New Bitcoin ICO Attracts Pepe Holders – Could 100x Gains Be Possible?
99Bitcoins has raised over $2.3 million in its increasingly popular ICO, with the long-running website and learning resource gearing up to launch its Bitcoin-based native token, 99BTC.
Since launching in 2013, 99Bitcoins has established a name for itself as one of the market’s most reliable sources of information on cryptocurrency investment. The platform’s reputation is now translating into growing interest in its presale.
And given that this presale is already shaping up to be highly successful, the listing of the 99BTC token could result in some massive gains for early investors.
New Bitcoin ICO Attracts Pepe Holders – Could 100x Gains Be Possible?
Since opening several weeks ago, 99Bitcoins’ ICO has moved quickly through the gears, with the sale attracting investors away from other altcoins.
It recently reached the milestone of $2.2 million raised, yet its presale ticker shows that it has now passed $2.3 million.
🎉 Exciting milestone alert! 🎉
We have now raised over $2.2 MILLION in our $99BTC presale! 🚀
Secure your spot now before the #Presale price increases! 👀
Don’t miss out—get started today!
👉 https://t.co/NXD7DAamqr#99Bitcoins #BTC #Crypto #L2E pic.twitter.com/xQC6lg0euI— 99Bitcoins (@99BitcoinsHQ) June 17, 2024
This is an impressive figure for a new project, and it probably shouldn’t be surprising that so many investors have flocked to 99Bitcoins’ presale.
That’s because its 99BTC token offers plenty of utility and strong fundamentals, with the coin offering access to features and resources on the 99Bitcoins website.
99Bitcoins will also launch a learn-to-earn system in conjunction with the token’s launch. Website users will receive rewards in 99BTC for engaging with educational content.
99BTC will launch initially on the Ethereum blockchain but will bridge to the Bitcoin blockchain and become a BRC-20 soon after going live.
10.5% of its total supply will go to the presale, with 14% going to staking, 17% to community rewards, 27.5% to project and team funds, 23% to marketing, and 8% to liquidity.
The ability to stake the token is likely another big draw for investors, given that holders will be able to earn a passive income from 99BTC simply by holding it.
Indeed, crypto traders and influencers are already speaking about the token in positive terms, underlining how it has begun attracting interest and investment.
What @99BitcoinsHQ is doing for crypto is fantastic! Get in on their presale!
99BITCOINS Presale Live 👉 https://t.co/IXhvYYwbsW pic.twitter.com/fAQ2JjYVNn
— Austin Hilton (@austinahilton) June 11, 2024
Presales Can Lead to Big Gains
Such is 99Bitcoins’ momentum, which means that it has every chance of having a big listing when the time comes.
Its whitepaper states that it’s planning to sell 10.395 billion 99BTC in its presale, which will raise in excess of $11 million.
Once it reaches this target it will allow investors to claim their tokens and then it will list, beginning with DEXes and later moving to CEXes.
Given the success of other presale tokens this year, such as Smog (SMOG) and Scotty the AI (SCOTTY), 99BTC could surge in the days following its listing.
For instance, SMOG rose by more than 4,000% in the weeks following its appearance on exchanges, highlighting just how far presale coins can rise when they initially list.
And given that it already has a pre-established community and user base, 99Bitcoins could easily replicate this performance a little later this summer.
Disclaimer: 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.
