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Wednesday, October 4th, 2023 ÔÇô Bitcoin BSC, a new cryptocurrency, has had a successful launch on the PancakeSwap decentralized exchange. The coin immediately experienced a 50% price increase, reaching $1.48, and obtained a market capitalization of $30 million. It quickly became one of the most traded coins on the Binance-supported blockchain and is currently the third trending pair on DEXTools.

The trading volume of Bitcoin BSC is approaching $1 million, and there is already $461,000 of locked liquidity for the BTCBSC/WBNB trading pair. This strong performance follows a successful presale where the project raised $6 million. As profit-takers from the presale secure their gains, the price of Bitcoin BSC may fluctuate but is expected to maintain a bullish trend.

The fact that there are already 2,310 token holders within just one hour of its trading debut indicates a strengthening price momentum for Bitcoin BSC. Similar to Bitcoin, this cryptocurrency has a total token supply of 21 million tokens. The initial price of the token was set at $0.99, the same price at which Bitcoin was available in April 2011. This presents an opportunity for Bitcoin BSC token holders to realize significant gains, just like early Bitcoin buyers.

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One of the factors driving interest in Bitcoin BSC is its staking functionality. By buying and staking Bitcoin BSC, investors can earn an annual percentage yield (APY) of 73%. Currently, 3.6 million Bitcoin BSC tokens have been staked. This means that over half of the total number of tokens in circulation (6,125,000) are staked. Staking reduces selling pressure in the market, as it requires a long-term commitment to earn the full APY return. Stakers are initially locked for a minimum of seven days, after which they can withdraw their funds from the staking pool at any time.

Bitcoin BSC rewards stakers with pre-mined tokens every 10 minutes at a rate of 0.25 tokens per block. This emission schedule is designed to mirror Bitcoin’s historical block rewards from 2011. The smart contracts of the project have been audited, ensuring their security and reliability. Additionally, the project guarantees locked liquidity for the trading pair when it lists on decentralized exchanges.

To stay updated on the latest news about Bitcoin BSC, prospective buyers should regularly check the project’s website, follow its social media accounts, such as X (formerly Twitter), and join its Telegram group.

Bitcoin BSC stands out among other “version 2” coins in the market due to its staking functionality and real utility value. Unlike other meme coin clones, Bitcoin BSC offers tangible benefits to its investors. As we approach the next Bitcoin halving event scheduled for April 2024, there is a possibility of significant price surges. Bitcoin BSC is well-positioned to capitalize on this event, as it leverages the brand power of Bitcoin. By investing in Bitcoin BSC now, investors could potentially see substantial gains in the future.

While the crypto winter has been ongoing, Bitcoin saw a positive return of 3.91% in September 2023. This indicates a potential thaw for the cryptocurrency market. Some analysts predict that Bitcoin BSC’s price could explode similarly to Bitcoin, leading to immense returns. Popular YouTube channels such as Joe Parys Crypto and No Bs Crypto have endorsed Bitcoin BSC as a potential investment with high growth potential.

Bitcoin BSC has received coverage on top crypto sites, increasing its visibility in the market. Crypto traders are showing interest in Bitcoin BSC, and the current price provides an opportunity for latecomers to generate long-term capital returns and passive income. With a staking APY of 73%, Bitcoin BSC offers an attractive option for income generation in a diversified crypto portfolio.

Please note that investing in cryptocurrencies is a high-risk activity, and this article is provided for informational purposes only. It does not constitute investment advice, and there is a risk of losing all invested capital. To buy and stake Bitcoin BSC, visit the bitcoinbsc.io website or connect your wallet to PancakeSwap and purchase the coin with WBNB.

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