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Bitcoin Stagnates; Presales Raise Over $45M Amid Market Stress
Key Points:
- Bitcoin futures have shifted into backwardation, indicating derivatives stress and extreme fear, often seen near market bottoms.
- $BTC is struggling to regain momentum, stuck in the $90K–$91K range after a significant drop over two weeks.
- Investors are considering infrastructure-focused presales as alternatives to traditional Bitcoin investments due to current market conditions.
Presale Highlights:
- Bitcoin Hyper ($HYPER):
- Aims to enhance Bitcoin’s usability with a Layer-2 solution integrating Solana-level speed while maintaining low transaction costs.
- Raised over $28M with current staking yields of 41% APY.
- Best Wallet Token ($BEST):
- Focuses on providing security and ease for presale participation through non-custodial services.
- Presale raised over $17.1M, offering 76% APY staking yields.
- LiquidChain ($LIQUID):
- Addresses cross-chain liquidity issues, serving as a global settlement layer for DeFi.
- Currently at an early stage with $42K raised and offering high initial staking yields of 17K% APY.
The current market environment suggests volatility and stress, prompting some investors to consider diversifying into promising presales like Bitcoin Hyper, Best Wallet Token, and LiquidChain.