Crypto Bitlord, a somewhat enigmatic figure in the cryptocurrency world, has over 300,000 followers on his X handle (erstwhile Twitter). This can be attributed to his unmatched and unprecedented power to influence crypto world participants and enthusiasts by spotting potential and recognizing trends before they become mainstream.
From adopting Bitcoin in its very early days to supporting Ripple (XRP) when it was nascent – Crypto Bitlord’s track record, some say, has been nothing less than phenomenal. But this time, he is in the news for something even bigger and unexpected by even his standards.
Why is Crypto Bitlord in the News This Time?
Crypto Bitlord – taking even his strongest supporters by surprise – has raised US$4 million in less than 24 hours for a mystery crypto project. And he has achieved so by releasing no whitepaper, roadmap, or hints of what this project might be. From his posts on X, many of which were characteristically cryptic, crypto analysts have stitched together some broad schematics for this project.
The project had a tiered presale structure with three stages. These sales were without traditional guarantees and carried the following disclaimer: “These tokens/coins are ‘as is,’ without warranties. No promises on future value or performance. Purchase based on blockchain functionality, at buyer’s risk.’
While Crypto Bitlord clarified that it did not carry investment advice, the crypto community deemed the distribution process to be transparent. However, it said, ‘there are no refunds and no ability to ‘reverse’ a transaction once Ethereum is sent. You understand sending under 0.2 ETH at any time will not be returned.” This firm stance on the finality of transactions underscored the seriousness with which he approached his initiatives in the crypto space.
Crypto Bitlord identifying the nascent gems of crypto has been a consistent phenomenon. From identifying groundbreaking projects like ADA and Dot/KUSAMA from their inception to billion-dollar meme coins like Shib, Floki, and PEPE, he has always been beside the right project at the right time.
For now, the community has to wait and watch to see where this secrecy-shrouded project takes them to. Crypto Bitlord, in one of his latest tweets, has thanked the community ‘for the support during the stress of launch’ and promised a ‘smooth sailing ahead.’
Overall, Crypto Bitlord’s latest feat of raising US$4 million in 24 hours highlights his significant influence in the cryptocurrency world. With his history of spotting early trends and his latest mysterious project, the crypto community watches with keen interest and high expectations.