New Star USD1 Mining Project Bitequal's BTE Token Surges Above $11, Up Over 26% in 6 Hours

Blockbeats
06-09

BlockBeats News, June 9th, according to GMGN market data, the first virtual proof-of-work protocol integrated with USD1 on the BNB Chain, Bitequal, has a total trading volume of $6 million. The token BTE is currently priced at $11.2, with a 6-hour increase of 26.29%. Over 18,000 users have joined the mining, deploying a total of over 20,000 rigs and drills.

According to the introduction, Bitequal is the first USD1-type depin project, with a fair launch without pre-mining. It has a total supply of 21 million tokens and innovatively combines the halving mechanism with a deflationary mechanism. Within 40 hours of launch, 370,000 BTE tokens have been burned.

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