Unsubstantiated Bitlayer Incident Sparks Debate in Cryptocurrency Market Scenario
In a recent development, Binance Wallet has officially confirmed the scheduled Pre-TGE and Booster event for Bitlayer (BTR) on July 24, 2025. The event, starting at 09:00 UTC, will see a token sale of 20 million BTR tokens priced at $0.02 each, potentially raising up to $400,000 in BNB.
The Pre-TGE is open to Binance Wallet users who meet certain Alpha Points thresholds, with a cap of 3 BNB per user. Simultaneously, a Booster Program will distribute 30 million BTR tokens (3% of the total supply) via task-based rewards. It's important to note that these tokens will initially be non-tradable, subject to lock-up until Bitlayer enables trading on Binance Alpha.
These details and official announcements have been shared through Binance Wallet's posts and related press releases on July 23, 2025.
Meanwhile, the cryptocurrency market is responding with a mix of excitement and caution. John Kojo Kumi, a renowned cryptocurrency researcher and writer, has been closely tracking and reporting on this event. With expertise in emerging startups, tokenomics, market dynamics, and various digital asset trends such as DeFi, NFTs, and Web3 innovations, Kojo Kumi aims to equip readers with the knowledge to navigate the digital assets and decentralized technologies landscape.
As for Bitrue Coin (BTR), the latest figures from CoinMarketCap show that BTR stands at $0.04, with a market cap of $4.82 million and a 24-hour trading volume of $1.12 million. Despite the event announcement, BTR has seen a decline of 18.12% in the past 24 hours.
However, it's essential to approach such events with a discerning eye, as unverified reports of 30M BTR rewards have stirred concerns among investors. The market is awaiting solid evidence or denial from authoritative sources to ensure the accuracy of such announcements and their impact on Bitlayer's perceived reliability.
In conclusion, the Bitlayer Pre-TGE and Booster event promises an exciting opportunity for Binance Wallet users. As always, it's crucial to stay informed and make decisions based on verified information.
[1] Binance Wallet Official Post, July 23, 2025. [2] Binance Wallet Press Release, July 23, 2025. [3] Bitlayer Official Announcement, July 23, 2025. [4] CoinMarketCap Data, July 24, 2025.
- The Binance Wallet's scheduled Pre-TGE and Booster event for Bitlayer (BTR) on July 24, 2025, is generating cryptocurrency news, as it involves a token sale of 20 million BTR tokens priced at $0.02 each.
- The event, which is open to Binance Wallet users who meet certain Alpha Points thresholds, follows Binance Wallet's official announcements, as well as related press releases sharing details about the distribution of 30 million BTR tokens.
- The crypto community, including experts like John Kojo Kumi, is closely following this event, as it impacts finance, investing, and the overall cryptocurrency market, particularly with concerns over unverified reports of 30M BTR rewards.
