This article covers the successful presale of the 99Bitcoins token, which raised $2.6 million despite the bear market, and explores the potential impact of the token’s launch on exchanges.
Points
- Overview of the 99Bitcoins token presale and its success.
- Analysis of the bear market conditions and presale performance.
- Potential impact of the token’s launch on exchanges.
- Future prospects and strategic considerations for investors.
Final day of 99Bitcoins’ presale – token defies bear market, raises $2.6M
The 99Bitcoins token presale, which has raised $2.6 million, ends today. This marks the last chance to buy at a fixed price before it lists on exchanges.
Now, the 99Bitcoins token presale is in its final day, having raised $2.6 million so far. This is the final chance to buy 99BTC at a fixed price before it becomes available on exchanges.
Crypto flash crash, but prices ready to soar
A domino effect beginning with last week’s U.S. labor market data has caused despair in financial markets.
With U.S. unemployment rates coming in higher than expected, at 4.3%, jitters about an impending global recession started to creep in.
On Monday’s Nikkei stock market open in Japan, prices tumbled, and now apprehension is growing on the impact on Wall Street’s open later today.
With the NASDAQ trading closed, much of this volatility has prevailed in the crypto market, with the sector’s total valuation plummeting 13% in the past 24 hours.
Bitcoin briefly tested $48K, Ethereum touched $2.1K, and many altcoins retraced even more. But hope is not lost.
The U.S. Federal Reserve is stepping in with an emergency meeting, slated to cut interest rates by between 0.25 and 0.5 basis points.
That’s provided traders with some much-needed optimism, causing bulls to scoop the lows and pushing BTC to $52K.
Should the U.S. slash interest rates by 0.5%, a lot of new liquidity would be unlocked, and the current discounts would unlikely last long.
https://twitter.com/MartiniGuyYT/status/1820339399369826382
Despite the all-out market turmoil, traders continue accumulating 99Bitcoins token at presale.
Having recently cleared the $2.6 million mark, it seems they do not care about external factors.
That’s because when 99BTC launches on exchanges, it’ll be in its opening day and immediately enter price discovery. It will launch at a low price and be the first time many investors can buy it.
99Bitcoins’ learn-to-earn could change everything
Gone are the days of lack
- luster crypto education – 99Bitcoins is changing the crypto learning landscape.
The presale is raising funds to build a learn-to-earn platform that pays users to learn about cryptocurrency. Users will earn 99BTC tokens for completing courses and quizzes.
99BTC offers multiple utilities, such as staking and access to trading signals, BRC-20 tools and education, a VIP community group, and much more. Such a use case has unimaginable potential.
Picture this: The Fed cuts interest rates, and prices start to rally. Bitcoin creates a new all-time high and pushes toward $100K.
Everyday people start taking notice and want in. Historically, there was a big barrier to entry. Crypto is complex and full of jargon, which is enough to put most people off.
However, 99Bitcoins is a game-changer. Industry newcomers will get paid while learning. It’s a concept that is likely destined for mass adoption.
Advance through the #99Bitcoins curriculum and engage with our community to earn tokens directly into your #Ethereum wallet.
Redeem $99BTC tokens for exclusive content, discounts on partner products, and access to special events. 🔥
https://twitter.com/99BitcoinsHQ/status/1782771517614354720
And let’s not forget Bitcoin and Ethereum ETFs are now trading. That could be another massive boost for crypto’s liquidity in the coming months, which helps draw people to 99Bitcoins.
And right now, top analysts are bullish on 99Bitcoins token. Crypto Boy told his 44K followers he thinks it could 50x. He backed up this prediction by hailing the project’s use case and saying it is significantly undervalued.
But time is running out for those yet to buy. The presale ends in 24 hours, and latecomers will have to purchase on exchanges. However, once it launches on exchanges, its price will be determined by supply and demand. This is when it might rise. Don’t miss the current presale price of $0.00116.
For more information, visit the 99Bitcoins presale website or follow the project on Telegram and X for the latest updates.
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解説
- Presale Success: The 99Bitcoins token presale’s success, raising $2.6 million despite bear market conditions, underscores investor confidence in its innovative learn-to-earn platform.
- Market Resilience: The ability of the presale to thrive amidst market volatility highlights the potential for niche projects to attract investment and interest even in challenging times.
- Learn-to-Earn Model: The learn-to-earn concept positions 99Bitcoins as a game-changer in crypto education, providing an accessible entry point for newcomers to the industry.
- Future Prospects: As 99Bitcoins prepares for its exchange launch, the token’s unique utility and the broader market conditions could drive significant price appreciation and mass adoption.