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99Bitcoins token (99BTC) raises over $1.5 million in its presale, drawing significant interest for its learn-to-earn model.
99Bitcoins token (99BTC), a newly launched learn-to-earn cryptocurrency, has raised over $1.5 million in its presale as interest in its use case soars. 99Bitcoins is one of crypto’s most established platforms, providing top-quality news and content surrounding Bitcoin and the broader industry.
The 99BTC presale price is expected rise as the campaign advances, and there are just five days until the next uptick. It is currently available at $0.00106.
As Bitcoin verges on a new ATH, the market is regaining momentum, and the recent anticipation for Ethereum spot ETFs is only amplifying this excitement. This is all great news for the 99Bitcoins token presale.
Ethereum spot ETFs could ignite the next altcoin season
Bitcoin gained adoption among TradFi heavyweights following the approvals of its spot exchange-traded funds (ETFs) in January, and now Ethereum is moving toward the same destination.
ETF analysts from Bloomberg recently upped their odds of Ethereum ETF approvals from 25% to 75%, and the US Securities and Exchange Commission (SEC) has also nodded that they will likely approve the ETF applications.
Update: @JSeyff and I are increasing our odds of spot Ether ETF approval to 75% (up from 25%), hearing chatter this afternoon that SEC could be doing a 180 on this (increasingly political issue), so now everyone scrambling (like us everyone else assumed they'd be denied). See… https://t.co/gcxgYHz3om
— Eric Balchunas (@EricBalchunas) May 20, 2024
Spot Ethereum ETFs will likely bolster the Ethereum price and could trigger an altcoin season. This would prove beneficial for altcoins across the board, including 99Bitcoins token.
$ETH ETF is almost approved!Alts are about to go parabolic very soon.Buy alts now = buy $ETH at $900.$1k in right alts now = $100k+ by 2025.🧵: When and why alt season? 👇 pic.twitter.com/TFmygnYlfv
— 𝗰𝘆𝗰𝗹𝗼𝗽 (@nobrainflip) May 20, 2024
VanEck is the first provider with an ETF application up for consideration, with the SEC’s deadline for approval on May 23.
While the outcome remains to be seen, all signs point to an eventual approval, although the SEC may delay the decisions if Bitcoin’s ETFs are anything to go by.
Should the SEC follow a blueprint similar to its Bitcoin ETF decisions, it will likely approve all ETFs simultaneously to remove any unfair advantage.
Ethereum ETF excitement and the current bullish market conditions prime 99Bitcoins token for growth following its IEO. Solid fundamentals enhance its positive outlook. 99BTC powers the platform’s novel learn-to-earn layer, which rewards users for learning about cryptocurrency.
With modularized courses, quizzes, and videos available, the project provides a first-in-class resource with steadfast utility.
Indeed, as the crypto bull market advances and new entrants are drawn to the industry, high-quality education will be required, and there is no better place to start than with a platform that pays users to learn.
In addition to the favorable market conditions and 99Bitcoins token’s impressive fundamentals, the platform’s vast audience also contributes to its potential. While its news site dates back to 2013, its loyal readership is complimented by 700k YouTube and 2.8 million email subscribers.
Incentivized learning could be the future of education
Through the 2021 bull run, developers found that economically incentivized use cases like “play-to-earn” and “move-to-earn” could quickly create a buzz. But 99Bitcoins’ novel learn-to-earn layer presents a fresh and gamified spin on traditional education, helping keep users learning about crypto.
The more modules that users complete, the more XP they earn. This will help them climb up the project’s leaderboard and earn more crypto rewards. They will also unlock more educational content as they engage with the platform, thus increasing the potential to earn more crypto.
The Learn-to-Earn layer also places a considerable focus on multimedia content. This is because audio and video present a much more inviting experience, moving away from the daunting zeitgeist of textbook-based learning.
However, 99BTC is the entry fee for this new platform, with learners needing to hold the token to gain access. This aligns the token’s demand with the platform’s success.
The 99BTC token also has other utilities, making it an attractive offering on the market, as well as for platform users.
Analysts are taking note and speculating huge gains could follow its exchange launch.
99Bitcoins is cementing its legacy with BRC20 tokens
99Bitcoins’ history dates back to 2013, two years before the launch of Ethereum and the same year that CoinDesk launched. At the time, it was called BitcoinWithPayPal.com, but then switched to 99Bitcoins following a rebuke from PayPal.
But continuing its legacy as a frontrunner in crypto, 99Bitcoins is adopting the industry’s most cutting-edge technology. While its presale is under the ERC-20 token standard, its roadmap plans to migrate to Bitcoin’s BRC20 standard. This novel technology allows data to be directly “inscribed” into Bitcoin blocks.
The contemporary Bitcoin ecosystem has grown exponentially this year, and tokens like Ordi and Sats are leading the way, currently holding respective $875 million and $633 million market caps.
But judging by market sentiment, the trend of projects building on the Bitcoin network is just getting started.
Therefore, 99Bitcoins token presale comes in a timely manner, potentially at the birth of crypto’s next big narrative. The total market cap of Bitcoin’s BRC20 tokens is $2 billion, a far cry from Ethereum’s ecosystem’s $65 billion market cap, excluding ETH.
99k worth of BTC airdrop runs alongside 99Bitcoins token presale
Airdrops have become one of the most clear-cut ways to draw a crowd in crypto, and 99Bitcoins is giving away 99K worth of BTC in celebration of its presale. Instructions on how to gain eligibility can be found on the project’s presale website.
Through its community reward efforts, new approach to education, and the crypto market’s bullish landscape, 99Bitcoins token is well-equipped for continued results.
To learn more, visit the 99Bitcoins token presale.
Read more: Experts predict strong performance for 99Bitcoins presale
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