Bitnance (BTN) Token Presale Nears Sellout as Whales Dive In
At the beginning of this week, the Bitnance token presale was under 66,500 tokens sold. The initial coin offering was beginning to trend upward
The Bitnance (BTN) token presale has seen a massive surge in sales, with nearly 76,000 tokens sold in less than 5 days. This follows a recent uptick in activity, with two Ethereum (ETH) whales buying thousands of tokens and barnacle investors flocking to the BNB-Chain in small increments.
With an average of 2250 tokens sold daily and only 5.6-million tokens allocated for the presale, Bitnance presales are expected to continue soaring. Last week saw a +2000% increase in buyer activity, and if this trend continues, this week could see daily sales of over 10,000 tokens on any given day.
Early Investors Get Lower Prices
This new digital store of value asset is priced at $0.357 (cents) in its opening round of the initial coin offering. The price will gradually increase every 72 hours by 0.01% or 1% per month.
On December 1st, the ICO will close, ending the discounted token opportunity. It is expected to debut on crypto exchange(s) within 5 days.
A crypto product that will use the $BTN as its native token is also expected to be developed after the presale allocation is sold.
Token Presale Sellout Preeminent
If the Bitnance token pre-sales activity continues to rise by 2000% per week over the next 7 days, the project could see over 45,000 tokens moving daily by Saturday, September 7th.
However, with September usually being a bad week for trading markets, it will be a test for the ICO to reach such goals. If it does manage to cross this milestone, investors can expect the full presales allocation of 5.6-million Bitnances (BTN) to be sold out before the ICO deadline on December 1st.
Follow the latest activity totals on the official ICO website at Bitnance.net
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