Will BEN Coin Reach New All-Time Highs?

The cryptocurrency market strives to transition from a bear to a bull market. In the meantime, a number of initiatives are making headlines with promising fundamentals. This write-up explores XYZ and BEN, evaluating their worth outlook in 2023. Beforehand, notice that this isn’t funding recommendation however a easy evaluation of the tokens’ anticipated value actions.

Universe.XYZ: Revolutionizing NFT Engagement for Artists and Collectors

Universe.XYZ is a game-changing social media NFT market streamlining neighborhood interplay with non-fungible tokens (NFTs). This all-in-one platform encompasses auctions, minting, galleries, boards, and social media providers, offering a seamless expertise for artists and collectors. On the coronary heart of the Universe.XYZ lies the decentralized xyzDAO, guaranteeing a completely democratic ecosystem.

Powered by the XYZ token, Universe.XYZ grants artists and collectors a stake within the platform. It additionally allows lively contribution to neighborhood constructing. The platform facilitates direct engagement between the neighborhood and consumers with complete details about collections obtainable in a single place.

Think about a future the place you have got full management of your message and artwork, the place you’ll be able to harness the ability of NFTs to create the initiatives that mainstream media ignores. 🌟

Let’s unlock the potential of NFT artwork collectively! 🔓 That’s what 🌌 @universe was constructed to💫

— Universe (@universe_xyz) April 27, 2023

The XYZ token holds important utility, enabling customers to vote on xyzDAO proposals and earn XYZ rewards staking on xyzDAO. Launched on June 6, 2021, with 1 billion XYZ tokens, the xyzDAO can difficulty extra provide every year to welcome new customers. XYZ is actively traded on varied exchanges like SushiSwap and UniSwap.

Moreover, it empowers artists and collectors, fostering a vibrant NFT neighborhood. With its progressive options and community-driven method, Universe.XYZ revolutionizes NFT engagement for creators and lovers alike.

Growing Inflows and TVL – XYZ is Gaining traction

Lately, TheCryptos.com has reported important inflows into two initiatives, Paladin Vote ($PAL) and Universe XYZ ($XYZ), primarily based on on-chain information. These inflows are measured by a rise in complete worth locked (TVL), indicating rising curiosity and participation in each initiatives.

Utilizing #onchain information we see some critical inflows into the next initiatives. Measured by a rise complete worth locked (TVL).

Paladin Vote – $PALUniverse XYZ – $XYZ

For more information on trending tickers go to https://t.co/X0nYPrwNbd

— TheCryptos.com (@TheCryptos_com) June 25, 2023

XYZ Worth Evaluation

The four-hour chart of XYZ/USDT displays clear indications of a bullish reversal, as evidenced by a number of key elements. Firstly, the costs have surpassed the descending development line, which had acted as a formidable resistance stage since June 3. This breakthrough is critical as the identical development line now assumes the position of a supportive barrier for cryptocurrency.

Furthermore, the presence of Stochastic divergence reinforces the bullish reversal sign. This technical indicator suggests a divergence between the worth motion and the Stochastic oscillator. It signifies a possible shift in market momentum towards the upside.

It’s value noting {that a} decisive breach above the extent of $0.00012042 can probably propel the costs even greater. The projected goal, on this case, is roughly $0.0001400. Conversely, ought to the worth expertise a break beneath the trendline, accompanied by a subsequent shut beneath it, prolonged losses are probably towards the $0.00009555 stage.

Information from DEXTools reveals the XYZ/USDT pair at the moment holds a market capitalization of $80.13K, with a complete liquidity of $95.51K. The pair has a 61/99 reliability rating on DEXTools and 50% Neighborhood Belief.

Whereas we proceed monitoring XYZ token, contemplate BEN, one other undertaking with NFT affiliations.

BEN Token Gaining Traction amid Reputation of Orange NFT

$BEN token is the primary undertaking of Ben.eth, a crypto influencer. Shortly after its launch, the undertaking confronted a rug-pull, inflicting important losses for his followers.

gm

Round 3 hours in the past, a brand new meme-coin suggested by @eth_ben was launched, referred to as ‘DAVE’.

Guess what occurred within the first block?

It bought sniped and dumped, permitting one MEV Bot to extract over $100K in WETH from DAVE *and* PSYOP. 🤦‍♂️

The bot spent simply over $10 to do that. pic.twitter.com/dPBDJY7zbY

— Arkham (@ArkhamIntel) June 2, 2023

Regardless of the setback, the BEN token has managed to keep up a distinguished place within the HotPairs listing on DEXTools. It at the moment ranks at #5 with 5.25percentm each day features.

Undeterred, Ben.eth shortly moved on to his second undertaking, PSYOP. With guarantees of a unique end result, he attracted substantial liquidity to the undertaking. Nevertheless,  he liquidated the provision finally, leaving buyers empty-handed, pocketing thousands and thousands for himself.

Subsequent got here the LOYAL token, the place Ben.eth allotted a good portion of the provision to presale consumers. He saved the bulk for himself. Partnering with fashionable influencer BitBoy, he aimed to rebuild belief. Nevertheless, this undertaking additionally led to disappointment, additional tarnishing his popularity.

Regardless of these controversies, Ben.eth has not too long ago launched the Orange NFT assortment. With 10,000 distinctive items obtainable and a 0.1 ETH minting price, the gathering shortly offered out in beneath quarter-hour. Holders of $PSYOP and $LOYAL tokens had been reserved for a portion of the gathering, additional incentivizing participation.

THIS IS ORANGE. FF6000. NFT.

MINT IS .1 ETH.

SUPPLY IS 10K

COMES WITH 🟧 TWITTER BADGE LIKE YOU SEE IN MY NAME+TWITTER BLUE.

WILL BE TELEBURNING TO BITCOIN CHAIN.

ORANGE WILL BE THE ONLY WAY TO GET EARLY ACCESS TO SOME FUTURE PRODUCTS.

MINT SITE: https://t.co/ksBAEwo79F… pic.twitter.com/dN0AKelAlN

— ben.eth (@eth_ben) June 1, 2023

The Orange NFTs will not be simply collectibles; they provide unique advantages, together with early entry to future merchandise. Moreover, $LOYAL token holders can confirm their neighborhood membership by linking their Twitter handles, and displaying a definite “FF6000” Affiliate Badge on their profiles. This newest undertaking represents a possibility for Ben.eth to rebuild belief. It additionally permits him to ship optimistic experiences for his followers within the Web3 house.

This is likely to be the explanation behind the latest surge within the BEN token value.

BEN Worth Evaluation

The outlook of the four-hour chart of BEN/USDT reveals that the costs have breached above the sloping trendline of the descending triangle sample. Since mid-Might, the coin has been shifting beneath descending triangle sample. On June 23, the worth lastly managed to finish this sample. Now it’s making an attempt to reverse the course to the upside.

Nevertheless, whereas the features are slightly passive, the worth nonetheless strikes above the sloping trendline. Accordingly, the road acts as preliminary help for the cryptocurrency pair BEN/USDT. If costs hold rising, they may face first resistance at 0.00000009082. Any break and shutting above this stage would additional push the costs towards the subsequent resistance at 0.00000011499.

The overall market capitalization of this coin at DEXTools is $32.46M. Its complete liquidity stands at $187.79K with a $42.11K complete quantity beneath the 24-hour timeframe. It has a reliability DEXTscore of 99/99 with 66.7% Neighborhood Belief.

XYZ and BEN Various

Change consideration from XYZ and BEN and contemplate Chimpzee, which is on the forefront of a groundbreaking motion.

Chimpzee: Incomes with Function for Animal Welfare

Chimpzee provides people the possibility to make a distinction whereas incomes earnings. With a concentrate on sustainability and animal welfare, the undertaking presents three avenues for customers to interact and be rewarded.

By means of the Chimpzee Store, customers can contribute to the trigger by buying distinctive merchandise. They will generate passive earnings within the type of CHMPZ cash. The NFT Market permits customers to commerce NFTs, incomes rewards as they actively contribute to a greater world. Moreover, the Zero Tolerance Recreation provides an interactive gaming expertise, offering gamers with alternatives to earn CHMPZ tokens.

🌍Welcome to #Chimpzee!🐵

🙌🌳The Chimpzee initiative strives to save lots of animals and the setting!🐾🌿

📢 Be part of our #Presale in the present day and assist us in saving endangered species and preventing deforestation!🌍🛡️https://t.co/Geog3EVuMC#CryptoCommunity #EcoCrypto #GreenCrypto pic.twitter.com/edNbM5KkOl

— Official Chimpzee Venture (@RealChimpzee) June 29, 2023

The exceptional success of the CHMPZ token’s presale, elevating over $643,969, exemplifies the robust help from the neighborhood. It additionally factors to a shared imaginative and prescient of constructing a optimistic affect whereas collaborating within the crypto market. Chimpzee is empowering people to be catalysts for change whereas reaping the advantages of their involvement.

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