Leading Layer 1 network Solana (SOL) experienced a significant increase in new users in January. According to The Block’s statistical report, the number of unique addresses created on the network has reached an all-time high.
The data company reported that 11.81 million new Solana addresses were established during the 31-day period. Compared to the 10 million new addresses the network received in December, this represents an increase of 18 percent.
On the other hand, Solana’s performance in the last year also attracts attention. SOL, which is above $97 as of the time this news was written, has increased by nearly 300 percent in the last year. Due to this rise and its new record, SOL alternative coins entered the radar of investors. The most prominent project was Bitcoin Minetrix (BTCMTX).
Project Exceeding the 10 Million Dollar Milestone Attracts Attention
Stake-to-Mine project Bitcoin Minetrix managed to raise over $10 million during its ICO. The fundraiser has attracted a lot of attention in the crypto world due to Bitcoin Minetrix’s unique method of cloud mining. For this reason, investors began to accelerate the purchase of Bitcoin Minetrix tokens.
Bitcoin Minetrix presents itself as a different competitor by connecting to the Bitcoin mining ecosystem. The platform aims to be one of the first stake-to-earn DeFi with stake-to-mine functionality and shift the industry towards value-oriented products. The continued success of the ICO indicates a growing interest in this goal.
The project’s new usage area and attractive staking incentives arouse interest on various social media platforms. In particular, the rapid growth of X (Twitter) with 19 thousand followers and Telegram with more than 13 thousand followers also attracted attention.
After the Bitcoin Minetrix pre-sale ended, the developers hinted that they intend to list the project’s cryptocurrency BTCMTX token on major cryptocurrency exchanges.
Bitcoin Minetrix’s Stake-To-Mine Initiative Takes It One Step Ahead
Bitcoin Minetrix is an important initiative to simplify the Bitcoin mining process and open it up to more people. Purchasing Bitcoin Minetrix tokens and staking BTCMTX tokens earns users mining credits, which they can then burn for Bitcoin.
More people can participate in cryptocurrency mining and earn incentives using this method. With more than 637 million tokens pledged so far, holders have the opportunity to earn annual percentage yield (APY) of up to 65 percent.
Bitcoin Minetrix uses this technology on the Ethereum blockchain to transform cloud mining into a stake-to-earn model. To reduce the risks associated with standard cloud mining contracts, all transactions are performed on-chain, making the platform stand out for its transparency and resistance to fraud.
Bitcoin Minetrix’s smart contract technology automates business logic to guarantee safe and efficient transactions. A user-friendly interface allows users to set their preferences through the platform’s smart contract, which maintains cloud credits and mining assignments.
Bitcoin Minetrix Presale Allocation
Approximately 42.5 percent of the total BTCMTX token supply will be used to finance mining activities. One-third of the tokens will go towards marketing to increase the visibility and acceptance of the project.
Interest in Bitcoin is growing, which helped make Bitcoin Minetrix’s initial coin offering (ICO) successful. Bitcoin Minetrix benefits from the growing awareness and acceptance of Bitcoin’s value in the purchasing market as it evolves.
The project represents a unique initiative in the crypto space by offering a new approach to Bitcoin cloud mining, and with hours left until phase 23 ends, users have a limited time to get in early to purchase and secure Bitcoin Minetrix tokens at the lowest price point before BTCMTX increases. is available.
Frequently Asked Questions About Bitcoin Minetrix Investment
One of the most talked about cryptocurrency projects of 2024 so far is Bitcoin Minetrix, thanks to its groundbreaking technology and excellent pre-sale success.
Therefore, many people are wondering whether BTCMTX is the best cryptocurrency to invest in right now. Based on Bitcoin’s past market behavior during halvings, there is strong evidence to suggest that BTC could experience significant appreciation in the near future.
In April, Bitcoin will experience its next halving. In the past, there have been significant bull runs after halvings. For example, after the halving in 2016, Bitcoin enjoyed a strong rise over the following 18 months. It is said that if past trends continue, Bitcoin may be about to enter a bull market.
Bitcoin Minetrix, as a cryptocurrency heavily dependent on the price of Bitcoin, is positioned in a prime position to generate significant gains. Between Stake-to-Mine innovation, high staking rewards, and the timing around Bitcoin halving, a combination of factors makes BTCMTX a significant growth candidate.
Interested investors can purchase BTCMTX tokens for $0.0132 using ETH, USDT or credit/debit card. However, it should be noted that this price will rise in the next stage.
Disclaimer: This is a sponsored content and press release, and what is written here does not reflect the views of the Kriptokoin.com team. High risk of loss should be taken into consideration in leveraged transactions and cryptocurrency investments, and extensive research should be done before investing in any platform. To be informed about the latest developments, follow us twitter‘in, Facebookin and InstagramFollow on and Telegram And YouTube Join our channel!