A new one has been added to the world-famous phenomenon known as “The Simpsons Prophecies”. In the episode of “Treehouse of Horror His sister, Marge, went on various adventures in a blockchain-supported universe to save him.
Although it was considered a parody, many references were made to the NFT world in this episode of the series, which faced a series of surprising comments known as the Simpsons prophecies because it dealt with real-life events long ago.
The episode included references to many iconic NFT collections and artists, including Bored Ape Yacht Club and Beeple. In the episode, the producers also poked fun at the speculative nature of some NFTs.
Father Homer, who was initially devastated when Bart digitized an inappropriate photo of him, was then ecstatic when he saw the $1.5 million value of the NFT in question.
After the broadcast of this episode of the series, BAYC NFT base prices, one of the most popular collections, increased by 1.59 percent within 24 hours. However, despite the Simpsons effect, prices remained well below the peak.
The NFT references in the episode brought to mind the NFT craze of recent years. The NFT market, which took the crypto world by storm in 2021 and 2022, recorded a great rise and the monthly transaction volume reached 2.8 billion dollars. However, this crazy rise lost its effect by 2023 and it was stated that 95 percent of NFTs had no value.
When we look at today’s market, spot Bitcoin ETF applications are one of the issues that attract the attention of investors. A new crypto project launched during this period when many companies, especially BlackRock, are awaiting approval from the regulatory body, aims to get its share of the wind of the spot Bitcoin ETF news.
What is Bitcoin ETF Token?
The Bitcoin ETF token, implemented with the BTCETF token, is an ERC-20 token built on the Ethereum blockchain, known for its security. The token was created inspired by the spot Bitcoin ETF developments that the US markets are eagerly awaiting.
The project, which refers to spot Bitcoin ETF applications and the leading cryptocurrency BTC, awaiting the approval of the US Securities and Exchange Commission (SEC), is the tokenized version of this excitement.
With the pre-sale event, the project meets investors who want to buy Bitcoin ETF tokens. Bitcoin ETF, a deflationary token that stands out with its staking features, also provides investors with the opportunity to earn passive income.
Bitcoin ETF Token Presale Started
Bitcoin ETF token pre-sale, which offers investors the opportunity to earn income through staking as well as its performance in stock exchange listings, draws attention with its rapid start. The funds collected so far in the pre-sale, which has just been launched, are approaching 50 thousand dollars.
Bitcoin ETF token has a total supply of 2 billion 100 million tokens. 40 percent of this supply is reserved for pre-sale, 25 percent for staking, 25 percent for the burning mechanism and 10 percent for liquidity. The pre-sale of the Ethereum-based ERC-20 compatible token aims to raise a total of 4 million 956 thousand dollars.
The Bitcoin ETF project team follows a gradual price increase policy in the pre-sale event. Investors have the opportunity to buy Bitcoin ETF tokens at discounted prices by acting early. The earlier you invest, the more chances you have to make a profit before stock market listings occur.
There are 10 stages in the Bitcoin ETF pre-sale. 84 million BTCETF tokens are allocated in equal amounts for each stage. In the current first phase, investors can purchase 1 Bitcoin ETF token for $0.0050. By the final stage, the token price is intended to increase to $0.0068.
What’s in the Bitcoin ETF Token Roadmap?
Inspired by the leading cryptocurrency Bitcoin and spot Bitcoin ETF applications, investors purchasing Bitcoin ETF tokens are excited about the token burning mechanism. It is planned to systematically burn the circulating supply of BTCETF tokens after its listing on the DEX.
The token burn mechanism aims to increase the value of the token by reducing the number of BTCETF tokens in circulation. In total, 25 percent of the BTCETF token supply is planned to be burned and removed from circulation.
The project attracts the attention of investors not only with its token burning mechanism but also with its staking features. To keep the network safe and stable, 25 percent of the token supply is allocated for staking.
For the BTCETF token, the project team is designing a variable staking mechanism. Token holders who lock their tokens for longer periods of time will benefit from an increase in unstaking rewards per goal achieved.
The project team wants to increase the percentage of token locking for longer periods while encouraging the community. The project, developed by a team that believes in the spot Bitcoin ETF approval, which has been the dream of the cryptocurrency market for years, is waiting for investors who want to take their place in a possible rally that will occur after the approval of the SEC.
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