In the dynamic world of crypto currencies, meme coin excitement continues at full speed. One of the coins that stands out in this environment is Shiba Inu. SHIB was up over 200 percent during the week.
The outstanding performance of the meme coin puts Shiba Inu among the top 10 cryptocurrencies in terms of market cap. SHIB attracts the attention of investors worldwide.
Will SHIB Become $1?
The upward trend in SHIB is further evidenced by the liquidation of short positions. There is a significant increase in futures and perpetual contracts. Shiba Inu leader Shytoshi Kusama said Monday that support for the Shiba Inu is growing strongly and highlighted U.S. presidential candidate Robert F. Kennedy Jr. (RFK Jr.)’s support for the Shiba Inu.
Shiba Inu Kennedy Jr. Support by prominent names such as and Shytoshi Kusama’s strategic moves contribute to a significant increase in the performance of the coin.
Despite this impressive performance, Shiba Inu is unlikely to reach $1 or 50 cents anytime soon as the circulating token supply is so large. But that doesn’t mean the Shiba Inu doesn’t have potential. If it significantly reduces its circulating supply through a token burn program, its price could also see significant increases.
Investors are closely monitoring the changing dynamics in the markets as Shiba Inu attempts to move beyond its meme coin origins.
SHIB alternative, as reported by sponsored content Green Bitcoin (GBTC)seems committed to creating a more environmentally friendly crypto world. It creates Bitcoin price prediction games on the blockchain for its investors. In this sponsored article, the details of the project are conveyed.
Green Bitcoin (GBTC) – Environmentally Friendly Project Standing Out With Its “Guess-Win” Concept
By purchasing Green Bitcoin tokens, you are investing in a cryptocurrency project that is sensitive to energy consumption. Local token GBTC, in addition to being environmentally friendly, also offers many rewards to its investors.
With its innovative, gamified staking model and energy-efficient foundation, Green Bitcoin offers a unique mechanism to token holders. Token holders can attempt to predict Bitcoin’s daily price movements and, if successful, earn rewards that vary based on accuracy and staking rate. This means users are rewarded when they make accurate Bitcoin price predictions.
Green Bitcoin combines the legendary cryptocurrency Bitcoin with the environmentally friendly structure of Ethereum, creating a blockchain that does not consume energy, is environmentally friendly and depends on the price of Bitcoin.
Fundamentals of Green Bitcoin
When we look at the operation of Green Bitcoin, we see that the following features stand out:
- Gamified Green Bitcoin Staking
- Bitcoin guessing games
- Extremely low energy consumption (only around 35 Wh; significantly lower than other networks such as BTC, BTC Cash and BTC SV.)
The reward system, called “Gamified Green Bitcoin Staking,” is designed to encourage daily interaction from participants. Unlike typical staking protocols with fixed income, purchasing Green Bitcoin tokens offers a dynamic return alternative.
Distribution of staking rewards will occur at the rate of 1.5 GBTC tokens per Ethereum (ETH) block. After these rewards are distributed for 3 months, Gamified Green Bitcoin Staking will be launched.
As stated in the Green Bitcoin white paper, the project allocated more than 27 percent of its total token supply to staking rewards. So it provided a large incentive pool for those who made accurate BTC price predictions. This pool of funds is planned to be distributed over a two-year period.
GBTC Tokenomics
GBTC tokens are distributed as follows:
- Pre-sale: 40%
- Staking rewards: 27.5%
- Marketing: 17.5%
- Liquidity: 10%
- Community rewards: 5%
It appears that a significant portion of the total GBTC token supply is allocated for pre-sale. Once the pre-sale phase is complete, the team is planning several key steps, including enabling staking and prediction features.
Making the token available on decentralized exchanges (DEX) is among their most important plans. The introduction of the token on exchanges is expected to create significant interest. Once this plan is realized, the team will focus on community development and ecosystem development.
Presale of Green Bitcoin Exceeds $1.8 Million
Driven by the resurgence in the crypto market, purchasing Green Bitcoin tokens has become one of the most popular pre-sales. Pre-sales of the project exceeded $1.8 million. It continues to offer discounted tokens to potential investors.
Unlike typical pre-sale mechanisms, the Green Bitcoin team allows users to instantly stake their purchased tokens. Thus, it encourages long-term holding of GBTC token in wallets.
Additionally, Coinsult, a well-known blockchain security company, audited the token’s smart contract. Social media also plays a decisive role in the life of the project. Green Bitcoin’s social media channels continue to attract attention. The project’s Telegram group and X account have seen significant growth, especially in the last week.
YouTube videos of analysts such as Crypto Boy, who praised Green Bitcoin’s “Predict-Earn” model, also played an important role in increasing the popularity of the project. GBTC is emerging as a game-changing green coin in terms of passive income opportunities.
Click to review Green Bitcoin token.
