A Promising BEP-20 Cryptocurrency
The online community of cryptocurrency traders and enthusiasts is currently being stirred up by a new BEP-20 token called Bitnance, which is fast approaching $18,000 in presale.
Structured as a Bitcoin competitor on the Binance blockchain, Bitnance represents an applicable store-of-value solution with remarkable advantages in terms of lower transaction costs and faster processing times.
All About Bitnance?
Bitnance is a BEP-20 token designed to offer investors a stable store of value in times of crisis because of worldwide inflation.
In contrast to the resource-intensive Bitcoin blockchain, which serves as the basis for Bitcoin’s operation, Bitnance makes use of the more affordable Binance blockchain.
Each BTN token will be offered at a price slightly below $0.36 during its ICO stage, with a hard cap set at $2 million.
It is looking to sell 5.6 million tokens in the Bitnance presale from a total supply of 10.5 million BTN tokens.
The rest would be allocated to the Dev for liquidity with 2.15 million and crypto exchange listings with 2.75 million. Notably, the presale has already attracted huge interest, with traders at projects such as Pepe and Bonk Inu actively participating to acquire BTN.
“We feel that Bitnance can outperform any other SOV token, such as the Mollars,” stated a representative of Bitnance.
“Our priority of making the token distribution fair and approachable sets us apart from others, which puts us at an advantage concerning competition.”
Comparison to Other SOV Tokens
Comparisons have been made of Bitnance to Ethereum’s $Mollars token, which returned 400% to early investors. It went through a few price adjustments, but the potential for heavy gains was there.
Bitnance aims not only to match this success but to outperform it using the popularity and efficiency of the Binance blockchain.
The Binance blockchain hosts the world’s largest cryptocurrency exchange, thereby giving Bitnance a large user base. If only a small fraction of Binance’s users move over to BTN, the result will be amazing.
Indeed, some analysis has gone ahead to speculate that BTN will achieve an all-time high of $5 shortly after launch, significantly above the initial ICO price.
Technological Advantages of Bitnance
One of the major benefits to investment in Bitnance has to do with reduced transaction costs. Where Bitcoin transactions can have more than $34 in fees, it usually comes at less than $2.50 to transact on the Binance blockchain.
It is this cost efficiency, coupled with faster processing times, that sets BTN as a more compelling alternative for traders looking to squeeze the most from their investment.
With an estimated market capitalization of over $4.8 million at listing, this places Bitnance to rapidly rise through the ranks in the top cryptocurrencies.
Its appeal is further enhanced by the commitment of the team to transparency and equal-opportunity distribution.
In Conclusion
For Bitnace holders, $BTN will be a much-promising addition to the cryptocurrency market.
As Protagonists closely follow the development of Bitnace, journeying through whether it would fulfill the promise and bring about the very daring growth.
