Cryptocurrency
Green Bitcoin Presale Raises Over $1m for New Gamified Staking Project
![](https://letizo.com/wp-content/uploads/2024/02/green-bitcoin-presale-raises-over-1m-for-new-gamifiedstaking-project_65de37aeceab7.jpeg)
Green Bitcoin has captured the crypto world’s attention with its groundbreaking gamified staking model, raising over $1 million in its ongoing presale.
With retail investors clamouring to get involved, could Green Bitcoin (GBTC) be poised for a wave of demand once it debuts on exchanges later this year?
Presale Buying Frenzy as Green Bitcoin Captivates Crypto Community
After hitting the $1 million milestone, Green Bitcoin has cemented itself as one of the most eagerly anticipated projects in the crypto ecosystem.
The project’s presale utilises a straightforward yet rewarding structure.
Investors can purchase GBTC, Green Bitcoin’s native token, using either ETH, USDT, or a credit/debit card.
These tokens can be staked instantly to earn passive income, with APYs reaching 261%.
It’s clear that the crypto community is impressed by the presale’s early success and the high staking rewards on offer – more than 3,300 people now follow Green Bitcoin’s Twitter page.
Conversations are also heating up in Green Bitcoin’s Telegram channel, where members are already speculating about how high GBTC’s value could rise once it makes its open market debut.
GBTC was even referenced in a recent video by YouTuber Crypto Boy, who highlighted the project’s eco-friendly principles and stellar roadmap.
What is Green Bitcoin & Why So Much Hype?
But what is Green Bitcoin, and why is the project attracting so much buzz?
The main reason is the project offers a fresh take on crypto mechanics by combining Bitcoin’s legacy with Ethereum’s sustainable architecture.
As an ERC-20 token, GBTC introduces a sustainable staking model called “Gamified Green Staking.”
This model allows users to earn passive income scaled to their investment size.
By participating in Bitcoin price predictions, earnings can be further enhanced while promoting community engagement.
Additionally, Green Bitcoin embodies eco-friendly values in numerous ways.
Firstly, its Proof-of-Stake (PoS) consensus mechanism requires just a fraction of the energy that’s required by Bitcoin mining.
Secondly, the “green” approach extends to the staking process itself – accurate predictions that land in a designated green zone trigger additional staking bonuses.
As outlined in Green Bitcoin’s whitepaper, the developers have allocated 27.5% of the total GBTC supply to staking rewards, which will be distributed gradually over two years.
Each day, this pool of GBTC is shared among accurate predictors, incentivizing regular engagement.
For long-term holders, extended staking periods unlock even more bonuses on their rewards.
Ultimately, whether participating daily, weekly, monthly, or bi-annually, Green Bitcoin offers a clear path to attractive returns.
Appealing Tokenomics & Roadmap Set Stage for Long-Term Growth
Transitioning to Green Bitcoin’s future, the development team has structured the project’s tokenomics and roadmap to balance rewards with organic growth.
The project’s tokenomics will see 40% of the supply allocated to presale buyers, giving early participants a chance to obtain a sizable stake in Green Bitcoin’s future.
As mentioned earlier, 27.5% of the supply will go towards staking incentives, with the remaining 32.5% focusing on marketing, exchange listings, and community-building initiatives.
This tokenomics structure sets the stage for long-term adoption and real-world impact.
Looking ahead, the project’s “Green Map” centres on enhancing the platform’s gamified features to make the staking experience even more rewarding.
The ultimate goal is to build a community united by eco-friendly values – all while allowing everyone to earn passive crypto income.
Notably, Green Bitcoin’s smart contracts recently underwent a comprehensive audit from blockchain security firm Coinsult.
With its security and reliability now verified, investors can engage in the presale with peace of mind.
Those interested in the presale can buy GBTC tokens for $0.492 – although this price will increase as funding milestones are met.
Disclaimer: The above article is sponsored content; it’s written by a third party. CryptoPotato doesn’t endorse or assume responsibility for the content, advertising, products, quality, accuracy, or other materials on this page. Nothing in it should be construed as financial advice. Readers are strongly advised to verify the information independently and carefully before engaging with any company or project mentioned and do their own research. Investing in cryptocurrencies carries a risk of capital loss, and readers are also advised to consult a professional before making any decisions that may or may not be based on the above-sponsored content.
The token Green Bitcoin (GBTC) has no affiliation and is not associated in any shape or form with Grayscale’s Bitcoin Trust.
Readers are also advised to read CryptoPotato’s full disclaimer.
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Cryptocurrency
Bitcoin Price Analysis: Here’s Why BTC Jumped by 5% Today
![](https://letizo.com/wp-content/uploads/2024/07/bitcoin-price-analysis-heres-why-btc-jumped-by-5today_66a3973a372e6.jpeg)
Bitcoin has recently experienced an uptick in demand near the crucial support region of the 100-day moving average, leading to a notable rebound.
This price action underscores a bullish sentiment in the market with the potential for a continued rally toward a new all-time high.
Technical Analysis
By Shayan
The Daily Chart
A detailed analysis of Bitcoin’s daily chart reveals that following a resurgence of demand near the critical $53K support area, the cryptocurrency initiated an impulsive bullish rally, surpassing several key resistance levels and introducing a bullish sentiment into the market.
These zones include the 200-day moving average at $60.5K, the 100-day moving average at $64.4K, and the static resistance at $61K. After breaking above the 100-day MA, the price recently exhibited a corrective retracement, completing a pullback to the broken level and validating the breakout.
Currently, Bitcoin has faced heightened buying pressure near the 100-day MA and experienced a bullish rebound toward the $67K threshold. If conditions remain stable, there is potential for the bullish trend toward the significant resistance region of $70K in the mid-term to continue.
The 4-Hour Chart
On the 4-hour chart, after receiving sufficient support near the lower boundary of the multi-month wedge at $54K, the price initiated an impulsive bullish rally, reaching the wedge’s upper trendline at $68K.
This price action clearly indicates that buyers are eager to push above the $70K resistance and set a new ATH for Bitcoin in the mid-term. During the recent rally, the price has formed an ascending short-term trendline, serving as the main support for BTC in the short term.
However, Bitcoin faced increased selling pressure near the wedge’s upper boundary, leading to a notable rejection toward the upslope trendline and the $64K support region.
Yet, the cryptocurrency was supported by the trendline and the $64K threshold, initiating a new surge toward the wedge’s upper boundary. Currently, the price is confined by the dynamic support of the ascending trendline and the dynamic resistance of the wedge’s upper boundary, roughly forming a triangle pattern.
A break above the wedge’s upper trendline will pave the way for a renewed bullish surge toward the $70K threshold. Conversely, a break below the ascending trendline could lead to a retracement toward the $64K mark.
On-chain Analysis
By Shayan
While Bitcoin’s price has experienced a notable bullish reversal, a closer examination is essential to determine if this trend will persist.
The Taker Buy/Sell Ratio, a crucial metric for evaluating futures market sentiment, provides valuable insights into the market dynamics. Values above 1 indicate aggressive buying by bulls, while values below 1 suggest bearish selling pressure.
The chart highlights the Taker Buy/Sell Ratio, which has experienced an impulsive surge above the “1” threshold concurrently with Bitcoin’s bullish revival. This surge signifies strong buying interest in the perpetual market, indicating a notable bullish sentiment and significant buying activity. If the upward trend in the Taker Buy/Sell Ratio continues, it confirms a potential mid-term bullish trend, with the price likely rallying toward the $70K mark.
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Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.
Cryptocurrency charts by TradingView.
Cryptocurrency
MEET48 “2024 GIPR2” Voting Event Final Results on August 3rd, Ranking Top on DappBay and DappRadar
![](https://letizo.com/wp-content/uploads/2024/07/meet48-2024-gipr2-voting-event-final-results-on-august3rd-ranking-top-on-dappbay-and-dappradar_66a39742a6b96.jpeg)
[PRESS RELEASE – Singapore, Singapore, July 26th, 2024]
Recently, the “2024 GIPR2” voting event Dapp of MEET48, a metaverse virtual community based on an AI and WEB3.0 diversified UGC entertainment content ecosystem, has rapidly risen in the rankings on DappBay and DappRadar, attracting widespread attention.
The MEET48 “2024 GIPR2” voting event (https://gipr.meet48.xyz/#/gipr) is divided into the Idol Group, Sprout Group, and Virtual Idol Group. Users can log into the MEET48 official website and app, complete tasks and watch contestant videos to earn points, mint NFTs, and use points to buy voting tickets to vote for idols. The final voting rankings will determine the metaverse and overseas offline performance resources that participants will receive. Users who participate in voting interactions will also be whitelisted for future airdrop eligibility.
As of 12PM on July 26, 2024, the MEET48 event Dapp has become the number one social category Dapp on DappBay and ranked fifth in the social category on DappRadar.
According to DappRadar data, MEET48’s event Dapp recorded 25.25 million on-chain transactions in the past 30 days, with 669.98K active user addresses (UAW). In DappBay’s statistics, MEET48’s event Dapp also performed excellently, with 25.62 million on-chain transactions and 647K users in the past 30 days.
Currently, the MEET48 “2024 GIPR2” voting event Dapp has over 3 million registered users, and the total accumulated votes in the event have exceeded 10 million. These users, who joined through the airdrop, will eventually be integrated into MEET48’s intelligent social metaverse community through the MEET48 content ecosystem matrix products.
With the final results of the “2024 GIPR2” voting airdrop event set to be announced on August 3rd, MEET48’s popularity is expected to continue rising. For those who have not yet participated, there is still an opportunity to complete tasks and earn points to join the airdrop event:
https://gipr.meet48.xyz/#/gipr.
About MEET48
MEET48 currently boasts a technical and R&D team of 500 people, covering regional operations in Singapore, Hong Kong, Taipei, Tokyo, Seoul, and Dubai. This makes it one of the largest Web3 application project teams globally. MEET48 aims to achieve the mass adoption of Web3 technology by focusing on an AI UGC content ecosystem centered on AIGC (Animation, IDOL, GAME, and Comics) Gen Z trend entertainment content and a graphical, intelligent metaverse social base.
For more information users can visit MEET48’s: Official Website | Twitter (X) | Telegram | Discord
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Cryptocurrency
Ripple Price Analysis: Is XRP Ready to Finally Explode Above $0.60?
![](https://letizo.com/wp-content/uploads/2024/07/ripple-price-analysis-is-xrp-ready-to-finally-explode-above0-60_66a3972d84708.jpeg)
Ripple’s price is finally gaining some bullish momentum following months of downtrend and consolidation.
By TradingRage
The USDT Paired Chart
Analyzing the XRP/USDT pair, it is evident that the price has demonstrated a rapid recovery from the $0.43 support level. It broke above both the $0.5 level and the 200-day moving average, located around the $0.55 mark.
The price is currently on the verge of breaking above the $0.59 resistance zone and if it succeeds, a rally higher toward the key $0.72 resistance level would be probable in the coming weeks.
The BTC Paired Chart
The BTC paired chart also displays a similar behavior. The market has rebounded and broken above the 800 SAT level. Yet, the price has yet to break through the 200-day moving average, located around the 900 SAT mark.
Typically, a rise above the 200-day moving average indicates the beginning of a new uptrend. Therefore, if a breakout occurs, XRP will likely significantly appreciate against BTC in the short term.
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Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.
Cryptocurrency charts by TradingView.
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