$BEAMX is a cryptocurrency associated with the Beam ecosystem, which focuses on privacy and gaming. The Beam network utilizes the Mimblewimble protocol to ensure confidential transactions and operates on a proof-of-work consensus mechanism.
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In the gaming sector, BeamX powers a network developed by the Merit Circle DAO, aiming to bridge the gap between gamers and developers. The Beam SDK offers game developers a flexible software development kit to integrate blockchain elements into their games.
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As of March 25, 2025, BeamX is trading at approximately $0.009099, with a market capitalization of around $450 million.
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In recent developments, Falcon Finance, a synthetic dollar protocol, has expanded its supported collateral to include #BEAMX , among other assets. This allows users to deposit BEAMX and mint USDf, Falcon's yield-bearing stablecoin.
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For more detailed and up-to-date information, you can refer to the official Beam website or consult reputable cryptocurrency news platforms.