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Indebta > Markets > Crypto > As SamurAI Bot’s SAMBO Coin Goes Up 7x Overnight, This New Bitcoin Project Just Raised $2.3 Million – Here’s What You Need to Know
Crypto

As SamurAI Bot’s SAMBO Coin Goes Up 7x Overnight, This New Bitcoin Project Just Raised $2.3 Million – Here’s What You Need to Know

News Room
Last updated: 2023/10/26 at 5:50 AM
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Contents
SAMBO Price Analysis: How High Will Samurai Bot Fly Following 7x Launch?Missed Bitcoin? Don’t Cry with FOMO – Bitcoin Minetrix Is the ULTIMATE Beta PlayWhy Bitcoin Minetrix is Important for Bitcoin Network SecurityKey Highlights of the BTCMTX Advantage:

As Bitcoin’s mini-bull cycle continues, profits have rotated through altcoins and are now attacking memecoin and on-chain plays, and SamurAI Bot token (SAMBO) has exploded 7x overnight in an impressive rally.

Recent weeks have seen a huge trend in explosive DEX-launched tokens, with countless moon-shots garnering significant attention, including the ever-popular APX, MOONEY, OGGY, REFUND, DRS and THING.

Our mission is simple. Find the giants, watch their movements, and move with them without their knowledge.

When we can see them yet remain invisible ourselves, we give ourselves the opportunity to feed and protect our village in the process. pic.twitter.com/Av3sSAiuGV

— SamurAI Bot (@SamuraiBot_erc) May 29, 2023

SamurAI Bot is a new ‘alpha bot’, which aims to invisibly track the movements of big wallets across four different channels – tailored to the users’ risk tolerance.

SAMBO Price Analysis: How High Will Samurai Bot Fly Following 7x Launch?

As SAMBO price action consolidates and finds feet, Samurai Bot token is currently trading at a market price of $0.0003928 (representing a 24-hour change of +0.74%).

This comes following a sensational SAMBO token launch, which saw a jaw-dropping +977% gain in the first 6-hours of trading.

DEXtools / SAMBO WETH

Rejection from a local high of $0.0005 triggered a -45% retracement move, as early-backers too profit on their lucrative gains.

However, a well-defended consolidation level has since been established above $0.00032 – with price finding feet in an upside move this morning.

This comes as buy-pressure remains strong amid $82k in 24-hour trading volume, with buys currently representing 58% of ongoing transactions.

Growth potential seems promising here, with the project still clearly in its early stages – with just 245 holders and a lowly $395k market cap.

Comparable bots such as Banana have market caps above $21m, suggesting that SAMBO token could still undertake as much as a 25x return from here (if it hits $10m market cap).

DEXtools / SAMBO WETH

On the short-time frame SAMBO is targeting a break-high move to $0.00055 (a possible +38.83%).

While downside risk could see SAMBO return to strong lower support at $0.00032 (a potential -19.23%).

This leaves SamurAI Bot with a short-time frame risk: reward of 2.02 – a strong entry with double reward to risk.

And in other news, as Bitcoin price breaks out, traders are rushing to find lucrative Bitcoin beta plays – with the Bitcoin Minetrix presale emerging as a promising contender.

Missed Bitcoin? Don’t Cry with FOMO – Bitcoin Minetrix Is the ULTIMATE Beta Play

Dive into the innovative world of Bitcoin Minetrix and its pioneering stake-to-mine system – as the skyrocketing presale smashes +$2,352,889 raised.

Offering an enticing 1224% Staking APY, Bitcoin Minetrix provides a platform where users can buy, stake, and then watch as the rewards start accumulating.

The true essence of passive income in the crypto world has never been this accessible.

With the Bitcoin Minetrix approach, gone are the days of heavy initial capital and navigating complex mining contracts.

Why Bitcoin Minetrix is Important for Bitcoin Network Security

No longer the mainstay of basement ASICs, Bitcoin mining is now a multi-billion dollar industry, but with the success of Bitcoin mining centers comes the challenge of increased centralization.

Indeed, with just two mining pools (Foundry USA and Antpool) representing 57.5% of the Bitcoin network hashrate, mining centralization is desperately in need of modern solutions to ensure long-term network security.

This is where the magic of Bitcoin Minetrix comes into play, with Bitcoin cloud mining offering the opportunity for everyday investors to claim their slice of the pie – while bolstering Bitcoin’s network security.

All interested parties have to do is buy $BTCMTX tokens in presale and stake them to earn cloud mining credits, with Bitcoin Minetrix’s automated system handling the heavy work.

In effect, this means no more expensive barriers to entry such as costly hardware requirements, or complicated technical understandings – simply buy, stake, and earn to unlock the benefits of Bitcoin mining rewards.

Key Highlights of the BTCMTX Advantage:

  • Distinctive Edge in the Market: In an industry filled with numerous cloud mining platforms, Bitcoin Minetrix carves a niche for itself. As the first-ever tokenized Bitcoin cloud mining initiative, it offers an automated system that’s geared for cloud-based Bitcoin mining, setting a new standard for the industry.
  • Safety First with Ethereum Blockchain: Bitcoin Minetrix operates on the tried and trusted Ethereum blockchain. This ensures top-notch security and reliability, allowing users to sidestep the risks associated with external mining pools, and offering a safeguard against potential fraudulent cloud mining services.
  • Championing True Decentralization: At its core, Bitcoin Minetrix upholds the ethos of decentralization. In an age where centralization often introduces vulnerabilities, Bitcoin Minetrix breaks the mould, redistributing mining profits from big corporations to individual retail investors through its novel Stake-to-Mine system.
  • Tapping into the Bitcoin Halving Opportunity: Perfectly poised to make the most of the upcoming Bitcoin halving, Bitcoin Minetrix provides investors with a golden opportunity. The impending halving might seem daunting for miners due to reduced block rewards, but historically, such events have driven up Bitcoin’s value. Bitcoin Minetrix provides a platform for investors to tap into this potential surge, sans the associated capital risks.
  • The BTCMTX Presale Opportunity: The ongoing BTCMTX presale has already garnered significant interest, with over $2,352,889 raised towards its $3M goal. At a competitive price of just $0.0111 per token, early investors have a unique chance to be at the forefront of this stake-to-mine evolution.

In sum, Bitcoin Minetrix is set to redefine the Bitcoin landscape, with its innovative methodologies, stringent security measures, and the vast potential of its stake-to-mine mechanism, it beckons as a lucrative opportunity for early bird investors.

Secure your position in this transformative journey by joining the BTCMTX presale today.

Buy BTCMTX Here

Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.


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News Room October 26, 2023 October 26, 2023
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