The Bitcoin-themed meme coin, BTC Bull Token (BTCBULL), has raised over $500,000 in the first 24 hours of its presale. The project aims to reward token holders with Bitcoin airdrops when Bitcoin reaches specific price milestones.
Bitcoin Bull or BTC Bull Token is an Ethereum-based project that’s the first meme coin offering real $BTC rewards. BTC Bull Token features a reward mechanism that distributes Bitcoin to holders as Bitcoin hits predefined targets, including $100,000 and $150,000.
To facilitate the reward process, BTC Bull Token has partnered with Best Wallet, enabling holders to receive Bitcoin rewards directly into their Best Wallet accounts. This partnership simplifies wallet management and allows investors to purchase BTCBULL tokens using Ethereum while still receiving rewards in Bitcoin.
Holders of BTCBULL can also stake their tokens, which currently offer annual yields set at 685%. These yields are expected to decrease as staking activity increases. Early investors have already locked up over 153 million BTCBULL tokens in the staking protocol.
The presale offers entry points starting at $0.002355 per token and accommodates purchases via cryptocurrency or traditional bank cards. Investors can also acquire BTCBULL tokens directly through the Best Wallet app. The project has undergone audits by SolidProof and Coinsult, confirming the absence of vulnerabilities in the code and ensuring that new tokens cannot be minted.
Post-presale, there are plans to list BTCBULL on decentralized exchanges (DEX), with centralized exchange (CEX) listings to follow, contingent on the success of the launch. To maintain trading stability, 10% of the total token supply—2.1 billion BTCBULL—has been allocated for liquidity.
The tokenomics of BTC Bull Token are structured with a total supply capped at 21 billion, reflecting Bitcoin’s supply limit. The allocation is divided as follows: 15% each for the Bull Fund and Milestone Burn Fund, 10% for airdrops, 10% for staking rewards, and 40% for public relations and marketing.
With over $500,000 raised in its initial presale period, BTC Bull Token is positioned to attract a diverse range of investors in the cryptocurrency market.
Shogun Lin
