10000X Token is Up 100x So Far and Experts Say This is the Next Crypto to Explode
As DEX market moves continue to dominate market pumps, 10000x token has exploded 100x in the past 24-hours, and now crypto experts are suggesting this new crypto could be the next to skyrocket.
This comes as recent months have seen a huge trend in explosive DEX-traded token moves, with countless moon-shots garnering significant attention, including the ever-popular APX, SAMBO Bot, BabyGROK, TIME, ROCKY and IO.
🛑 Insiders Detected by @CoinSpeedrun
🔸 10000X – 10000X | $10000X
🔸 Contract: 0x86bf94708ccde8729350c4addb745db2be3802a4
See the insiders current share(%) by searching on
— CoinSpeedrun Bot (@CoinspeedrunBot) November 27, 2023
However, 10000x token has seen a tumultuous run, with the project plagued by high volatility in what has become the stomping ground for manipulation games by meme coin whales enjoying low volume opportunities.
10000X Price Analysis: Will 10000X Price Pump End In Yet Another Seismic Dump?
With price action seemingly intent on pushing up again, 10000x token is currently trading at a market price of $0.0002568 (representing a 24-hour change of +5.14%).
The huge 100x rally swept into the charts at 8AM price action, amid a sudden and substantial influx of trading volume, which propelled significant gains in the low volume 10000x marketplace.
With price pushing off from a lowly $0.00002275, 10000x shot up 1,000% to establish a consolidation zone around ongoing price levels.
The precision of the 1,000% pump suggests this was a manipulative move by an insider wallet, and it’s critical to note that the recent pump failed to match the performance of the last 10000x price explosion.
Despite this, the number of 10000x holders continues to steadily increase, with a 6% hold bank growth week on week.
This has been driven predominantly by dominance of buy pressure in transactions, with 83% of the 62 transactions in the past 24-hours being buys.
And things could be looking up for this mysterious token, with the liquidity pool standing at $297k, exceeding the lowly market cap of $256k.
This creates significant opportunity for a quick 4x pump to a $1m market cap, a common move in hot coins on DEX markets.
However, historic price action is not indicative of long structured rally builds, but rather of highly volatile dumping moves so traders should exercise caution.
But while it might be too late to join the 10000x rally unless you have major risk tolerance, an emerging Bitcoin ETF-themed presale could offer superior returns.
Analysts Label This 10000x Alternative Token As Best Bitcoin ETF Price Gainer For Your Portfolio
A new Bitcoin alternative presale launched this week, offering eagle-eyed traders the opportunity to make it big on unfolding Bitcoin ETF rumors without having to eat the $41,000 cost of becoming a whole-coiner.
Bitcoin ETF Token ($BTCETF) is currently listed at a market price of $0.006, with an alluring $2,561,367 raised in the opening week of the presale.
Designed and built with skyrocket potential in mind, this promising token aims to bank big on market excitement surrounding the ongoing applications for Bitcoin spot ETFs.
— BTCETF_Token (@BTCETF_Token) December 4, 2023
Aiming for a hard cap of $5m in presale funding, the early stage of this emerging project’s presale offers investors a unique opportunity to get in during this early entry point, which could set the stage for life-changing gains.
Ride the ETF Rally with Ease: Bitcoin ETF Token is a Critical Component in Every BTC Trader’s Toolbox
Indeed, Bitcoin ETF isn’t simply a useless meme coin, beyond taking aim at the biggest narrative in crypto – BTCETF has a major utility: Bitcoin ETF news alerts.
The token’s dApp offers traders a live feed of the latest Bitcoin spot ETF information and news, with sophisticated technology tracking applications real-time at the SEC, and high-speed bots monitoring social media for the latest breaking ETF news.
But a simple feed of Bitcoin Spot ETF news only highlights a fraction of Bitcoin ETF token’s potential, with easy-access to real-time update alerts offering sharp traders the opportunity to make market-beating returns stress-free; being amongst the first to hear about privileged Bitcoin Spot ETF news.
This could enable traders to position themselves appropriately in seismic Bitcoin market movements, making Bitcoin ETF token a critical component in every BTC trader’s tool-box this Winter.
Read More: Next Crypto to Explode
Surging Interest in Bitcoin Alternatives Leaves $BTCETF Poised to Outperform $10000x Token
Project tokenomics are bolstered by ambitious plans for the incorporation of staking rewards that incentivize long-term holding, alongside a burn mechanism, which will enhance $BTCETF as a ‘digital gold’ alternative, by creating a deflationary mechanism in price.
Set for stage 3 of the Bitcoin ETF project roadmap, an initial burn mechanism will be introduced amid a well-marketed DEX launch, imposing an initial 5% burn tax on transactions – this will be reduced by -1% each time a Bitcoin ETF news milestone is reached.
However, plans are afoot for a larger burn mechanism in stage 4, in a move that will see 25% of token supply burned overtime, this will be conducted in 5% burn intervals – with each supply-side reduction taking place as a Bitcoin ETF news milestone is met.
The milestones for the burn mechanism are as follows:
- Milestone 1 – $BTCETF Trading Volume hits $100m – burn tax on transactions reduced from 5% to 4%, and 5% of total supply is burned.
- Milestone 2 – First Bitcoin ETF is approved by SEC – burn tax on transactions is reduced from 4% to 3%, and a further 5% of total supply is burned.
- Milestone 3- First Bitcoin ETF launch date – burn tax on transactions is reduced from 3% to 2%, and a further 5% of total supply is burned.
- Milestone 4 – Bitcoin ETF assets under management (AUM) hits $1bn – burn tax on transactions is reduced from 2% to 1%, and a further 5% of total supply is burned.
- Milestone 5 – Bitcoin price hits $100k – burn tax on transactions is reduced from 1% to 0%, and a further 5% of total supply is burned.
This will create a gradual decrease in total supply, eventually leaving around 70% of BTCETF in circulation, with the supply-side reduction inducing upside price growth.
And that is without considering the potential for token value accrual driven by demand from traders for access to the ETF news dApp and the ever-present demand for Bitcoin alternatives.
Buy Bitcoin ETF HereDisclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.