Is Bitcoin Too Expensive? 2 New Altcoins Favorite of Whales Who Find Bitcoin Expensive

Bitcoin offers exciting days for cryptocurrency enthusiasts. The leading cryptocurrency reached its highest level since May 2022, rising to the 37 thousand dollar range.

Bitcoin, which has been at the same levels for a long time and has not created much excitement, is exciting investors with its recent rise. In the upward movement called the October rally, Bitcoin reached the level of 35 thousand dollars due to speculation about spot Bitcoin ETF applications.

Bitcoin, which could not overcome the resistance level of 35 thousand dollars and even declined slightly, became active again. According to CoinGecko data, BTC has increased by around 7 percent in the last 24 hours and exceeded 37 thousand dollars. As of the time this article was written, Bitcoin is traded at $ 37 thousand 629.

Speculations about important players in the financial sector were effective in Bitcoin reaching its 18-month peak. It has been claimed that claims that the US Securities and Exchange Commission (SEC) will approve spot Bitcoin ETF applications encourage professional investors to enter the crypto sector.

Despite speculation, there is no clear answer yet regarding spot Bitcoin ETF applications, which is an important step towards greater distribution and acceptance of the digital currency. However, it seems that even rumors about approval are enough to cause Bitcoin to rally.

Despite the sensational price increase, the BTC price remains around 45 percent below its all-time high. Although it has not reached the expected levels, some investors still find the BTC price expensive.

Recently, two projects have been on the radar of crypto whales who find the Bitcoin price expensive. Bitcoin-inspired Bitcoin ETF token and Bitcoin Minetrix token presales are attracting intense interest from investors.

Bitcoin ETF Token Gains Momentum

While speculation about spot Bitcoin ETF applications is supporting the BTC price, a project that anticipates what will happen is launching the Bitcoin ETF token, which is the embodiment of this excitement.

Developed by a team that wants to be prepared for the excitement in the market if the SEC approves it, Bitcoin ETF token wants to provide profits to its investors with the excitement of spot Bitcoin ETF.

The project, which meets with investors who want to buy Bitcoin ETF tokens at discounted prices, seems to be pleased with the intense interest shown in the pre-sale event it organized. It is noteworthy that more than 150 thousand dollars have already been collected in the pre-sale that has just started.

How to Buy Bitcoin ETF Token?

Inspired by Bitcoin, the Bitcoin ETF token appears as an ERC-20 token built on the Ethereum blockchain. BTCETF token, which is offered to investors with a phased pre-sale event, has a supply of 2 billion 100 million tokens.

There are 84 million tokens in each stage of the 10-stage pre-sale, and the earlier stage investors buy Bitcoin ETF tokens, the more profit they have the opportunity to make.

The price of the Bitcoin ETF token, which is offered for sale at $ 0.0050 in the first stage, increases to $ 0.0068 in the final stage.

Bitcoin ETF token, which also stands out with its staking features, can be purchased in exchange for ETH, USDT, BNB and MATIC. Investors can also invest in BTCETF token using card transactions.

BTC Mining Solution Bitcoin Minetrix Attracts Attention

Bitcoin Minetrix, which offers effortless, cost-free and decentralized BTC mining, attracts great interest from whales who find the price of Bitcoin expensive. The platform, which brings together staking and cloud mining mechanisms, attracts attention with its pre-sale event.

The platform makes it possible to mine BTC without the need for any hardware or mining contracts through a control panel accessible via mobile or desktop. Users only need to purchase Bitcoin Minetrix tokens to mine.

Investors who purchase BTCMTX tokens at discounted prices through the pre-sale event stake these tokens in exchange for cloud mining credits. Obtained mining credits are burned during the determined mining period. The resulting BTCs are transferred to the investor’s wallet.

The project, which offers the opportunity to mine BTC without any expense, from the risk of fund loss to the energy solutions required for mining, plans to bring a new perspective to cloud mining.

Bitcoin Minetrix Pre-Sale Approached $4 Million

Funds collected in the Bitcoin Minetrix token pre-sale, which allows users from all walks of life to mine BTC, exceed 3.7 million dollars.

There is a gradual price increase in the fast-moving pre-sale. Crypto enthusiasts who invest early have the opportunity to make profits even before stock exchange listings occur.

At the current stage of the Bitcoin Minetrix token pre-sale, BTCMTX tokens are offered for sale at $ 0.0115. While the token price is aimed to be 0.0116 dollars in the next stage, the price rises to 0.0148 dollars in the last stage.

In the pre-sale event, which started on September 26 and progressed very quickly, investors can invest in Bitcoin Minetrix token using ETH, USDT, BNB, MATIC and card. There is a minimum investment requirement of $10 in the pre-sale event.

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