Bitcoin Slows, Nexchain Presale Coin Builds Real Utility
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Crypto News As Bitcoin stalls near $115K, Nexchain’s crypto presale nears cap with tools, rewards, and 313% ROI potential for early buyers. As Bitcoin remains range-bound, the Nexchain crypto presale is drawing buyers looking for structured utility and on-chain rewards. Nexchain is currently in Stage 24, with NEX tokens priced at $0.096. The presale crypto campaign has raised over $8 million toward its $8.475 million goal. Unlike Bitcoin, which relies on price movement and liquidity cycles, Nexchain offers features already built into its system. These include gas-sharing rewards, smart contract tools, and AI-powered automation. The project is positioning itself in the web3 crypto presale market by targeting long-term usability and developer integration. Bitcoin Holds Steady After Recovery From Support Bitcoin recently bounced from the $112,000 zone after a wave of accumulation. According to Glassnode, roughly 120,000 BTC were purchased during the recovery, pushing the price to just above $114,000. The coin is now trading around $115,320, with buyers holding support and sellers watching for a breakout. ~120k $BTC were acquired during the rebound from $112k to $114k – evidence of opportunistic buying. Yet supply within the $110k–$116k range remains sparse, meaning stronger accumulation is needed to form lasting support: https://t.co/1J8WjAFubu pic.twitter.com/vL4OL3hOlg — glassnode (@glassnode) August 7, 2025 On-chain volume between $110,000 and $116,000 remains low. This creates a fragile area that could lead to fast movement in either direction. Analysts also reported that long-term holders realized $44 million in profit during the recovery, suggesting some are reducing exposure at local highs. Bitcoin’s current market structure reflects short-term trading activity rather than long-term usage growth. Nexchain Offers Active Utility Before Mainnet The Nexchain platform is being built for developers, users, and enterprises seeking more than token storage. As a new crypto presale, Nexchain combines fast transaction processing with built-in rewards. It…
Filed under: News - @ August 7, 2025 3:34 pm