Today, the issue of further development of the main cryptocurrency on the market worries many people. The reason for the general concern was first the prolonged period of stagnation, and then the gradual decline in the price of BTC. Moreover, recently the whole industry of digital finance is under strong pressure from the US Federal Reserve and the Securities and Exchange Commission. Experts expect a new drop in prices if the measures of regulatory bodies continue to tighten.
However, some experts remain positive. First, this is due to Grayscale’s bid and growing confidence in BTC’s imminent jump. Secondly, the attention of many investors is now focused on the so-called “green” bitcoin. This article looks at the prospects for these two cryptocurrencies. It also answers the question of whether it is worth investing in them.
Bitcoin BSC is a new stealth cryptocurrency with impressive annualized returns
Many people today regret not investing in bitcoin in 2011. However, investors are now being offered a new opportunity to purchase a promising cryptocurrency that also has a passive income option. Bitcoin BSC is a greener version of the well-known bitcoin. The project has already attracted about $1.5 million on the pre-sale, and its cost does not exceed $0.99.
According to the developers’ claims, the new token not only has the prospects of the original bitcoin, but is also equipped with a number of improvements. In addition to a favorable and fixed value, the coin has a steaking mechanism that allows holders to earn cryptocurrency and increase their passive income. It is also characterized by low gas commissions and high transaction speed. Now everyone has not only the opportunity to purchase a coin with great potential, but also to earn on the cryptocurrency blockchain.
Another plus of the project is its tokenomics. The developers made a choice in favor of public sales and did not reserve assets for insiders. Thus, investors will be able to buy about 6,125,000 tokens (29%) at the presale. 14,455,000 will go to them as a payable staking fee (69%). At the same time, the coins will be credited every 10 minutes – the smart contract of the project fully repeats the release schedule of the original BTC.
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Within the framework of the pre-sale, the developers plan to hold only two stages. The first will last until reaching the “soft” limit of 4 million coins, and the second involves the purchase of an additional 2.1 million tokens.
Buying coins on the official website of the project is very easy. It is enough to connect a cryptocurrency wallet with ETH and USDT or pay for assets with BNB. It is important to note that the cost of $BTCBSC is only $0.99.
Pros:
- The total supply allows for rewards to be paid out to users for 20 years.
- Accessibility – you can purchase assets using ETH, USDT and BNB as well as using a regular bank card.
- Low and uniform cost of koin at all stages of presale.
Bitcoin Forecast for September
After being in a kind of “stagnation” for a long time, BTC can now be observed its slow and gradual decline. According to CoinMarketCoin, today the price of Bitcoin is $25.7 thousand. However, in total, the asset has lost more than 11% over the past 30 days.
Such a fall is explained by some experts as an approaching bearish trend. In addition, many cryptocurrencies began to become cheaper against the background of the introduction of more stringent restrictive measures on the part of the US Federal Reserve and SEC. It should also be noted that rising inflation within the United States has a negative impact on the development of even the most stable digital currencies.
However, not everything is so bad. Well-known analysts Rick Edelman and Arthur Hayes claim that bitcoin has every chance to regain its former positions and even start growing again.
On September 5, Hayes strongly stated that BTC is waiting for a new impetus in the next six months or a year. The expert believes that the coin will begin to grow in value on the background of news about the launch of a special Fed program to help Silicon Valley Bank. However, before starting to move upward again, the asset may fall to the critically low mark of $20,000. According to him, everything will depend on the reaction of the community and the amount of money invested in bitcoin. This suggests that investors should not expect a striking increase in the price of BTC in September. At best, it will continue to vary within the range of $22-25 thousand. Nevertheless, in October the situation may change radically, and BTC may rise to about $30 thousand.
Meanwhile, Rick Edelman believes that bitcoin has every reason for gradual growth to reach the $150,000 mark by 2025. At the same time, some analysts are already discussing its upcoming rally. They cite Grayscale’s victory over the US Securities and Exchange Commission as a decisive argument. There is growing confidence in the community that this event can become a “springboard” for further BTC price rise.
Three reasons to pay attention to Bitcoin BSC
As already mentioned, Bitcoin BSC is a new crypto project that appeared on the market in early fall. The developers position it as a successor to Bitcoin, but emphasize that it differs from the original in many important parameters.
The official website talks about a more environmentally friendly approach in the creation of the coin. That is why Bitcoin BSC offers low gas commissions and high speed of conducted transactions.
Experts also call for attention to the presence of the BNB Smart Chain smart contract. This protocol makes the project more secure, reliable and transparent, as it was built on Ethereum code. It was originally created by the Binance platform to preserve the effect of decentralization and expand the existing ecosystem. Now, with BNB Smart Chain, new mechanisms can be integrated and transaction fees can be minimized as much as possible.
It should also be noted that the key feature of $BTCBSC is its affordability. Firstly, the developers do not plan to increase the value of the asset until the final pre-sale, so it can be purchased for less than one dollar before the listing. Secondly, the official website of the project offers connection of such popular wallets as Trust Wallet and MetaMask. This approach makes storing coins much easier and more convenient.
Wrapping up
The market of digital assets is currently experiencing quite challenging times. The degree of volatility of many cryptocurrencies continues to increase due to constant attempts to regulate them. Bitcoin has gone from stagnation to a systematic decline. At the moment, it is very difficult to predict how it will develop in the future.
A number of authoritative experts are confident that very soon, as early as in October, a BTC rally will take place, in which the asset will rise to $30,000. At the same time, others believe that in early fall, the price of BTC may fall to a minimum of $20,000.
Due to such uncertainty, many investors are paying attention to Bitcoin BSC, which is considered a greener alternative to the large coin. The asset is currently on presale and is trading at a fixed cost of $0.99.
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Author: Saifedean Ammous, an expert in cryptocurrency economics.
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