New Crypto Presale Raises Over $200K Is BTCETF The Best Deflationary Altcoin To Buy Now

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The new deflationary cryptocurrency on the Ethereum blockchain, Bitcoin ETF Token, surpassed $200,000 during its pre-sale. The approval of a spot Bitcoin ETF is approaching, but the exact timing is still unclear.

While crypto investors await the SEC's decision, a new ERC-20 cryptocurrency pre-sale project, the Bitcoin ETF Token, has been unveiled, giving investors the opportunity to benefit from the expected impact of the Bitcoin ETF's spot launch in the US. advantage.

Deflationary use of coins rewards investors in the Bitcoin ETF stage.

There are rumors that the SEC may approve a spot Bitcoin ETF in the US. Bitcoin ETF tokens are created as deflationary coins that can reward their holders at Bitcoin ETF levels.

When these milestones are reached, such as the announcement of an exchange-traded fund (ETF) approval date or the initial launch of the ETF for trading, a portion of the total supply of $BTCETF will be depleted. The development team aims to burn 25% of the total token supply over time, reducing it from $2.1 billion BTCETF to $1.57 billion BTCETF.

This deflationary process is intended to make tokens increasingly scarce and encourage long-term ownership. In addition, $BTCETF offers staking rewards that increase depending on how long holders lock their tokens. The staking reward currently offered is 1.137% and will decrease as more $BTCETF tokens are deposited. The official project document states that 25% of the total supply will be allocated for staking, which will increase the security and stability of the network. For complete information on the new Bitcoin ETF, watch the video above and subscribe to the YouTube channel to learn more about the cryptocurrency pre-sale. Jacob Crypto Bury also runs a Discord channel with 17,000 members that provides trading information and information on upcoming cryptocurrency pre-sales. The $BTCETF presale is almost 50% sold out at its current presale stage. The new Bitcoin ETF ICO token is only a few days old, but it has already raised over $200,000 from investors. Potential investors can visit btcetftoken.com to participate in the ongoing pre-sale, which gives early backers the opportunity to earn tokens for $0.005. However, the next move will see the price rise to $0.0052. The pre-sale consists of ten stages, each of which will give away 84 million BTCETF tokens. Pre-sale buyers have access to 40% of the total supply. Once the pre-sale is completed, the team plans to launch the token on a decentralized exchange (DEX) to make it available to everyone. At launch, 10% of the total supply of $BTCETF will be used for liquidity and the token burn mechanism will be activated through sales tax. First, every $BTCETF transaction is subject to a 5% tax, which means that 5% of the transaction tokens are destroyed. However, with each real milestone, such as the approval of the first Bitcoin ETF, taxes are reduced by 1%.

Check out #BitcoinETF, an innovative initiative set to revolutionize the #cryptospace with a forward-thinking approach to the upcoming #Bitcoin ETF.

Experience the unique mechanics and tactics that set #BTCETF apart in the virtual asset market. pic.twitter.com/quNPJ28EsV

— BTCETF_Token (@BTCETF_Token) November 9, 2023

Once all steps are completed, the transaction tax will ultimately be 0%, rewarding buyers who stay with the project during important events. This declining tax structure is consistent with the previously mentioned deflationary token burn approach, which aims to benefit $BTCETF holders over time. This setup offers the most advantageous purchasing opportunity for early adopters of the Bitcoin ETF token project. The Bitcoin ETF Token Telegram channel and Twitter saw an influx of new participants as news of the pre-sale spread across social media and the crypto community. Interested investors can check out our guide to buying a Bitcoin ETF here. Reliable investment options for crypto investors The Bitcoin ETF's profile was further enhanced by coverage from major cryptocurrency news outlets. The project's ongoing pre-sale and unique concept has attracted the attention of influential crypto sites. Widespread coverage by leading news outlets underscores widespread interest in $BTCETF and adds credibility to the growing project. In addition, the detailed Bitcoin ETF token roadmap outlines specific milestones that will cause the tokens to burn and reduce the sale fees. Bitcoin ETF recently underwent a comprehensive smart contract audit by Coinsult, a leading blockchain audit firm. A thorough audit involves reviewing the token's smart contract code to identify any vulnerabilities or issues. A manual review of Coinsult's code did not reveal any high or medium risk issues with the Bitcoin ETF Token smart contract. The audit identified key features of the contract, such as the inability of owners to create new tokens or blacklisted addresses, which is important for limiting centralization risks. Coinsult also confirmed a 5% commission on sales and noted that owners can exclude addresses from the commission. Overall, Coinsult's positive audit report bolsters confidence in the Bitcoin ETF token project. Since no significant problems were identified, the audit gives investors confidence in the integrity of the smart contract code. Using tokenomics and a clear roadmap, the creators of the Bitcoin ETF token have developed a transparent strategy for creating value. This gives investors insight into the tokenomics structure that will benefit them in the coming months and years. This authenticity and incentive alignment further confirms the reliability of the Bitcoin ETF token. Take part in the $BTCETF token presale at btcetftoken.com. Connected

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Assets and arbitrage. Episode 85 – Conclusion, etc. Tags: Crypto Price

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