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Bitnance (BTN) Presale Welcomed by Investors of Various Types

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Sat, 31/08/2024 - 10:32
Bitnance (BTN) Presale Welcomed by Investors of Various Types
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The whale was first tracked last week but now the presale address for BNB transactions is being inundated with small purchases from crypto shrimp and plankton.  

Crypto whales might be exploring BTN

A millionaire crypto whale investor was reported 4 days ago supposedly bought only $1104 of BItnance in the token presale; after a review of the full presale transaction address for ETH buys, the total of purchases of this whale were found to be slightly higher.

Also, since that whale bought into the presale, another giant of the crypto sea hierarchy has joined and claimed the title of the top Bitnance token holder.  On Tuesday a new power-buyer bought nearly $2,100 of the tokens in presale. 

Also using Ethereum (ETH) coins for the purchase, the buyer claimed an estimated 5882 tokens through two buys.   The first buy was for 0.4ETH and the second was for 0.41 ETH. 

Multi-purchases in initial coin offerings and normal cryptocurrencies is a technique used by many savvy investors, called “Dollar Cost Averaging” or DCA’ing.   And as this has become a visible trend in the Bitnance Token Presale, it would indicate many buyers of the ICO are seasoned traders with extensive experience.

However, on the Bitnance’s presale address another positive signal has been identified.  Crypto shrimps are beginning to follow the whales.  While Crypto Whales add larger amounts,  the ‘little guys’ are needed to fuel the trading volume and they are arriving.

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These single purchase action Crypto shrimps could also be labeled ‘barnacles,’ as they follow the trend of smart money.  However, with them investing this early at the lowest price for the token before it goes live on the market for +30% higher, should also be considered ‘intelligent’ buyers.

Crypto planktons, who invest $5 or $10, looking to enter the market have not shown up in strong numbers yet.    However, it won’t be a surprise when they do arrive at this point; the sales trends are strong and upwards, inducing a rapidly growing popularity of this crypto brand. 

Bitnance tokens are being offered at a rate of $0.357 each today.  

Bitnance (BTN) unlocks fresh opportunities for investors

Bitnance is a digital store of value asset.  The burgeoning cryptocurrency is based on the layer-1 solution, BNB Chain formerly known as  Binance Smart Chain.

The blockchain used for the Bitnance token is less expensive to trade on, more secure, and able to handle transactions faster per second.

As a part of the Binance smart chain system,  over 180 million users globally will have the option of retaining the value of their currency and without switching blockchains.

In comparison, there’s only about 50 million people who own Bitcoin in the world per Exploding Topics.

With over 435 million people expected to be using cryptocurrency by the end of September 2024, this means that Bitnance (BTN) token could have an easier reach to a larger audience due to its blockchain association.

Bitnance’s token presale will end on December 31st.  After closing, it will begin appearing on public crypto exchanges on or around December 5th. The token’s listing day price is expected to be set at $0.456.

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