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SatoshiVM (SAVM) is making a big impact in the crypto market due to its gains. The SAVM coin is a new entrant to the market and has gained nearly 4 percent since its launch on Friday, January 19. SatoshiVM team also comes to the fore with its sales.
According to a post by on-chain data tracking platform LookOnChain, a wallet affiliated with the SatoshiVM team is selling SAVM tokens. The post stated that the 0xfdac wallet address recently received 420 thousand SAVM tokens worth $4.7 million from the SatoshiVM team.
The wallet then transferred 189,700 SAVMs worth $2.12 million to 24 new wallets. According to Etherscan data, the wallet owner sold 124 thousand 739 SAVMs in exchange for 504 Ethereum (ETH) tokens worth $ 1.24 million. These whale transfers total $3.36 million.
On Saturday, January 20, more than 1.2 million SAVM tokens were transferred to the wallets of some influencers. The transfer worth $10.5 million was directed to 248 wallet addresses. Some analysts expressed surprise at this situation, as this transfer constituted 11 percent of SAVM’s total supply.
Such significant transfers often trigger notable price movements for the token in question, encouraging market participants to closely monitor subsequent developments. Investors are trying to be wary of pump-and-dump strategies. Newly released cryptocurrencies whose value suddenly increases may cause suspicion.
While the cryptocurrency market is abuzz with the rapid entry of Ethereum-based SatoshiVM (SAVM), we know whales are keeping a close eye on the two projects. Bitcoin Minetrix token purchase and Launchpad XYZ token purchase manage to impress crypto lovers with the advantages and innovations they offer. Let’s take a closer look at the details of these presale coins.
Bitcoin Minetrix (BTCMTX) – Project that Makes Entry to BTC Mining Easier
Bitcoin Minetrix aims to usher in a new era of BTC Mining with its stake-to-mine Mechanism. Its pre-sale exceeded $9 million in a short time, and according to many analysts, it has already become a successful coin. Based on Bitcoin Minetrix’s pre-sale performance, the project is likely to see huge demand this year and into the future.
One of the main factors in its success was that investors realized that the project largely eliminated the main hurdles of crypto mining. BTCMTX, the native token of the project, can be staked in exchange for the cloud mining power required for Bitcoin mining. Bitcoin Minetrix thus puts an end to high hardware and electricity costs. It opens the door to mining to a much wider audience of investors.
Bitcoin Minetrix’s stake-to-mine protocol also motivates long-term holding of BTCMTX. At the time of this writing, the platform offers attractive annualized returns (APY) of 72 percent. Looking at the number of staked tokens, more than 575 million BTCMTX tokens have currently been staked.
As more stakers join the project, the APY will gradually decrease, providing the biggest benefit to investors who joined earlier. This rule is known to investors, so those who are already convinced about purchasing BTCMTX tokens are trying to act quickly to optimize their crypto income as soon as they get the opportunity.
Investors can purchase the native token at discounted prices at $0.013 using ETH, USDT or credit/debit card. There is very little time left for prices to rise. For this reason, investors who want to start Bitcoin mining are recommended to act quickly.
Launchpad XYZ (LPX) – Analysis Platform Aiming to Establish Its Own Stock Exchange
The team at Launchpad XYZ, a blockchain-based crypto project, is working on a control panel that simplifies the Web3 world. Users will be notified of upcoming crypto presales. They will have basic information about the projects available in the markets and will be able to analyze them; They will also be more informed about important developments in the roadmap.
All this will be achieved by providing real-time market information, expert opinions and analysis on a single platform. The Launchpad XYZ platform also aims to provide access to exclusive pre-sales and the latest NFTs.
Launchpad XYZ’s unique Web3 control panel will help you adapt to the crypto markets and investment world as easily as possible. Thanks to the platform’s unique tools, crypto investors will be able to make informed investment decisions.
Launchpad’s native token is LPX and the token has many use cases. Only those who purchase and stake Launchpad XYZ tokens can access the platform’s premium features. Those who stake at least 10 thousand LPX tokens for 90 days can benefit from discounted transaction fees. Additionally, staking provides guaranteed access to the latest NFTs, allowing investors to purchase new collectibles at the lowest possible prices.
Another extraordinary initiative will be Launchpad XYZ’s own decentralized exchange. Additionally, it aims to provide early access to play-to-play (P2E) games. Thus, users will be able to better follow the progress of the game. They will be able to make an informed decision about purchasing in-game items.
Click to review Bitcoin Minetrix token.