In the 25th quarter, the coin Anqing Zhu destroyed 2.14 million BNB tokens
In the 25th quarter, the coin Anqing Zhu destroyed 2.14 million BNB tokens. Investors doubt whether this will affect the price of BNB. The price of dogcoin is still falling as the DOGE community hopes that Elon Musk's X platform will adopt this meme currency. Meanwhile, a new encryption project, Everlodge, has attracted the attention of analysts in the past few weeks.
Everlodge (ELDG) Enters the Vacation Rental Market
Research shows that since the Covid-19 pandemic, global tourism has become a thriving market. Statistics show that there are over 700000 hotels and resorts worldwide. However, only a few people have enough money to invest in such properties.
Fortunately, Everlodge provides a fair competitive environment for every investor. Everlodge is an upcoming Web3 platform aimed at addressing challenges in the real estate industry. People will be able to buy and sell real estate cheaply through the fragmentation of irreplaceable tokens (NFTs).
Fragmentation of NFT requires dividing the complete NFT representing real estate into fragments that people can purchase for $100. These NFTs have actual value and can be used as collateral for loans. Meanwhile, Everlodge has entered the fifth stage of pre-sale.
The selling price of its ELDG token is only $0.02. People who purchase Everlodge tokens will enjoy passive income, discounts, governance rights, and the opportunity to win free holidays in the Maldives. Analysts predict that the value of ELDG will rise by 280% by December.
What will happen to the BNB (BNB) price after the token is destroyed?
BNB has caused a stir in the cryptocurrency industry, destroying 2.14 million BNB tokens. This destruction strategy is part of the platform's strategy to reduce BNB supply and increase its price. After destruction, the price of BNB increased by 3% to reach $213.
In addition, the token successfully maintained a 3.3% increase on the weekly chart. From the price chart, BNB tokens are currently rebounding between $205.23 and $222.43. Firstly, the initial support level is $195.97, which serves as a safety net. In addition, $178.77 has stronger support.
In addition, network activity on the BNB chain has been increasing. The network recently released the Greenfield main network. The goal of this storage network is to change the use and ownership of Web3 data. Cryptocurrency analysts remain bullish on BNB tokens and predict that prices will rise to $230 in the coming weeks.
What happened to Dogcoin?
Dogcoin is a well-known meme coin that has been in a narrow trading range for the past few months. In the past two months, the price of dog coins has been struggling to break through $0.06. This lack of progress occurs during a period of uncertainty in the broader cryptocurrency market.
In addition, the daily trading volume of Gougou Coin has decreased, indicating a lack of interest among users in the coin. The price of dog coins dropped from $0.06011 on October 16th to $0.058986 on October 18th.
In addition, the development of dog coin networks has sharply declined in the past few months. Nevertheless, given the recent listing of Dogcoin on BitTrade, cryptocurrency analysts are still optimistic about the price of Dogcoin. They predict that when market conditions improve, the price of dog coins will rise to $0.0723.
That's all for today's article. If you like it, you can follow it~
The market is constantly changing, or if you want to join the newspaper group for heating, please feel free to leave a message at any time.
Thank you for watching. Please like and follow. See you next time!
#Ethereum ETH # # Dog Coin # # Coin An#
Disclaimer: The content of this article is sourced from the internet. The copyright of the text, images, and other materials belongs to the original author. The platform reprints the materials for the purpose of conveying more information. The content of the article is for reference and learning only, and should not be used for commercial purposes. If it infringes on your legitimate rights and interests, please contact us promptly and we will handle it as soon as possible! We respect copyright and are committed to protecting it. Thank you for sharing.(Email:[email protected])
