New Cryptocurrency Green Bitcoin Raises $3.2m While Bitcoin Price Breaks Through $70k

London, United Kingdom, March twelfth, 2024, Chainwire

All eyes have been on the crypto market previously few hours as Bitcoin broke via $70,000. The world’s largest crypto reached a contemporary all-time excessive of $72,377 earlier than pulling again barely.

Bitcoin’s rally has been charged additional by huge demand from companies like MicroStrategy, which not too long ago raised $800 million via a convertible notice providing to buy extra Bitcoin.

Whereas BTC is clearly the recent subject, a brand new undertaking known as Inexperienced Bitcoin (GBTC) can also be producing buzz by elevating over $3.2 million in its ongoing presale.

Inexperienced Bitcoin Raises $3.2M in Crimson-Sizzling Presale & Affords “Greener” Crypto Method

Inexperienced Bitcoin has now raised a staggering $3.2 million in simply the preliminary phases of its token presale occasion.

As its identify suggests, the undertaking’s core premise is to offer publicity to the crypto market via an eco-friendly lens.

Inexperienced Bitcoin is constructed on Ethereum’s energy-efficient Proof-of-Stake (PoS) blockchain as a greener various to Bitcoin’s Proof-of-Work (PoW) mining mannequin.

The builders have designed an ingenious “Gamified Staking” system that enables customers to stake the native GBTC token and earn rewards based mostly on precisely predicting Bitcoin’s value actions.

It basically combines the legacy and model recognition of Bitcoin with greener know-how whereas permitting GBTC holders to earn recurring rewards. The bottom staking charge for GBTC holders is 140% per yr, as per as we speak’s date.

Furthermore, GBTC stakers can earn bonuses on high of this charge if their BTC value predictions fall inside sure “inexperienced zones.”

Customers have additionally been piling into Inexperienced Bitcoin’s Telegram channel to study extra in regards to the undertaking and have interaction with the workforce.

A complete of 40% of the entire GBTC provide is earmarked for presale consumers. The workforce hopes the expansion and momentum continues in Q2 2024.

About Inexperienced Bitcoin

Inexperienced Bitcoin (GBTC) is a brand new crypto undertaking on the Ethereum chain offering a extra eco pleasant, sustainable various to Bitcoin, alongside staking rewards for holders and novel ‘predict to earn’ components together with weekly challenges.

The Inexperienced Bitcoin undertaking launched in late 2023 with a presale arduous cap goal of $7 million, with over $3 million raised to this point and 63% of traders opting to stake their holdings. The GBTC sensible contract has been audited by Coinsult and notable publications reminiscent of Cointelegraph have featured the token.

Go to Inexperienced Bitcoin Presale

Contact

Inexperienced Bitcoin
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