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Launch of BTC Bull Token...Expectations for New Coin Surge | Bitcoinist.com
As the excitement of the bull market rises, small-cap stocks, especially new meme coins, tend to show high returns.
Among the best new cryptocurrencies on Wednesday, BTC Bull Token ( BTCBULL ) has shown a sharp upward trend, and it is expected that the bullish momentum will continue on Thursday.
Since the lowest point on July 8, the BTC bull token has risen over 320%, reaching a new peak of $0.0055. After undergoing a healthy correction phase, it is currently approaching a major support level, which is expected to be a new entry point for cautious investors considering risk versus reward.
According to the price forecast for the Bitcoin bull market by major analysts, if Bitcoin maintains a long-term upward trend, it is expected to achieve returns ranging from 10 to 100 times.
BTC Fire Token, Bitcoin Beta Investment as a New Alternative Gaining Attention
The BTC Bull Token is regarded as a unique meme coin linked to the long-term uptrend of Bitcoin.
This project is built on the core principle that the price of Bitcoin will continue to rise. The short-term target price is set at $150,000, the medium-term target price at $250,000, and the long-term target price at $1,000,000.
The tokenomics of this meme coin is designed in such a way that token holders are rewarded every time the price of Bitcoin reaches a specific milestone. When the price of Bitcoin reaches $125,000, 5% of the total token supply will be burned, and additional burns will take place every time it rises by $25,000 thereafter.
A large-scale $BTCBULL airdrop worth $250,000 will also take place.
The current biggest point of interest is the promise of free Bitcoin distribution for BTC Bull tokens. When Bitcoin reaches $150,000 and subsequently increases in price by $50,000 increments, Bitcoin airdrops will be conducted for holders. The scale of each airdrop is said to be determined by the user's BTC Bull token holdings and holding period.
Regardless of whether it is a meme coin, BTC bull tokens are emerging as a low-cost long call option substitute for Bitcoin itself.
Bitcoin Bull Market Price Outlook – How High Can It Rise?
After the successful presale of the BTC burn token, which raised over $8 million, it is showing strength in the public market.
After showing an initial downward trend, this meme coin is following the typical price movement that generally occurs after an IEO, forming a J-shaped upward curve. It has risen over 320% since its lowest point on July 8, reaching an all-time high of $0.0055.
The Bitcoin Bull Token appears to be undergoing a healthy correction process in accordance with the typical A-B-C structure of Elliott Wave Theory.
As can be seen in the price chart, the BTC bull token has currently entered the C wave, which is the final phase of the corrective stage of the Elliott wave count. At the same time, it is approaching the yellow ascending support line, which is likely to present a buying opportunity for investors who were waiting on the sidelines.
It seems that there are several positive factors that will drive the upward trend in a Bitcoin bull market.
The BTC Bull token, a meme coin themed around Bitcoin, is establishing itself as a high-beta investment vehicle for BTC. With Bitcoin showing signs of a resurgence and aiming to break the $120,000 mark in July, it seems that investors, who had been on the sidelines, are now turning their attention to the BTC Bull token to maximize their profits.
Meme coins are already being traded on decentralized exchanges and are expected to be listed on major centralized exchanges soon. This is anticipated to provide additional momentum for the upward trend.
According to the price forecasts before the IEO by major analysts, a 10-fold profit potential has been suggested. With the bullish trend of BTC tokens strengthening, reaching $0.025 seems likely, which is analyzed to mean an increase of about 680% compared to the current price and 1,000% compared to the initial listing price.
Bitcoin Hyper, a next-generation cryptocurrency with explosive growth potential is emerging
The success of the Bitcoin bull market suggests that small altcoins associated with Bitcoin are once again gaining attention in the market.
Smart money investors seem to be making early investments in the ongoing Bitcoin hyper presale. It is reported that the presale has already raised over $2.3 million.
Bitcoin Hyper(HYPER) is known as a new layer-2 scaling solution designed to bring the latest blockchain speed, scalability, and programmability features to the BTC ecosystem. It is reported to provide innovative features while preserving the core principles of Bitcoin, which has demonstrated the best asset performance over the past decade.
Efforts are being made to solve Bitcoin's long-standing issues of slow transaction finality, high transaction fees, and limited scalability by utilizing the Solana virtual machine, zero-knowledge rollups, and standard bridges. It is expected that Bitcoin can be used for various purposes, including payments, meme tokens, and even full-fledged DeFi applications.
It is reported that the Bitcoin Hyper Developer Network is currently operational.
The pre-sale of Bitcoin Hyper(HYPER) has been successful from the beginning, which seems to be an expected outcome given that it is common for Layer 2 coins to be valued at billions of dollars. Industry insiders have already assessed Hyper as a next-generation cryptocurrency with the potential for 100x returns.
Visit Bitcoin Hyper Presale