Green Bitcoin Soars 1.6x On Uniswap Launch As Whale Strikes

A
new
eco-friendly
Bitcoin
alternative
called
Green
Bitcoin
(ticker:
GBTC)
landed
on
Uniswap
at
1PM
UTC
today
and
it
posted
an
instant
1.6x
windfall
after
one
whale
bought
$44k
worth
of
it. 

GBTC
began
trading
at
$1.10
but
climbed
63%
to
reach
a
high
of
$1.79
immediately
after
the
launch
as
a
result
of
the
whale
purchase. 

Profit
takers
have
since
shaved
about
44%
off
its
launch
price
as
the
token
changes
hands
at
$0.70
as
of
this
writing. 

The
team
says
it
is
ready
with
buybacks
to
gradually
bring
the
price
back
up.
It
has
also
locked
in
around
$200,000
(or
284,949
$GBTC)
of
liquidity
for
the
next
year.
Both
measures
are
already
helping
relieve
the
downward
price
pressure.

Green
Bitcoin
is
now
LIVE
on
Uniswap!

Contract
address:
0xdc9CB148ECb70876db0aBeB92f515a5E1dc9f580

Direct
Uniswap
Buy
link:

https://t.co/93UsyuovY1

pic.twitter.com/GzCJOW6Wnh

—
GreenBitcoin
(@GreenBTCtoken)

April
5,
2024

Today’s
Uniswap
listing
brings
Green
Bitcoin’s
innovative
(and
addictive!)
predict-to-earn
“gamified
green
staking”
protocol
to
the
wider
public.
It
will
be
followed
by
a
centralized
exchange
(CEX)
listing
announcement
next
week. 

Details
on
the
CEX
listing
are
thin
at
present,
but
the
token
will
begin
trading
on
the
CEX
the
day
after
the
announcement,
April
11.
A
major
update
to
the
gamification
protocol
will
follow
on
April
18,
2024. 

Introducing
Green
Bitcoin’s
Gamified
Green
Staking

There’s
nothing
out
there
quite
like
Green
Bitcoin.
Early
investors
agree,
and
have
poured
a
tidy
$9.6
million
into
the
eco-friendly
Bitcoin
alternative
over
a
month-long
ICO
that
has
just
ended.

If
the
popularity
of
gamified
green
staking
seems
surprising,
it’s
probably
because
the
idea
is
much
simpler
than
it
sounds. 

To
claim
daily
$GBTC
rewards,
users
have
to
buy
$GBTC
tokens,
stake
them
on
the
protocol,
and
play
the
price
prediction
game.

They
then
cast
daily
predictions
on
whether
Bitcoin
will
go
up
or
down
within
24
hours.

Every
24
hours,
the
users
that
predicted
correctly
earn
a
share
of
rewards
from
the
daily
staking
reward
pool
proportional
to
the
amount
of
$GBTC
tokens
they
staked.

Holders
can
stake
tokens
for
up
to
six
months
to
earn
bigger
rewards.
Staking
is
also
a
fundamental
part
of
Green
Bitcoin’s
tokenomics.
By
reducing
GBTC’s
circulating
supply,
staking
acts
as
a
long-term
price
driver.

Big
burn
news
coming
later
today!

We’d
highly
advise
turning
your
notifications
on.

pic.twitter.com/GwAO0O8pJP

—
GreenBitcoin
(@GreenBTCtoken)

April
5,
2024

GBTC
Is
More
Eco-Friendly
Than
Bitcoin

The
$GBTC
token
has
a
circulating
supply
of
21
million,
a
clear
nod
to
its
inspiration,
Bitcoin.

Having
a
cap
on
the
number
of
tokens
in
circulation
creates
value
by
ensuring
scarcity.

However,
Green
Bitcoin
is
much
greener
than
the
world’s
largest
cryptocurrency. 

That’s
because
$GBTC
is
on
Ethereum,
which
uses
a
Proof
of
Stake
(PoS)
consensus
mechanism,
making
the
token
cleaner
and
more
efficient
than
its
inspiration

It
consumes
just
34
watt-hours
(Wh)
per
transaction
compared
to
Bitcoin’s
1,173,000
Wh.

Green
Bitcoin
($GBTC)
And
The
BTC
Halving:
What’s
Next?

2024
will
surely
go
down
as
Bitcoin’s
most
significant
year
since
its
launch
in
January
2009. 

Fans
and
enthusiasts
may
argue
that
the
2021
bull
run
is
what
got
us
to
where
we
are
today,
but
adoption
has
increased
significantly
since
then,
despite
the
2022
recession,
which
leveled
the
industry
with
bankruptcies
and
scandals. 

Today
there
are
eleven
spot
Bitcoin

ETFs
that
are
currently
the
talk
of
Wall
Street.
Bitcoin
set
a
new
all-time
high
of
nearly
$74k
posted
three
weeks
ago;
it
also
looks
set
to
climb
to
new
highs
after
the
halving,
perfect
for
anyone
wanting
to
get
into
Green
Bitcoin’s
gamified
green
staking.

The
Liquidity
Pool
has
now
been
locked!

Safe
trading!

Proof:

https://t.co/SYbpjt59Ya

pic.twitter.com/AiikakkLY7

—
GreenBitcoin
(@GreenBTCtoken)

April
5,
2024

Bitcoin’s
fourth
quadrennial
halving
arrives
on
April
19
this
year.
The
halving
is
an
event
in
Bitcoin’s
code
that
slashes
miners’
rewards
in
half.
Since
miners
control
the
issuance
of
new
Bitcoin,
this
cuts
the
new
supply
in
half. 

The
law
of
supply
and
demand
dictates
that
when
there
is
a
supply
squeeze
at
times
of
high
demand,
commodities
become
more
valuable. 

Bitcoin
halvings
have
historically
preceded
bull
runs.
Analysts
believe
this
year
will
be
no
different,
thanks
to
demand
created
by
Wall
Street’s
interest
in
Bitcoin
ETFs
coupled
with
the
upcoming
supply
squeeze.

And
since
bull
runs
are
inherently
volatile,
that
means
there
will
be
plenty
of
rallies
and
crashes
in
the
near
future.

Nobody
can
say
with
certainty
what
the
year
will
add
to
Bitcoin,
but
it’s
the
perfect
kind
of
year
to
make
some
predictions
and
win
some
money. 

Take
a
look
at
the

green
paper
and
get
in
early
and

Buy
Green
Bitcoin
Now