Cryptocurrency Investment: Whales Infuse over $68,000 into Bitcoin during Hyper's Token Offering, elevating the Presale Total to $16.4 Million
The Bitcoin Hyper project, a promising initiative to develop a Layer 2 blockchain for Bitcoin, is currently in the midst of its presale. This innovative solution aims to address Bitcoin's scalability issues by leveraging the speed and efficiency of Solana's Virtual Machine.
The presale, accessible on the official Bitcoin Hyper presale page, welcomes investors of all sizes. The $HYPER token, priced at $0.012935, is available for purchase using credit/debit cards or crypto. For those who prefer a non-custodial approach, a secure bridge allows for the deposit and withdrawal of Bitcoin between layers whenever desired.
The Bitcoin Hyper project has already raised over $16.4M, with a recent $11.2K purchase today. This fundraising effort began three months ago, financed primarily through a presale where investors contributed over 16 million USD. Notably, institutional investors hold over 1 million Bitcoins, which is 4.7% of the total supply.
Bitcoin's underlying code limits its utility, making it unsuitable for smart contracts, dApps, DeFi protocols, and NFTs. However, the Layer 2 blockchain for Bitcoin promises Solana-level speeds and significantly lower transaction costs, making it a potential game-changer for the cryptocurrency's future.
The performance of Bitcoin is impressive, with its recent price reaching an astounding $124,000, and a market cap of over $2.3 trillion. Yet, it can only handle up to 7 transactions per second, a stark contrast to the 65,000 transactions per second that Solana can manage.
As we approach the next price increase, it's beneficial for investors to act sooner rather than later. A detailed guide on purchasing $HYPER tokens can be found on the 'How to Buy Bitcoin Hyper' page. Claiming $HYPER tokens is possible after the presale concludes, whether through buying or staking.
The Bitcoin Hyper project is poised to revolutionise the Bitcoin ecosystem, offering a solution to its long-standing issues of speed and cost. With less than two days before the next price increase, it's an exciting time to be a part of this innovative venture.
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