It’s been a turbulent 24 hours within the crypto industry, but 99Bitcoins token ($99BTC) is showing strength into its presale close.
After raising over $2.5 million, the presale will end on 6 August at 9:30 AM UTC.
There’s no time to waste – the exchange listing will follow shortly after.
Bulls reenter the market after crash, best time for $99BTC to launch
Bulls are back with a vengeance.
Macroeconomic mishaps caused the biggest crypto liquidation event in three years, with over $1 billion wiped out in 24 hours.
But now traders are looking to make it all back, and prices are rallying in the last hour.
In the past 60 minutes, Bitcoin has booked a 6% gain and Ethereum is up 7%.
Notably, after testing $48K, Bitcoin is back above $63K.
And here’s the good news:
The Federal Reserve is rumored to be slashing interest rates prematurely to help stimulate the markets.
It’s not just crypto prices in dismay – the stock market is facing a storm of selling pressure as well.
Resultantly, some experts are calling for up to a 1.5% interest rate cut by September, which would free up a lot of liquidity and entail a swift recovery.
With anticipation of rate cuts, traders are reentering the market.
If these rate cuts prevail, the bull market will likely be in full swing again shortly.
That’s excellent news for 99Bitcoins token, which will undergo its exchange offering in August.
But right now, investors can secure $99BTC at a discounted presale rate of $0.00116.
Once the presale ends, this rate will be abolished as its price transitions to a product of supply and demand.
Unequaled demand expected for $99BTC on inherent utility
It’s not just presale success and an impending exchange launch hinting at big potential for 99Bitcoins token.
Underpinning all that is cutting-edge utility.
99Bitcoins is building an education-focused ecosystem where users can earn tokens by learning about cryptocurrency.
Think of it like Play-to-Earn, except learn about blockchain instead of playing games.
And while leveling up their crypto knowledge, $99BTC also grants them access to trading signals, BRC-20 tools and education, a VIP community group, staking rewards, and more.
The staking feature is already live and provides a whopping 656% APY.
So even without price appreciation, 99Bitcoins staking could amount to huge gains.
Based on the current APY, investors could average almost 2% daily returns.
For perspective, many TradFi instruments offer 2% returns annually.
And that’s not the only way to make gains with 99Bitcoins.
In addition to making you a more profitable trader, there’s a strong likelihood that $99BTC will explode.
Popular analyst ClayBro argues that 99Bitcoins token will “soar when retail returns.”
He underscored that Learn-to-Earn is the ultimate onboarding tool for industry newcomers.
As the market gains pace, more people will be attracted to the industry and turn to 99Bitcoins for education.
We should reiterate that users must hold $99BTC to access the platform.
Therefore, if the platform achieves mass adoption, there would be huge demand for $99BTC, which translates to big price potential.
Regarding how far it could go, ClayBro did not provide an exact prediction.
However, analyst Crypto Boy speculates it could 50x.
With the presale coming to a close and speculation for big gains brewing, traders must act fast.
Rest assured, the 99Bitcoins token has been thoroughly analyzed for bugs, scams, and rug pulls by third-party auditor Solid Proof.
According to the report, the project’s smart contract is safe and free of any issues.
This is the last chance to buy the presale.
Don’t miss out. Follow 99Bitcoins on X or join its Telegram to stay updated. Alternatively, visit its website to buy and stake tokens.