BTC Bull (BTCBULL) Promises Free Bitcoin to Maxis

BTC Bull is a BTC-themed meme coin. Unlike the dogs, frogs and cats, its imagery represents a strong, suave bull

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We've got you covered! Our analysis on $BTCBULL by Best Wallet!

The meme coin market is heating up once again, with several new projects emerging in the wake of recent events and the ongoing bull market in crypto. Among the new tokens that are gaining attention from investors is BTC Bull, a meme coin that promises to offer alternative revenue streams to BTC maxis.

As its name suggests, BTC Bull is a Bitcoin-themed meme coin. It aims to be an attractive altcoin investment for Bitcoin maxis, particularly due to its small market cap and the unique concept of offering evenly spaced perks, including free BTC.

BTC Bull: A Meme Coin That Promises Free Bitcoin

"BTC Bull Token is a meme token that represents the unstoppable force that will carry Bitcoin to $1 million and beyond. By leveraging the power of community and bullish sentiment, BTC Bull aims to provide a fun and engaging way to participate in Bitcoin’s success."

"BTC Bull was created with the belief that Bitcoin’s price will surge to $250,000 and beyond in the upcoming bull cycle."

Investors who are betting on Bitcoin to continue its long-term growth trajectory and are searching for Bitcoin beta plays could find BTCBULL an interesting investment.

The meme coin's main selling point is its promise of free Bitcoin to BTCBULL token holders.

At $150k, $200k, and so on, a snapshot of BTCBULL token balances will be taken, and those who hold the meme coin will receive a portion of the airdrop. The airdrop size will vary and depend on the amount and duration of investors' BTCBULL holding.

Additionally, the meme coin will have scheduled token burn events when the BTC price hits $125k, $150k, $175k, and so on. 5% of the entire BTCBULL token supply will be burnt at each event.

To top it off, there is a "massive" BTCBULL airdrop scheduled to take place when the Bitcoin price hits $250,000. 10% of the entire token supply will be up for grabs for long-term meme coin holders.

BTC Bull is highlighting its interest in achieving sustainable growth through a community-led approach. The project has no private sale, and its tokens are being sold at fair prices to ensure fairness and transparency.

Moreover, early presale buyers are also benefiting from the meme coin's staking protocol, which is currently offering a reward rate of 67% per annum. Notably, these rewards will be unlocked and available for withdrawal 7 days after the token claim goes live.

Is BTC Bull Legit? Tokenomics And Smart Contract Audit

Unlike many new meme coins, BTC Bull has made its tokenomics and smart contract audits available for potential buyers to evaluate.

Notably, there isn't any separate allocation for the developer team or any private sale, which reduces the odds of a rug pull or pump-and-dump price action. On the contrary, Donald Trump's Official Trump meme coin has allocated 70% of its token supply to its creators, which has drawn significant criticism from the crypto industry.

10% of the BTCBULL supply has been allocated towards the airdrop campaigns, which includes the BTC airdrops at $150k and $200k, as well as the "massive" BTCBULL airdrop at $250k. A separate allocation indicates that the meme coin's promise of free Bitcoin is legit and not a scam.

Similarly, 15% of the token supply has been reserved for the Milestone Burn Fund — 5% of the BTCBULL token will be burned at $125k and every subsequent $25k increase in the Bitcoin price. Additionally, 10% of the supply has been reserved for staking rewards.

A 40% allocation to PR and Marketing does raise eyebrows. According to the meme coin's whitepaper, these tokens will be "deployed for influencer partnerships, social media campaigns, and brand-building to sustain hype and adoption".

Crypto influencers could potentially dump their BTCBULL holdings, resulting in a sharp sell-off. However, a high allocation to marketing efforts isn't surprising, especially considering that widespread brand awareness could benefit the project significantly during a bull market.

Finally, 15% of the token supply is allocated towards a strategic reserve for project development, and the remaining 10% will be used for exchange listings and liquidity.

Overall, BTC Bull follows community-centric tokenomics, which separates it from most new meme coins.

Similarly, the BTCBULL smart contract has been audited by Coinsult and SolidProof, which did not reveal any serious issues.

The Coinsult audit revealed only one