A new Bitcoin-themed meme coin, BTC Bull Token (BTCBULL), has raised over $500,000 in the first 24 hours of its presale.
BTCBULL aims to reward token holders with BTC airdrops whenever the coin reaches specific price milestones.
BTC Bull Token’s reward system aims to simplify BTC exposure
BTC Bull Token offers a novel approach to Bitcoin exposure through its reward mechanism.
The project automatically distributes BTC rewards to token holders when Bitcoin reaches pre-defined targets, such as $100,000, $150,000, or higher.
In between these targets, the project burns tokens, permanently reducing the supply of BTCBULL.
To simplify this setup, the team has partnered with Best Wallet.
This partnership allows BTCBULL holders to receive Bitcoin rewards straight to their Best Wallet accounts, eliminating the hassle of managing wallets or BRC-20 transactions.
It also means investors can buy BTCBULL tokens with ETH – and still receive rewards in BTC.
BTCBULL holders can even stake their tokens. Annual yields are currently set at 685%, though they will gradually decrease as staking activity rises.
However, that hasn’t stopped early investors from locking up over 153 million BTCBULL in the project’s staking protocol.
This income potential, combined with Bitcoin Bull Token’s unique rewards system, has prompted ICOBench.com to rank the project second on its list.
BTCBULL token presale gains early momentum as security audits complete
BTC Bull Token’s presale is off to a fast start.
Launched yesterday, the presale has pulled in over $500,000 from investors in its first 24 hours.
It offers multiple entry points, starting at $0.002355 per token, and allows cryptocurrency or traditional bank card purchases.
Early investors can also buy BTCBULL tokens directly through the Best Wallet app.
BTC Bull Token’s team prioritizes security and has had the token audited by both SolidProof and Coinsult.
The bull is unleashed. 🐂⚔
— BTCBULL_TOKEN (@BTCBULL_TOKEN) February 10, 2025
$BTCBULL is live. No brakes, no limits.
Join the herd: https://t.co/N1kqrY0bow pic.twitter.com/0HiOGFLdxF
These blockchain security firms confirmed there are no code vulnerabilities and that the team cannot mint new BTCBULL.
BTC Bull Token’s whitepaper details plans to list BTCBULL on a DEX after the presale ends.
There are also plans for CEX listings if the launch goes well.
To ensure trading stability, 10% of the total token supply (2.1 billion BTCBULL) has been allocated for liquidity.
This focus on stability and early presale traction has led to excitement in the BTC Bull Token Telegram community, with supporters eager for the exchange listings.
BTC Bull Token’s tokenomics reflect Bitcoin-centric strategy
BTCBULL’s tokenomics are designed from a long-term perspective.
The supply of BTCBULL is capped at 21 billion – a clear reference to Bitcoin’s 21 million supply cap.
Here’s the breakdown: 15% each for the Bull Fund and Milestone Burn Fund, 10% for airdrops, 10% for staking rewards, and 10% for liquidity.
The remaining 40% will be used for public relations and marketing to boost visibility.
This marketing push could prove strategic, given how few Bitcoin-themed meme coins exist despite BTC’s massive popularity.
While hundreds (if not thousands) of meme coins launch daily, few have leveraged Bitcoin’s brand recognition – or even attempted to.
BTCBULL’s growing Twitter presence shows its strategy is finding an audience.
By combining meme appeal with real BTC rewards, the project seems well-positioned to attract the attention of a wide range of investors.
With over $500,000 in funding raised, BTC Bull Token seems to be on the right track.