Another list failed in the Binance menu, the price of the distinctive symbol Bundex 91 % collapses
Within minutes of Bondex Taken’s launch, the charts provided a full bloodbath, which led to a decrease in the price of BDXN by more than 91 %. More importantly, this incident occurred in the end of the Binance menu, which is often a bullish work of the distinctive symbol. What is wrong? Let’s discuss.
Bundex, the distinctive symbol, collapse minutes after the Binance menu
Binance, The Popular Crypto Exchange, among the first to launch the BDXN code, at a list of a list of $ 0.9219. However, the price of the distinctive symbol Bundex was destroyed immediately after that, as it lost more than 91 % of its value. However, it is currently being traded at $ 0.07767 with $ 12.42 million in a market.
Moreover, trading volume is 21.86 million dollars, an increase of 6000 %, but sellers in the majority after Airdrop Bondex Token. According to the official BDXN menu advertisement, Binance users with 212 points can claim Airdrop 900 icons.
Similar to most Trending air encoded, it feeds the seller’s activity, which led to low prices.
The collapse of the distinctive symbol price Bundex is the result of the nature of the classic era
According to the Crypto Gem Hunter analyst, most of the distinctive codes of the Binance menu fail in the market. In the X Publication, he claimed that most projects fail or disrupt approximately 99 % with the list of this stock exchange, including symbols like ACT, Dexe, Kava and many more.
Now, BDXN’s distinctive code breaks the latest addition to this hypothesis, as it decreased by 91 % with the menu. Although this may explain the accident, this is just speculation that depends on common events.
Experts believe that most of the distinctive symbols that win the confession of Top Crypto Exchangs require a significant rise among investors. As a result, their prices pumps; However, to take advantage of this pump, investors began to sell early, which achieved opposite results.
Moreover, there is also great disappointment with Airdrop Bondex Token. Investors began describing them as fraud due to civil issues and allocation, which led to the increase and destruction of the sale.
Related questions (common questions)
The accident was mainly due to a collective sale after the Binance menu and Airdrop distribution.
Many users are disappointed by eligibility and customization problems during the Airdrop, which leads to increasing accusations of fraud.
At the time of the press, it is traded at $ 0.07767 after the collapse of 91 %, with trading volume increases by 6000 %, exposing the seller’s activity.
Bouja Khargia
With a deep -rooted passion for reading and five years experience in writing the content, POOJA is now focusing on formulating content direction around the cryptocurrency market. As a dedicated encryption journalist, Poja is constantly looking for topics and media statistics to create convincing pieces for encryption lovers. Staying in view of the latest trends and progress in this field is an integral part of its daily routine, which provides a commitment to provide time in time and insight.
Responsibility: Is market research before investing in encrypted currencies? The author or post does not bear any responsibility for your personal financial loss.
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