Bitcoin Virtual Machine Tokens Surge 300% as Traders Bet on Expanding Bitcoin Ecosystem
• Bitcoin Virtual Machine (BVM) is a rapidly growing L2 protocol on Bitcoin that lets users create their own layer 2 networks and earn rewards.
• BVM tokens have surged over 300% in recent days to $3.50, fueled by demand from traders betting on Bitcoin ecosystem growth.
• The BVM team plans "juicy" airdrops for BVM token stakers, further driving demand.
• BVM enables faster, cheaper Bitcoin transactions, expanding Bitcoin's capabilities into areas like decentralized finance.
• Native Bitcoin tokens are an emerging investment area, with BRC-20 tokens now having a $3.5B cumulative market cap.