the market’s recognition of the token’s potential.

This combination of developments and endorsements sets the stage for a successful listing and sustained growth for BTCMTX.

As such, all eyes will be on the project’s progress as we enter the final weeks of 2023.

Visit Bitcoin Minetrix Presale

Disclaimer: The above article is sponsored content; it’s written by a third party. CryptoPotato doesn’t endorse or assume responsibility for the content, advertising, products, quality, accuracy, or other materials on this page. Nothing in it should be construed as financial advice. Readers are strongly advised to verify the information independently and carefully before engaging with any company or project mentioned and do their own research. Investing in cryptocurrencies carries a risk of capital loss, and readers are also advised to consult a professional before making any decisions that may or may not be based on the above-sponsored content.

Advertisement

Readers are also advised to read CryptoPotato’s full disclaimer.

SPECIAL OFFER (Sponsored)

Binance Free $100 (Exclusive): Use this link to register and receive $100 free and 10% off fees on Binance Futures first month (terms).

PrimeXBT Special Offer: Use this link to register & enter CRYPTOPOTATO50 code to receive up to $7,000 on your deposits.

Advertisement
Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Crypto

Experts celebrate promising new breed of cryptocurrency: 'Not only promises efficiency …'

Published

on

Experts celebrate promising new breed of cryptocurrency: 'Not only promises efficiency …'

An up-and-coming player in the world of cryptocurrency is looking to revolutionize the industry through its unique processes that highlight sustainability.

According to Be3, cryptocurrency XRP, developed by Ripple Labs, could have a “transformative impact on both finance and environmental sustainability” thanks to its unique consensus mechanism that does not require mining and uses a negligible amount of energy even as it scales.

It generates a minuscule amount of pollutants per transaction while producing 1,110 pounds of electronic waste and impacting just over 8 cubic miles of natural resources.

This approach separates XRP from its contemporaries, which often rely on the notoriously power-hungry proof-of-work systems and hulking mining centers that can destabilize the grid.

Statistics provided by TRG Datacenters show that XRP is the second-most eco-friendly cryptocurrency behind IOTA, consuming just 0.0079 kilowatt-hours per transaction. Comparatively, bitcoin ranks last at a staggering 707 KWh per transaction.

Advertisement

Furthermore, the cryptocurrency became the first major global blockchain to achieve carbon net zero by purchasing enough renewable energy to offset its minimal energy requirements, per the XRP Ledger.

Be3 also noted other features that make XRP an attractive option for institutions focused on environmental responsibility, as it takes just three to five seconds to settle at fractions of a cent per transaction.

It’s a welcome addition to a sector that desperately needs more sustainable options. A study by the International Monetary Fund found that crypto mines, in conjunction with artificial intelligence data centers, accounted for 2% of global electricity demand and 1% of carbon dioxide pollution in 2022.

The United Nations found that the bitcoin mining network used 173.42 terawatt-hours of electricity between 2020 and 2021, resulting in a carbon footprint equivalent to burning 84 billion pounds of coal. 

Coal and natural gas also supplied 66% of the energy for mining operations during this period, polluting the planet with planet-warming gases.

Advertisement

Luckily, the sector has made significant strides in recent times in an effort to become more eco-friendly. 

Alephium, which utilizes a proof-of-work blockchain, has partnered with Gigatons to implement a proof-of-less-work consensus that is significantly more energy efficient. 

Meanwhile, Ethereum has transitioned to a proof-of-stake system that has cut its energy consumption by nearly 100%.

“In a world increasingly attentive to environmental impact, XRP’s innovative technology not only promises efficiency but also a greener future,” Be3 wrote.

Join our free newsletter for good news and useful tips, and don’t miss this cool list of easy ways to help yourself while helping the planet.

Advertisement

Continue Reading

Crypto

ZIUM Launches to Revolutionize Instagram and Cryptocurrency Solutions

Published

on

ZIUM Launches to Revolutionize Instagram and Cryptocurrency Solutions

Zagreb, Croatia–(Newsfile Corp. – January 12, 2025) – ZIUM, a cutting-edge agency founded to tackle some of the most pressing challenges in social media and digital marketing, is now officially open for business. Specializing in Instagram username claims, account unbans, and cryptocurrency marketing, ZIUM has positioned itself as a trusted partner for individuals and businesses seeking innovative solutions in the digital age.

The agency operates at the intersection of technology, social media, and blockchain marketing, empowering clients to unlock their full potential online. With a dedicated team of experts and a results-driven approach, ZIUM is redefining the way people navigate the ever-changing online landscape.


ZIUM

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9586/236268_f6b779d0b42269a0_001full.jpg

A New Era of Digital Problem Solving
ZIUM’s services address real-world challenges in today’s digital ecosystem. Instagram, one of the largest and most influential social platforms, has become a critical tool for personal branding, business promotion, and community engagement. However, issues such as unavailable usernames or unfair account suspensions can hinder growth and cause frustration. ZIUM steps in to provide solutions that are fast, efficient, and tailored to each client’s needs.

Advertisement

Additionally, ZIUM excels in cryptocurrency marketing, offering projects and startups a strategic edge in the fast-paced blockchain industry. By combining deep knowledge of crypto trends with cutting-edge marketing strategies, the agency helps blockchain projects stand out in an increasingly crowded market.

Core Services Offered by ZIUM

  1. Instagram Username Claims
    In the crowded social media space, having the perfect Instagram username can make all the difference. Whether it’s for a brand, influencer, or business, ZIUM specializes in acquiring sought-after usernames to align with clients’ goals and identities. The agency handles the process from start to finish, ensuring a smooth and hassle-free experience.

  2. Instagram Account Unbans
    Account suspensions on Instagram can be devastating, especially for businesses and influencers relying on the platform for engagement and revenue. ZIUM offers expert account recovery services, helping clients navigate Instagram’s policies to regain access to their accounts quickly and effectively.

  3. Cryptocurrency Marketing
    The cryptocurrency space is highly competitive, and visibility is key. ZIUM provides end-to-end marketing strategies tailored to blockchain projects, ensuring they reach the right audience. From brand development to targeted campaigns, ZIUM helps crypto ventures grow and thrive in an ever-evolving market.

Continue Reading

Crypto

Donald Trump Embraces Meme Coins—A Presidential First

Published

on

Donald Trump Embraces Meme Coins—A Presidential First

Donald Trump is making news once more, but this time it’s not for political reasons; it’s about cryptocurrency. As he prepares to return as the 47th President of the United States, Trump will become the first sitting president to own meme currencies, a decision that has stirred both enthusiasm and skepticism in the crypto community.

Trump: A Significant Crypto Portfolio

Recent sources claim that Trump’s crypto wallet consists largely of meme coins and is valued roughly $8 million. Among the assets are $1.5 million in a meme currency with Trump-themed design and $5.5 million in TROG tokens.

In addition, he has about 1.3 billion GUA coins, which amounts to nearly $400,000, and $167,000 in TRUMPIUS tokens. This is a first of its kind, where Trump becomes an oddity in the world of politics and cryptocurrency, considering his earlier reluctance towards digital assets.

From Skepticism To Support

Trump’s journey into the crypto world is notable. He had been a strong critic of Bitcoin and other cryptocurrencies, calling them scams. But that all changed in 2024 when he started publicly endorsing Bitcoin and speaking out for the right to own it. That’s a broader trend among politicians, who are increasingly recognizing the potential of cryptocurrencies and their growing popularity among voters.

Advertisement

Trump’s financial success in the digital sphere was also aided by his venture into non-fungible tokens (NFTs) on Ethereum. Trump reportedly made a good living from these endeavors, and he currently owns roughly 496.77 ETH, which is worth about $1.6 million.

BTC is currently trading at $94,144. Chart: TradingView

Implications For Regulation

Many people are eager to see how Trump’s administration will regulate cryptocurrencies now that he is back in office. A possible change toward a more advantageous regulatory climate for digital assets is hinted at by the nomination of important individuals like David Sacks as “Crypto Czar” and Paul Atkins as SEC chair. This could result in more precise rules for investors and businesses involved in the cryptocurrency industry.

Trump

Donald Trump. Image: Ronda Churchill/Reuters

The policies by Trump are already changing market dynamics as everybody is anxiously awaiting them. During this time when Bitcoin hit a record high of $108k, while meme coins surged, analysts still feel that Trump could make the year 2025 a major turning point in cryptocurrencies.

Meme Coin Boom

The rise of Trump-owned meme coins is indicative of a broader cultural shift among younger investors who are fed up with established financial institutions. This combination of the political influence of Trump and the speculative nature of meme coins puts a scenario under which political events could significantly affect cryptocurrency markets. Thus, while the investors go about this, they are not ignorant of the volatility that is usually associated with meme coins.

Featured image from Fortanix, chart from TradingView

Advertisement

Continue Reading

Trending