99Bitcoins has long been a prominent platform in the cryptocurrency industry. With a user base of over 700,000 and more than 2 million cumulative course enrollments, it stands as a leading cryptocurrency education platform.
Due to its high recognition and reputation, 99Bitcoins easily raised over $2.2 million in the pre-sale.
99Bitcoins has revamped its existing education platform by introducing an innovative Learn-to-Earn (L2E) model. Under the L2E model, users can earn $99BTC token rewards while learning the basics of cryptocurrency. $99BTC is an Ethereum-based token that forms the core of the 99Bitcoins platform, required to access advanced coin education content, market signals, and VIP group memberships.
Currently, $BTC is being sold at $0.00111. However, the price will increase to $0.00112 in the next pre-sale stage in five days.
Interested investors can participate early to get the most favorable price benefits. 99Bitcoins is one of the most notable pre-sales of 2024, preparing for a DEX listing in the third quarter.
After gaining recognition as a Web2 cryptocurrency education platform, 99Bitcoins aims to redefine cryptocurrency education by elevating the platform with an innovative Learn-to-Earn model.
Users can earn $99BTC by taking courses and quizzes. Additionally, they can accumulate $99BTC by creating educational content, participating in forums, and contributing to the community.
99Bitcoins has been a trusted platform in the crypto community since its inception in 2013, shortly after Bitcoin was launched. Over the years, it has provided comprehensive guides, tutorials, and explanatory videos by translating complex Bitcoin information into easy-to-understand language. The total length of lectures on the platform amounts to 79 hours.
The Learn-to-Earn model of 99Bitcoins offers various benefits to $99BTC holders. By holding $99BTC, users can access advanced trading courses, attend exclusive trading webinars, join VIP community groups, receive expert coin signals, and gain cutting-edge market insights.
A staking mechanism is also in place, allowing users to increase their $99BTC holdings earned through learning about cryptocurrency.
Out of the total supply of 99 billion $99BTC, 10.5%, or 10.3 billion tokens, will be sold to the public during the pre-sale. Additionally, the development team has allocated 13.86 billion tokens for staking rewards.
The pre-sale soft cap is $5.3 million, and the hard cap is $11 million. The project team plans to end the pre-sale once these targets are reached.
Participating in the pre-sale is simple. Visit the 99Bitcoins website, connect your crypto wallet, and purchase $99BTC using USDT, ETH, BNB, or a credit card.
99Bitcoins is conducting a promotional airdrop worth $99,999 in Bitcoin. A total of 99 winners will be evenly distributed with Bitcoin, and the winners’ list will be announced on July 19th. There are still three days left to participate in the Bitcoin airdrop.
Bitcoin experienced a rapid rise on the chart from January to March following the approval of a spot ETF but faced a bleak second quarter. Since hitting a new high on March 14th, Bitcoin has retreated by about 17%, with 10% of the decline occurring in June.
Several factors are collectively dragging down Bitcoin’s price.
First, Germany began liquidating 50,000 BTC seized from Movie2k. This amounts to about $3 billion at current market prices, significantly impacting the market.
The announcement by Mt. Gox that it will start repaying 127,000 creditors with $9.4 billion worth of Bitcoin on June 24th also triggered the decline in Bitcoin’s price. Many investors are expected to sell their holdings after waiting for over a decade for compensation.
On the regulatory front, the CFTC is investigating Jump Trading for allegedly conspiring with Terra founder Do Kwon to manipulate Terra UST’s price. This negative development evokes memories of the 2022 crypto winter, making investors cautious.
Additionally, there are increasing opinions that the Federal Reserve may raise interest rates. Higher interest rates can increase the cost of capital, leading to reduced investment.
Despite the decline in Bitcoin’s price, there are reasons to remain hopeful. Cryptocurrency interest surged in 2024, bringing in a large number of new users. The number of unique wallets increased to 1.3 billion by the end of May.
The recent decline in Bitcoin’s price provides an opportunity for new users to enter the market at attractive prices, potentially securing future growth momentum. However, new investors should be aware of some precautions before diving into cryptocurrency trading. This demand can support the 99Bitcoins education platform.
The damage caused by the Mt. Gox exchange hack was substantial. A total of 744,408 BTC of customer assets and 100,000 BTC owned by the company were stolen.
The stolen Bitcoins were kept in Mt. Gox’s hot wallet and were subsequently stolen. However, due to the vulnerabilities of hot wallets, even cold storage funds were affected.
The Mt. Gox incident warns of the dangers of keeping digital assets online.
Storing Bitcoins in a cold wallet could have reduced these risks. If so, Mt. Gox investors might not have had to wait ten years to get their funds back.
99Bitcoins offers useful information to learn before entering the cryptocurrency market through its courses.
Users can participate in the Web3 ecosystem by studying essential coin investment information while earning $99BTC rewards.
For new investors, purchasing Bitcoin can feel like a high barrier. 99Bitcoins provides a valuable opportunity to learn about cryptocurrencies and gradually experience them with $99BTC, making it an attractive coin for many investors.
The development team plans to expand from the current ERC-20 token standard to the BRC-20 token standard of the Bitcoin chain’s ordinals protocol to secure expertise on the Bitcoin blockchain.
This transition will help leverage the ultra-strong security of the Bitcoin network, ensure permanence, and establish a new token economy system.
Investing in $99BTC is similar to investing in Bitcoin, but it is an indirect investment method.
The latest news on the 99Bitcoins community, including airdrops and listings, can be found first on Telegram, Discord, and X.
*Disclaimer: This article is for informational purposes only and should not be construed as investment advice. The author does not take responsibility for any investment losses based on this information. The author may receive a commission from the mentioned products.
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