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As the crypto market strengthens, a new Bitcoin-related presale is emerging on the Ethereum network. It is called Green Bitcoin, and it recently crossed the $2 million total raise mark as investor interest accelerates.
The presale has raised $1 million in the last seven days, illustrating a vast market appetite thanks to its novel use case and robust tokenomics.
Its presale price will incrementally increase as the campaign advances, sparking urgency among investors. The next uptick will occur in four days, leaving little time to secure the best price.
Bitcoin on Ethereum: Green Bitcoin’s Boundless Capabilities
As its name suggests, Green Bitcoin is an eco-friendly alternative to Bitcoin, drawing the attention of ESG-aware institutions and eco-conscious retail investors.
In contrast to Bitcoin’s mining model, Green Bitcoin is built on Ethereum and distributes its token rewards via staking, a significantly more eco-friendly alternative to mining.
Yet, environmental-friendliness is far from Green Bitcoin’s only advantage. Since Green Bitcoin is native to Ethereum, the project boasts smart contract capability, opening it to many different use cases.
Its cornerstone feature is “predict-to-earn,” a novel mechanism inviting users to guess whether Bitcoin’s price will rise or fall the next day.
Winners can accrue up to 100% bonuses, making the feature highly desirable and bolstering Green Bitcoin’s community participation potential.
Users must stake $GBTC to access the predict-to-earn mechanism, providing $GBTC with a steady demand stream.
In addition to accessing the prediction feature, staking also provides holders with passive rewards. Currently, stakers can garner a 176% APY, but this will decrease as the staking pool grows.
3,282,353 $GBTC has already been staked, signifying a vote of confidence in the project’s long-term potential.
Furthermore, being native to Ethereum means that Green Bitcoin could be integrated into other ecosystem applications. For instance, it could be used in DeFi or gaming applications.
Overall, Green Bitcoin’s inherent utility and compatibility with other Ethereum-based dApps marks a distinct advantage over the original Bitcoin, likely contributing to its monumental presale success.
Prominent Analyst Says 100X Gains Are at Play
Green Bitcoin is highly anticipated by the market, with investors, analysts, and media outlets all backing it.
In a recent YouTube video, Michael Wrubel told his 310K YouTube subscribers that he “went all in” on the presale.
Meanwhile, Crypto Jogi says that the project has “100X potential,” referencing its gamified prediction market and low presale price as reasons why.
Green Bitcoin has also caused a stir among mainstream crypto media outlets, featured in
Cointelegraph, Bitcoinist, Inside Bitcoins, and many more.
This ubiquitous enthusiasm for Green Bitcoin reflects its ability to garner excitement, bolstering its chances of success following its exchange launch.
Green Bitcoin Tokenomics and Presale
According to its website, 50% of the $GBTC supply is earmarked for the presale. A further 20% is allocated to staking rewards, 10% to community rewards, 7.5% to exchange liquidity, and 12.5% to marketing.
In line with Bitcoin’s core philosophy, this puts 100% of $GBTC tokens in the community’s hands, enabling long-term, organic price action.
The current Green Bitcoin presale price is $0.6502, but this will rise incrementally as the campaign advances, with the next uptick occurring in four days.
Factoring in its decreasing staking APY, the Green Bitcoin presale favours early adopters, so market participants should act fast.
Follow Green Bitcoin on X or join its Telegram community to stay updated on the latest news and developments. Alternatively, visit the Green Bitcoin website to buy and stake $GBTC tokens.