{"id":84309,"date":"2023-11-14T06:20:12","date_gmt":"2023-11-14T11:20:12","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/crypto\/as-new-ufc-token-rises-31000-in-24-hours-this-lesser-known-crypto-has-secured-500000-next-100x-coin\/"},"modified":"2023-11-14T06:20:14","modified_gmt":"2023-11-14T11:20:14","slug":"as-new-ufc-token-rises-31000-in-24-hours-this-lesser-known-crypto-has-secured-500000-next-100x-coin","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=84309","title":{"rendered":"As New UFC Token Rises 31,000% in 24 Hours, This Lesser-Known Crypto Has Secured $500,000 \u2013 Next 100x Coin?"},"content":{"rendered":"
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As DEX markets continue to undertake sensational price moves, a new UFC token launched by UFC DAO has exploded +31,000% in a major upside move, but with this less-known pump poised crypto securing $500,000 at presale \u2013 could this be the next 100x coin?<\/p>\n

However, despite the dramatic pump move, with retracement now underway, the alarm bells around UFC token are ringing.<\/p>\n

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\ud83d\uded1 Insiders Detected by @CoinSpeedrun<\/a>
\ud83d\udd38 UFC \u2013 UFC DAO | $UFC<\/a>
\ud83d\udd38 Contract: 0x1b351569ce6f0e06518780ad4879c181abed7b35<\/p>\n

See the insiders current share(%) by searching on
\ud83d\udd39 https:\/\/t.co\/HUv538XLjS<\/p>\n

\u2014 CoinSpeedrun Bot (@CoinspeedrunBot) November 13, 2023<\/a><\/p>\n<\/blockquote>\n

This comes after CoinSpeedrun Bot \u2013 a crypto scam detector bot on Twitter (X) \u2013 tweeted out that UFC DAO is a scam coin with significant insider wallets.<\/p>\n

UFC Price Analysis: Is UFC DAO Doomed to Dump After Crypto Security Bot Spotlights Potential Scam?<\/strong><\/h2>\n

<\/span>
Amid the damaging news that UFC DAO could be a scam coin, UFC is currently trading at a market price of $0.0001675 (representing a 24-hour change of -13.6%).<\/p>\n

This comes following a sensational launch on DEX markets yesterday at just 5:30AM, whilst meeting slow initial traction in the first few hours of trading, a huge +9,600% candle triggered at 9:30am as around 300 bag-holders rushed into the emerging moon-shot token.<\/p>\n

Following the dramatic price move, volume steadily increased throughout the rest of UFC DAO\u2019s first day of trading, fuelling a further +60.32% move, to an all-time high of $0.0003135.<\/p>\n

Yet, despite cracking the $1.1m market cap, a major retracement move appears to be underway likely triggered by a combination of the scam bot tweet, and the miniscule $2.8k of available liquidity in a classic honeypot.<\/p>\n

But while UFC DAO has emerged as an indisputable scam, another hot-shot on the markets this morning is a rapidly growing presale for a new meme coin \u2013 already exploding to $500,000 raised pre-launch.<\/p>\n

This Bitcoin Alternative Token Could Skyrocket Amid Bitcoin ETF Bullrun \u2013 Don\u2019t Miss Out<\/strong><\/h2>\n

<\/span>

A new Bitcoin alternative presale launched this week, offering eagle-eyed traders the opportunity to make it big on unfolding Bitcoin ETF rumors, without having to eat the $36,000 cost of becoming a wholecoiner.<\/p>\n

Bitcoin ETF Token ($BTCETF) is currently trading at a market price of $0.005 in funding round stage 1 with an alluring $565,109 raised in the opening weekend of presale.<\/p>\n

Designed and built with skyrocket potential in mind, this promising token aims to bank big on market excitement surrounding the ongoing applications for Bitcoin spot ETFs.<\/p>\n

Aiming for a hard-cap of $5m in presale funding, the early-stage of this emerging project\u2019s presale offers investors a unique opportunity to get in during this early entry point, which could set the stage for life-changing gains.<\/p>\n

Ride the ETF Rally with Ease: Bitcoin ETF Token is a Critical Component in Every BTC Trader\u2019s Toolbox<\/strong><\/h2>\n

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Indeed, Bitcoin ETF isn\u2019t simply a useless meme coin, beyond taking aim at the biggest narrative in crypto \u2013 BTCETF has a major utility: Bitcoin ETF news alerts.<\/p>\n

The token\u2019s dApp offers traders a live-feed of the latest Bitcoin spot ETF information and news, with sophisticated technology tracking applications real-time at the SEC, and high-speed bots monitoring social media for the latest breaking ETF news.<\/p>\n

But a simple feed of Bitcoin spot ETF news only highlights a fraction of Bitcoin ETF token\u2019s potential, with easy-access to real-time update alerts offering sharp traders the opportunity to make market-beating returns stress-free; being amongst the first to hear about privileged Bitcoin Spot ETF news.<\/p>\n

This could enable traders to position themselves appropriately in seismic Bitcoin market movements, making Bitcoin ETF token a critical component in every BTC trader\u2019s tool-box this Winter.<\/p>\n

Surging Interest in Bitcoin Alternatives Leaves $BTCETF Poised to Outperform Nutcoin Token<\/strong><\/h2>\n

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Project tokenomics are bolstered by ambitious plans for the incorporation of staking rewards that incentivise long-term holding, alongside a burn mechanism, which will enhance $BTCETF as a \u2018digital gold\u2019 alternative, by creating a deflationary mechanism in price.<\/p>\n

Set for stage 3 of the\u00a0Bitcoin ETF project roadmap, an initial burn mechanism will be introduced amid a well-marketed DEX launch, imposing an initial 5% burn tax on transactions \u2013 this will be reduced by -1% each time a Bitcoin ETF news milestone is reached.<\/p>\n

However, plans are afoot for a larger burn mechanism in stage 4, in a move that will see 25% of token supply burned overtime, this will be conducted in 5% burn intervals \u2013 with each supply-side reduction taking place as a Bitcoin ETF news milestone is met.<\/p>\n

The milestones for the burn mechanism are as follows:<\/p>\n

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  • Milestone 1 \u2013\u00a0$BTCETF Trading Volume hits $100m<\/strong>\u00a0\u2013 burn tax on transactions reduced from\u00a05% to 4%<\/strong>, and 5% of total supply is burned.<\/li>\n
  • Milestone 2 \u2013\u00a0First Bitcoin ETF is approved by SEC<\/strong>\u00a0\u2013 burn tax on transactions is reduced from\u00a04% to 3%<\/strong>, and a further 5% of total supply is burned.<\/li>\n
  • Milestone 3-\u00a0First Bitcoin ETF launch date<\/strong>\u00a0\u2013 burn tax on transactions is reduced from\u00a03% to 2%<\/strong>, and a further 5% of total supply is burned.<\/li>\n
  • Milestone 4 \u2013\u00a0Bitcoin ETF assets under management (AUM) hits $1bn<\/strong>\u00a0\u2013 burn tax on transactions is reduced from\u00a02% to 1%<\/strong>, and a further 5% of total supply is burned.<\/li>\n
  • Milestone 5 \u2013\u00a0Bitcoin price hits $100k<\/strong>\u00a0\u2013 burn tax on transactions is reduced from\u00a01% to 0%<\/strong>, and a further 5% of total supply is burned.<\/li>\n<\/ul>\n

    This will create a gradual decrease in total supply, eventually leaving around 70% of BTCETF in circulation, with the supply side reduction inducing upside price growth.<\/p>\n

    And that is without considering the potential for token value accrual driven by demand from traders for access to the ETF news dApp and the ever-present demand for Bitcoin alternatives.<\/p>\n

    Indeed, 2023 has seen explosive growth in Bitcoin related tokens \u2013 with markets showing a real appetite for\u00a0BRC-20 ordinal tokens,\u00a0Bitcoin Cloud Mining, and\u00a0Bitcoin derivatives.<\/p>\n

    So don\u2019t miss your chance to get in early ahead of the next major Bitcoin rally leg.<\/p>\n

    Buy Bitcoin ETF Here<\/p>\n

    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

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