The BTCM presale concludes today, launching on December 28 to support staking mining, with an annual percentage yield (APY) of up to 18-25% in the first year.

[Coin World] A project has just completed its public presale phase today (December 23). The presale price for this project, BTCM, was set at $0.015 and has now officially closed. According to official information, the total supply of tokens is permanently locked at 21 million, and these tokens have all been distributed, with over half, approximately 53%, sold through this round of presale.

The highlight coming up is the official launch of the network on December 28. After going live, holders can participate in staking to earn rewards. The project team estimates that the annualized return in the first year will be in the range of 18% to 25%. For those who are optimistic about such projects, this level of return is quite attractive.

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zkProofInThePuddingvip
· 12-23 09:44
Buying in at 0.015, with an APY of 18-25% set to launch on the 28th? Sounds good, but I still need to see if this presale project can really take off before making any conclusions. The fixed supply of 21 million for BTCM is quite interesting, but 53% was dumped during the presale, so whether it will face dumping after launch will depend on what the holders think. An 18-25% yield sounds appealing, but I'm just afraid of false advertising; I've seen too many of these kinds of projects... Better to be cautious. How much can it rise from 0.015 in the days leading to the launch? Let’s wait and see the market response on the 28th. This presale is so hot, which indicates that some people are optimistic, but I think we need to be wary of the main holders' potential dumping. With such a high yield from staking and mining, what does the project party have to support it? Feels a bit precarious. The total locked supply of 21 million is indeed good; at least we don’t have to worry about the trick of infinite issuance. Early participants should be able to make some profit this time, it’s just a matter of whether they can get in and out in time.
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