Binance introduces the Bitlayer (BTR) Booster Program and Pre-TGE on July 24, 2025, raising $400,000 through an oversubscription model using BNB deposits.
The program enhances user engagement and token distribution efficiency, influencing BNBโs market dynamics while emphasizing Binanceโs innovative fundraising methods.
Binance unveils Bitlayer (BTR) Pre-TGE Booster, raising $400,000 via BNB.
The Bitlayer (BTR) Pre-TGE and Booster Program draw attention by involving Binance Wallet, marking a strategic initiation on July 24, 2025. The Pre-TGE raised $400,000, aimed at augmenting user engagement and liquidity for upcoming phases.
Binanceโs Bitlayer Raises $400,000 in Pre-TGE
Binance Wallet oversees the program, offering 20 million BTR tokens at $0.02 each. This effort follows an over-subscription model, capped at 3 BNB per participant. These actions spotlight Binanceโs influence in fostering new cryptocurrency projects.
BNB Surge and Community Reactions to Bitlayer Program
The event generated substantial interest. Despite lacking on-chain activity data, the initiatives predominantly affected BNB, a commonly used cryptocurrency for such ventures. Expect community strategies to evolve following the Booster Program.
Historically, Binanceโs Pre-TGEs, including Bitlayerโs, prompted increased trading activity on Binance Alpha, impacting DeFi tokens post-unlock. Anticipate enhanced market engagement paralleling Octoberโs PIERSE event trends.
โThe Pre-TGE Prime Sale Edition aims to provide expanded access to mature blockchain projects.โ โ Binance Announcement
Pre-TGE Programs Propel Binanceโs Market Influence
Similar Binance programs, such as the CreatorPad Booster, emphasized its commitment to innovative fundraising techniques. Past events aligned with present offerings demonstrate effective user incentivization, drawing upon Binanceโs established market position.
Insights from Kanalcoin suggest the BTR offering could bolster user base and trading activities. Based on past data, Pre-TGES consistently drive engagement, potentially benefiting BNB and project-specific tokens in subsequent market cycles.
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