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<p>Most of<a href="https://captainaltcoin.com/best-altcoins/" rel="noopener noreferrer nofollow"> top altcoins’ </a>charts look pretty similar – yearly highs in March to May and then downtrend since then.</p><p>However, the BNX price is acting differently. BinaryX’s token pumped over 20% last week making it a top gainer and now trading around $1.5.</p><p>Analyzing the BNX/USDT chart reveals that the price has actually been in an uptrend since March, when BNX was trading at around $0.3. That represents a 5x gain over the past 6 months, bringing BinaryX’s market cap to over $500 million.</p><p>The 200-day moving average currently sits at $0.99, providing strong support. RSI on the daily chart is at 57, indicating more room for growth before entering overbought territory above 70.</p><figure class="wp-block-image aligncenter size-large is-resized"><img width="1024" height="459" src="https://captainaltcoin.com/wp-content/uploads/2024/09/BNXUSDT_2024-09-09_14-32-17-1024x459.png" alt="" class="wp-image-552704"><figcaption class="wp-element-caption"><strong>Source: <a href="https://captainaltcoin.com/go/tradingview-3/" rel="noopener noreferrer nofollow">TradingView</a></strong></figcaption></figure><p>The chart also shows $1.7 acting as a stiff resistance level, with the price rejecting there twice in August. Breaking above $1.7 could see the next logical price target at $2.</p><p><em><strong>Read also: <a href="https://captainaltcoin.com/shiba-inu-mirrors-dogecoin-patterns-signal-explosive-shib-meme-coin-price-rally/" rel="noopener noreferrer nofollow">Shiba Inu Mirrors Dogecoin: Patterns Signal Explosive SHIB Meme Coin Price Rally</a></strong></em></p><h2 class="wp-block-heading" id="what-is-binaryx">What is BinaryX?</h2><p>BinaryX started as a decentralized derivatives trading platform but has since evolved into a robust GameFi ecosystem. The project’s core focus is on incubating and empowering blockchain gaming projects through various means of support.</p><p>A key goal of BinaryX is to provide necessary infrastructure and development aid to<a href="https://www.kucoin.com/learn/web3/top-gaming-gamefi-coins-to-watch" rel="noopener noreferrer nofollow"> emerging GameFi </a>creators. Their platform aims to remove barriers to entry for developers seeking to integrate blockchain and cryptocurrency aspects. By offering operational resources, BinaryX looks to accelerate the growth of the entire GameFi industry.</p><div class="wp-block-rehub-colortitlebox rh-colortitlebox"><div class="rh-colortitle-inbox"><i class="rhicon rhi-bolt-regular rh-colortitlebox-icon"></i><div class="rh-colortitle-inbox-label"> Celebrate Dogecoin and Make Big Gains with Doge2014! </div></div><div class="rh-colortitlebox-text"><div class="wp-block-rehub-contenttoggler rh-contenttoggler"><div class="rh-toggler-wrapper"><p><strong><a href="https://doge2014.io" rel="noopener noreferrer nofollow">Doge2014</a></strong> raises 300K in days celebrating Dogecoin. Make potentially big profits and get in on <strong><a href="https://doge2014.io/en/airdrop" rel="noopener noreferrer nofollow">exclusive airdrop</a></strong>!</p><span class="rh-tgl-trigger"><span class="rh-tgl-show">Show more +</span><span class="rh-tgl-hide">Show less –</span></span><span class="rh-tgl-grad"></span></div></div></div></div><p>In addition, BinaryX seeks to bridge the gap between traditional game designers and the burgeoning world of Web3 gaming. Their tools and expertise help lower the learning curve for traditional game companies entering the crypto space. In doing so, BinaryX hopes to facilitate more collaborations that blend mainstream game mechanics with decentralized finance.</p><p>To discover and launch promising new titles, BinaryX developed their Initial Game Offering platform. This IGO launchpad provides funding and promotional support to help games reach their fullest potential. It allows new projects to tap into the BinaryX community while giving users early access to playable alpha and beta versions.</p><p><em><strong>Captain just hit his first 100x among a lot 2-5xs. Want to be a part of a profitable community?<br>Get all our future calls by joining our <a href="https://t.me/captainaltcoincom" rel="noopener noreferrer nofollow">FREE Telegram group.</a></strong></em></p><div class="bigofferblock margincenter mb30 pt20 pl20 pr20 "><div class="col_wrap_two mb0"><div class="offerbox_big_wrap flowhidden"><div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"><a class="re_track_btn" href="https://captainaltcoin.com/go/etoro/" rel="noopener noreferrer nofollow"><img class="lazyload" width="500" alt="We recommend eToro" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"></a></div><div class="product-summary col_item mobileblockdisplay"><h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-etoro-rel-noopener-noreferrer-nofollow-span-we-recommend-etoro-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/etoro/" rel="noopener noreferrer nofollow"><span>We recommend eToro</span></a></h3><div class="rev_disclaimer font70 greencolor lineheight15 mb20"><strong>Don’t invest unless you’re prepared to lose all the money you invest. 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Why Is the BinaryX (BNX) Price Pumping?

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