If you could go back 10 years in time, what would you change?
When you ask people this question, you’ll hear a lot of them say something about “buying Bitcoin while it was selling for pennies.”
And seeing how many new millionaires came to be after the initial Bitcoin explosion, this doesn’t come as much of a surprise.
But now, there’s a “Bitcoin duplicate” out in the crypto market and many analysts believe that it offers a similar potential for amazing profits – Bitcoin BSC ($BTCBSC).
Let’s check out the details.
Bitcoin BSC Starts its Presale with a Bang – Analysts Already Talking about Potential 200x Profits
Bitcoin BSC ($BTCBSC) is a new Bitcoin derivative that’s putting a fresh spin on the legendary cryptocurrency.
It’s a BEP-20 token launched on the Binance Smart Chain. While Bitcoin itself relies on the energy-intensive proof-of-work protocol, Bitcoin BSC takes the greener route as a proof-of-stake token. To be specific, it’s a more efficient, scalable, and eco-friendly alternative.
The project has just kickstarted its presale, offering these tokens at a price of $0.99 each. That’s the same price Bitcoin had back in April 2011. The presale went live on Tuesday, September 5, and it’s already turning heads in the crypto community. Many analysts believe that 200x profits are in the game.
To get the party started, the team is offering an initial 4 million tokens during the presale, with an additional stash of 2.125 million tokens held in reserve, just in case the presale goes viral due to overwhelming demand.
That means the hard cap currently sits at $3.96 million, but it could skyrocket to $6.125 million if those reserve tokens also find eager buyers. Any unsold presale tokens will be tossed into the staking pool, ensuring that nothing goes to waste.
With an enticing presale and a community that’s buzzing with excitement, BTCBSC is certainly one to watch in the following months.
Bitcoin BSC Comes with Stake-to-Earn Mechanism That Brings Major Rewards to Early Investors
If there’s one thing that Bitcoin struggles with, it’s the lack of versatility. While it’s primarily known as a store of value and an investment vehicle, its currency utility is somewhat limited.
Bitcoin relies on the energy-draining proof-of-work (PoW) consensus mechanism, making mining a costly task that depends on validators to confirm transactions. It’s not exactly the fastest and most eco-friendly option.
That’s where BTCBSC comes in. It’s a proof-of-stake (PoS) token, meaning that confirming transactions is a lot easier, making the process both fast and super-efficient. Plus, as a BEP-20 token, it dodges high gas fees that haunt some PoS tokens built on Ethereum.
Furthermore, PoS opens the door to staking, and Bitcoin BSC users can stake their tokens to reap some juicy rewards. According to the official website, the staking pool is already in action, offering a generous 0.25 BTCBSC per block in rewards. As of now, that translates to an estimated annualized percentage yield (APY) of a whopping 166,540%.
Now, that’s not a realistic figure, and it’ll surely dwindle as more tokens dive into the staking pool. But there’s a good chance that BTCBSC will outshine other PoS staking pools, which typically dish out a measly 5% to 10%.
A significant chunk of the project’s total supply, mirroring the maximum Bitcoin supply of 21 million, is heading straight to the staking pool. Just like BTC, these tokens play the long game, with an unlocking period stretching over 120 years.
And this is just a glimpse into the world of Bitcoin BSC. It’s not just a clone; it’s a smarter, faster, and potentially more rewarding Bitcoin.
If the forecasts turn out true and BTCBSC really does skyrocket with its first listings, it would mean that now is the ideal time to get in early on the project. Just like with Bitcoin, only the earliest investors will reap the biggest profits.
While we certainly can’t invent a time machine to go back and purchase Bitcoin at its $1,000 price, we might’ve just found the next best thing – Bitcoin BSC ($BTCBSC).
Most Bitcoin clones nowadays bring nothing to the table aside from their promise to replicate BTC’s success. But this isn’t the case with BTCBSC.
Not only does this token have a distinct growth plan over the next few months, but it actually brings features that outperform certain aspects of the original BTC.
And with so many industry analysts and influencers starting to back up the new project, it’s definitely one to keep an eye on in the last months of 2023.