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Indebta > Markets > Crypto > As REFUND Token Shoots Up 1,000%, This Overlooked Bitcoin Project Has Locked In $1.5 Million – Next 100x Coin?
Crypto

As REFUND Token Shoots Up 1,000%, This Overlooked Bitcoin Project Has Locked In $1.5 Million – Next 100x Coin?

News Room
Last updated: 2023/10/16 at 8:17 AM
By News Room
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As on-chain moves spring back into life, the latest stealth-launched token to skyrocket is Refund token (REFUND) – which has undertaken a skyrocket +1,000% move.

Contents
REFUND Price Analysis: Will Refund Token Skyrocket Endure?Bitcoin Minetrix (BTCMTX): Presale Enters Stage 2 Funding as +$1.5M Raised

Recent weeks have seen a huge trend in explosive DEX-launched tokens, with countless pump-and-dump moon-shots, including DEE, APX, MEGA, Blinky, DRS and SNOR.

Bolstered by the promise of Ethereum staking rewards, REFUND appears to have surged amid growing interest in so-called ‘reflection tokens’ – which seek to reward holders with a share of transaction fees.

REFUND Price Analysis: Will Refund Token Skyrocket Endure?

As price action undertakes retracement and consolidation, REFUND is currently trading at a market price of $0.063207 (representing a 24-hour change of +198.84%).

However, an emerging support level at $0.062808 has now provided a consolidation zone for 6-hours – suggesting price action has found a foothold that could trigger a major bounce.

This comes after REFUND was launched at just 9pm on October 14, the first 24-hours of trading saw steady growth with well established lower support at $0.061020.

At 22:00pm on October 15, 25-hours after trading began, REFUND hit a localised all-time high at $0.066120 – which now forms the upper target for price action.

The sensational run was fuelled by more than $2m in 24-hour trading volume, in a frenzy of more than 7.9k in transactions driven by almost 930 holders.

With the REFUND market cap now stood at $1.15m, upside prospects look good here following a successful consolidation, with many similar reflection tokens surging to $3m market caps in recent weeks.

This suggests REFUND could still undertake a 2-3x move from an entry here, if price is able to breakout of the localised descendant trading channel.

But while on-chain traders size up a late entry, in other news, an emerging Bitcoin cloud mining presale is stealing the limelight.

Bitcoin Minetrix (BTCMTX): Presale Enters Stage 2 Funding as +$1.5M Raised

Dive into the innovative world of Bitcoin Minetrix and its pioneering stake-to-mine system – as the  skyrocketing presale smashes +$1,582,617 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.

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 mold, 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 $1,582,617 raised towards its $3M goal. At a competitive price of just $0.011 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 16, 2023 October 16, 2023
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