Token

Satoshi

Arbitrum

Beta Finance

Coin

<p>How are you handling this crypto crash? Not well probably, but it’s all part of the bull market process. And even on days like this, some coins are pumping out there, for example, BETA. This altcoin pumped over 20% today in what otherwise is a “bloodbath” for crypto prices.</p>
<p>While searching for the possible reasons for the positive sentiment within the Beta Finance community, we found some possible answers:</p>
<ol>
 <li><strong>Descending Channel Breakout and Retest Have Been Confirmed&nbsp;</strong></li>
</ol>
<p>The price of BETA broke out of a descending channel formation seven (7) days ago. Since then, it has traded sideways before finally going for a retest. The price has now retested successfully and bounced off the descending trendline; making the former resistance a support.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="484" src="https://captainaltcoin.com/wp-content/uploads/2024/07/image-126-1024x484.png" alt="" class="wp-image-520446" srcset="https://captainaltcoin.com/wp-content/uploads/2024/07/image-126-1024x484.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-126-300x142.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-126-768x363.png 768w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-126-1536x726.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-126-2048x968.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-126-317x150.png 317w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-126-100x47.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-126-740x350.png 740w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-126-788x372.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-126.png 1963w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0"><i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   New Meme Coin to Watch Aiming to be Next $BONK, $WIF or $MEW
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style>
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px">
    <p><strong><a href="https://mileimoneda.io/?utm_source=marketing&amp;utm_medium=inarticle&amp;utm_campaign=cap&amp;utm_id=s1" target="_blank" rel="noopener noreferrer nofollow">Milei Moneda</a></strong> is a new meme coin inspired by the political and economic views of Javier Milei, an Argentine president&nbsp;known for his libertarian and pro-Bitcoin stance. You have an opportunity with the <strong><a href="https://mileimoneda.io/?utm_source=marketing&amp;utm_medium=inarticle&amp;utm_campaign=cap&amp;utm_id=s1" target="_blank" rel="noopener noreferrer nofollow">ongoing low presale price</a></strong> to get in early!</p>
    <p><em>Sponsored</em></p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div>
 </div>
</div>
<p>This has ushered in a rush of bull pressure, and yesterday alone, BETA rose by more than 40% before retracing. Today, we expect the move to continue, except the general market sentiment affects its price. If this happens, then we might see a little delay in any major pump.</p>
<p>If the price of Beta Finance keeps going up, it might reach $0.139. This would be more than a 60% increase from the current price.</p>
<p><strong> 2. Decentralized Autonomous Organization (DAO) Vote by BETA Token Holders</strong></p>
<p>There’s an ongoing DAO vote about the plan to add wrapped bitcoin (WBTC) to Arbitrum. Beta Finance posted about the vote yesterday, asking Beta token holders to participate.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">New DAO vote now live: [Omni] Listing WBTC on Arbitrum<br><br><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f5f3.png" alt="🗳" class="wp-smiley" style="height: 1em; max-height: 1em;"> Vote here: <a href="https://t.co/98R1C3jZXr" target="_blank" rel="noopener noreferrer nofollow">https://t.co/98R1C3jZXr</a><br><br>BETA holders and delegates, your voting power can enact these changes if you support the proposal.<br><br>If the vote passes, the following change will be implemented within the Omni… <a href="https://t.co/Q3iXOqiowW" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/Q3iXOqiowW</a></p>— Beta Finance | v2: OMNI (@beta_finance) <a href="https://twitter.com/beta_finance/status/1808482193293131845?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">July 3, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<p><strong><em>Read Also: <a href="https://captainaltcoin.com/best-meme-coins-to-buy-as-crypto-prices-dip-mog-pepe-wif-and-brett/" target="_blank" rel="noopener noreferrer nofollow">Best Meme Coins to Buy as Crypto Prices Dip – MOG, PEPE, WIF, and BRETT</a></em></strong></p>
<p>If the vote gets approved by the DAO members, WBTC will be supported to make Arbitrum deposits within the Omni Protocol.&nbsp;</p>
<p>BETA holders are the main voters here, and the increased efficiency within the network can increase the demand for the token, making the price go up.</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" target="_blank" rel="noopener noreferrer nofollow">FREE Telegram group.</a></strong></em></p>
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style="">
 <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/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/REBEL-SATOSHI-RECQ-MEME-COIN-qndahijqjwle5mml7gg8my30uqig0eo11vxmtat25a.png" width="500" alt="Check $RECQ Meme Coin" 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-ll_bottom-target-_blank-rel-noopener-noreferrer-nofollow-span-check-recq-meme-coin-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <span>Check $RECQ Meme Coin</span> </a></h3>
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20">
     Sponsored: Invest Responsibly, Do Your Own Research.
    </div>
    <div class="buttons_col mb25 rh_big_btn_inline">
     <div class="priced_block clearfix">
      <div><a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> Buy RECQ Today </a>
      </div>
     </div>
    </div>
    <div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Serves as the base currency for all transactions within the Rebel Satoshi platform <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>ICO stage, offering tokens at a discounted price <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Facilitates a smooth and efficient economy within the arcade, supporting both arcade and in-game transactions. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Grants access to a diverse range of gaming experiences in the Rebel Satoshi Arcade, <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Contributes to a decentralized, community-driven RebelSatoshi platform that integrates gaming with elements of revolution, freedom, and unity, appealing to users who value such principles.
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a href="https://captainaltcoin.com/why-is-beta-finance-beta-crypto-price-pumping-2/" rel="noopener noreferrer nofollow">Why Is Beta Finance (BETA) Crypto Price Pumping?</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Why Is Beta Finance (BETA) Crypto Price Pumping?

Innholdsfortegnelse

CaptainAltcoin

Andre artikler publisert på 4. juli 2024

Dogecoin Price Prediction: Will $0.10 Become the New Floor as Markets Tumble?

Bybit and SATOS Set to Open Amsterdam Office in August

unagi and WEMIX Policy Update

South Korean Bitcoin Exchange Upbit Announced That It Will List This Altcoin!

Crypto Exchange Seeks India’s Approval As Users Hit Roadblock

Verge Focuses on User Privacy

Bli med på vårt gratis nyhetsbrev for daglige kryptooppdateringer!