Just a few days ago, the Bitcoin price fell below $100,000 for the first time since May. Its price is almost 20% lower than its ATH set last month. While the OG of crypto is showing signs of weakness, investors find this the best time to prioritize emerging tokens with huge potential.
That brings us to Bitcoin Hyper, the first-ever L2 for Bitcoin that uses the SVM, combining the best from both worlds. Its presale hitting the $26M milestone shows that small-time investors and whales have shown increasing interest.
Bitcoin Under $100K for First Time in Six Months
On Tuesday, Bitcoin dropped under the $100K mark for the first time in six months. It then kept dipping lower after briefly rebounding.
At the moment, $BTC’s price stands at $101,698, down by 2.52% in the last 24 hours. This drop can be attributed to a few factors, such as macroeconomic jitters, as AI bubble fears sparked global stock sell-offs, dragging risk assets like Bitcoin lower, technical breakdown, and extreme fear sentiment, with more than $1.73B in leveraged positions being liquidated as the Fear & Greed Index hit 20/100.
This has also led to a Bitcoin drop by over 10% over the last week, with the asset down by almost 20% from its ATH set in early October. While everyone is concerned about Bitcoin, another presale project has been capturing the attention lately, offering everything Bitcoin has while also providing the things it lacks.
Bitcoin Hyper’s Presale Might Be the Rescue Trade
What happens if Bitcoin isn’t just held as a reserve but starts moving through applications the way SOL powers DeFi, gaming, and NFTs? A recent CoinGecko survey has uncovered that 60% of respondents are optimistic about BTC’s prospects for gaining broader mainstream recognition. Well, they should all rest assured now that BTC Hyper has emerged.
As the fastest L2 created for Bitcoin, Bitcoin Hyper aims to make the ecosystem reliable, developer-friendly, and highly scalable, which is the core foundation needed for long-term growth. It plans to do so by using the Solana Virtual Machine, merging Bitcoin’s security and decentralization with Solana’s speed and low costs.
A canonical bridge stays at the center of this design, locking Bitcoin on the base chain and creating a wrapped version in the Hyper network. This version has the same value as the original but can move quickly and be used across apps that run at Solana-native speed.
This helps Bitcoin to become more than a store of value. It can now be a medium of exchange for a new app generation built on Hyper, including DeFi platforms, real-world asset systems, and gaming projects, powered by BTC’s security and SOL’s performance.
$HYPER’s 21B supply has been reserved for marketing, listings (10%), rewards (15%), treasury (25%), and development (30%). $HYPER keeps this ecosystem running, used to pay gas fees, enable staking, and manage governance, allowing holders to participate in the network and earn rewards.
All in all, the network could unleash an entirely new demand source for Bitcoin, which is why $HYPER is increasingly being described as “Bitcoin 2.0.”
By staying compatible with CLIs, APIs, and Rust-based SDKs, Hyper removes the need for new coding frameworks. This allows developers to launch and create apps quickly while still benefiting from BTC’s security and settlement strength. Check out the Bitcoin Hyper website and explore all of these details.
BTC Hyper’s Presale Numbers
Right now, there is less than a day left to join the ongoing presale round before the token’s price of $0.013225 jumps in the next stage. The latest Bitcoin Hyper price prediction points to the coin reaching $0.7785 by 2030. So far, over $26 million has been contributed to $HYPER’s presale, pushing it to its final stages.
Token holders interested in earning passive income during the presale can stake their $HYPER tokens, with over 1.1 billion tokens staked to date. Rewards come with a dynamic APY that drops as more tokens are added to the staking pool. Currently, the APY is 45%. Join Hyper’s presale today and secure your tokens on time.
Bitcoin Hyper: The Next Big Thing? Full Presale Breakdown (5-Minute Review)
Grab Bitcoin Hyper as It Might Be the Rescue Trade
November 4 saw a significant turning point for Bitcoin, with the crypto giant’s price dropping under $100K for the first time in six months. Even though it has returned to the $101K mark, the Bitcoin price has still declined around 10% in the past week.
During this uncertain time for investors, Bitcoin Hyper has emerged as a ray of hope. The project offers everything Bitcoin has plus everything it lacks, merging two highly capable blockchains: Bitcoin and Solana.
With the presale hitting huge amounts of funding, now is the time to buy $HYPER and benefit from the low prices before it gets listed on exchanges and its price explodes.
Website: https://bitcoinhyper.com/
Telegram: https://t.me/btchyperz
