The crypto market has had a positive start to the week, with the YES (YES) token spiking over 25% in the past 24 hours.
And this might just be the beginning – 99Bitcoins Token (99BTC) is also being touted as a potential winner thanks to its presale success.
The Surprise Surge of YES Token
The YES token is on a roll right now.
This unassuming altcoin that had been flying under the radar for months has suddenly burst back onto the scene.
YES had been treading water at around $13.50 and was being ignored by most investors.
But for some reason, the token’s price has started to take off out of nowhere.
YES is now trading at $16.85 per token, an increase of 25% from yesterday’s low.
Interestingly, there has only been roughly $58,000 in spot trading volume during that span, but that’s still a 237% jump from the previous day.
This increase has occurred despite YES only being available to trade on Uniswap and the Poloniex exchange.
Given that there is no clear catalyst for the token’s sharp price increase, some speculate that a whale might be behind the sudden surge.
Whether that’s accurate or not, one thing’s for sure – YES is a token that crypto investors are keeping an eye on this week.
YES Token’s MFT Innovation Aims to Solve NFT Accessibility Issues
So, what exactly is YES token?
It’s certainly unique – inspired by the iconic “Yes Chad” meme that internet users know and love.
But YES isn’t just another utility-free meme coin.
It’s built on the idea of “multiple-fungible tokens”, or MFTs, which combine elements of both ERC-20 tokens and NFTs into one unique hybrid.
The twist is that holding YES allows investors to “wrap” their tokens in order to back various NFT collections.
By bridging the gap between fungible and non-fungible assets, YES lets investors tap into NFT rarity while still enjoying the liquidity associated with ERC-20 trading.
This leads to numerous benefits.
For example, if an investor needs to sell their wrapped NFT share, they can do so via a DEX without tracking down a direct buyer.
It’s a unique concept that could help solve some long-standing issues around NFT accessibility and liquidity.
Of course, this all depends on whether YES can attract a large enough user base to make its MFT system viable.
But with the token gaining traction in the market, it’s undoubtedly an exciting time for community members.
Learn-to-Earn Token 99BTC Aims for a New Era of Crypto Education & Rewards
While the YES token might be the current hot topic, the crypto education sector could also be primed to make headlines soon.
This is thanks to 99Bitcoins Token – a new project that marries crypto learning with tokenized rewards.
99Bitcoins Token operates using a “Learn-to-Earn” model that gamifies crypto education.
The more courses, videos, and quizzes users complete on the platform, the more 99BTC tokens they’ll earn.
It’s a brilliant way to onboard newcomers to the market and keep veteran traders constantly learning new things.
However, there’s much more to 99Bitcoins Token than just its Learn-to-Earn model.
An entire ecosystem will surround the token, complete with staking, airdrops, webinars, and more.
And with over $1.9 million in presale funds raised, 99Bitcons Token is clearly attracting the attention of retail investors.
Right now, those interested in gaining exposure to the project can buy 99BTC for just $0.00108 per token.
Purchases can be made using ETH, USDT, BNB, or a credit/debit card.
As noted in 99Bitcoins Token’s whitepaper, once the presale phase ends, 99BTC will be launched on DEXs – with a view to CEX listings down the line.
So, for those seeking a project that combines education with profit potential, 99Bitcoins Token might be worth checking out.
