This 2-Day-Old uGold Coin Just Shot Up 18,000% and Analysts Say This Little-Known Crypto is Next – Here’s Why
In a skyrocket move stunning DEX markets, uGold (UGOLD) token has exploded +18,000% overnight, and an emerging Bitcoin cloud mining token could be next – here’s why.
Recent weeks have seen a huge trend in explosive DEX-launched tokens, with countless moon-shots garnering significant attention, including the ever-popular APX, SAMBO bot, MOONEY, OGGY, REFUND, XDOGE and HYTS.
$uGOLD, our @HoldstationW's utility tokens, earned through swaps, trading, or holding assets in your wallet, can now be converted to ETH! 🌟 Thank you for your incredible support so far ☝🏼 pic.twitter.com/GSqYDqFDDi
— Hieu Do | zkHoldstation (@mdo2255) November 1, 2023
uGold is the utility token for a new Smart contract wallet called HoldStation, which offers futures trading on ZK sync with Account Abstraction.
uGold Price Analysis: As uGold Surges 18,000% Will $0.00000073 Mark Floor Price?
Following the triumphant rally, uGold is currently trading at a market price of $0.00000078 representing a 24-hour change of +7.38%).
This comes after the uGold utility token launched at just 12:00 on November 1, 2023 – with the first hour of trading undertaking a sensational +6,500% move as price hammered up to $0.00000007639.
In the following 6-hours uGold price hammered up a further +25%, bringing returns for early backers to a jaw-dropping +18,000%.
However, in the 24 hours since – the price appears to have struggled to push up, with a localized -30% retracement move after a double-topped rejection from $0.0000001.
Yet, uGold price appears to be finding feet, with a strong display of support above $0.0000000073, potentially revealing a new floor price amid post-launch volatility.
Indeed, acting as the utility token for a live product, uGold appears to have decent upside growth potential from here – with a lowly market cap of just $807k, and this is matched by $124k in liquidity (a favorable 15% of market cap).
With a sub-million market cap, it seems likely that uGold could easily undertake a 5x return from here – with similar projects in the ZKsync space regularly cracking $5m market caps.
But while DEX traders bet big on uGold, an emerging Bitcoin Cloud Mining presale has undertaken a moon-shot past $3m raised, as traders turn bullish on Bitcoin’s price potential.
uGold Alernative? Bitcoin’s Strength Fuels Explosive Growth in Bitcoin Minetrix Presale – Now At $3.12M
Dive into the innovative world of Bitcoin Minetrix and its pioneering stake-to-mine system – as the skyrocketing presale smashes +$3,120,035 raised.
Offering an enticing 1224% Staking APY, Bitcoin Minetrix provides a platform where users can buy, stake, and then watch as the rewards start accumulating.
The true essence of passive income in the crypto world has never been this accessible.
With the Bitcoin Minetrix approach, gone are the days of heavy initial capital and navigating complex mining contracts.
Bitcoin Minetrix Smashes $3M Raised as Traders Rally Against Bitcoin Mining Centralization
No longer the mainstay of basement ASICs, Bitcoin mining is now a multi-billion dollar industry, but with the success of Bitcoin mining centers comes the challenge of increased centralization.
Indeed, with just two mining pools (Foundry USA and Antpool) representing 57.5% of the Bitcoin network hashrate, mining centralization is desperately in need of modern solutions to ensure long-term network security.
This is where the magic of Bitcoin Minetrix comes into play, with Bitcoin cloud mining offering the opportunity for everyday investors to claim their slice of the pie – while bolstering Bitcoin’s network security.
All interested parties have to do is buy $BTCMTX tokens in presale and stake them to earn cloud mining credits, with Bitcoin Minetrix’s automated system handling the heavy work.
In effect, this means no more expensive barriers to entry, such as costly hardware requirements or complicated technical understandings – simply buy, stake, and earn to unlock the benefits of Bitcoin mining rewards.
Key Highlights of the BTCMTX Advantage:
- Distinctive Edge in the Market: In an industry filled with numerous cloud mining platforms, Bitcoin Minetrix carves a niche for itself. As the first-ever tokenized Bitcoin cloud mining initiative, it offers an automated system that’s geared for cloud-based Bitcoin mining, setting a new standard for the industry.
- Safety First with Ethereum Blockchain: Bitcoin Minetrix operates on the tried and trusted Ethereum blockchain. This ensures top-notch security and reliability, allowing users to sidestep the risks associated with external mining pools, and offering a safeguard against potential fraudulent cloud mining services.
- Championing True Decentralization: At its core, Bitcoin Minetrix upholds the ethos of decentralization. In an age where centralization often introduces vulnerabilities, Bitcoin Minetrix breaks the mold, redistributing mining profits from big corporations to individual retail investors through its novel Stake-to-Mine system.
- Tapping into the Bitcoin Halving Opportunity: Perfectly poised to make the most of the upcoming Bitcoin halving, Bitcoin Minetrix provides investors with a golden opportunity. The impending halving might seem daunting for miners due to reduced block rewards, but historically, such events have driven up Bitcoin’s value. Bitcoin Minetrix provides a platform for investors to tap into this potential surge, sans the associated capital risks.
- The BTCMTX Presale Opportunity: The ongoing BTCMTX presale has already garnered significant interest, with over $2,951,127 raised towards its $3.38M goal. At a competitive price of just $0.0114 per token, early investors have a unique chance to be at the forefront of this stake-to-mine evolution.
In sum, Bitcoin Minetrix is set to redefine the Bitcoin landscape. With its innovative methodologies, stringent security measures, and the vast potential of its stake-to-mine mechanism, it beckons as a lucrative opportunity for early-bird investors.
Secure your position in this transformative journey by joining the BTCMTX presale today.
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.