您现在的位置是:BurgerCities price: What is BURGER and why is it soaring? >>正文
BurgerCities price: What is BURGER and why is it soaring?
上海品茶网 - 夜上海最新论坛社区 - 上海千花论坛2人已围观
简介The BurgerCities price has gone parabolic in the past few days as demand for the coin jumped. BURGER...
The BurgerCities price has gone parabolic in the past few days as demand for the coin jumped. BURGER rose to a high of $3.45, which was the highest level since December. It has jumped by more than 1,100% above the lowest level this year, bringing its total market cap to about $12 million.
What is BurgerCities and why is it rising?
BurgerCities is a relatively small cryptocurrency that was created in the BNB Chain ecosystem. It is a platform that combines both the metaverse and decentralized finance (DeFi). It is a gaming platform where people compete for rewards. As such, it describes itself as a MetaFi.
In the BurgerCities ecosystem, people can engage in casual activities like gaming and socializing with the goal of earning rewards. As a metaverse project, it has also integrated the concepts of non-fungible tokens. As such, like Axie Infinity, it is possible for one to make substantial returns by taking part in its gameplay.
Some of the most important parts of BurgerCities are the Black Market, which integrates a cross-chain aggregator of the major DEX and CEX protocols. There is also the energy plant where users can become liquidity providers and a central bank, which is the single-coin dual-mining revenue aggregator in the network. It is also possible for one to buy virtual property in its ecosystem.
The BurgerCities price is rising as investors react to the recent integration of iZUMi into their aggregation protocol. The partnership came after BurgerCities launched its aggregation protocol. Therefore, the number of DEXs in the ecosystem are MDEX, Biswap, BakerySwap, and Babyswap among others.
Another reason why the BURGER price is rising is that of pump and dump among market participants. In the past few weeks, we have seen the number of such schemes rise.
BurgerCities price prediction
The BURGER price has made a strong recovery in the past few days. On the daily chart, it has managed to move above the descending trendline shown in blue. It has also jumped above the 25-day and 50-day moving averages while the Stochastic Oscillator has moved above the overbought level. The same is true with other oscillators like the Relative Strength Index (RSI) and the MACD.
Therefore, I suspect that the coin will soon have a pullback as sellers target the blue trendline. This is known as a break and retest pattern. If it happens, the next key support to watch will be at $1.5.
Tags:
转载:欢迎各位朋友分享到网络,但转载请说明文章出处“上海品茶网 - 夜上海最新论坛社区 - 上海千花论坛”。http://www.jz08.com.cn/news/7163.html
相关文章
Aptos Labs, Microsoft partner to bring AI to Web3
BurgerCities price: What is BURGER and why is it soaring?Aptos Labs has partnered with Microsoft to expand global access to Web3.Developers building on the b...
阅读更多
The RoboCup sees robot soccer teams go at it for the final win
BurgerCities price: What is BURGER and why is it soaring?By subscribing, you agree to our Terms of Use and Policies You may unsubscribe at any time.RoboCup i...
阅读更多
Boston Dynamics' Spot robot dogs to start painting residency program
BurgerCities price: What is BURGER and why is it soaring?By subscribing, you agree to our Terms of Use and Policies You may unsubscribe at any time.Aiming to...
阅读更多
热门文章
- LG simplifies life at CES 2024 with smart home AI
- 140 year old tech to bring unlimited clean energy to island nations
- Siemens unveils mixed reality headset to enable the 'industrial metaverse'
- Buy Bora, the coin that gained 14% today: Here’s where
- ‘World’s first’ 35kV superconducting power cable tested, claims China
- Elon Musk's X platform has payments licenses in seven US states