MBOX, Which Gained Upward Momentum With the News of Binance, Continues Its Upward Price Movements!


DeFi yield farming and gaming NFTMBOX, the GameFi project that combines the two, has experienced a high-rate value increase along with the upward price movements it has recorded over the past 24 hours.

The Binance News Has Given MBOX an Upward Momentum

The largest in the world in terms of transaction volume cryptocurrency with the announcement of the news that Binance Labs, the investment arm of the exchange Binance, has made a strategic investment in the MOBOX project, MBOX has risen. MBOX, which has been performing at a high price recently, gained an upward momentum after the official announcement shared by Binance on its Twitter account and started trading at the price levels of $8.22.

MBOX Is On the Rise Despite the Downward Trend in the Market

Bitcoin, which has recorded high volatility price movements in recent months, began to perform downward price movements after the ATH levels it reached. The leading cryptocurrency Bitcoin, it continued to record depreciation, first breaking the support level in the $63,000 price band, and then the support level in the $60,000 region. Which has been performing downward price movements for almost a week BTC, it declined to $55,000 price levels, albeit briefly, during the day. In parallel with the decline in Bitcoin, most crypto assets on the market also recorded high rates of downward price movements.

Despite the general downward trend in the market MBOX, it also recorded value increases in its weekly time period. Although MBOX recorded high volatility price movements during the week, it soon exceeded the $8 price levels with its value increases and experienced a value increase of almost twice.

The information contained in this article absolutely does not contain investment advice. Investors should know that crypto currencies have high volatility, so they carry risks, and they should conduct their transactions in accordance with their own research.

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