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The post Maximizing Profits Before Bitcoin Halving: Scorpion Casino Presale is Close to an Early Sell-out appeared first on Coinpedia Fintech News
The next Bitcoin halving event is expected to occur in April 2024. This regularly scheduled event reduces the block reward miners receive for processing transactions, thereby slowing the release of new bitcoins into circulation. Historically, halving events have preceded significant increases in the price of Bitcoin as supply constricts.
Many crypto investors are positioning themselves to profit from the anticipated price appreciation around the upcoming halving. However, the presale for the Scorpion Casino token ($SCORP) offers a lucrative opportunity to maximize profits even before the halving takes place.
High Returns Expected Post-Halving
Halving the block reward from 6.25 BTC to 3.125 BTC decreases the minting rate of new bitcoins by 50%. With demand expected to remain strong, constraining supply typically drives up the price.
The previous two halvings provide evidence of this relationship between supply shocks and price spikes. In the months following these events, Bitcoin entered prolonged bull runs with gains of thousands of percent.
With the next halving on the horizon, many analysts predict Bitcoin’s current bull run could accelerate into a frenzy of buying activity and FOMO. Some estimate the price reaching $100,000 or even $500,000 per bitcoin.
$SCORP Presale Offers 100% Returns Before Halving
The ongoing presale for the Scorpion Casino token is offering immediate returns of up to 100% for contributors.
$SCORP is currently priced at $0.029 during the presale period. However, the token will list on major exchanges at $0.05 – representing an instant gain of 72% for presale buyers.
On top of that, the project estimates the price multiplying by over 5,000% once public trading commences. This provides an opportunity for massive profits bfore and even during the predicted price appreciation from the halving event.
Presale Success Shows Strong Investor Interest
The Scorpion Casino presale has already attracted over 10,000 users and raised $4.7 million in total funds so far. This demonstrates tremendous investor appetite for the project ahead of the public listing.
The speed at which $SCORP is selling pout has exceeded the team’s expectations since the first week due to high demand. They are also well prepared and have robust mechanism to accommodate the influx of contributors.
With the presale already over 65% sold out, an early sell-out seems imminent given the current pace. Investors still looking to participate are advised to buy in as soon as possible before the remaining tokens are snapped up.
What Makes $SCORP So Attractive?
Several key factors make $SCORP an appealing investment:
Daily Staking Rewards
$SCORP holders can earn passive income through the project’s staking rewards system. Payouts in USDT and $SCORP tokens are made directly to wallets daily, allowing investors to accumulate compounding returns.
Higher token balances unlock increased rewards, incentivizing buyers to accumulate more $SCORP during the presale period.
Buybacks and Burns Support Price
A portion of the casino’s daily revenue feeds into an automated buyback system that purchases $SCORP tokens on the open market.
Half of the tokens bought back are burned, reducing circulating supply. The other half is added to the staking rewards pool, distributing value to holders.
This tokenomics system applies constant upwards pressure on the $SCORP price over time.
Established Casino & Sportsbook Business
Unlike other crypto casinos, Scorpion Casino already operates an established online gambling platform with thousands of users.
The business currently sees 30,000 bets per month across slots, table games, live casino, and sportsbook verticals. This provides over $5 million in monthly wagering volume to support the $SCORP ecosystem.
Presale Offering Low-Cost Entry Point
With high returns expected for $SCORP holders, the presale provides the ideal entry point before the public listing.
Remaining tokens are priced at just $0.029, far below the upcoming exchange rate of $0.05. Investors can secure a low-cost position during this period.
Additionally, Scorpion Casino is offering bonuses including up to 40% deposit matches on the gambling platform for presale participants.
Buying earlier means compounding staking rewards for longer. And with the presale selling out quickly, time is running short to become an early adopter.
Takeaway
The next Bitcoin halving promises to be a pivotal moment for the crypto markets. However, the Scorpion Casino presale delivers an opportunity for sizable returns even before that event.
With elevated investor demand, a solid business foundation, and strong tokenomics, $SCORP is primed for an impressive price performance.
Securing a holding during the low-priced presale period allows for maximizing profits leading up to the halving. As $SCORP continues selling out, interested buyers should act fast before the price jumps to the exchange listing rate.
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