BinaryX (BNX), a serious participant within the cryptocurrency market, has caught the eye of buyers with its latest efficiency. Recognized for its sturdy ecosystem and progressive strategy, BinaryX continues to draw curiosity regardless of market fluctuations.
As of early August 2024, BinaryX (BNX) is buying and selling at $1.33, reflecting a 14.35% enhance over the previous month. The token's market cap is roughly $497.43 million with a 24-hour buying and selling quantity of $14.08 million. Regardless of the drop in buying and selling quantity, the token maintains a circulating provide of 373.40 million BNX out of a complete provide of 561.49 million BNX and a totally diluted market cap of $772.65 million.
BinaryX (BNX) is buying and selling at $1.33, rating it #105 on CoinMarketCap by market cap. With 373,401,346 BNX cash in circulation, its market cap is $497,425,392.
BinaryX (BNX) Actual Time Market Standing
| 🪙 Identify | BinaryX (outdated) |
| 💱 Image | BNX |
| 🏅 Rank | #3168 |
| 💲 Worth | $128.81094298817 |
| 📊 Worth change (1h) | -0.12% |
| 📊 Worth change (24h) | -6.64% |
| 📊 Worth change (7d) | -11.19% |
| 💵 Market capitalization | $0 |
| 💸 Circulating provide | 0 BNX |
| 💰 Whole supply | 6214825,3185245 BNX |
BinaryX (outdated) (BNX) is at present buying and selling at $128.81094298817 and sits by the quantity #3168 on CoinMarketCap by way of market capitalization. They exist 0 BNX of cash at present in circulation, bringing the entire market cap to $0.
Within the final 24 hours, BinaryX (outdated) has decreased by 6.64%. Taking a look at final week, the coin is down 11.19%.
What’s BinaryX (BNX)?
BinaryX is a serious blockchain-based challenge that focuses on the event of gaming infrastructure and decentralized purposes. Its ecosystem features a vary of merchandise designed to facilitate gaming and DeFi (decentralized finance). The BNX token is the native forex on this ecosystem and allows transactions and administration.
BinaryX (BNX) Present Market Standing
Just lately, BinaryX has seen some notable value actions, with the worth of the token fluctuating considerably over the previous month. Regardless of a 65.85% drop in buying and selling quantity, general market sentiment round BNX stays bullish on account of its stable fundamentals and continued growth.
BinaryX (BNX) Worth Prediction 2024-2030 Overview
| Yr | Low Potential ($) | Excessive Potential ($) |
| 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) 2024 Worth Prediction/Evaluation
Because the BNX market reveals indicators of restoration, buyers are carefully watching value developments to see if the present bullish momentum will be sustained. Given the latest enhance in value, the token might see continued curiosity from merchants on the lookout for development alternatives within the cryptocurrency area.
BinaryX (BNX) Worth Prediction: Will BNX Break the Present Development Line?
The 4-hour chart reveals a transparent downtrend line (highlighted in blue) that has acted as a major resistance stage since mid-July. This trendline persistently rejects upward value actions, resulting in a sequence of decrease highs and decrease lows. Alternatively, the quantity oscillator reveals a price of -24.40%, indicating a lower in buying and selling quantity in comparison with earlier intervals. This implies a decline in market participation and potential waning curiosity or indecision amongst merchants at present value ranges. The quantity bars present fluctuating buying and selling exercise with vital spikes throughout main declines and value rallies. The latest decline in quantity might point out a consolidation section.
The worth chart of BinaryX (BNX) is revealing a predominantly bearish pattern, with a descending trendline resistance main the worth motion decrease. The present section is one in all consolidation with diminished quantity and oscillations, indicating indecision amongst merchants.
BNX wants to interrupt above the descending pattern line for a possible bullish reversal and maintain larger costs with elevated quantity. Key resistance ranges to observe embody the $1.40 and $1.50 marks. Conversely, failure to carry the $1.20 help stage might result in additional downward strain.
BinaryX (BNX) Worth Prediction: Williams Alligator
Taking a look at different indicators, we see that the worth is buying and selling shut to those shifting averages, indicating a interval of consolidation. The convergence of those shifting averages signifies indecision available in the market as merchants look forward to a transparent path. Quantity reveals a reasonable stage of buying and selling exercise. The latest candles present decrease quantity than the peaks seen through the sharp value strikes, indicating a possible consolidation section.
Alligator traces are intertwined, indicating an absence of a robust pattern and potential sideways motion. When the traces diverge, it signifies the start of a pattern, however at present the traces are shut to one another, which reinforces the consolidation situation.
Alternatively, we see that the Cash Move Index (MFI) is at 55.78 utilizing value and quantity knowledge. An MFI studying above 50 normally signifies shopping for strain, whereas a studying beneath 50 signifies promoting strain. The MFI is at 55.78, barely above 50, indicating reasonable shopping for curiosity.
BinaryX (BNX) Worth Prediction: Bollinger Band
The worth is buying and selling close to the center band, indicating a impartial place throughout the Bollinger band. A contraction of the bands signifies a interval of low volatility that would precede vital value motion. Quantity is reasonable, no vital swings indicating sturdy shopping for or promoting strain. Constant quantity signifies regular buying and selling exercise with out vital market actions.
Alternatively, the Cash Move Index (MFI), which takes into consideration each value and quantity knowledge, is at 55.81, indicating reasonable shopping for strain. An MFI worth above 50 normally alerts that purchasing curiosity is barely stronger than promoting curiosity. The chart reveals sturdy help across the $1.20 stage, the place the worth has beforehand seen shopping for curiosity and rebounded.
BinaryX (BNX) Worth Prediction 2024
Assuming present market developments proceed, BNX might attain a possible low of $0.90 and excessive of $2.50 by the top of 2024. Components comparable to technological developments, partnerships and wider market adoption will play a vital function in figuring out its value trajectory.
BinaryX (BNX) Worth Prediction 2025
Following the Bitcoin halving in 2024, the BNX value might see elevated volatility starting from $1.50 to $4.00. A halving occasion typically results in market corrections and renewed curiosity in cryptocurrencies, which might profit BNX.
BinaryX (BNX) Worth Prediction 2026
In 2026, BNX may even see value fluctuations between $2.00 and $5.00 because the market stabilizes after the halving and the challenge continues to develop its ecosystem and entice new customers.
BinaryX (BNX) Worth Prediction 2027
With rising expectations of one other Bitcoin halving in 2028, BNX might expertise a bullish run. Costs might attain as excessive as $6.50 and drop to a low of $3.00.
BinaryX (BNX) Worth Prediction 2028
Optimism round Bitcoin's halving in 2028 and elevated adoption of blockchain know-how might push the worth of BNX to a excessive of $8.00 with a possible low of $4.50.
BinaryX (BNX) Worth Prediction 2029
By 2029, BinaryX might see its value peak at $10.00, with a low of $6.00, pushed by technological developments and powerful group help.
BinaryX (BNX) Worth Prediction 2030
As blockchain know-how turns into an increasing number of mainstream, BNX might see vital development, reaching a excessive of $12.00 and a low of $8.00. Continued growth and strategic partnerships will likely be decisive drivers of this development.
BinaryX (BNX) reveals promising potential for the approaching years, with numerous components influencing its value actions. Buyers ought to monitor market developments and challenge developments to make knowledgeable choices.
Incessantly requested questions
BinaryX is a blockchain-based challenge that develops gaming infrastructure and decentralized purposes. Its ecosystem consists of merchandise designed to facilitate gaming and DeFi experiences, and the BNX token serves because the native forex for transactions and administration inside this ecosystem.
As of early August 2024, BinaryX (BNX) is buying and selling at $1.33.
The market cap of BinaryX (BNX) is roughly $497.43 million.
Circulating BinaryX (BNX) is 373.40 million BNX out of a complete provide of 561.49 million BNX.
BinaryX (BNX)'s 24-hour buying and selling quantity is $14.08 million.
BinaryX (BNX) has seen a 14.35% achieve over the previous month regardless of a 65.85% drop in buying and selling quantity.
The $1.40 and $1.50 resistance ranges needs to be monitored, whereas the essential help stage is $1.20.
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