The United States will hold presidential elections in 2024. Meme culture has also been mixed with the contested elections. As of March 5, politicians now have a new meme coin category, the PolitiFi token segment.
Crypto data providers CoinMarketCap and CoinGecko have opened a new category for PolitiFi coins. Among these, Trump Coin (MAGA) attracted attention especially when it reached $ 8. Trump Coin is also popular every day on DEXtool, which provides information about decentralized markets.
MAGA, which stands for former US President Donald Trump’s campaign slogan “Make America Great Again”, is a meme coin combining political and financial elements, called “PolitiFi” by its developers.
According to CoinGecko, as of the time this news was written, $13.1 million in transactions were made in the PolitiFi token sector within 24 hours. The market value of the PolitiFi sector is over 354.22 million dollars.
In the grand scheme of things, this doesn’t mean much, but when viewed through the lens of the 2024 election, it becomes extraordinary. Although this space currently contains only a small number of assets, this looks set to change as more similar assets come onto the market day by day. While the wind is blowing in PolitiFi coins, the newly released Bitcoin-related project is also attracting attention by breaking records.
Green Bitcoin is Rushing to a Record with the Goal of ‘Green Revolution’
Green Bitcoin is one of the projects that broke records due to its unique staking technology that allows users to receive incentives for predicting Bitcoin values.
As the cryptocurrency market sees another big increase, investors are looking for new ways to benefit from this boom. Bitcoin increased by more than 10 percent last week, exceeding the critical $69,000 threshold ahead of the halving that will take place in mid-April 2024. The number of people purchasing Green Bitcoin tokens has also increased considerably.
Amidst this growing enthusiasm, the Green Bitcoin project quickly attracted attention at the pre-sale event, raising more than $2.9 million. It promotes itself as a green option in the crypto ecosystem that is 10 thousand times more environmentally friendly than Bitcoin, especially emphasizing its ecological awareness features.
Green Bitcoin, an ERC-20 token, brings the best of both worlds in the crypto market as it is popular within the crypto community, is environmentally friendly, and offers a rewarding staking structure.
This gives rise to the concept of ‘Gamified Green Staking’, a design idea that offers high profits and potential token bonuses of up to 100 percent. The project brings a new approach to crypto mechanics by integrating Bitcoin’s history with Ethereum’s environmentally friendly architecture.
The ‘green’ strategy also applies to the staking procedure. Correct predictions that meet a specific green target result in additional staking benefits. Users buy Green Bitcoin tokens, deposit GBTC, and monitor Bitcoin price movements and predictions. They then wait for the staking period to complete before claiming their profits.
Green Bitcoin Tokenomics Also Attracts a Lot of Interest
As stated in Green Bitcoin’s whitepaper, 27.5 percent of the entire GBTC supply is reserved for staking rewards that are distributed gradually over two years. The GBTC pool in question is divided among accurate BTC price predictions every day, encouraging regular participation.
It is also worth noting that 40 percent of the total GBTC token supply is allocated to the pre-sale event, while 27.5 percent is reserved for staking rewards.
Longer staking periods provide additional benefits on rewards for individuals holding long-term. Additionally, the Proof-of-Stake (PoS) technique consumes some of the energy required in Bitcoin mining. It also offers fun weekly prediction contests. The current staking Annual Percentage Return (APY) is currently 146 percent.
In the Green Bitcoin token presale, each token is currently priced at $0.7642. Those who want to buy Green Bitcoin token should act quickly because it seems that the price will increase in three days.
Marketing takes 17.5 percent, community rewards 5 percent, and liquidity 10 percent of the supply. The project’s “Green Map” initiative aims to improve the gamified elements of the platform and increase staking rewards.
Green Bitcoin Roadmap is Promising
After the pre-sale, the team will focus on critical goals such as introducing staking and prediction capabilities. The overall goal is to create an environmentally friendly society while also allowing individuals to earn passive cryptocurrency income.
Green Bitcoin’s smart contracts were recently subjected to a rigorous audit by Coinsult, a blockchain security organization. Once the currency is listed on decentralized exchanges (DEXs), efforts will focus on growing the community and ecosystem.
With its ‘green’ features and staking rewards, GBTC token has significant growth potential pre-sale. More information will be provided via team social media channels in the coming weeks. Therefore, it is necessary to follow Green Bitcoin’s Telegram channel and X account (formerly Twitter) to be informed about the developments.
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