$BTC halving in 14 days! But 99% of people underestimate the halving effect of this cycle.
Many coins will explode 10-100x in the next two weeks.
- Why is it so huge?
- How to capitalize
- Top $BTC ecosystem with low market cap and 100x potential
There is a lot of hype surrounding the Bitcoin halving, but many underestimate its potential impact in this cycle.
The 2020 halving did not have a significant impact on the Bitcoin ecosystem; instead, attention shifted to DeFi on EVM chains, especially Ethereum.
But this time things will be different, here’s why ⇩
➜After 4 years, $BTC has grown into a huge and growing ecosystem.
Much of this growth is thanks to Ordinals, which gave rise to the BRC-20 ecosystem (also known as BRCfi).
✓Therefore, the upcoming halving is expected to have a significant impact on the entire Bitcoin ecosystem.
If you don’t fully understand the halving, here is a brief introduction to the key information.
Every 4 years, the entire community discusses the $BTC halving.
✔Mark your calendars: the halving is scheduled for April 20, 2024.
➤Want to know what this means for you?
◢Block halving event: As part of the issuance of Bitcoin currency, miners will receive a certain amount of Bitcoin as a reward every time a block is generated (approximately every 10 minutes).
The block reward is halved approximately every 4 years or after every 210,000 blocks are mined.
This halving will continue until the reward per block is reduced to 1 Satoshi.
Currently, the block reward is 6.25 bitcoins per block. After the halving, this reward will drop to 3.125 bitcoins per block.
Halving is an integral part of the economic model of cryptocurrencies ($BTC or otherwise).
It is responsible for:
1. Stable issuance rate of new coins
2. Further standardization of currency
Key facts:
◎There will be 32 halvings in total, and the last halving is expected to occur around 2140.
◎When Bitcoin was first created, miners received a reward of $50 in $BTC for each block they produced.
◎The most recent halving occurred on May 11, 2020. The current block reward is 6.25 $BTC and will be reduced to 3.125 $BTC.
◎After halving, the asset price usually reaches a peak and then shows a downward trend.
◎The total output of Bitcoin is set at 21,000,000.
◎The mined bitcoins account for 92.91% of the total number of bitcoins.
◎As of today, approximately 5 million $BTC is considered irretrievably lost due to user reckless behavior.
◎Forecasts show that large investors will mainly benefit from the production cuts, while most small retail investors may exit the market.
◎According to Coin Desk, the world’s 16 largest listed mining companies account for 16% of the total hash rate.
◎The production cost of 1 $BTC for a large company is $15,000.
◎ cz_binance predicts that one year after the halving, the BTC price will reach new highs several times.
◎In addition to Bitcoin, these altcoins also experienced halving: Bitcoin Cash $BCH, Zcash $ZEC, Bitcoin SV $BSV, and Litecoin $LTC.
The halving is undoubtedly a significant event for the entire industry.
➜In addition, markets tend to be cyclical and history will repeat itself.
➜With the halving just around the corner, and only 14 days left, it’s important to prepare for a potential massive boost in the $BTC ecosystem.
✓To help you through this period, I have compiled a list of the most promising projects in the BRC-20 ecosystem that may produce impressive results in the coming weeks.
1) BVMnetwork - $BVM - $40 million MC
The Bitcoin Virtual Machine is a groundbreaking modular blockchain meta-protocol that allows you to deploy your own Bitcoin L2 blockchain protocol in just a few clicks.
They allow you to:
➜Issue your own governance token
➜Raise funds for your project through crowdfunding
➜Use DAO to run community-driven projects
A good example of a Bitcoin-based L2 launched by BVMnetwork is NakaChain $NAKA
2) Multibit_Bridge - $MUBI - $95 million MC
Multibit Bridge facilitates secure token transfers between the ETH, BNB, and BTC networks, thereby increasing BRC20 token liquidity and growth of the Bitcoin ecosystem.
➜DEX for $ORDI tokens, using AMM for liquidity and seamless swaps.
➜ Ordinals AMM adjusts token prices based on transaction dynamics.
➜Stake $MUBI to contribute to the security and stability of the network while receiving additional $ORDI tokens as rewards.
3) OrdiswapLabs - $ORDS - $75M MC
Dex integrates BRC20 token AMM infrastructure, unlocking liquidity of the $BTC native layer and supporting SRC20 tokens.
Through a seamless cross-chain bridge experience, $ORDS addresses a gap in the $BTC space, enabling more users to take advantage of it.
➜ Uniswap for Bitcoin (Exchange, add liquidity and earn yield)
➜ Launchpad and cross-chain swaps are coming soon
➜Establish partnerships with major BRC-20 projects such as BVMnetwork, build_on_bob, BefiLabs, etc.
4) bssbstable - $BSSB - $10 million MC
The BitStable protocol allows anyone to create $DAII stablecoins based on Bitcoin collateral, enhancing liquidity through a dual token system and cross-chain compatibility on the Bitcoin blockchain.
➜Mint $DAII by staking BRC20 $ORDI tokens
➜Pledge $DAII to farm $BSSB only on the Bitcoin network
➜ $BSSB is the protocol governance token and is also used for incentives
5) Ordibank - $ORBK - $10 million MC
Ordibank combines Compound Finance and Bitcoin L1 to facilitate lending and borrowing of BTC, Ordinals, and Atomicals. It offers competitive pricing, additional income opportunities, and expands DeFi on Bitcoin.
➜ $cBTC1 connects native Bitcoin to Ordibank money markets
➜ $cBTC2 facilitates lending within Ordibank
➜ $ORBK is used for governance of the Ordibank platform, local fee accumulation, user discounts and rebates
6) BefiLabs - $BEFI - $50 million MC
BRC20 Trading Terminal integrates seamlessly with MetaMask and other wallets, enabling instant and zero-fee transactions for BRC20 tokens
➜Hold $BeFi and the transaction fees on its platform are as low as zero
➜Use $BeFi to pay in-app fees to ensure seamless transactions
➜Early project access within the ecosystem and BRC20 airdrop
7) SatoshiSync - $SSNC - $120 million MC
SatoshiSync is the first to establish a permissionless inscription market on BRC20, enabling easy bridging to ERC20 and enhancing liquidity.
No coding required, it enables users to create cross-chain marketplaces on Ethereum, Solana, and more using InscripSync and Satoshi Router.
➜Earn income through cross-chain fees on the SatoshiSync platform.
➜ Deflationary token economics through buybacks and burns.
➜Stake $SSNC tokens to receive BTCFi token rewards.
8）bounce_bit — $BOUNCE
The first native $BTC re-collateralization chain, secured by staking BTC and BounceBit tokens.
The Proof of Stake (PoS) mechanism combines native $BTC security with full EVM compatibility.
➜ CeFi and DeFi generate income in parallel
➜Re-stake BTC through LSD for on-chain farming and earn CeFi income at the same time.
➜Node operation rewards and opportunity income from on-chain applications.
➜Visit the Bounce Launchpad.
coming soon.
9）Photon_L2 — $PTON
Photon is a decentralized, low-cost, builder-friendly Bitcoin L2 powered by BVM and Celestia to scale Bitcoin’s next-generation on-chain ecosystem.
Photon was incubated by SatoshiSync, which aims to gradually create an inclusive Bitcoin crypto-economy that is accessible to everyone.
coming soon.
summary
The Bitcoin ecosystem is booming and cannot be ignored.
Recently, the region has seen major infrastructure development and strong projects that will deliver impressive results in the upcoming period of high growth.
