The Bitcoin Hyper ($HYPER) presale continues to warmth up, breaching the $16.4M value milestone as whales pile in.
Huge buys of Bitcoin Hyper ($HYPER) tokens amounting to $69.8K since Monday have propelled the crypto fundraiser into the limelight, setting it up as one in every of this 12 months’s hottest presales.
Issues ought to get much more thrilling because the venture chases its aim to carry velocity, low transaction prices, and expanded utility to the Bitcoin ecosystem.
Why Bitcoin Wants a Layer 2 Blockchain
Since launching in 2009, Bitcoin has cemented itself because the world’s premier cryptocurrency. It continues to dominate with its over $2.3T market cap and value that not too long ago reached as a lot as $124Ok.
Institutional traders have additionally begun stockpiling Bitcoins, with company treasuries holding over 1M $BTC, or 4.7% of the full provide. In different phrases, Bitcoin stays the best choice for anybody trying to spend money on digital property.
However regardless of its standing, Bitcoin has been slowed down by points akin to sluggish and costly transactions.
A part of this is because of its underlying code, which has been simplified to make it one of the safe cryptocurrencies. Nevertheless, this severely limits the coin’s utility, which is why you possibly can’t use it for sensible contracts, dApps, DeFi protocols, and NFTs.
Plus, it could solely deal with as much as seven transactions per second (TPS). Blockchains that got here after it could do considerably extra, with Solana capable of deal with as much as 65Ok TPS, for instance.
Fixing these points requires extra than simply rewriting the code; doing so would compromise Bitcoin’s strong safety.
The answer? A Layer 2 blockchain for Bitcoin.
Bitcoin Hyper: Constructing the Bitcoin Quick Lane
The Bitcoin Hyper ($HYPER) venture, now in presale, is elevating funds to develop a Layer 2 that may make Bitcoin transactions sooner and cheaper, and increase what an everyday Bitcoin can do, all with out sacrificing safety.
When launched, the Bitcoin Hyper will unlock limitless purposes for $BTC, akin to interacting with dApps and staking.
The L2 will run on a Solana Virtual Machine, which delivers Solana-level speeds and considerably decrease transaction prices.
You possibly can deposit and withdraw your $BTC between layers securely, everytime you need, due to a non-custodial bridge.
Right here’s a fast have a look at how the Bitcoin Layer 2 works:
The Bitcoin Hyper venture has generated loads of buzz out there. It has already raised over $16.4M, with current whale buys amounting to just about $70Ok since Monday, including today’s $11.2K purchase.
Be part of the Bitcoin Hyper Presale and Assist Write the Subsequent Chapter in Bitcoin’s Story
You don’t should be a whale to take part within the Bitcoin Hyper presale. With its $HYPER token priced at solely $0.012935, you possibly can simply make investments with out breaking the financial institution and be a part of the liberation of Bitcoin.
To get began, go to the official Bitcoin Hyper presale web page, join your crypto pockets (e.g., Best Wallet app) to the presale widget, and buy $HYPER along with your credit score/debit card or crypto.
For a extra detailed information on buying $HYPER tokens, learn our ‘How to Buy Bitcoin Hyper’ web page.
Alternatively, you possibly can stake your tokens to earn passive revenue. At the moment, the staking rewards are set at 70% p.a., however observe that this will nonetheless change relying on what number of tokens are locked within the staking pool.
Whether or not you purchase outright or stake, you possibly can declare your $HYPER tokens as soon as the presale concludes.
There’s lower than two days earlier than the subsequent value improve, so the earlier you get your $HYPER, the higher.
Be part of one in every of this 12 months’s largest crypto presales. Join the Bitcoin Hyper presale today.
Disclaimer: This content material has been equipped by a 3rd get together contributor. Courageous New Coin doesn’t endorse or promote any services or products talked about herein. Readers are inspired to conduct impartial analysis earlier than making any monetary selections. The data offered is for informational and academic functions solely and shouldn’t be interpreted as funding recommendation.
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