Follow CriptoFacil on Twitter. In the latest bull run, FWEN has appreciated +1,000% as market interest intensifies, particularly for the airdrops of this friend-tech token. The FWEN airdrop apparently distributes the supply in increments of 10%.
📢 Announcement: The first batch claim was only 10% of the total eligible amount. Second batch starts from 8am GMT 2nd Oct
We are just getting started, and there’s so much more to come! #wraf $fwen pic.twitter.com/HLfXDzSP8i — FWEN (@fwenxyz) October 2, 2023
And this comes before the highly anticipated bridge launch, which will expand FWEN into a compatibility bridge with ETH.
FWEN Price Analysis: How high can FWEN’s airdrop go?
Amidst the dramatic upward movement, FWEN has undergone an impressive consolidation. The action of crypto bulls has led FWEN to currently trade at a market price of $0.051961 (representing a +947% variation in 24 hours). This comes after an explosive token launch on October 1st, which saw the price action skyrocket +2,055% in just 5 hours from the launch price, reaching an all-time high of $0.054300. In the following hours, FWEN’s price action experienced localized retracement as early supporters took profit. However, the solid support established at $0.051760 has laid the foundation for the resumption of the uptrend structure as traction continues to grow.
This growth in interest is demonstrated by the strong buying pressure that sustains the ongoing price action, with purchases accounting for 62% of transactions. And this has generated sensational volume – with over $5.18 million in trading volume in the past 24 hours, fueling a market value of $1.48 million.
Overall, with an unbreakable support level at $0.051760 established over 12 hours of consolidation, the price action is now poised to rise. In the short term (next 6 hours), this leaves a positive target at $0.053240 (a potential move of +65% from here). While downside risks exist, they appear limited due to the lower support at $0.051760 (a limited drop of -10.36%). This leaves FWEN with a current risk of 6.33 – a brilliant entry for an emerging ETH-BASE bridge. But while on-chain markets face the risk of token airdrops – which in the past have experienced bloody price action, other traders are migrating to a new Bitcoin mining token that offers a profitable opportunity to diversify their Bitcoin position.
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Diversify in Bitcoin mining: Bitcoin Minetrix presale exceeds $300,000 fundraising
Bitcoin mining, often seen as something dominated by colossal corporations with vast financial resources and access to cutting-edge equipment, is going through a transformation. Bitcoin Minetrix aims to ensure that this profitable venture is not confined to just the elites, but rather accessible to all. How? By rewriting the rules of mining through its innovative Stake-to-Mine model.
Another essential milestone for #BitcoinMinetrix has been achieved!🚀 Surpassing the $300,000 mark. pic.twitter.com/My7SZDzm8w — Bitcoinminetrix (@bitcoinminetrix) October 2, 2023
In a move that aims to eliminate energy-consuming equipment, Bitcoin Minetrix provides a path where BTCMTX token holders can stake their tokens to receive mining credits. These credits open the doors to efficient cloud Bitcoin mining, making the process sustainable, secure, and most importantly, accessible to everyone.
See why BTCMTX could skyrocket upon its launch
By starting its ICO with an initial price of just $0.011 for the BTCMTX token, Bitcoin Minetrix is not asking for a fortune, making it an opportunity. An opportunity for investors to be part of a transformation that could very well redefine the Bitcoin mining landscape. And if the initial numbers serve as a reference – with the project raising $115,000 one day after the ICO announcement – investors are eager to jump on this mining bandwagon.
What’s even more compelling is that this is not just an investment in a token, but in a future-proof concept; a concept that blends the best of both worlds: staking and mining. The result? High APYs and rewards in the form of BTC, all without the traditional barriers of heavy investments and technical knowledge.
How does BTCMTX ensure security and transparency?
The crypto world has unfortunately seen its fair share of scams, especially in the cloud mining sector, but this is where Bitcoin Minetrix sets itself apart. It not only provides a transparent mining mechanism but also empowers its investors. How? By ensuring they have constant control over their staked tokens and the flexibility to cancel the staking whenever they see fit. No hidden clauses, no fine print, just direct staking and mining.
Additionally, for those concerned about the security of their investment, the BTCMTX smart contract has undergone a meticulous audit conducted by Coinsult, a respected blockchain security entity. The verdict? Completely clean.
In light of all this, it is clear that Bitcoin Minetrix stands out, not only for its unique proposition but for its commitment to making Bitcoin mining a universal endeavor. With a minimum investment of just $10, it is breaking down entry barriers, proving that millions are not needed to be part of the crypto mining elite. For those seeking to ride the next wave of innovation in crypto, the Bitcoin Minetrix presale is a path worth exploring. In a world where Bitcoin derivatives are growing, this is a project that not only promises returns but also advocates for the democratization of Bitcoin mining – a true game-changer in every sense of the word.
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Disclaimer: This article serves solely for informational purposes, does not constitute investment advice, or an offer to invest. CriptoFacil is not responsible for any content, products, or services mentioned in this article.
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