The Bitcoin Hyper ($HYPER) presale continues to heat up, with whales buying $64K worth of $HYPER tokens over the past weekend. This saw the project raise over $16M on its ongoing fundraiser.
Bitcoin ($BTC) has been changing the world of finance ever since its launch in 2009. While initially seen as a highly speculative and risky investment, it has gained legitimacy among institutions.
Yet, despite all the buzz, Bitcoin has a few drawbacks.
The chain’s simplified script makes Bitcoin one of the most secure cryptocurrencies. However, it limits Bitcoin from being used in more advanced applications, such as smart contracts, dApps, DeFi protocols, and NFTs.
While updating Bitcoin’s code could make it faster and more scalable, this would come at the cost of its security.
Here’s how the L2 will work once launched:
Powering Bitcoin Hyper is its native $HYPER tokens.
When the L2 launches, holders can use $HYPER for gas fees. They’ll also enjoy exclusive features and governance rights.
If you’re on the website, simply connect your crypto wallet to the presale widget, and then buy $HYPER using your credit/debit card or crypto.
There’s less than two days left until the next price increase, though, so it’s best to act quickly.
Staking your tokens is another option if you want to earn passive rewards. In return, you’ll receive 71% p.a. in staking rewards.
