Bitcoin Price Struggles Near $26,000 as Traders Turn to New Crypto Presale Bitcoin Minetrix And Its Novel Stake to Mine Utility - Seite 2

As the Bitcoin price continues to trade sideways in a period of restrained liquidity and low volatility, traders are increasingly looking to Bitcoin alternatives.

Evidence of this phenomenon is apparent in the rise over the years of so-called Bitcoin derivative and clone coins.

From Bitcoin Cash to more recent varieties such as Bitcoin 2.0 and BTC20, these tokens are created to offer something different, namely a value differential when measured against Bitcoin.

In the case of Bitcoin Minetrix the unique selling points stacked up over Bitcoin are crystal clear and strongly utilitarian by design in a way that maybe is not apparent for many other derivative/clone offerings.

Certainly, where a coin has a good story to tell and transmits a readily digestible use case, traction can be immediate. BTC Minetrix is definitely one such coin.

$BTCMTX has a total supply of 4,000,000,000 (4 billion) tokens and the tokenomics are as follows:

Funds usage	% Allocation	Tokens
Bitcoin Mining	42.5 %	1,700,000,000
Marketing	35.0 %	1,400,000,000
Community	15.0 %	600,000,000
Staking	7.5 %	300,000,000

 

 

Bitcoin derivative coins pack a punch – BTCMTX will be among the big hitters

The recent launch of BTC20, which witnessed a 5x price surge shortly after its listing, is testament to the power of the Bitcoin brand.

Other recent Bitcoin derivative launches have also made waves, such as Bitcoin 2.0, which saw an 189,000% (1,890x) increase on its decentralized exchange listing price.

But while BTC20 has a clear utility use case as a staking coin, Bitcoin 2.0 has none and quickly lost its parabolic gains.