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Elon Musk’s $1B Crypto Move: An Influential Step

Renowned billionaire and entrepreneur Elon Musk, known for his involvement in cryptocurrencies and his influential presence, has made a significant move by applying for $1 billion in new capital for the artificial intelligence company X.AI.

Musk’s application to the US Securities and Exchange Commission (SEC) has triggered a response from Dogecoin, the popular meme token often influenced by Musk’s actions. Over the last 10 hours, Dogecoin (DOGE) has experienced a close to 24% price increase, reaching $0.100, according to data from CoinGecko.

The cryptocurrency market is currently experiencing dynamic fluctuations. Bitcoin, the leading cryptocurrency, surged above $40,000 in just a few days and surpassed $20,000 yesterday, injecting new life into the market. While Bitcoin-related tokens were in motion, substantial activity was observed in BRC tokens.

ORDI, the most prominent BRC-20 themed token, has achieved a milestone by surpassing a $1 billion market cap for the first time, sustaining its upward trajectory over the last month. As of now, ORDI boasts a market capitalization exceeding $1.2 billion.

The rise of Bitcoin above $44,200 has not only attracted attention to BRC tokens but also to various other projects related to BTC. Tokens like the Bitcoin ETF token, inspired by spot Bitcoin ETF applications, and Bitcoin Minetrix, offering seamless BTC mining, have become popular in presale coin offerings.


Bitcoin ETF Token Presale Reaches $3 Million

The presale of the Bitcoin ETF token, inspired by ongoing spot Bitcoin ETF applications—an influential topic awaiting the SEC’s decision, especially after Elon Musk’s capital application—is currently underway with a base of $3 million.

Observing discounted prices, the funds raised in the pre-sale have surged past $2.8 million and are swiftly approaching the $3 million mark. The project’s objective is to reward investors based on positive developments related to Bitcoin ETF applications.

Although the Bitcoin ETF token lacks an official connection to the leading cryptocurrency Bitcoin or spot Bitcoin ETF applications, events in the crypto world often influence each other, as seen earlier in this article. Acknowledging this dynamic, the project team aims to capitalize on the momentum surrounding spot Bitcoin ETFs for the benefit of investors.

The Bitcoin ETF token is conducting a 10-stage pre-sale event, with each stage witnessing an incremental price increase. Participants can currently acquire Bitcoin ETF tokens for $0.0064, with the price set to rise to $0.0066 in the next phase. The gradual price increase presents potential gains for investors.

This Ethereum-based ERC-20 token, the Bitcoin ETF token, also stands out with its staking features, offering investors the opportunity to earn passive income by locking up their tokens for a designated period. To date, over 275 million BTCETF tokens have been locked.

Investors who believe in the potential of spot Bitcoin ETFs have the option to purchase Bitcoin ETF tokens using ETH, USDT, BNB, MATIC, or card transactions.


Mining Solution Bitcoin Minetrix Presale Reaches $5 Million

Bitcoin Minetrix, a platform gaining significant attention, offers participants the ability to mine BTC without the need for technical expertise, expensive hardware, complex software, or mining contracts. Through a pre-sale event with discounted prices, the project has successfully raised $5 million, drawing interest with its BTCMTX tokens that facilitate effortless, cost-free, and decentralized mining.

In this innovative system, participants stake BTCMTX tokens in exchange for cloud mining loans, utilizing a unique Stake & Mine theme. Cloud mining credits are burned during the mining period, and the resulting BTCs are transferred to the investor’s wallet upon completion.

Built on the Ethereum blockchain, known for transparency and security, Bitcoin Minetrix empowers participants to shape the project’s future. BTCMTX token holders play a role in steering the progress of the decentralized ecosystem.

The project also provides opportunities for passive income. Through the Stake & Mine feature, BTCMTX token holders earn rewards for locking up their tokens. The dashboard on the project page indicates that over 344 million Bitcoin Minetrix tokens have been staked so far, with an estimated annual percentage return (APY) in the range of 121 percent.

Bitcoin Minetrix supports 24/7 mining with both mobile and desktop control panels. Additionally, the platform features an airdrop event worth $30,000, where participants completing specific tasks have the chance to be among the 30 winners sharing a total of $10,000.

Investors interested in purchasing Bitcoin Minetrix tokens can participate in the presale using ETH, USDT, BNB, MATIC, or card transactions.


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