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$2,375.92 0.26895
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BNB
BNB (BNB)
$560.32 -1.47137
BNB price
Solana
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$138.19 -0.81289
Solana price
XRP
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$0.528504 0.84786
XRP price
Shiba Inu
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$0.0000166 -1.84729
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Pepe
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$0.0000093 2.61864
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Bonk
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$0.00002 0.60659
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Bitcoin
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$60,032.00 -1.04693
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Ethereum
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$2,375.92 0.26895
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BNB
BNB (BNB)
$560.32 -1.47137
BNB price
Solana
Solana (SOL)
$138.19 -0.81289
Solana price
XRP
XRP (XRP)
$0.528504 0.84786
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000166 -1.84729
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000093 2.61864
Pepe price
Bonk
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$0.00002 0.60659
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Bitcoin
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$60,032.00 -1.04693
Bitcoin price
Ethereum
Ethereum (ETH)
$2,375.92 0.26895
Ethereum price
BNB
BNB (BNB)
$560.32 -1.47137
BNB price
Solana
Solana (SOL)
$138.19 -0.81289
Solana price
XRP
XRP (XRP)
$0.528504 0.84786
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000166 -1.84729
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000093 2.61864
Pepe price
Bonk
Bonk (BONK)
$0.00002 0.60659
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XRP holders exploring new altcoin, Bitcoin Minetrix

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XRP holders exploring new altcoin, Bitcoin Minetrix

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

Analysis suggests that holders of XRP, XRPL’s native currency, are considering Bitcoin Minetrix (BTCMTX) in the ongoing presale. So far, the Bitcoin Minetrix presale has raised over $8.7 million. Moreover, more than 558 million BTCMTX staked via the platform’s stake-to-mine protocol.

Bitcoin Minetrix allows users to mine BTC via staking

Bitcoin Minetrix’s stake-to-mine protocol allows BTCMTX holders to earn cloud mining power simply by staking their tokens.

This cloud mining power can then be used to mine Bitcoin without requiring expensive computing hardware or technical knowledge.

For those unaware, cloud mining refers to the process of renting computing power from a remote data center to mine cryptocurrency.

It eliminates the need for individual users to purchase and maintain their own mining rigs, which are often noisy and heat-intensive.

XRP holders exploring new altcoin, Bitcoin Minetrix - 1

Bitcoin Minetrix’s stake-to-mine protocol can help democratize access to Bitcoin mining and promotes a more sustainable approach.

This approach is particularly appealing as Bitcoin approaches its next halving event when mining rewards will decrease .

Besides the stake-to-mine model, staking BTCMTX offers a yield of 75% per year.

Combining these two features has seen the project now ranked second on CoinSniper.net.

BTCMTX presale in progress

No specific date has yet been set for Bitcoin Minetrix’s official launch, yet investors can still participate in the ongoing presale phase.

At this stage, participates can buy BTCMTX for $0.0129 using Ethereum (ETH), USDT, or credit card.

XRP holders exploring new altcoin, Bitcoin Minetrix - 2

Bitcoin Minetrix’s team has opted to use a stage-based approach during the presale, meaning the offered BTCMTX price will increase every few days.

XRP holders exploring Bitcoin Minetrix

Considering Bitcoin Minetrix’s features, presale funding, and community, XRP holders are looking at BTCMTX.

Though XRP prices surged in 2017 and 2020, the upside momentum is fizzling.

Ripple, the blockchain company using XRP in its on-demand liquidity (ODL) solution, is also embroiled in a legal battle with the U.S. Securities and Exchange Commission (SEC).

This lingering regulatory uncertainty has put a cloud over XRP’s prospects in 2024 and beyond.

XRP holders exploring new altcoin, Bitcoin Minetrix - 3

With novel features like stake-to-mine and the high-yield staking protocol, XRP holders can consider BTCMTX and diversify their portfolios.

Bitcoin Minetrix also allows XRP holders to diversify into the crypto mining space, which is expected to be reach over $4.7 billion by 2028.  

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