- BEERS Token accumulates between $0.0001635-$0.0004588 and coils up for an enormous momentum-backed move.
- MOONBEERS lists on CoinGecko and hopes to increase the trading volume.
- The token has a market cap of $743,511 despite the freshness of it.
What is MOONBEERS Token?
Moonbeers token is the world’s first beer-based cryptocurrency. As moonbeers take off, Its mission is to bring coin holders and partner breweries along for the ride.
Since the start of the pandemic, Craft Breweries worldwide have been impacted and struggling to keep their business going. Moonbeers aims to help this industry and has an opportunity to give right back to the beer community. They aspire to do it by capitalizing on the expanding crypto sector, unlocking the opportunity to a modern time of digitally traded beer currency.
What is the projected trajectory of MOONBEERS Token to the MOON?
5% of every MoonBeers transaction will be donated to breweries and marketing, supporting those COVID-19 has affected. MOONBEERS token also plans on promoting onboarded breweries on their social channel to increase their sales and help them come out of this pandemic stronger. More importantly, they’ll be rewarding holders with 3% of every transaction allocated to their wallets to build their beer money fund.
Also, with the popular smart contract set up, BEERS Token will be settled with breweries that are onboarded.
Lastly, 2% pumped into the liquidity pool, which will ultimately be utilized as a transaction fee to settle BEERS Token into FIAT for breweries who choose to adopt the inevitable revolution.
Is BEERS TOKEN The Next Best Investment?
As per BSCscan, 64.65% of tokens are in dead wallets, which used to provide liquidity before. The present volume crunch might be because of the dead wallet storage. It gives an anti rug pull safe for investors looking for a perfect entry opportunity into the next big thing.
BEERS Token trades close to the 20 EMA and the 50 EMA while it accumulates within a range. The token has freshly entered the trading arena, hindering the technical indicators from giving a long-term signal. However, in a fundamental way of talking, the coin price recently dipped to the level of $0.0001635, resulting in the present buy the dip moment.
The RSI indicates Bullish sentiment as the line is spiked and continues to head towards the overbought zone. Investors might find an entry opportunity on the breakout of the accumulation zone as per the technical analysis. At the same time, the young age of the token provides an excellent entry opportunity for those who entrust the future of BEER Token. In the long run, investors might see the token hitting the $1 mark.
The token has recently been listed on CoinGecko and brings the possibility of increased trading volume. However, there is barely any increase in the value since the listing. Investors might see a boost soon as MOON BEER is trending within communities.
Consolidation- MOONBEERS is a unique and philanthropist use of blockchain. The project plans on helping the global breweries community and might bring all types of investors. The long-term investors who believe in the cause of the BEERS token might see the coin hitting the $1 mark.
Support – $0.0001635
Resistance – $0.0007087 & 0.0011000