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A new Bitcoin-themed meme coin called BTC Bull Token ($BTCBULL) is causing a huge buzz right now. It’s currently undergoing a token presale where it has just crossed the $3.1 million total raised mark.
As new Bitcoin catalysts emerge, such as a confirmed US Bitcoin reserve and whispers of Trump slashing crypto taxes, the pathway to new highs is becoming increasingly clear.
BTC Bull Token is uniquely positioned for Bitcoin’s upward ascent. It will pay its community free Bitcoin and $BTCBULL rewards. This has never been done before, so smart investors are scrambling to get in on the action.
Currently, investors can buy BTC Bull Token at a price of $0.00239, but this will increase as the campaign advances, with the next uptick later today.
BTC Bull Token is the meme coin that tracks Bitcoin’s price movement
While its outer facade remains as a Bitcoin-themed meme coin, the real value of BTC Bull Token is the numerous ways holders can earn from it. In that sense, BTC Bull Token is like a DeFi meme coin.
It starts with the project paying real Bitcoin and $BTCBULL token rewards to holders at key milestones on Bitcoin’s journey to $1 million. Imagine: Bitcoin has just hit a landmark price, and cryptos across the board are soaring, but you hold $BTCBULL, so you get an additional crypto airdrop for free. Talk about a win-win.
The project also has a staking mechanism, which is live in the presale and offers a 135% APY. This APY will decrease as the staking pool grows, so prospective investors should act fast to secure the most value for their money.
Similar to Bitcoin, the BTC Bull Token is designed to create scarcity. However, it takes this one step further by introducing a burning mechanism. This will involve $BTCBULL tokens being destroyed every time Bitcoin’s price increases by $25K.
So, not only will BTC Bull Token holders earn more crypto as Bitcoin’s price rises, but the value of their current holdings will also increase since the total supply is diminishing.
This setup is driving massive attention to the project. And it’s not just among investors; big-name analysts also show support. For instance, Umar Khan from 99Bticoins said it’s one of the best cryptos to buy now and could have 100x potential.
Trump’s new EO is huge for Bitcoin and BTC Bull Token by association
US President Donald Trump pledged to build a crypto strategic reserve on Sunday, with Bitcoin and Ethereum being “at the heart” of it.
Details on the reserve’s inner workings are scant, but investors are excited as the White House is hosting its first-ever crypto summit this week. This could be when more details are disclosed, such as how much cryptocurrency the government will buy and over what time frame.
A previous bill proposed by Senator Cynthia Lummis suggested the United States should buy 1 million Bitcoin, or 5% of the asset’s total supply. It remains to be seen whether Trump’s executive order (EO) follows this suggestion, although it reflects the grand vision that some US officials have for Bitcoin.
Bitcoin saw its biggest-ever intra-week candle last week, falling to lows of $78K and then closing above $93K thanks to the crypto reserve announcement. This underlines the market’s interest in a US crypto stockpile, and it’ll only intensify as more details emerge.
And as the US accumulates Bitcoin, it will set off a global trend for other nations, institutions, and businesses to build their own reserves. This will cause the Bitcoin price to rise, with prominent multinational bank Standard Chartered saying it could push Bitcoin to highs of $500,000 this year.
By association, Trump’s new EO is also good news for BTC Bull Token, the only cryptocurrency that rewards holders with real Bitcoin.
Last chance to buy $BTCBULL before price increase
The BTC Bull Token price is rising throughout the ICO, pitting potential investors against the clock to secure the best price.
Head over to the BTC Bull Token presale site or use the Best Wallet app to purchase $BTCBULL. It’s worth noting that users must hold $BTCBULL on Best Wallet to be eligible for Bitcoin airdrops.
With Trump’s new EO confirmed, experts anticipate huge growth this year for the market leader. As such, the timing has never been better for a Bitcoin-rewards token to emerge. Investors can capitalize on this now by joining the presale.