If you're among those seeking a fresh Bitcoin clone with investment potential, you're in luck. A newcomer called Bitcoin Minetrix ($BTCMTX) has been making waves with its presale, which has so far raised over $800K. What sets $BTCMTX apart is its innovative approach to earning Bitcoin (BTC) rewards, all while offering substantial staking yields. But before diving in, let's have a look at Bitcoin Cash's recent decline.
CoinMarketCap Dubs Bitcoin Cash
Bitcoin Cash (BCH), once a promising Bitcoin sibling, has recently hit a rough patch, causing concern among investors. In one week, it took a notable tumble, earning itself the title of "biggest loser" on CoinMarketCap. This downward trend has left many on the lookout for alternative Bitcoin-like options.
Bitcoin Cash – Recent Sell-Offs and Bearish Miners Lead to 'Biggest Loser' Title on CoinMarketCap
Bitcoin Cash emerged in 2017 as a faster version of Bitcoin, aiming to speed up transactions. However, recent days have seen BCH take a bit of a tumble. Its price dipped about 10% in just a week, sliding down from around $250 to the $227 ballpark, and continued to decline.
What caused this? It seems like BCH miners seized the opportunity to cash in on the previous crypto excitement. They sold approximately 250,000 BCH coins, raking in a hefty $57.5 million in profits. Surprisingly, these miners still hold a stash of over 6 million BCH coins, and if they decide to sell more, it could keep BCH prices under pressure.
Interestingly, despite the recent price drop, big-time BCH investors, often called "whales," seem to hold onto their holdings, with around 2.56 million coins. This might signal their belief in a potential turnaround.
However, if these bearish miners keep selling without restraint, BCH might see itself sliding further down to the $200 mark. Currently, looking at exchange orders, it appears that more people want to sell BCH than buy it. Hence, BCH recently earned the title of "biggest loser" in the crypto world, according to CoinMarketCap.
Bitcoin Minetrix ($BTCMTX) – A Rising Star with Over $800K Raised Offering Staking and High APY Rewards
With Bitcoin Cash (BCH) taking a dip, it appears that investors and crypto whales might be looking for alternatives, and one project that has caught the eye is Bitcoin Minetrix ($BTCMTX).
Bitcoin Minetrix is a fresh Bitcoin clone that's been making waves lately, especially during its presale phase. Unlike BCH, you can't find BTCMTX tokens on the public market just yet; you have to grab them from their official website. These tokens come at a pretty low price of $0.011, and this clever pricing strategy has already helped the project raise a staggering $800K in just over two weeks.
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So, what's the buzz about? Well, it's the Bitcoin Minetrix's "Stake-to-Mine" feature. This nifty feature lets you earn cloud mining power by staking your $BTCMTX tokens. Not only that, you can also get juicy yields of 744% per year. That's got people excited, with more than 56 million tokens already staked.
Earning Passive Crypto Income Made Easy with BTCMTX’s 'Stake-to-Mine' Feature
Taking a closer look at its stake-to-mine feature, you'll find it's pretty impressive. Bitcoin Minetrix offers a unique way to earn passive crypto income. When you buy and stake BTCMTX tokens, you start accumulating non-tradable mining credits. These credits act like your golden ticket to Bitcoin Minetrix's cloud mining operations.
What's cool is that this model makes crypto mining accessible to regular investors without the need for expensive specialized hardware. So, how do you stake BTCMTX? It's easy. You just deposit your tokens into a staking pool smart contract via the user dashboard. The longer and more you stake, the more credits you earn.
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The best part? Bitcoin Minetrix takes care of all the cloud mining and rewards distribution using smart contracts, so you don't have to worry about the technicalities. You can keep track of your mining credits and claimed rewards right from the dashboard.
Presale Powerhouse – BTCMTX Tokenomics and the Thrilling 'Minedrop' Giveaway
The BTCMTX presale has been quite the sensation, soaring past the $800K mark and still going strong. If you haven't jumped in yet, now's your chance, but hurry. This deal won't last forever,
What's interesting is how the token distribution is set up. 70% of the total supply of 4 billion tokens will be up for grabs during the presale phases, giving you significant influence over the project's future growth. Another 12.5% is reserved for staking rewards, so there are opportunities to earn even more.
But there's more! Bitcoin Minetrix has recently announced a fantastic $30,000 "Minedrop" giveaway, and it's not just for show. Ten lucky winners will get a piece of that pie. The cool part is there are six different ways to enter the giveaway, including investing in BTCMTX tokens or simply following their official Twitter account.
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As the presale progresses, the token price could go up to $0.0119, which would be an 8% increase. The entry point is quite accessible, too, with a minimum investment of just $10. Hence, if you're thinking about joining in, now is the time!
Crypto Influencer Believes in BTCMTX – What's Next in the Roadmap?
Bitcoin Minetrix's presale has caught the eye of crypto influencer Jacob Bury, who's quite optimistic, suggesting it has "10x potential" to his YouTube following of over 22,000 subscribers. Riding this wave, Bitcoin Minetrix has big plans ahead. After the presale wraps up, they're all set to roll out the first version of their cloud mining services, bringing their unique "Stake-to-Mine" concept to life.
Plus, they're also cooking up a mobile app for those who like to manage their mining activities on the go. Looking even further down the road, there are plans to team up with major crypto mining players, expanding their capabilities. If they can pull off this robust roadmap, early birds will be in for some serious gains. So, don't wait around – join now and be part of this exciting journey!
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Conclusion
While BCH is on the decline, earning the title of the "biggest loser," BTCMTX proves to be a wiser choice. With its successful presale, innovative "Stake-to-Mine" feature offering high APY rewards, and a promising roadmap, BTCMTX presents an enticing opportunity if you’re looking for a fresh alternative in the crypto space. So don't miss out! Get in on the BTCMTX presale now!
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