BTC20

About BTC20 token

BTC20 is a new cryptocurrency project that issues an ERC-20 Bitcoin called BTC20 on the Ethereum blockchain. It merges Bitcoin's traditional elements with Ethereum's modern features, such as the smart contracts. BTC20 aims to maintain the Bitcoin block generation timeline. In addition, it takes cryptocurrency staking to a new level. Its most notable attribute is the community staking pool for BTC20 tokens that rewards users every 10 minutes when a Bitcoin block is confirmed. This is done via smart contracts through what is called a “Dynamic Yield” model based on fair distribution according to the individual staking share. The fixed supply of BTC20s mirrors Bitcoin’s cap, therefore, BTC20 will issue 21 million tokens. BTC20 will also implement halving, where block rewards are reduced by half every four years; this increase in scarcity, may however, increase value. These sustainable tokenomics are in place to draw BTC20 holders and stakers, as it offers long-term value while retaining Bitcoin's appeal or the functionalities on Ethereum.

Key metrics & performance data

($BTC20) is an Ethereum-based cryptocurrency token with this contract address 0xE86DF1970055e9CaEe93Dae9B7D5fD71595d0e18. The official launch date of the token was October 22, 2023.

Currently, the BTC20 price is $0.03472555832500692 with a 0.75% increase in the last 24 hours. The token has a 24-hour trading volume of $132.15 and a total market capitalization of $729 237. $BTC20 is held by 7,559 unique holders, with the top 10 collectively owning only 0.86% of the total supply.

Current site metrics show that $BTC20 has a security rating of 50, is ranked 548th in popularity, and 278th in GuGu Rank.