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One of the most striking events of recent days in the crypto world was the fake PUMP coin scam.
A Chinese group made huge profits in a short time with the fake coin they released under the name Big Pump (PUMP). This project, which raised more than 280 million dollars with its pre-sale, turned out to be a fraud scenario known as rug pull in the crypto markets.
Crypto analysis firm Lookonchain tracked down the first account to trade on-chain. The first account to purchase PUMP on-chain received 702 BNB ($407k) in less than 10 minutes. This gave a return of 234 percent. He spent 300 BNB ($174k) to buy 45.87 billion PUMP and immediately sold it for 1,002 BNB ($581k) within 10 minutes.
The first sniper to buy $PUMP on-chain has made 702 $BNB($407K) in less than 10 minutes, a return of 234%.
He spent 300 $BNB($174K) to buy 45.87B $PUMP and immediately sold it for 1,002 $BNB($581K) within 10 minutes.https://t.co/4klrRFDiy5 pic.twitter.com/O1F29NRsuh
NEWS CONTINUES BELOW— Lookonchain (@lookonchain) March 25, 2024
In crypto, rug pull is known as a theft mechanism where the developers of a crypto project eliminate all liquidity in the project, rendering the token worthless. This latest incident once again reminds crypto investors that they should carefully examine every project and be cautious about promises of getting rich quickly.
According to sponsored content, whales are turning to two altcoins that pass audits. Green Bitcoin (GBTC)attracts the attention of many crypto investors with its environmentally friendly practices. Bitcoin Minetrix (BTCMTX) aims to make Bitcoin mining accessible to every investor. In this sponsored article, the details of the project are conveyed.
Green Bitcoin (GBTC) – Project Aiming to Make Money with Bitcoin Prediction Games
Purchasing Green Bitcoin token is a new alternative to traditional cryptocurrencies such as Bitcoin with its sustainable structure and gamified staking mechanism. Recently, many environmentally conscious investors have criticized traditional cryptocurrencies’ dependence on high energy. Green Bitcoin is the address for those who want to choose a green cryptocurrency project.
Native token GBTC offers its investors a variety of passive and active income generation opportunities. It promises to bring profit to its investors with both staking and Bitcoin price prediction games. Additionally, it is very important that the project’s proof-of-stake mechanism supports environmental goals, in stark contrast to Bitcoin’s energy-consuming proof-of-work system.
In addition, purchasing Green Bitcoin means going through transparent and accessible processes that are tangible in terms of pledging and claiming rewards. The development stages detailed in the project roadmap – from the launch of pre-sales to the launch of the decentralized exchange and community development are absolutely open to everyone.
After completing the first phase, the Green Bitcoin initiative is preparing for the second phase. The project has raised more than $9 million so far and offers an incredible 75 percent APY for those looking for passive income.
The pre-launch price of the coins is quite low, with one GBTC token currently selling for $1.1062. This can be a very convenient entry point for investors. For those who want to make the annual return their own, there are also those who are considering purchasing the coin with Ethereum and connecting it this way.
Cryptocurrency analyst ClayBro, who has 123 thousand subscribers, draws attention to this new project, namely the pre-sale of Green Bitcoin (GBTC), in his YouTube video. It calls on investors to join the eco-friendly ecosystem before the market launch.
This innovative project gamifies the Bitcoin trend prediction process, offering exponential rewards through its platform. Purchasing GBTC tokens can be done simply with the help of ETH, USDT, debit card or BNB. Thus, it can reach a wide audience.
Click to view Green Bitcoin token from its official website.
Bitcoin Minetrix (BTCMTX) – Project Trying to Capture Bitcoin’s Success with Cloud Mining
Purchasing BTCMTX token offers individual investors the promise of quick entry into the mining industry and gaining a solid place in this industry. Since Bitcoin is at its peak and can still climb the price curve, investors are expecting huge profits in both the cryptocurrency and traditional asset markets. Bitcoin Minetrix hopes to gain a place for itself in this framework with its cloud mining project.
Bitcoin Minetrix has a unique Stake-to-Mine mechanism. Users can receive Bitcoin rewards by staking BTCMTX tokens. BTCMTX’s innovative approach opens Bitcoin mining to every single investor by removing the need for expensive mining equipment and serious technical expertise from the formula.
Based on the Ethereum blockchain, the Stake-to-Mine model offers a user-friendly interface for users to easily participate in Bitcoin mining. Users can earn significant returns when they stake BTCMTX tokens. At the time of writing, the current APY is 55 percent.
This mechanism not only encourages participation, but also encourages long-term holding of BTCMTX coins. It has the potential to attract even Bitcoin whales.
Cryptocurrency analyst Jacob Bury raises the possibility that Bitcoin Minetrix could be the next 10x potential cryptocurrency. Because he thinks Bitcoin Minetrix has significant growth potential ahead of the expected halving.
The coin has also received support from crypto educator Austin Hilton. Hilton explained that he sees BTCMTX as a reliable token that can easily redraw the cryptocurrency mining map.
Click to review Bitcoin Minetrix token from the official site
Source : Green Bitcoin, Bitcoin Minetrix