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BTCST is revolutionizing the DeFi space by linking Bitcoin mining with decentralized finance. With its unique model of collateralized mining power, BTCST offers traders exposure to Bitcoin rewards without the need for physical mining equipment. But can it reach $1,000?
- BTCST tokens are collateralized with 0.1 Th/s of Bitcoin mining power, enabling stakers to earn mining rewards.
- The project is fully decentralized, with community voting governing all decisions and no team reserves.
- BTCST's price is closely tied to Bitcoin's hashrate, with recent surges linked to mining adjustments and El Salvador's Bitcoin adoption.
📎 Source reference: coincodecap.com
Other Tags: Binance Smart Chain (BSC), DeFi, El Salvador, Pionex