BinaryX (BNX) is a cryptocurrency that has recently gained attention in the market. In this article, we’ll delve into the current price analysis of BNX, explore its weekly performance, and summarize the latest news related to this digital asset.
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BNX Price Analysis
BinaryX (BNX) is currently at $0.6255 . Here are some key points regarding its current price:
- Price: $0.6255 USD
- 24-hour Change: +3.46%
- Market Cap: $254,099,189 USD
- Circulating Supply: 359,224,139 BNX coins
- Max. Supply: 2,100,000,000 BNX coins
The price has broken through the horizontal resistance zone and has undergone a successful retest. Currently, it looks ready for an amazing pump.
Weekly Price Analysis
Over the past week, BNX has shown the following trends:
- Price Movement: BNX experienced a 10.1% increase in the last 24 hours, indicating bullish sentiment.
- Trading Volume: The 24-hour trading volume for BNX is $57,188,035, signaling increased market activity.
- Price Range: The 24-hour price range fluctuated between $0.679 and $0.7924.
News Roundup
Team Selling Rumors
Earlier, there were rumors that BinaryX’s team was selling treasury tokens, causing the price to plummet by over 50% in a single day. However, the developer team clarified that they hadn’t sold any tokens and announced a buy-back plan to stabilize the token price.
In summary, BinaryX (BNX) continues to be an intriguing cryptocurrency with significant price fluctuations. Investors should closely follow its developments and consider the impact of recent news on its value. Remember that the crypto market can be volatile, so make informed decisions based on thorough research.
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