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Bitcoin Alternative BTC20 Price Ready to Pump as Buybacks Kick in

Launched on Uniswap decentralized exchange yesterday, 'Bitcoin on Ethereum' coin BTC20 is proving an excellent advert for staking, with 54% of tokens now deposited into the smart contract. At the time of writing, $3,303,345 has been staked at a current annual percentage yield of 79.47%, according to the latest BTC20 website real-time dashboard data. BTC20 continues to hold its presale price of $1 and is expected to steadily appreciate in price as yield seekers buy the coin to stake. However, the team announced yesterday that it had started a buyback program using funds raised in the presale. The BTC20 price is trading at around $0.94, according to data on DEXTools.

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