As meme coin season takes hold, BNB Tiger Inu token (BNBTiger) has bolted to new highs in a sensational +1000% pump that has send shockwaves through on-chain markets.
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, DRS and THING.
The proud meme coin has already rocketed to the top of meme coin charts in seven countries, as eagle-eyed meme coin traders race to ride the skyrocketing rally, and this comes following a promotional adventure at the Token2049 conference.
— BNBTIGER (@BnbTigerInu) September 22, 2023
BNBTiger Price Analysis: As BNB Tiger Inu Token Explodes +1000% – How High Can Skyrocket Climb?
As price action takes aim at a moon-shot, BNBTiger is currently trading at a market price of $0.00000000000002662 (representing a 24-hour change of +803%).
The rally move was triggered at 15:00 on October 26, with price grinding up over 5-hours to find support above the $0.0000000000000075 price level.
A well-defended consolidation period ignited the interest of meme coin traders, triggering a dramatic pump over the following 6-hours as price action skyrocketed over 1,000%.
BNBTiger topped out at a local high of $0.00000000000003065 – as prudent traders secured freshly won gains – driving a 5-hour retracement move down to lower support at $0.00000000000002490.
Across a 4-hour consolidation between 8am and 11am on October 27, price established strong localised support that has now set the stage for an unfolding rally leg.
The ongoing rally appears to be fuelled by surging 24-hour volume, which is currently stood at $1.20m, as buy-pressure remains strong representing 53% of transactions.
However, now stood at an $8.4m market cap with a legion of 28.77k holders to match, progress from here could face a tough upside.
This is because comparable trending meme coins such as Bibi (hot #1 on DEXtools) rarely break into 8-digit market caps above $10m.
With no apparent product, BNBTiger’s moon-shot appears to be riding on meme value and promotional budgets alone – offering little real value to investors.
Yet, while BNBTiger could be facing a top – another emerging project is captivating markets with a rapidly accelerating presale set to revolutionize the increasingly centralised world of Bitcoin Cloud Mining.
Bitcoin Minetrix Has Erupted As Interest In Bitcoin Mining Surges Following Breakout Rally
Dive into the innovative world of Bitcoin Minetrix and its pioneering stake-to-mine system – as the skyrocketing presale smashes +$2,479,815 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 Aims to Revolutonize Bitcoin Mining Against 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 mould, 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 $2,479,815 raised towards its $3M goal. At a competitive price of just $0.0111 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.