Merit Circle

Beam

<ul>
 <li>Upbit’s listing of BEAM on its platform has led to a 39.68% rally to $0.03611.</li>
 <li>If the current trend persists, BEAM could surge further to $0.038535.</li>
</ul>
South Korea’s premier cryptocurrency exchange, Upbit, recently added Beam (BEAM) to its trading list, leading to a surge in trading volumes and investor interest. The announcement has significantly boosted BEAM’s visibility and accessibility, propelling a sharp demand increase. This heightened interest drove <a href="https://thenewscrypto.com/beam-price-prediction-2/" target="_blank" rel="noopener noreferrer nofollow">BEAM’s price</a> up by over 39.68% in a few minutes, jumping from $0.02589 to $0.03611.
At the time of writing, BEAM is trading at $0.3341, marking a 21.65% increase with a market cap of $1.60 billion. Over the past week, BEAM’s price has climbed around 37%.&nbsp;
Trading for BEAM on <a href="https://x.com/Official_Upbit/status/1796434473850110322" target="_blank" rel="noopener noreferrer nofollow">Upbit commenced</a> at 18:00–19:00 KST on May 31. The open interest in BEAM has surged by over 40%, with a valuation of $30 million, and the Relative Strength Index (RSI) stands at 58, indicating a strong bullish trend.
<h3 class="wp-block-heading" id="h-will-beam-continue-its-rally">Will BEAM Continue its Rally?</h3>
BEAM, the leading GameFi cryptocurrency, launched in October 2023 and reached an <a href="https://thenewscrypto.com/gamefi-token-beam-surges-to-all-time-high/" target="_blank" rel="noopener noreferrer nofollow">all-time high</a> of $0.04434 in March 2024. Since then, the cryptocurrency has struggled to break the key resistance of $0.035 and has traded between $0.021 and $0.032.
<div class="wp-block-image">
 <figure class="aligncenter size-large"><img decoding="async" width="1024" height="516" src="https://thenewscrypto.com/wp-content/uploads/2024/05/image-174-1024x516.png" alt="" class="wp-image-99542" srcset="https://thenewscrypto.com/wp-content/uploads/2024/05/image-174-1024x516.png 1024w, https://thenewscrypto.com/wp-content/uploads/2024/05/image-174-300x151.png 300w, https://thenewscrypto.com/wp-content/uploads/2024/05/image-174-768x387.png 768w, https://thenewscrypto.com/wp-content/uploads/2024/05/image-174.png 1301w" sizes="(max-width: 1024px) 100vw, 1024px">
 <figcaption class="wp-element-caption">Beam (BEAM) Price Chart (Source: <a href="https://in.tradingview.com/symbols/JASMYUSDT/?exchange=BINANCE" target="_blank" rel="noopener noreferrer nofollow">TradingView</a>)
 </figcaption>
 </figure>
</div>
If the current trend persists, BEAM could trigger a 5% price increase to $0.0367, followed by a further rally to $0.038535, bringing it closer to its all-time high of $0.04434.&nbsp;
However, BEAM is still down by 24% from its all-time high. Conversely, if BEAM fails to maintain its position above $0.03056, it could face a decline to $0.02589, potentially triggering a further drop to $0.02156.
The BEAM token is integral to the Beam network, a pioneering gaming ecosystem powered by the Merit Circle DAO. This platform is designed to create a collaborative space for gamers and developers.&nbsp;

Upbit Listing Propels BEAM Price 40% Higher, Eyes All-Time High

Inhaltsverzeichnis

TheNewsCrypto

Weitere Artikel, die am 31. Mai 2024 veröffentlicht wurden

Ethereum-Based Memecoins Soar To ATH Amid ETF Excitement; Rebel Satoshi ($RECQ) Sets The Market O...

Michael Saylor’s Bitcoin Prophecy: The ‘Freedom Virus’ for a New Financial System

CryptoQuant CEO: "The Whales That Started the 2020 Bull in Bitcoin Are Moving Again!" Will Histor...

MoonBag Emerges the Top Meme Coin Presale in 2024 as Binance Coin and Ripple Battle Volatility

Is Solana Heading Back into the Decessive Range: Will it Rebound Back to $170 or Slip Down to $150?

Bitcoin Echoes 2020 With High On-Chain Activity, $1B Added Daily To New Whale Wallets

Abonniere unseren kostenlosen Newsletter und erhalte tägliche Krypto-Updates!