As the Pepe (PEPE) price pushes higher on Monday, with the broader crypto market in a good mood in the wake of the Bitcoin halving, Pepe holders are taking profits and redirecting funds to a new Bitcoin ICO called 99Bitcoins (99BTC).
PEPE was last trading with gains of around 10% in the $0.0000065 area. It has now bounced around 65% from earlier monthly lows.
If Pepe can break to the north of its recent downtrend, it could quickly recover to record highs.
And while the meme coin could continue to perform well, hype is growing around Bitcoin protocols after the halving.
The halving saw the launch of a new protocol on Bitcoin called Runes. Created by the same developer as the Ordinals protocol, which allowed users to “inscribe” images, audio, and code files directly onto the Bitcoin blockchain, Runes is designed to facilitate the creation of fungible tokens.
The launch of the Rune protocol was such a success that it launched Bitcoin transaction fees to new record highs.
BITCOIN FEES DECLINE FOLLOWING RECORD HIGHS
After reaching a peak due to the implementation of the Rune Protocol during Bitcoin’s latest halving event, the average transaction fee on the Bitcoin network has significantly decreased.
The average paid fee dropped from a record… pic.twitter.com/AAedjzeAWs
— Mario Nawfal’s Roundtable (@RoundtableSpace) April 22, 2024
Pepe holders are thus monitoring opportunities in the fast-evolving Bitcoin ecosystem. And one innovative new learn-to-earn Bitcoin ICO token called 99Bitcoins (99BTC) is catching a lot of attention.
New Bitcoin ICO – Can It Overtake Bitcoin Cash?
99Bitcoins produces courses to help investors make their first steps into the crypto space. It currently has over 100,000 enrolled students.
Additionally, 99Bitcoin’s YouTube channel has over 700,000 subscribers, and its mailing list has nearly 3 million members. Already a household name in the crypto education space, 99Bitcoins is now taking its web3 involvement to the next level.
The team is launching a new L2E token ($99BTC) designed to reward individuals for learning about cryptocurrency.
The classic 99Bitcoins platform is integrating with BRC-20 to kickstart the Learn-2-Earn (L2E) model on the Bitcoin blockchain.
$99BTC is currently available in a crypto presale that has already raised more than $650,000 in under two weeks.
🚀 We’ve just surpassed $600K in our $99BTC #Presale! 🎉
With Stage 2 closing in just 1 day, now is the perfect time to join before prices rise in Stage 3. Hurry and secure your tokens at a lower rate! 🚀
Act now: https://t.co/NXD7DAamqr#99Bitcoins #CryptoPresale #Web3 pic.twitter.com/Mre143xsG0
— 99Bitcoins (@99BitcoinsHQ) April 22, 2024
99Bitcoins is making 10.5% of its $99BTC token supply available to early investors in the presale.
Tokens are currently up for $0.00101, giving the token a market cap of under $100 million.
That could be a bargain given 99Bitcoins’ huge community and potential to become a leader in the fast-growing L2E space.
Crypto experts are already coming out of the woodwork as early birds in this project.
Jacob Crypto Bury thinks this new L2E token could present a 10x investment opportunity.
TodayTrader, meanwhile, thinks the token has huge potential and that early buyers could become millionaires.
Some are even speculating that 99BTC could go as far as overtaking Bitcoin Cash (BCH). That prediction may be a little farfetched. BCH’s market cap is around $10 billion after all.
99BTC would need to post 100x gains to reach this level. But everything is possible in the fast-evolving crypto market.
Here’s How 99Bitcoins (99BTC) Will Work
99Bitcoins uses a blend of gamification and a leaderboard reward system to pay out rewards for engagement. The idea of “learn-to-earn” rests on the premise that users will be incentivized to learn more if learning bears financial benefits.
The gamification aspect comes about through various different learning resources, like interactive learning modules, quizzes, and tutorials. Successful completion of these challenges will raise a user’s 99Bitcoins rankings. The higher the ranking, the greater the payout.
Users will be able to unlock more courses as they progress through the exercises, which means more rewards in a self-motivating and immersive experience that stays engaging and enjoyable for users of all levels of crypto knowledge.
For today’s highly switched-on video game and smartphone palming generation, it’s more familiar than textbooks.
99Bitcoins platform will offer comprehensive curricula on various topics at all levels, from wallet basics and how-to guides to trading signals, strategies, trends, and technical knowledge.
Readers can learn more about $99BTC by checking out the whitepaper.
🔐 Holding $99BTC tokens will unlock a suite of premium content, from advanced courses to expert webinars.
Learn everything you need to know about #Crypto. 🚀
Secure your spot today.
👉 https://t.co/NXD7DAamqr#ExclusiveContent #CryptoInvesting pic.twitter.com/siYrmvI28O— 99Bitcoins (@99BitcoinsHQ) April 22, 2024
99BTC Is A Secret Passive Income Gem – Can It Overtake Bitcoin Cash?
14% of the 99BTC token supply is being reserved for staking rewards. That means that early $99BTC investors have the opportunity to benefit from price appreciation and passive income. APYs for presale investors are currently at an insane 4,000%.
27.5% of the supply is reserved for project funds, 23% for marketing, 8% for liquidity, and 17% for community rewards.
99Bitcoins is currently running a massive airdrop of $99,999 worth of Bitcoin (BTC). This will go to 99 early supporters who follow the instructions on the official website.
Join our $99,999 $BTC #Airdrop! 🌟
Increase your chances of winning by completing more tasks—each one earns you additional entries.
Be one of the 99 lucky winners! 🚀
Get started! https://t.co/ZXji0s6ACe#BTCAirdrop #CryptoGiveaway pic.twitter.com/GzBkfTFNPF
— 99Bitcoins (@99BitcoinsHQ) April 20, 2024
According to an announcement on the platform’s X/Twitter, there will be an airdrop and a giveaway.
The protocol will reward three participants with $9,999 worth of Bitcoin for following, retweeting, or signing up on the website.
The 99Bitcoins mobile app is available for download on Google Play and App Store, keeping users up-to-date on all the latest crypto prices and news.
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
