A warning came from Hong Kong, which we know as the country where China opened up to the world in the field of crypto money, after the positive atmosphere that has prevailed for a long time. Hong Kong Securities and Futures Commission (SFC) issued a warning against FLOKI and the project’s staking programs.
In the official warning from SFC, the definition of “suspicious” was used for FLOKI. SFC, which is skeptical about the FLOKI project and FLOKI DAO, also warned investors against the staking mechanism that offers the opportunity to generate passive income.
In its statement, SFC said, “The Floki staking program and the TokenFi staking program, which offer high annual returns of 30 percent to over 100 percent, fall into the group of questionable investment products. These two products are not approved by the SFC. “The managers responsible for both programs were unable to convince the SFC of these high returns.” said.
Hong Kong’s warning against one of the popular cryptocurrencies, which is preparing to approve spot Bitcoin ETFs, has made crypto enthusiasts, especially FLOKI investors, nervous. Investors started looking for alternative projects.
Among the cryptocurrency projects shown as alternatives to the FLOKI project, Bitcoin Minetrix and eTukTuk have recently come to the fore. Bitcoin Minetrix, which offers a Bitcoin mining solution, and environmentally friendly token eTukTuk are attracting attention from investors.
BTC Mining Solution Bitcoin Minetrix Reached $10 Million
Bitcoin Minetrix, which offers its participants the opportunity to perform cost-free, effortless and decentralized Bitcoin mining, is among the popular pre-sale projects of 2024. The funds collected so far in the project, which met with investors through a phased pre-sale event, have reached 10 million dollars.
Instead of traditional mining activities, which are quite costly today, the Bitcoin Minetrix platform combines cloud mining and staking mechanism. The innovative Stake to Mine feature offers the opportunity to mine BTC at no cost.
For participants to mine only Bitcoin Minetrix token purchase It is necessary. Tokens with the symbol BTCMTX are staked in exchange for cloud mining credits. BTCs generated as a result of cloud mining credits burned during the mining period are transferred to the investor’s account.
You don’t even need a contract to mine with Bitcoin Minetrix. Investors who are interested in the project can enjoy discounted prices thanks to the pre-sale event. Buying Bitcoin Minetrix tokens he gets the chance.
Participants also have the opportunity to earn passive income thanks to the staking mechanism. According to data on the platform, the number of BTCMTX tokens staked so far exceeds 600 million. The annual return percentage (APY) of the project sits in the 69 percent band. In the staking mechanism with a 2-year payment period, participants earn 158.5 BTCMTX tokens per ETH block.
BTCMTX tokens, which have raised nearly $10 million so far, can be purchased for $0.0131 at the current stage. Those who want to have the opportunity to become early investors before stock market listings against the gradual price increase are showing interest in the project. The earlier investors get involved in the project, the more potential profits they have.
BTCMTX tokens, which offer the opportunity to do cost-free, decentralized and effortless Bitcoin mining, can be invested using ETH, USDT, BNB, MATIC or card. Bitcoin Minetrix project awaits BTC mining enthusiasts.
Eco-Friendly eTukTuk Token Exceeds $600 Thousand
While the effects of the climate crisis are felt more and more each day, the energy consumption of the cryptocurrency industry is the target of criticism. Experienced and environmentally conscious developers act with the mission of working for the environment, not against it.
Investors interested in the project, which meets with investors through pre-sales, Buying eTukTuk tokens can participate in the event. It does not escape curious eyes that the funds collected in the pre-sale have exceeded 600 thousand dollars.
The eTukTuk project, which set out to create a sustainable transportation revolution, ranks high among environmentally friendly pre-sale coins. Powered by artificial intelligence, the project brings together blockchain and planet-friendly transportation.
The project team aims to both provide a wide range of electric vehicle charging systems to the service of countries and entertain them. At the center of the platform is the Crazy TukTuk game with Play-to-Earn (P2E) features and the TUK token.
Participants are trying to achieve success with a taxi game in which they compete fiercely on the streets of Sri Lanka. The project, based in Sri Lanka, rewards participants based on their achievements. Crazy TukTuk rewards are paid in TUK tokens, the native token of the project.
The TUK token project aims to provide solutions to traffic-related pollution and related health problems. Built on the BNB Smart Chain of the Binance exchange, the project prioritizes security, efficiency and scalability.
TUK token pre-sale, one of the environmentally friendly crypto projects, continues with a gradual price increase policy. At the current stage, crypto enthusiasts who want to become early investors can purchase TUK tokens at $0.026. It is possible to participate in the pre-sale with BNB, USDT, ETH and card transactions.
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