Friends, I recommend you pay attention to the coin $T which has shown fantastic growth in its value over the last 24 hours:
Current Price Characteristic of Threshold (T)
🔸 Price: $0.02422 USD
🔸 24hr Change: 62.88%
🔸 7d Change: 62.12%
🔸 24hr High: 0.02515 USD
🔸 24hr Low: 0.01473 USD
Technical Analysis of the Coin:
MACD indicates strong buying pressure with potential for continued upward movement, OBV confirms sustained buying pressure supporting bullish sentiment in the market, while the expanding Bollinger Bands indicate increased market volatility and a strong bullish trend with potential overbought conditions.
Coin Profile:
This coin (#183 in the overall Binance ranking, current market capitalization $229.32M) was created as a result of the merger of two decentralized protocols: NuCypher (NU) and Keep Network (KEEP) in 2022. Threshold now aims to become a cryptographic network for blockchain applications, making user information and digital assets confidential. Its main product is a decentralized wrapped asset BTC on the Ethereum network – tBTC. Threshold is also developing a stablecoin (thUSD) backed by tBTC.
That is, we are talking about a project with real benefits for its users (not a meme coin) which makes its future development quite promising.
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