Swappin’ Burgers on Binance Smart Chain ;( BURGERUSDT analysis)
The first democratized DeFi platform on Binance Smart Chain
❇️ COINMARKETCAP's DATA :
Rank #285 kind: Token- On 16,435 watchlists - Market Cap :$204,599,935
Fully Diluted Market Cap: $355,784,055
Volume24h: $ 73,188,411
Volume / Market Cap : 0.4222
Circulating Supply :12,076,422.66 BURGER
Max Supply:21,000,000
otal Supply: 12,451,423
What Is 🌟Burger Swap (BURGER)🌟?
Launched in September 2020, Burger Swap is one of the first democratized, decentralized automated market makers (AMMs) on the Binance Smart Chain (BSC). It was built without the control of any centralized authorities through the use of smart contracts.
Burger Swap is based on the DEMAX decentralized Binance platform; it enables a swapping mechanism with democratic procedures that allows the community to change system parameters through transparent voting.
BURGER token staking allows any user to create proposals and influence the adjustment of transaction fees, block rewards and other system parameters of the Burger Swap exchange via voting.
The Burger Swap decentralized governance system was designed to prevent control by any centralized entity. Users are rewarded with BURGER tokens for creating liquidity, staking and voting within the governance system.
❇️Who Are the Founders of Burger Swap?
Burger Swap is an implementation of ERC-2917 founded by Tony Carson and Drs. Mehmet Sabir and Suleyman Kardas. Its main aim is to improve on Uniswap through altering the incentive and governance models.
coinmarketcap -burgerswap.org
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✅TECHNICAL ANALYSIS
As you can see in the daily time frame chart for burger/USDT, the price is trading around 17$ .
We haven't enough data on chart to analyze pair of burger/usdt completely , but there is a correlation between burger and other food token such as cake ,bake and sushi which I have already analyzed ,so it means if their price grow subsequently ,it'll happen as a same growth for burger probably .so by considering a wise stopl-loss you can enter in a long position .
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(Anyway, my constant suggestion to my dear community is to buy step by step ( in a few steps) , With considering risk management , Because this crazy market is very volatile than you have never seen in other markets .)
also Following security measures is vital in cryptocurrency trading. Always remember that $100 worth of a token may become a fortune someday. So treat every penny with respect.
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👉This analysis is my personal opinion and you are responsible for your own trades or invests.
❤️with Best Regards and successful trades
👍 PLZ support me and hit that damn like button and comment
❇️ COINMARKETCAP's DATA :
Rank #285 kind: Token- On 16,435 watchlists - Market Cap :$204,599,935
Fully Diluted Market Cap: $355,784,055
Volume24h: $ 73,188,411
Volume / Market Cap : 0.4222
Circulating Supply :12,076,422.66 BURGER
Max Supply:21,000,000
otal Supply: 12,451,423
What Is 🌟Burger Swap (BURGER)🌟?
Launched in September 2020, Burger Swap is one of the first democratized, decentralized automated market makers (AMMs) on the Binance Smart Chain (BSC). It was built without the control of any centralized authorities through the use of smart contracts.
Burger Swap is based on the DEMAX decentralized Binance platform; it enables a swapping mechanism with democratic procedures that allows the community to change system parameters through transparent voting.
BURGER token staking allows any user to create proposals and influence the adjustment of transaction fees, block rewards and other system parameters of the Burger Swap exchange via voting.
The Burger Swap decentralized governance system was designed to prevent control by any centralized entity. Users are rewarded with BURGER tokens for creating liquidity, staking and voting within the governance system.
❇️Who Are the Founders of Burger Swap?
Burger Swap is an implementation of ERC-2917 founded by Tony Carson and Drs. Mehmet Sabir and Suleyman Kardas. Its main aim is to improve on Uniswap through altering the incentive and governance models.
coinmarketcap -burgerswap.org
------------------------------------------------------------------------------------------------------------------
✅TECHNICAL ANALYSIS
As you can see in the daily time frame chart for burger/USDT, the price is trading around 17$ .
We haven't enough data on chart to analyze pair of burger/usdt completely , but there is a correlation between burger and other food token such as cake ,bake and sushi which I have already analyzed ,so it means if their price grow subsequently ,it'll happen as a same growth for burger probably .so by considering a wise stopl-loss you can enter in a long position .
--------------------------------------------------------------------------------------------------------------------
(Anyway, my constant suggestion to my dear community is to buy step by step ( in a few steps) , With considering risk management , Because this crazy market is very volatile than you have never seen in other markets .)
also Following security measures is vital in cryptocurrency trading. Always remember that $100 worth of a token may become a fortune someday. So treat every penny with respect.
--------------------------------------------------------------------------------------------------------------------
👉This analysis is my personal opinion and you are responsible for your own trades or invests.
❤️with Best Regards and successful trades
👍 PLZ support me and hit that damn like button and comment
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