BNB
Major news and movements:
The BNB coin reached an all-time high above $800, reflecting strong upward momentum.
Nano Labs announced that it has started buying BNB worth $50 million as part of a larger plan that could reach a billion dollars, enhancing institutional demand.
Technically, it has been indicated that BNB enjoys upward momentum, but there are concerns that it could lose key support if the situation changes.
#BNB #BinanceCoin #CryptoAltcoins #CryptoInvesting
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PYTH (from the Pyth Network)
News and major movements:
The network was selected by the U.S. Department of Commerce to publish economic data on the blockchain, marking a significant boost for the project.
However, technical analysis indicates that PYTH may face further declines if a 'Death Cross' appears on the chart.
#PYTH #PythNetwork #BlockchainOracles #DeFiData
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NXPC (from the Nexpace project)
News and major movements:
NXPC had a strong launch, rising by 115% in a short time upon being listed on platforms, with trading exceeding $1 billion.
Rewards (airdrop) were also provided and listed on a major platform, adding appeal for early investment and trading.
However, there are challenges in terms of actual growth and usage, and some short-term declines have been observed.
#NXPC #Nexpace #GameFi #Web3Gaming
