BinaryX (BNX), a key participant within the cryptocurrency market, has been catching traders' consideration with its latest efficiency. Identified for its strong ecosystem and modern method, BinaryX continues to draw curiosity regardless of market volatility.
As of early August 2024, BinaryX (BNX) is buying and selling at $1.33, up 14.35% over the previous month. The token has a market cap of roughly $497.43 million with a 24-hour buying and selling quantity of $14.08 million. Regardless of the decline in buying and selling quantity, the token maintains a circulating provide of 373.4 million BNX out of a complete provide of 561.49 million BNX, giving it a completely diluted market cap of $772.65 million.
BinaryX (BNX) is buying and selling at $1.33 and sits at #105 on CoinMarketCap's market cap rankings. There are 373,401,346 BNX cash in circulation, with a market cap of $497,425,392.
BinaryX (BNX) Actual-time Market Standing
| 🪙 Identify | BinaryX (previous) |
| 💱 Symbols | Van |
| 🏅 Rank | #3168 |
| 💲 Worth | $128.81094298817 |
| 📊 Worth Change (1 hour) | -0.12% |
| 📊 Worth Modifications (24 hours) | -6.64% |
| 📊 Worth Change (7 days) | -11.19% |
| 💵 Market Cap | $0 |
| 💸 Circulating Provide | 0 Van |
| 💰 Complete Provide | 6214825.3185245 Van |
BinaryX (previous) (BNX) At the moment being traded $128.81094298817 and, #3168 Within the CoinMarketCap market capitalization rating, 0 Bitcoin The overall market capitalization of cash presently in circulation is $0.
Up to now 24 hours, BinaryX (previous) 6.64% final week, the coin 11.19%.
What’s BinaryX (BNX)?
BinaryX is a distinguished blockchain-based mission targeted on the event of gaming infrastructure and decentralized purposes. Its ecosystem features a vary of merchandise designed to facilitate gaming and DeFi (decentralized finance) experiences. The BNX token is the native foreign money inside this ecosystem, enabling transactions and governance.
BinaryX (BNX) Present Market Standing
Lately, BinaryX has skilled notable worth fluctuations, with the token’s worth fluctuating considerably over the previous month. Buying and selling quantity has fallen by 65.85%, however general market sentiment stays optimistic because of BNX’s stable foundations and ongoing growth efforts.
BinaryX (BNX) Worth Forecast 2024-2030 Overview
| Yr | Potential Minimal Worth ($) | Potential excessive ($) |
| 2024 | $0.90 | $2.50 |
| 2025 | $1.50 | $4.00 |
| 2026 | $2.00 | $5.00 |
| 2027 | $3.00 | $6.50 |
| 2028 | $4.50 | $8.00 |
| 2029 | $6.00 | $10.00 |
| 2030 | $8.00 | $12.00 |
BinaryX (BNX) Worth Prediction/Evaluation 2024
Because the BNX market reveals indicators of restoration, traders are intently watching the worth motion to see if it could possibly maintain its present bullish momentum. Given the latest worth rally, the token is prone to proceed to draw curiosity from merchants on the lookout for progress alternatives within the cryptocurrency area.
BinaryX (BNX) Worth Prediction: Will BNX Push Above the Present Trendline?
The 4-hour chart reveals a transparent descending trendline (highlighted in blue) that has been performing as a key resistance degree since mid-July. This trendline has constantly rejected worth advances, resulting in a sequence of decrease highs and decrease lows. In the meantime, the quantity oscillator is exhibiting -24.40%, indicating a decline in buying and selling quantity in comparison with the earlier interval. This means decreased market participation and presumably waning curiosity or indecisiveness amongst merchants at present worth ranges. Quantity bars point out risky buying and selling exercise with notable spikes throughout important worth declines and rebounds. The latest decline in quantity might point out a consolidation part.
The value chart of BinaryX (BNX) is primarily exhibiting a bearish development with a descending resistance trendline pushing the worth decrease. The present part is one among consolidation, with declining buying and selling volumes and volatility indicating merchants have gotten much less decisive.
BNX must carry out a bullish reversal above the downtrend line and maintain increased on rising volumes. Key resistance ranges to observe embody the $1.40 and $1.50 ranges. Conversely, failure to carry the $1.20 assist degree might result in additional downward strain.
BinaryX (BNX) Worth Prediction: Williams Alligator
different indicators, we see that the worth is buying and selling shut to those shifting averages, indicating that we could also be in a interval of consolidation. The convergence of those shifting averages signifies that the market is indecisive and merchants are ready for a transparent path. Buying and selling quantity signifies average buying and selling exercise. The newest candlestick reveals decrease buying and selling quantity than the spikes noticed in the course of the sharp worth motion, indicating that we could also be in a interval of consolidation.
The Alligator Strains are intertwined, suggesting a scarcity of a robust development and attainable sideways motion. When the traces diverge, it signifies the start of a development, however now the traces are closing in, reinforcing the consolidation state of affairs.
In the meantime, the worth and quantity information reveals that the Cash Movement Index (MFI) is 55.78. MFI values above 50 usually point out shopping for strain whereas values under 50 point out promoting strain. The MFI worth of 55.78 is simply above 50, indicating weak shopping for curiosity.
BinaryX (BNX) Worth Prediction: Bollinger Bands
Worth is buying and selling close to the center band, indicating a impartial place throughout the Bollinger Bands. The contraction of the bands suggests a interval of low volatility and could also be a precursor to bigger worth actions. Quantity is average with no main spikes indicating robust shopping for or promoting strain. Constant quantity suggests secure buying and selling exercise with out main market fluctuations.
In the meantime, the Cash Movement Index (MFI), which takes into consideration each worth and quantity information, is at 55.81, indicating weak shopping for strain. MFI values above 50 often point out that purchasing curiosity is barely stronger than promoting curiosity. The chart reveals robust assist close to the $1.20 mark, the place the worth beforehand gained shopping for curiosity and rebounded.
BinaryX (BNX) Worth Prediction 2024
Assuming present market traits proceed, BNX might attain a low of $0.90 and a excessive of $2.50 by the top of 2024. Elements reminiscent of technological developments, partnerships, and broader market adoption will play a key function in figuring out the worth trajectory.
BinaryX (BNX) Worth Prediction 2025
After the Bitcoin halving in 2024, the worth of BNX could fluctuate considerably between $1.50 and $4.00. Halving occasions typically result in market corrections and renewed curiosity in cryptocurrencies, which may gain advantage BNX.
BinaryX (BNX) Worth Prediction 2026
In 2026, because the market stabilizes after the halving and tasks proceed to develop their ecosystems and purchase new customers, the worth of BNX could fluctuate between $2.00 and $5.00.
BinaryX (BNX) Worth Prediction 2027
With rising expectations of Bitcoin’s halving in 2028, BNX might expertise a bullish surge, with the worth prone to rise to a excessive of $6.50 earlier than falling to a low of $3.00.
BinaryX (BNX) Worth Prediction 2028
Optimism relating to the Bitcoin halving in 2028 and rising adoption of blockchain know-how might drive the worth of BNX to a excessive of $8.00 and a low of $4.50.
BinaryX (BNX) Worth Prediction 2029
By 2029, the worth of BinaryX could possibly be as excessive as $10.00 and as little as $6.00, relying on technological developments and robust neighborhood assist.
BinaryX (BNX) Worth Prediction 2030
As blockchain know-how turns into extra mainstream, BNX might expertise important progress and attain a excessive of $12.00 and a low of $8.00. Continued growth and strategic partnerships can be key drivers of this progress.
BinaryX (BNX) reveals promising potential within the coming years, with numerous elements influencing its worth fluctuations. Buyers ought to monitor market traits and mission developments as a way to make knowledgeable choices.
FAQ
BinaryX is a blockchain-based mission creating gaming infrastructure and decentralized purposes. Its ecosystem contains merchandise designed to facilitate gaming and DeFi experiences, with the BNX token serving because the native foreign money for transactions and governance inside this ecosystem.
As of early August 2024, BinaryX (BNX) is buying and selling at $1.33.
BinaryX (BNX) has a market capitalization of roughly $497.43 million.
BinaryX (BNX) in circulation is 373.4 million BNX out of a complete provide of 561.49 million BNX.
BinaryX (BNX) has a 24-hour buying and selling quantity of $14.08 million.
BinaryX (BNX) has elevated by 14.35% over the previous month regardless of a 65.85% lower in buying and selling quantity.
The resistance ranges at $1.40 and $1.50 must be monitored, whereas the important thing assist degree is at $1.20.
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