99Bitcoins, the educational platform that has been providing crypto-related materials to the public for over a decade, has finally concluded its ICO. The presale ended on August 6, and now, two days later, the project has enabled token claims for the participants.
99Bitcoins enabled token claims
In its recent announcement on X, 99Bitcoins said that the 99BTC token claim is live. It invited all investors who participated in the presale to connect their wallets to its official website to start the claim.
https://x.com/99BitcoinsHQ/status/1821486548434727194
Many among investors have reported that they managed to successfully claim their tokens without any issues and that the whole process went smoothly. Many have also expressed their optimism by saying that they are highly bullish regarding the token and its future.
https://x.com/MANNEQU81627870/status/1821495116072141045
Prior to enabling the claims, 99Bitcoins also posted an important update. Its developers said that, in anticipation of the token’s launch, they completed a 33 billion token burn. This will massively reduce the circulating supply, make 99BTC’s market cap more sustainable for the current market conditions, and likely help the project’s price go up.
BUY 99BITCONS BEFORE THE NEXT PUMP
Typically, highly anticipated tokens tend to see a price surge post-launch anyway, as those who participated in the presale tend to buy more once the token emerges on exchanges and those who didn’t start buying at this time when they see that the price is going up.
A token burn is likely to encourage the bullish sentiment further and help 99BTC see a price surge. However, it is also worth noting that the crypto sector is currently seeing a bearish wave, with many of the major cryptos seeing a weekly drop of anywhere between 3% and 40%.
There are also those that are seeing major price boosts, although they are in the minority.right now.
What is next for 99Bitcoins?
With the ICO concluded and the claim underway, 99Bitcoins will now focus on creating the promised platform that will use its unique Learn-To-Earn (L2E) model. The idea is to create a new platform for educating new arrivals to the crypto industry.
The project’s plan is to develop and implement brand-new learning modules to make learning about cryptocurrencies more interactive and interesting. In addition to that, users will be rewarded with 99BTC tokens for completing lessons, which is an additional incentive to get the necessary education.
Meanwhile, by learning about digital assets and the crypto industry as a whole, they will be better prepared to handle issues like volatility and trading nuances, as well as avoid pitfalls like scams and fraud, which are also abundant in the digital currency sector.
