{"id":68146,"date":"2023-10-03T06:30:50","date_gmt":"2023-10-03T10:30:50","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/crypto\/strange-ftx-token-rockets-up-5000-as-viral-new-bitcoin-project-starts-raising-funds-whats-going-on\/"},"modified":"2023-10-03T06:30:53","modified_gmt":"2023-10-03T10:30:53","slug":"strange-ftx-token-rockets-up-5000-as-viral-new-bitcoin-project-starts-raising-funds-whats-going-on","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=68146","title":{"rendered":"Strange FTX Token Rockets Up 5,000% as Viral New Bitcoin Project Starts Raising Funds \u2013 What&#8217;s Going On?"},"content":{"rendered":"<div>\n<p>As Uptober battles its way into reality, a strange HairyPlotterFTX (FTX) token has exploded +5,000% overnight &#8211; in a moon-shot taking aim at the now disgraced crypto exchange.<\/p>\n<p>Built with months of planning &#8211; this new project launched to coincide with the recent flurry of news around FTX, as now infamous industry poster-boy Sam Bankman-Fried faces the fight of his life against a potential 110-year prison sentence.<\/p>\n<figure class=\"media\"><oembed data-embedo-height=\"400\" data-embedo-url=\"https:\/\/twitter.com\/BrotherMKT\/status\/1709127564415922670\" loading=\"lazy\"><\/oembed><\/figure>\n<p>With a steady commitment to project stability such as a zero % tax, LP locked for 115 years and contract renouncement it&#8217;s clear FTX is an on-chain project with commitment &#8211; and this comes as the fresh-faced meme coin form a marketing partnership with Brothers Marketing.<\/p>\n<h2><strong>FTX Price Analysis: Can HairyPlotterFTX Sustain +5,000% Price Move?<\/strong><\/h2>\n<p>Amid the dramatic upside move, HairyPlotterFTX is currently trading at a market price of $0.0003815 (Representing a 24-hour change of +600.76%).<\/p>\n<p>The skyrocketing price action has been driven by substantial market interest as buy pressure holds strong, with more than 2440 tx&#8217;s over the past 24-hours fuelling a surge of more than $2.18m in trading volume.<\/p>\n<p>Launched at just 13:00 (BST) on October 2, HairyPlotterFTX saw a slow initial launch, with price actually decreasing -140% in the first 3-hours of trading.<\/p>\n<p>However, the initial tumble gave way to a fantastic entry price, and eagle-eyed traders flocked into the trade fuelling an initial +1,160% pump into October 3.<\/p>\n<p>But on October 3, the real moon-shot move was triggered as multi-million volume swept through the chart, catalyzing a sensational +150% push &#8211; brining returns since launch to +5,325%.<\/p>\n<p>Buy pressure &#8211; which holds strong &#8211; representing 56% of transactions over the past 6-hours, sets the stage for an impressive continuation of the current pump on the short-time frame.<\/p>\n<p>This can be seen in the minor localized retracement move between 6 &#8211; 8 AM on October 3, which was rapidly eaten up by traders &#8211; as price surges towards a new ATH.<\/p>\n<figure class=\"media\"><oembed data-embedo-height=\"400\" data-embedo-url=\"https:\/\/twitter.com\/HairyPlotterFTX\/status\/1709146275076071608\" loading=\"lazy\"><\/oembed><\/figure>\n<p>In other news, an emerging Bitcoin mining presale is capturing the interest of Bitcoin-afficianados, meet BTCMTX.<\/p>\n<h2><strong>Break Into Bitcoin Mining With Bitcoin Minetrix&#8217;s Presale &#8211; Potential 10X?<\/strong><\/h2>\n<p>Bitcoin mining, long seen as a domain dominated by colossal corporations with their deep pockets and access to state-of-the-art equipment, is undergoing a transformation.<\/p>\n<p>Bitcoin Minetrix aims to ensure this lucrative venture is not just confined to the elites but is accessible to everyone.<\/p>\n<p>How? By rewriting the rules of mining through its innovative Stake-to-Mine model.<\/p>\n<figure class=\"media\"><oembed data-embedo-height=\"400\" data-embedo-url=\"https:\/\/twitter.com\/bitcoinminetrix\/status\/1708862279050043535\" loading=\"lazy\"><\/oembed><\/figure>\n<p>In a move aimed at side-lining energy-guzzling equipment, Bitcoin Minetrix provides an avenue where BTCMTX token holders can stake their tokens to receive mining credits.<\/p>\n<p>These credits unlock the door to efficient Bitcoin cloud mining, making the process sustainable, secure, and, importantly, within everyone&#8217;s reach.<\/p>\n<h2><strong>Here&#8217;s Why BTCMTX is Set to Explode Upon Launch<\/strong><\/h2>\n<figure class=\"media\"><oembed data-embedo-height=\"400\" data-embedo-url=\"https:\/\/twitter.com\/bitcoinminetrix\/status\/1708814166977294821\" loading=\"lazy\"><\/oembed><\/figure>\n<p>Initiating their ICO with a starting price tag of just $0.011 for the BTCMTX token, Bitcoin Minetrix isn&#8217;t asking for a fortune but an opportunity.<\/p>\n<p>An opportunity for investors to be a part of a transformation that could very well redefine the Bitcoin mining landscape.<\/p>\n<p>And if the initial figures are anything to go by\u2014with the project raising $115,000 within a day of the ICO announcement\u2014investors are eager to hop on board this mining juggernaut.<\/p>\n<p>What\u2019s even more compelling is that this is not just an investment in a token but in a future-proof concept; a concept that merges the best of both worlds: staking and mining.<\/p>\n<p>The results? <strong>Large APYs<\/strong> and <strong>rewards in the form of BTC<\/strong>, all without the traditional barriers of hefty investments and technical know-how.<\/p>\n<h2><strong>How Does BTCMTX Ensure Security and Transparency?<\/strong><\/h2>\n<p>The crypto world, unfortunately, has had its fair share of scams, especially in the cloud mining sector and this is where Bitcoin Minetrix departs from the norm.<\/p>\n<p>Not only does it provide a transparent mechanism of mining but it also empowers its investors. How? By ensuring they have constant control over their staked tokens and the flexibility to un-stake whenever they deem fit.<\/p>\n<p><strong>No hidden clauses, no fine print, just straightforward staking and mining.<\/strong><\/p>\n<p>Furthermore, for those concerned about the safety of their investment, the BTCMTX smart contract underwent meticulous auditing by Coinsult, a respected blockchain security entity.\u00a0<\/p>\n<p><strong>The verdict? Clean as a whistle.<\/strong><\/p>\n<p>Bitcoin Minetrix stands tall, not merely because of its unique proposition but its commitment to making Bitcoin mining a universal venture.<\/p>\n<figure class=\"media\"><oembed data-embedo-height=\"400\" data-embedo-url=\"https:\/\/www.youtube.com\/watch?v=HOtU4UfV_3Y\" loading=\"lazy\"><\/oembed><\/figure>\n<p>With just a minimum investment of $10, it&#8217;s demolishing the barriers to entry, proving that you don&#8217;t need millions to be part of the mining elite.<\/p>\n<p>For those seeking to ride the next wave of crypto innovation, the Bitcoin Minetrix presale is an avenue worth exploring.<\/p>\n<p>In a world where Bitcoin&#8217;s derivatives are gaining traction, this is a project that not only promises returns but also champions the democratization of Bitcoin mining &#8211; a true game-changer in every sense of the word.<\/p>\n<p><strong>Buy BTCMTX Here<\/strong><\/p>\n<p><i><sup>Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.<\/sup><\/i><\/p>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/>Read the full article <a href=\"https:\/\/cryptonews.com\/news\/strange-ftx-token-rockets-up-5000-as-viral-new-bitcoin-project-starts-raising-funds-whats-going-on.htm\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>As Uptober battles its way into reality, a strange HairyPlotterFTX (FTX) token has exploded +5,000% overnight &#8211; in a moon-shot taking aim at the now disgraced crypto exchange. Built with months of planning &#8211; this new project launched to coincide with the recent flurry of news around FTX, as now infamous industry poster-boy Sam Bankman-Fried [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":68147,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[243],"tags":[83],"class_list":["post-68146","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto","tag-featured"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Strange FTX Token Rockets Up 5,000% as Viral New Bitcoin Project Starts Raising Funds \u2013 What&#039;s Going On? | iFintechWorld<\/title>\n<meta name=\"description\" content=\"As Uptober battles its way into reality, a strange HairyPlotterFTX (FTX) token has exploded +5,000% overnight - in a moon-shot taking aim at the now\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ifintechworld.com\/?p=68146\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Strange FTX Token Rockets Up 5,000% as Viral New Bitcoin Project Starts Raising Funds \u2013 What&#039;s Going On? 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