Bitcoin eyes $70k as the Piggy Bankster presale commences in 26 hours

Key takeaways

• Bitcoin is trading above $69k once again and is now targeting the $70k psychological level.&
• The Piggy Bankster presale is commencing tomorrow ahead of its launch on the Solana blockchain.

Bitcoin targets $70k

The cryptocurrency market is having a positive start to the week, with BTC and other major altcoins performing well. At press time, the price of Bitcoin stands at $69,070, up by more than 1% in the last 24 hours.

With the broader market performing well so far, BTC could target the $70k psychological level in the near term.&

Piggy Bankster prepares for its presale

The cryptocurrency market has had an excellent run year-to-date, with most coins and tokens up by more than 50% during that period. As more investors troop into the market, exciting projects continue to emerge.

One project that is set to launch on the Solana blockchain soon is Piggy Bankster. Similar to other quality projects in the ecosystem, Piggy Bankster is offering investors the opportunity to purchase its $PIGS token at a discount via presale.

The Piggy Bankster presale will commence on June 4, 2024. According to the development team, the Piggy Bankster ($PIGS) launch is designed as a fair launch on the Solana network. This would allow investors to acquire the token from the outset.

Furthermore, the total supply of Piggy Bankster tokens is set at 100,000,000 $PIGS, with 100% of this supply being allocated to the liquidity pool. The memecoin’s initial liquidity stands at $12,000, with a starting price of $0.00012 per $PIGS.&

What is Piggy Bankster? The new Solana meme coin

With the Piggy Bankster presale just a few hours away, it is ideal to know more about this project. Piggy Bankster is a meme coin on the Solana blockchain. However, while the meme coin space is dominated by Dog, Frog, and Cat characters like Dogecoin, Shiba Inu, Pepe, and Popcat, Piggy Bankster is introducing something fresh to the ecosystem.

It is a pig gangster-themed project represented by a pig nicknamed Piggy Bankster. According to their official website, Piggy Bankster struggled his way out of the slums of Swine City and reached the top of the criminal underworld.

Piggy Bankster is a crime boss who only appears on-chain donning a pin-striped suit. Piggy has, does, and will blast anyone in his way and is notorious for his ruthlessness. The pig values loyalty above all and looks after those who serve him faithfully.

Piggy Bankster’s launch comes at a time when meme coins are experiencing massive adoption in the crypto ecosystem. At the moment, there are seven meme coins in the top 100 list, including Dogecoin, Shiba Inu, Pepe, Book of Meme (BOME), Dogwifhat (WIF), Bonk, and Floki.

Solana has become home to some of the leading meme coins thanks to the network’s speed and transparency. Piggy Bankster is now looking to leverage Solana’s features for its $PIGS token.&

You can learn more about the Piggy Bankster project from their website or follow their social media activities on X and Telegram.

The post Bitcoin eyes $70k as the Piggy Bankster presale commences in 26 hours appeared first on CoinJournal.

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