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Bancor (BNT) has recently faced a notable decline in its price, slipping by 7% in the past 24 hours to a current value of $0. 5829. Despite this short-term downturn, the token remains resilient, demonstrating a remarkable 56.
In the midst of a relatively stagnant weekend for the cryptocurrency market, Bancor (BNT) has emerged as a standout performer, with its price surging by more than 50%. This remarkable price rally can be attributed to significant developments within the Bancor ecosystem and notable crypto whale accumulation.
The platform allows users to create a single concentrated liquidity position that buys and sells in specific price ranges.
21-е квартальное уничтожение 2 065 152 BNB стало одним из самых больших сожжений токенов Binance в истории с точки зрения фиатной стоимости.
Bancor, a decentralized AMM and exchange, has temporarily paused its impermanent loss protection feature to protect the protocol and its users from “manipulative behavior. ” In an announcement published on June 19th, Bancor said that it was confident the measures will secure the protocol while it works on introducing better protections.
The cryptocurrency market performed excellently over the past 24 hours as major coins and… The post BNT is up by 2% today despite Bancor pausing IL protection appeared first on CoinJournal.