Bitcoin Hyper Heats Up as Its $HYPER Token Presale Nears $14M Raised: Is It the Next Crypto to 1000x?

Bitcoin ($BTC) is the king of the hill in the cryptocurrency ￰1￱ fact, even people who don’t know anything about crypto will have likely heard of Bitcoin. It’s not at all surprising considering it is the first successful – and the world’s most valuable – ￰2￱ particular, interest from institutional investors has pushed the coin’s value to stratospheric ￰3￱ it comes to corporate Bitcoin treasuries, Michael Saylor’s Strategy is light years away from its competition with its stash of 636,505 $BTC. With all eyes – retail and institutional alike – on $BTC, it’s little wonder that a new meme coin, with plans to build a much-needed Bitcoin Layer-2, is in the midst of a booming ￰4￱ Hyper ($HYPER) is rapidly closing in on the $14M mark, and if all goes according to plan, it could well be the next crypto to 1000x.

Bitcoin: Security at the Cost of Speed and Flexibility By design, Bitcoin is one of the most secure cryptocurrencies out there, thanks to its simplified ￰5￱ downside here is that it lacks flexibility, meaning you can’t use it for more advanced applications, such as smart contracts, dApps, DeFi protocols, and ￰6￱ comparison, blockchains like Ethereum and Solana can handle these use cases, making them the ideal platforms for meme coin developers. There’s also the issue with Bitcoin’s transaction ￰7￱ can only handle a theoretical max of seven transactions per second (TPS) versus Ethereum’s 119.1 TPS and Solana’s 65K TPS. Bitcoin’s slow transaction speeds lead to network congestion, which then results in high transaction ￰8￱ Hyper: Securely Sending Bitcoin to Hyperspace Since its launch in 2009, the Bitcoin blockchain has had numerous updates.

So, why aren’t developers making it faster? The reason is that it would come at the cost of its ￰9￱ good news is that Bitcoin Hyper ($HYPER) has a solution to ensure faster transactions and make $BTC extra flexible, while retaining its high ￰10￱ do this, the Hyper team will create a Bitcoin Layer-2, which will process transactions outside the main Bitcoin ￰11￱ launched, Bitcoin Hyper will work like this: First, deposit your $BTC to an address monitored by the Hyper’s Canonical Bridge Next, the Solana Virtual Machine (SVM) will verify your coin Once verified, a wrapped version of the $BTC with the same amount will be minted on Hyper’s Layer-2 You’ll be able to use your wrapped $BTC for various applications, such as staking and interacting with dApps If you want to withdraw your $BTC, simply create a ￰12￱ validated, it’ll be sent back to your Bitcoin wallet address on the ￰13￱ transaction on the Layer-2 will be faster and cheaper than on the Layer-1 since it will be on an SVM.

Meanwhile, the state of the Layer-2 is constantly committed to the Layer-1 to ensure that everything is synchronized and ￰14￱ you want to learn more about the project, be sure to read our What is Bitcoin Hyper? page. $HYPER Tokens: Powering the Bitcoin Hyper Project When the Layer-2 launches, you’ll need Bitcoin Hyper’s $HYPER token to pay for gas and other transaction ￰15￱ this token also offers other perks, like access to exclusive features and the ability to vote on key decisions on the ￰16￱ now, you can buy $HYPER tokens at the official Bitcoin Hyper presale ￰17￱ one costs $0.012865, but a price increase is due in less than two days, so it’s always best to act as quickly as you can.

Don’t forget, you can also stake your $HYPER to enjoy rewards at 78% ￰18￱ more information on joining the presale, check out our page on how to buy Bitcoin ￰19￱ of the project’s promise to make the Bitcoin ecosystem faster and more flexible, Bitcoin Hyper has gotten a lot of attention from ￰20￱ that includes recent whale buys of $161.3K and $100.6K. To date, the presale has raised close to $14M, giving it the most potential to be the next crypto to ￰21￱ to invest in this revolutionary Layer-2? Join the Bitcoin Hyper presale ￰22￱ Will Only Get Better for Bitcoin As the crypto market becomes more mature, there’s plenty of room for growth for ￰23￱ thanks to projects such as Bitcoin Hyper ($HYPER) , the world’s biggest cryptocurrency can only become more valuable and ￰24￱ of this, expect Bitcoin to maintain its status at the top of the crypto food chain for the foreseeable ￰25￱ by Bogdan Patru, Bitcoinist — ￰0￱