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Breaking News: Major Win For Memecoins: SEC Affirms They Typically Do Not Qualify As Securities

XRP, XLM, & HBAR Surge as Bitnance (BTN) Token Presale Surpasses 100K

NewsBTC
NewsBTC
5 months ago
4 mins read
Investors have purchased over 100,000 of Binance-Chains new store-of-value cryptocurrency, Bitnance (BTN)

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Este artículo también está disponible en español.

Crypto is in the hot seat.  Investors of all markets stand to be jealous of what the digital currency traders are earning this week.   The biggest stories are of HBar, XLM, and XRP; while the future of Bitnance (BTN) looks brighter as the presale surpasses 100,000 tokens sold.

The $BTN, if unaware, is a new store-of-value asset for the Binance blockchain.   The entire ecosystem of Binance is thriving,  as it’s now run by US-government selected  executives;  suggesting regulatory controls could further increase the value of impactful coins and tokens on the BNB-chain (formerly BSC Smartchain).

Bitnance (BTN) was just passing 60k tokens sold before Binance.US issued messages warning US customers accounts would be closed in various states. However, with the new administration coming into office, all of this could cause a positive chain of events, including a Binance surge back into positioning of America’s #1 crypto exchange & cheapest blockchain.

As the Bitnance (BTN) presale paused to analyze those past events, it’s back now and set to extend the presale into 2025.

Investor response thus far has been positive.  Over 40,000 tokens have been sold in 1 week and numbers are likely to continue to climb. 

$BTN tokens are selling at a price of $0.357 currently, allowing investors nearly 3 Bitnance per dollar invested. 

The token will list on exchanges at a  price of $0.47 or even $0.50 cents per token. The minimum profit return on investment  at these listing day prices will be +30% per statistics provided.

The tokens’ actual price is likely to surge much higher though in its first week, before correction.   Bitnance is expected to list on multiple crypto exchanges, in its first month.

XRP Coin, one of Crypto’s Oldest, Surges Ahead of Bitcoin

As for the tokens already active on exchanges, there’s a few smashing traditional investor return numbers.   Ripple (XRP), Stellar (XLM), and Hedera (HBAR) are absolutely running with the bulls at full speed; even Bitcoin (BTC) investors are behind these gainers by far.

Ripple (XRP) has reached a 3-year high, topping  $1.80 Friday afternoon.  It now has a $100-billion-dollar market cap as well, rushing it into the top 7 of cryptocurrency MCs.  

At the time of writing, the $XRP coin is priced at $1.80 USD.   The coin’s value rose nearly 16% in the past 24 hours and nearly +245% in the last month.  

Larry Jones, host of well-known YouTube investment series “Stock Up! with Larry Jones,” believes the $XRP coin will surpass its all-time high of $3.12, possibly shattering the record.  And the host also suggest, crypto millionaires will be made.

 

Hedera (HBAR) Token Runs up +300% For Some of last month’s Investors

The Hedera (HBAR) token is another big win for investors this month.   It’s risen into the ranking of 25th highest market cap for cryptocurrencies, reaching a price of $0.1681.

Over the week, the $HBAR is up just under +11% with it being up slightly over +247% over the past 30 days. 

Investors who bought Hedera at its lowest price in the past month ($0.042 USD)  are up nearly +300%; in layman’s terms, a $100 investment at that point is now worth $400.

Hedera token was not a hyped token to investors but some did buy and left it sitting, which has paid off in an expected but unpredictable market burst that’s given $HBAR a bigger pump than most others cryptocurrencies.

Stellar Crypto Ecosystem’s $XLM Token Up Nearly +500%

The last of Big 3 capping off the week is Stellar (XLM).   A token that has a partnership with banking of Ukraine, it’s had an interesting ride and even more interesting future.

If the War between Ukraine and Russia does not end, there’s rumors $XLM could increase exponentially over time as it’s said to be a method millions of dollars are being ciphered to the newly added European Union nation. 

However, it’s also believed that when the war ends, there will be an even bigger run of NATO/European Union funds into the Ukrainian banking system; something that could send Stellar to the moon.

Beyond that, the Stellar blockchain also has an interesting ‘sandbox’ program that’s geared towards helping creators launch new memecoins. This could create a new wave of income that will be injected into the Stellar ecosystem and could soon create a wave of new liquidity, boosting the market cap and popularity of $XLM, it’s native coin.

Currently priced at $0.533, the stellar coin is up +7.7% on the day.    Last week’s investors are up +22%, which almost rivals the ROI received on the precious metal, Gold [AU].

Those who invested one month ago are up a super stunning +468%, which trumps all cryptocurrencies at the moment.

This is definitely a token to watch, alongside the war of Ukraine and Russia.

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