↘ BeerCoin's Rollercoaster Ride: From Boom to Potential Doom and Every Froth In-Between
BeerCoin (BEER) has seen a dynamic trading phase recently. Despite sharp ups and downs, BEER stood out for its significant market capitalization...
Cryptocurrency Beercoin (BEER) has exhibited significant growth with a surge in the number of holders, achieving a $400M market cap. Within the rage of cryptos, the new memecoin has stoked attention due to its rapid rise of 30% in intraday trading. Celebrities, like Mr.Thank.You, are also jumping on board promoting BEER. The successful conclusion of its burning event bumped its price by 11%, keeping pace with other fast-growing memecoins including Brett, ButtChain, Slerf and Byte.
This Solana-based asset recently raised over $3 million as another play-to-earn Dogecoin alternative. Meanwhile, other meme coins such as PEPE, FLOKI, and BRETT are facing a downturn. CoinGecko trending reveals that BEER has seized attention from the public and crypto whale, thus resulting in a price surge of 85% within 24 hours. Ignoring the party spoiler KangaMoon (KANG), BEER's presale records have completed 30,000 SOL already this week.
Interestingly, termed as the beer money, the token pays boozers for drinking ale. The unique economic benefit has resulted in an increased traction over Bitcoin. With recent leaps of 13% and 16%, BEER has served as the new base meme coin attracting investors for its ICO, even predicted to offer upto 1000% gains.
BeerCoin News Analytics from Tue, 01 Aug 2017 07:00:00 GMT to Wed, 12 Jun 2024 19:16:00 GMT - Rating 8 - Innovation -8 - Information 5 - Rumor 5
