Bitcoin Standard Hashrate Token (BTCST) Price
$0.02866 0.29%
Latest Updates
Updated at 20:29Market cap
$349,678.78
Market rank
#2573
Volume 24H
$23,676.4 1.92%
Price change 24h
-$0.00008 0.29%
Price change 7d
-$0.00151 5.26%
What about Bitcoin Standard Hashrate Token?
BTCST (Bitcoin Standard Hashrate Token) is a relatively new cryptocurrency that has gained popularity among investors and miners alike. BTCST is pegged to the hashrate of Bitcoin mining, meaning that its value is directly anchored to the amount of computational power being used to mine Bitcoin.
This outstanding feature of BTCST makes it an attractive investment opportunity for those looking to gain exposure to Bitcoin mining without having to actually mine Bitcoin themselves. Investors can purchase BTCST tokens and receive a proportionate amount of the Bitcoin mining rewards that are generated by the hashrate that their tokens represent.
The demand for BTCST has increased rapidly since its launch, with its price rising by more than 250% within the first month of trading. This can be attributed to the growing popularity of Bitcoin mining and the unfading interest in cryptocurrencies as a whole.
However, it is important to note that investing in BTCST comes with its own set of risks. The value of BTCST is directly tied to the hashrate of Bitcoin mining, which can be subject to fluctuations based on a variety of factors, such as changes in mining difficulty and competition among miners.
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Trending
24h top price changes+$8.2052 43.81%
+$0.02764 16.01%
+$0.03843 14.75%
+$0.07759 14.27%
+$0.00071 13.72%
+$0.00018 12.25%
+$0.00175 11.54%
+$0.00003 10.34%
+$0.00327 10.01%
+$0.02167 9.30%
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