The self-proclaimed “more versatile version of Bitcoin”, BTC20, has hit the crypto scene. Its presale is currently underway, enabling investors to buy at Bitcoin’s 2011 price of just $1. Despite just launching, the project has experienced tremendous hype so far, with over $300k sold already.
This BTC20 price prediction looks at what the new project offers and whether it can live up to its potential as a hybrid version of both BTC and ETH. Let’s begin.
BTC20 Price Prediction Summarized
- End of 2023: The BTC20 presale will take place at $1 per token. With similar tokenomics to Bitcoin and improved features such as staking, interest will likely surge once BTC20 launches on exchanges. Therefore, our BTC20 price prediction estimates a price of $3 by the end of 2023.
- End of 2025: According to its whitepaper, BTC20 aims to add utility within dApps in the Ethereum ecosystem and explore governance rights. Considering its limited supply and staking feature, these future developments could greatly benefit its price. With this in mind, our BTC20 price prediction forecasts a price of $7.5 by the end of 2025.
- End of 2030: How far BTC20 can go remains to be seen. Still, the project will be 100% community-owned and decentralised, so it has plenty of long-term potential. As such, we forecast the price of BTC20 could reach $12.5 by the end of 2030.
BTC20’s Price History
BTC20 launched as a presale on the 17th of July 2023. The project offers investors the chance to purchase the token at Bitcoin’s 2011 price of $1.
It aims to build upon the foundations of Bitcoin, making it more accessible, functional and environmentally friendly.
BTC20 is an Ethereum ERC-20 token, making it compatible with all other Ethereum-based decentralised applications (dApps).
Like Bitcoin, BTC20 comprises of 21 million tokens. However, just 6.05 million will be available in its presale, with the remainder allocated to staking rewards.
According to its whitepaper, the staking unlock schedule spans 120 years, making BTC20 a highly scarce asset.
The BTC20 staking feature – Stake to Earn, enables investors to deposit tokens in the project’s smart contract and receive staking rewards proportional to their share in the staking pool. In other words, the more holders stake, the more they earn.
BTC20’s presale will be carried out at a single-tiered price of $1. With 6.05 million tokens available, the presale hard cap is $6.05 million. The presale also features a soft cap of $3 million.
BTC20 price history key points:
- The project’s presale launched on 17 July.
- BTC20 is an Ethereum-based ERC-20 token.
- A total of 6.05 million tokens will be available in the presale, equating to a $6.05 million hard cap.
- The remaining tokens are allocated to staking rewards, with a 120-year incremental unlock schedule.
Presale Started | July 2023 |
Purchase Methods |
ETH, USDT |
Chain | Ethereum |
Hard Cap | $6,050,000 |
Min Investment | N/a |
Max Investment | N/a |
BTC20 Price Prediction 2023
At the time of writing this, BTC20 is two days old. Nevertheless, the project has already amassed over $200K in its presale and received mass media coverage from news outlets and influencers.
This is a promising sign for BTC20’s future, showing that investors and media value the project.
BTC20 aims to build on the foundations of Bitcoin, solving its most prominent criticisms.
Since BTC20 is built on Ethereum, it is compatible with all of Ethereum’s decentralised applications. This includes DeFi, metaverse, and Play2Earn applications.
Moreover, users can buy and manage BTC20 using their MetaMask or other Ethereum wallet.
These two factors make BTC20 much more accessible and versatile for the average crypto user, presenting an easy-to-understand value proposition.
With the community already comprehending these advantages, our BTC20 price prediction forecasts a price of $3 by the end of 2023.
BTC20 Price Prediction 2025
BTC20 introduces a Stake to Earn feature, enabling users to earn rewards by staking tokens, juxtaposed to “mining” rewards on the original Bitcoin blockchain.
Bitcoin mining has been criticised for its significant energy consumption, but staking presents a far more environmentally-friendly solution.
Moreover, mining is complex to get started with, and users generally have to pay high upfront costs for expensive mining hardware. Furthermore, electricity costs associated with mining Bitcoin often make it unprofitable, leading many miners to move country seeking cheaper energy.
On the other hand, BTC20’s Stake to Earn mechanism means users can deposit their BTC20 tokens into the project’s smart contract and receive passive staking rewards – all without lifting a finger.
This means BTC20 boasts a much simpler rewards process while benefiting from sustainability and Ethereum’s esteemed network security.
Although BTC20 builds on top of Bitcoin’s foundations in some ways, it remains true to them in others.
As mentioned, BTC20 features the same 21 million capped token supply as Bitcoin. All tokens will be available in the presale or via staking rewards, making the project will be 100% community-owned and decentralised.
Moreover, holders will likely lock up most of the circulating supply to earn staking rewards.
Essentially, BTC20 uses the same scarcity model as Bitcoin. It is well-known that Bitcoin’s scarcity is one of its primary price drivers, so this could massively boost the BTC20 price.
Considering its advantages over Bitcoin and its similar scarcity-based tokenomics, our BTC20 price prediction estimates a price of $7.5 by the end of 2025.
BTC20 Price Prediction 2030
Since BTC20 is a newly launched project, how far it can go remains to be seen. However, its ability to generate hype, strong value proposition, and sustainable tokenomics could make it one of the top long-term cryptos.
According to the project’s whitepaper, the team aim to secure strategic partnerships, add utility with dApps and create governance rights within the BTC20 ecosystem.
However, since the project is built on the Ethereum blockchain, the possibilities and potential future use cases are endless.
One of the main advantages of BTC20 is that it is native to Ethereum. Currently, investors and Ethereum-based protocols looking for exposure to Bitcoin must utilise wrapped Bitcoin tokens.
This presents a substantial risk, as most wrapped cryptos feature counterparty risk by relying on blockchain bridges. This is the Achilles heel of crypto, with bridges being hacked for $1 billion in 2021-2022 alone.
Since BTC20 does not rely on blockchain bridges, investors and dApps may prefer to utilise the token over wrapped Bitcoin for added security. If so, the liquidity entering the project would explode.
Also, with environmental, social and corporate governance (ESG) a key priority amongst institutional investors in recent years, BTC20’s use of Stake to Earn could make it a preferred “greener” alternative for whales.
With this in mind, our BTC20 price prediction estimates a price of $12.5 by the end of 2030.
Potential Lows and Highs of BTC20 Price
After getting off to a roaring presale start, BTC20 has already proved to be one of the best staking coins. Therefore, the question becomes, how far can it go? We have listed our expected lows and highs below.
Year | Possible Low | Possible High |
2023 | $2 | $3 |
2025 | $9.5 | $7.5 |
2030 | $9 | $13 |
What Is BTC20?
BTC20 is a Stake to Earn cryptocurrency which aims to be the greener and more versatile of Bitcoin. The project is currently amid its presale, priced at the symbolic 2011 Bitcoin price of just $1.
It features the same 21 million capped supply as Bitcoin. However, some tokens will only see the market in over a century thanks to its 120-year staking rewards unlock schedule.
To earn passive BTC20 rewards, users can stake their BTC20 tokens in the project’s smart contract. This is far more simplistic than Bitcoin’s mining and uses much less energy.
Yet in true Bitcoin fashion, all the BTC20 tokens are allocated to the presale and staking rewards, making the project 100% community owned and decentralised.
Also, BTC20 is an Ethereum ERC-20 token. Therefore, users can buy and manage it from their Ethereum wallet, like MetaMask or Trust Wallet. Moreover, other Ethereum-based dApps can integrate it, providing further utility to BTC20.
What Factors Influence the BTC20 Price?
BTC20 has got off to an immense start, cementing itself as one of the top ICO projects. Looking ahead, there are numerous factors which could affect its price. Let’s take a look at them below.
Hype
As with all new projects, hype will significantly affect the BTC20 price. However, BTC20 differs from other new projects since it builds on the disadvantages of the world’s largest cryptocurrency.
This has caused the hype surrounding BTC20 to soar. If excitement continues at this rate, the price will likely pump considerably.
Media Interest
Despite launching just two days ago, top crypto influencers and media outlets have already picked up on BTC20. Media interest can greatly impact a project’s price. Therefore, BTC20 could become one of the top low-cap cryptos if it continues to gain traction.
Scarcity
BTC20 has utilised similar tokenomics and scarcity tactics to Bitcoin. These measures often lead to fear of missing out (FOMO).
Following its launch, staking will become available, meaning much of the presale supply will be locked away, and only a limited supply will be available. Consequently, investor FOMO may kick in, causing its price to rise.
Integrations and Added Utilities
Since BTC20 is built on the Ethereum blockchain, there are many possibilities for future developments and integrations for the project. The further utility will inevitably boost the BTC20 demand, causing its price to increase too.
How to Buy BTC20
This section explains how to buy BTC20 in five simple steps.
Step One – Set up a Software Wallet
Start by creating a software wallet. We will use MetaMask for this tutorial, but you can use any Ethereum-compatible software wallet.
Visit the wallet provider’s website or search for it on the App Store, then download it to your device. Follow the wallet set-up instructions to get started, ensuring you store your seed phrase securely.
Step Two – Load the Wallet to Fund Your Investment
Send ETH or USDT from your centralised exchange account to the software wallet, or pay for USDT or ETH on MetaMask directly with your bank card.
Step Three – Connect the Wallet to the BTC20 Presale
Visit the BTC20 website and click “Connect Wallet”. Next, follow the prompts provided by MetaMask to finish connecting to the presale.
Step Four – Buy $BTC20 Tokens
Once your wallet is connected, choose the number of tokens you want to buy and complete the purchase.
Step Five – Claim Your BTC20 Tokens
Finally, at the end of the presale, revisit the BTC20 website to claim your tokens.
Closing Thoughts
BTC20’s presale has got off to a strong start. While it remains to be seen how far it can go, all signs point to a bright future.
However, with the presale selling out quickly, there is limited time to buy “a more versatile Bitcoin” for just $1.
FAQs
How much is the BTC20 presale?
The BTC20 presale will take place at $1. Unlike most other crypto presales, BTC20 will have a single price throughout. This minimises sell pressure after the exchange launch, enabling sustainable growth.
What will BTC20 be worth in 2025?
According to our BTC20 price forecast, one BTC20 could be worth $7.5 by the end of 2025. Our projections also estimate lows of $5.5 for the same year.
How much will BTC20 be worth in 2030?
Based on our BTC20 forecast, the price could range between $9 and $12.5 by the end of 2030. While there is certainly potential for it to climb higher, our current prediction is based on everything we know so far about the project.
Is BTC20 worth buying?
BTC20 leverages Bitcoin’s scarcity model as well as factoring in Ethereum’s functionality and “Stake to Earn” to boost ecofriendliness and the ease for users to earn rewards. As a result, the project has proven immensely popular. According to our BTC20 price prediction, the project has substantial upside potential ahead.
Disclaimer: The Industry Talk section features insights from crypto industry players and is not a part of the editorial content of Cryptonews.com.
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