BlockchainFX Presale Surges to $11.7M as Bitcoin Rally Boosts Market Sentiment
Bitcoin (BTC) has staged a short-term rally above $91,000, improving market sentiment after a recent correction. Simultaneously, BlockchainFX (BFX) — a presale stage trading platform — announced it has raised $11.7 million, approaching a $12M soft cap. The project is marketing a 70% Black Friday bonus (code: BF70) and a presale price of $0.03 with an expected $0.05 launch target. BlockchainFX says it secured an international trading licence from the Anjouan Offshore Finance Authority (AOFA) and offers multi-asset trading (crypto, stocks, forex, commodities, ETFs), staking rewards distributed in BFX and USDT, and fee redistribution to holders. The presale accepts multiple payment methods (ETH, USDT, BTC, Apple Pay, VISA) and claims instant token crediting. The article is a paid promotion and includes a giveaway incentive (Gleam) for purchases over $100. Key figures: $11.7M raised, $12M soft cap, $0.03 presale price, 70% bonus, BTC price > $91,000. Traders should note this is promotional material and assess regulatory and counterparty risk despite the AOFA licence claim.
Bullish
Short-term market impact is likely bullish. Bitcoin’s rebound above $91,000 improves sentiment and can lift liquidity and risk appetite, making investors more receptive to high-upside presales. The reported $11.7M raise and near-term bonuses (70% BF70) create FOMO that can drive demand for BFX and speculative altcoins, producing price appreciation in the short run. However, this is promotional content: the AOFA licence and rapid token distribution claims reduce but do not eliminate regulatory or execution risk. Historically, large presale raises and aggressive bonus schemes boost initial token demand but often lead to high volatility and profit-taking at launch (examples: several ICO/IEO cycles in 2017–2019 and presale-led memecoin episodes in 2020–2022). For traders: expect elevated short-term volume and volatility in BFX and correlated small-cap tokens; manage position size, set stop-losses, and verify on-chain/tokenomics and legal claims. Long-term impact is uncertain — sustained bullish outcomes require demonstrable product adoption, on-chain activity, and credible regulatory standing.