Record-breaking Bitcoin Hyper Presale collecting $8 million as Bitcoin surpasses $122K; query arises about top crypto investment option currently
In the ever-evolving world of technology, two significant developments are making headlines this week. Microsoft has announced its entry into the UK's artificial intelligence (AI) market with a $30 billion investment, while Bitcoin Hyper, a Bitcoin Layer 2 solution, is gearing up for its launch.
Microsoft's foray into the UK AI market marks a significant move in the global race for AI dominance. The tech giant aims to contribute to the UK's 'AI cake', joining other tech giants in the pursuit of AI advancements.
Meanwhile, Bitcoin Hyper, powered by Solana technology, is preparing to revolutionise the Bitcoin ecosystem. This innovative Layer 2 solution aims to increase Bitcoin's transaction speed to thousands per second, addressing the long-standing issue of congestion in the Bitcoin network.
The project's smart contract code has undergone thorough audits by Spywolf and Coinsult, ensuring investor security. Bitcoin Hyper's Layer 2 solution will process bundled transactions off-chain, reducing congestion and improving the overall performance of the Bitcoin ecosystem.
The liquidity reserve, another key feature of Bitcoin Hyper, is designed to lower slippage and reduce the risk of a rug pull, providing investors with a secure and stable platform.
Bitcoin Hyper's native token, HYPER, will be used for gas fee payments, staking, and governance rights. Early access to the presale is currently available, but demand for HYPER is rising quickly, with $8.3 million already raised.
The developers of Bitcoin Hyper have set aside 10% of the total token supply for liquidity, further ensuring the stability of the platform. Bitcoin Hyper's goal is to add DeFi capabilities to the Bitcoin ecosystem, making it more versatile and accessible.
Despite no official release date yet, Bitcoin Hyper is planned to launch immediately after the end of its presale phase in 2025. The project aims to retain Bitcoin's robust security and maintain synchronization, ensuring a smooth transition for users.
On a separate note, the cryptocurrency market has reached new heights, surpassing a $4 trillion market cap on August 9th. Bitcoin (BTC) grew by 6% from last week and surpassed $122,000, reflecting a positive trend in the market.
As these developments unfold, the future of technology and cryptocurrency continues to be an exciting and dynamic landscape. Stay tuned for more updates as these projects progress.
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