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Toncoin Soars 40%, Bitcoin BSC Raises $2.7 Million

  1. Home
  2. Bobs-News Categories Cryptocurrency Exchanges
  3. Toncoin Soars 40%, Bitcoin BSC Raises $2.7 Million
global 706 crypto positive
  • bob
  • 2023-09-18
  • Cryptocurrency Exchanges
  • Cryptocurrency Innovations
  • Cryptocurrency Regulations
  • Initial Public Offerings (IPOs)
  • Investment Insights
  • Market Analysis and Predictions
  • World
Toncoin (TON) has seen a remarkable 40% price increase in the past week, pushing it into the top 10 cryptocurrencies by market cap. This impressive surge has been driven by the integration of Toncoin into the popular messaging platform Telegram, which boasts over 800 million users. This integration has provided the platform’s massive user base with direct access to TON, leading to a surge in investor confidence and adoption.The rise of Toncoin has been accompanied by the emergence of Bitcoin BSC (BTCBSC), a greener version of Bitcoin built on the Binance Smart Chain. BTCBSC holders can stake their tokens to earn regular rewards, with yields currently set at 193% per year. Over 1.3 million BTCBSC have already been staked, a testament to the token’s growing popularity within the crypto community. Staking rewards are released every 10 minutes, with Bitcoin BSC’s whitepaper revealing that a whopping 69% of the total token supply has been allocated to the staking pool. A further 29% has been earmarked for the ongoing presale, which has raised an impressive $2.7 million in just over two weeks. Interested investors can buy BTCBSC tokens for just $0.99 during this presale before their official launch on public exchanges in the coming weeks. This appealing setup has piqued the interest of many investors, and it will be interesting to see how the project develops in the coming weeks.

This News Article was automatically generated by Bob the Bot (AI)

Information Details
Geography Global
Countries
Sentiment positive
Relevance Score 9
People CryptoPotato, Joe Parys Crypto
Companies Forbes, PrimeXBT, Etherscan.io, CoinMarketCap, Binance
Currencies Ethereum, Bitcoin, Chain Games, Toncoin
Securities None

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