Whales Pour into Bitcoin Hyper Presale, Sending It to $16M in its Bid to Supercharge Bitcoin

The Bitcoin Hyper ($HYPER) presale continues to warmth up, with whales shopping for $64K value of $HYPER tokens over the previous weekend. This noticed the venture elevate over $16M on its ongoing fundraiser.

As a Layer 2 venture, Bitcoin Hyper ($HYPER) has the potential to remodel the Bitcoin ecosystem and make transactions sooner and cheaper, whereas increasing $BTC’s utility.

Bitcoin’s Need for Speed, Low-Cost and Flexibility

Bitcoin ($BTC) has been altering the world of finance ever since its launch in 2009. While initially seen as a extremely speculative and dangerous funding, it has gained legitimacy amongst establishments.

In reality, funds and public corporations now own roughly 12.3% of all bitcoins. With the quantity of $BTC capped at 21M, that interprets to about 2.5M owned by these organizations.

Yet, regardless of all the excitement, Bitcoin has just a few drawbacks.

The chain’s simplified script makes Bitcoin one of the crucial safe cryptocurrencies. However, it limits Bitcoin from getting used in extra superior purposes, similar to sensible contracts, dApps, DeFi protocols, and NFTs.

What’s extra, the chain can solely deal with up to seven transactions per second (TPS). In distinction, fashionable chains like Ethereum and Solana can deal with up to 119.1 TPS and 65K TPS, respectively. This leads to congestion, which in flip makes Bitcoin transactions costly.

Bitcoin Hyper to the Rescue

While updating Bitcoin’s code might make it sooner and extra scalable, this may come at the price of its safety.

This reluctance to fiddle with Bitcoin’s base layer could also be why traders are trying to Bitcoin Hyper ($HYPER) for another resolution.

Bitcoin Hyper goals to create a Bitcoin Layer 2. This will function a quick lane to Bitcoin’s congested freeway. By bringing your $BTC over to the L2, you’ll find a way to take pleasure in sooner and cheaper transactions, and use your sats for staking, interacting with dApps, and different purposes.

Here’s how the L2 will work as soon as launched:

For an entire lowdown on the venture, make sure to take a look at our ‘What is Bitcoin Hyper?’ web page. Here, we’ll cowl every thing from its tokenomics to group sentiment to make it easier to resolve if that is the presale for you.

Unlocking Bitcoin Hyper’s Benefits with the $HYPER Token

Powering Bitcoin Hyper is its native $HYPER tokens.

Investor curiosity in this presale is rising, with whale buys value over $64K pouring in this weekend, sending the full elevate to over $16M.

When the L2 launches, holders can use $HYPER for gasoline charges. They’ll additionally take pleasure in unique options and governance rights.

At the second, you should purchase tokens on the official Bitcoin Hyper presale page or through the Best Wallet app.

If you’re on the web site, merely join your crypto pockets to the presale widget, after which purchase $HYPER utilizing your credit score/debit card or crypto.

There’s lower than two days left till the following value improve, although, so it’s greatest to act rapidly.

Staking your tokens is another choice if you need to earn passive rewards. In return, you’ll obtain 71% p.a. in staking rewards.

For extra data on becoming a member of the presale, take a look at our web page on how to buy Bitcoin Hyper.

If you are feeling such as you’ve missed your likelihood with Bitcoin, the excellent news is that Bitcoin Hyper might be the following smartest thing. According to our Bitcoin Hyper price prediction, $HYPER has the potential to attain as a lot as $1.50 by 2030.

Things can get even higher when Bitcoin Hyper ($HYPER) launches, as its Layer 2 can doubtlessly turbocharge the Bitcoin ecosystem simply as adoption swells to new highs.

Get forward of the curve — join the Bitcoin Hyper presale today.

Authored by Bogdan Patru, Bitcoinist — https://bitcoinist.com/bitcoin-hyper-presale-raises-16m/