BTC Bull Token (BTCBULL) has raised over $8 million in its extended presale, which concludes in just 72 hours ahead of its July 7 exchange debut. The project executed a massive token burn on July 3, destroying 7.5 billion unsold tokens (35% of total supply) worth approximately $19.3 million at the presale price of $0.002585. This reduces circulating supply to 13.65 billion tokens, significantly increasing scarcity ahead of trading.
The token's value proposition centers on Bitcoin-linked utility: when BTC hits $125,000, automatic burns commence every $50,000 threshold increase. At $150,000 Bitcoin, the protocol triggers BTC airdrops to holders proportional to their stake, distributed through integrated wallet partner Best Wallet. Current staking offers a 51% dynamic APY, with 2 billion tokens already locked.
Analysts project substantial upside potential, with 99Bitcoins (723K+ subscribers) forecasting 10x growth and Borch Crypto predicting 100x gains post-listing. A $300 million market cap would yield $0.02 per token (8.5x), while $1 billion would reach $0.07 (28x). The presale extension due to demand ends July 7 at 2PM UTC, after which tokens will trade on DEXs.