Beam
Beam Ventures: Transforming Abu Dhabi Into a Global Gaming HubThe Beam Foundation has announced a groundbreaking initiative—a $150 million fund to advance the GameFi industry in Abu Dhabi. This strategic move aims to position the Emirate as a global leader in gaming by fostering innovation and supporting emerging projects at the intersection of blockchain, gaming, and artificial intelligence. Here’s a deep dive into the fundamental and technical aspects of NASDAQ:BEAM , the token that powers this ecosystem.
Beam Ventures: Revolutionizing GameFi
The Beam Foundation has revealed ambitious plans to establish Beam Ventures, Abu Dhabi’s first gaming-focused venture fund and accelerator. With a $150 million fund under its wing, Beam Ventures seeks to attract top talent and cultivate a thriving ecosystem for game developers and startups specializing in Web3 gaming and AI.
Key initiatives announced include:
- BeamAI: Harnessing artificial intelligence to create smarter gaming environments.
- Beam L1: A Layer 1 solution to enhance blockchain scalability for gaming applications.
- Beam Nodes: Enabling decentralized participation in the Beam network.
These initiatives underscore Beam’s commitment to innovation and solidify Abu Dhabi’s reputation as a burgeoning hub for gaming excellence.
A Visionary Approach to Gaming
Abu Dhabi’s gaming infrastructure has grown exponentially in recent years, supported by initiatives like the esports island and high-profile gaming events. Beam Ventures aims to build on this momentum with its accelerator program, designed to empower early-stage startups through mentorship, funding, and access to cutting-edge technologies. By fostering a culture of innovation, the initiative aligns seamlessly with the Emirate’s broader vision to become a global leader in gaming and technology.
Mark Borsten, Chief Strategy Officer of Beam Ventures, encapsulated this vision: “We’re convinced that Abu Dhabi is set to be the epicenter of the world’s most exciting, pioneering tech and gaming innovation for years to come.”
Technical Outlook for NASDAQ:BEAM
Despite the bullish sentiment surrounding the crypto market, NASDAQ:BEAM has faced a minor decline, down 3.1% as of writing. The Relative Strength Index (RSI) sits at a neutral 50.83, suggesting a balanced market with potential for both upward and downward movements.
From a price action perspective:
- The coin’s resistance lies near $0.035, while immediate support can be found at $0.030.
- A potential breakout above resistance could pave the way for a rally, fueled by the increasing adoption of Beam’s ecosystem.
- However, traders should watch for consolidation, as the market digests recent developments.
What is NASDAQ:BEAM ?
NASDAQ:BEAM is the native token of the Beam network, serving as both a utility and governance asset. It enables seamless transactions within the ecosystem and empowers holders to participate in decision-making through the Beam DAO. The network’s core offering, the Beam SDK, provides developers with tools to integrate blockchain features into games effortlessly.
Key Metrics:
- Current Price: $0.03341
- 24-Hour Trading Volume: $111,224,671
- Market Cap: $1,613,151,382
Why Beam Ventures Matters
Beam Ventures’ $150 million fund is a significant step toward positioning Abu Dhabi as a global leader in gaming. By bridging blockchain, gaming, and AI, the initiative is set to attract talent, drive innovation, and create a sustainable ecosystem for GameFi projects.
This bold move aligns with Abu Dhabi’s broader strategy to foster growth in creative industries, making it an exciting time for NASDAQ:BEAM holders and the gaming community at large.
Conclusion
Beam Ventures’ initiatives mark a pivotal moment in the evolution of gaming and blockchain technology. As the fund’s impact unfolds, NASDAQ:BEAM stands at the forefront of this transformation, offering investors and developers a unique opportunity to participate in shaping the future of GameFi. For those seeking exposure to an ecosystem dedicated to innovation and growth, NASDAQ:BEAM is a token to watch closely.
BEAM Flashing a Signal—Is the Gaming Sector Ready to Surge?Weekly just fired a bullish signal on $BEAMX, and I’ve been waiting for this, especially since the meta/gaming sector has been lagging lately. There’s a valid setup, and I’m looking to enter closer to 0.017 and 0.016.
This week should provide a solid entry opportunity, with next week potentially setting up as an expansion candle or at least a higher high to add relevance to this move.
My target is 0.03 by December. It just needs to push above 0.020, and that will set the stage!
BEAM ChartHey,
The second chart I would like to share..
Is the one.. called BEAM.
BEAM is a cryptocurrency that focuses on privacy, scalability, and decentralization, leveraging the Mimblewimble protocol to provide enhanced privacy features.
Trying to fix some of the challenges of existing blockchain networks:
scalability
privacy
storage
With that said, I have some gaming exposure, this is my largest one regarding this industry.
Price is moving from the demand area, expecing some clean volatility now.
Here's my 1st target.
Kind regards,
Max
BEAM- the Top Crypto Gaming Project?BEAMUSDT – Breaking Out and Aiming for New Highs! 🚀
📈✨ BEAM is Up 7% Today - Can We Hit $0.05? 💹
BEAM is one of my top picks, and today it's up 7%, bringing us to $0.02. Having scooped up some BEAM at $0.005, we’re sitting comfortably now. If you're in this trade, make sure to take some profits to cover your initial investment.
I see a small breakout above $0.020 with my next target being $0.027. From there, I’m eyeing the orange level just under $0.050 for a larger profit-taking opportunity. With BEAM now over the $1 billion market cap, be mindful of potential whale activity as we push toward the next targets.
Volume remains modest, which is good news for now, but keep an eye on potential pullbacks to the $0.013 support level.
Let’s see if this breakout has the legs to reach our targets!
One Love,
The FXPROFESSOR 💙
BEAM is showing potentialNASDAQ:BEAM is showing strong potential.
After a period of downtrend, it has now entered a phase of sideways price action, which is likely to form a base at this level.
I have already bought in, and I believe NASDAQ:BEAM could be a game-changing coin for the gaming narrative!
Trade Setup: BEAM Long PositionMarket Context:
BEAM is currently testing the top of the range support level. A break and retest of this zone could provide a strong opportunity to enter a long trade.
Trade Setup:
Entry: Spot trade at the break and retest of the $0.0138 - $0.0140 level.
Take Profit:
First target: $0.019 - $0.021
Second target: $0.029 - $0.0318
Stop Loss: Just below $0.0135.
📊 Wait for confirmation of the break and retest before entering the trade. #BEAM #CryptoTrading #TradeSetup 🎯
BEAMUSD Bullish Cross aiming for at least 0.2200 short-term.BEAMUSD has been trading within a Channel Down pattern since the March 10 High and today is on the 3rd straight green 1D candle, following a 1D MACD Bullish Cross. That took place on the 0.015100 Support (almost January 23 Low), which makes the buy signal even stronger.
Each Bullish Leg of the Channel Down has been at least +46.88%, so we are targeting 0.02200 for our next Lower High.
If BEAM manages to close a 1D candle above the Channel Down, then we expect an aggressive bullish break-out to complete at least a +186.93% rise, similar to the one that led to the March 10 High.
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👇 👇 👇 👇 👇 👇
📈🔍 BEAM Long Trade Analysis 💼📉Trade Overview:
BEAM presents a potential long trade opportunity, characterized by higher risk. Therefore, it's advisable to allocate only a small portion of capital to this trade.
Trade Setup:
Entry: Enter the trade between $0.022 - $0.024.
Take Profit: Target $0.033 - $0.034 and next resistance area at $0.039 - $0.040.
Stop Loss: Set just below $0.0215 to manage risk.
📊🚀 Exercise caution and monitor BEAM's price movement for trade execution! #BEAMTrading #CryptoAnalysis 🌐💰
Beam $Beam #Beam Beam is a perfect example of why you look at things on multiple time frames before you just make a quick decision on if something looks good or bad from just one point of view. It has had a rather deep correction and still could go lower. However, if you really understand the project as well as the type of heavy influencers it has behind it. It should be a somewhat easy buy/DCA at these levels especially if you have no exposure yet to it. most think it is going to be 20-50x + from this level by the end of this cycle. It also is a Gaming project that could end up being one of the few that ends up with real world utility proving that it ends up if not this cycle, then maybe the next. Being immune to Bear winters in the way other projects get. Not sure what you know about gamers, but they don't operate in 4-year cycles, lol these guys play 24/7365 and often even more during holidays.
Regardless of if it goes lower or not IMO these are good entries to begin with for future gains.
As for the charting shared and my indicators you can see that it looks a lot better on the daily then it does on the weekly which clearly has a strong sell signal currently. However i feel the daily looks close to throwing up a BUY signal and it could be about ready for a decent bounce even if just temporary. Only you know what your time horizon is and if you're trying to invest in your future and or make a swing trade vs a day/short term trade.
IMO Don't sleep on BEAM
If you ever wanted to follow early to accounts that stay in the game and up with what's going on and wish you made a appearance with them prior to them being bigger followings etc. this is a great opportunity lol with me, my larger OG account I've spent the last several years and all through the bear building was killed by X and now I'm starting over from scratch.
I've purposely given you the same chart and layout but on two different time frames to help newer traders coming into this cycle see how different things can look on a daily vs a weekly time frame.
I think that this can really help speed up learning for many and to open their minds to variables.
As you see the daily can easily in this case look much more instantly bullish and give you the greater feeling of FOMO #Fomo to jump in. Whereas the weekly can give you more of a tactical view and help with your approach being so.
Hopefully some of you find this chart helpful during this stressful pullback/flush that I'm aware has really beaten down and or killed many portfolios for traders.
I've fallen off on posting/sharing my charts these last few months while I was trading ALOT myself and on multiple platforms and various ideas. However, during these more stressful times I will try and stay more active with updating what community I have.
For my birthday without cause or warning X shutdown my larger account @RareBreedOG so I'm starting over fresh with almost no followers now for the algorithm. That being said I would greatly appreciate help with you hitting the like /Follow/share buttons as much as possible if you find these charts helpful at all or even just want to help me rebuild my following after getting Fu**ed by X. For this reason, I don't plan to pay for a checkmark this time around either, but you can all help give me reason to keep sharing and not just leave to other platforms.
Everyone stay safe and trade wisely and be careful with leverage in these uncertain times.
BEAM - Ride to 0,0634 Gaming Altcoin a ‘Big Bet’ Article: dailyhodl.com
🌟 Bitcoin's Breakout Surge: Professor's Big Charts Revealed 🌟
📈 Live Analysis Incoming!
Prepare for an in-depth journey through Bitcoin's latest surge as we go live on TradingView. Get ready for a session packed with insights and the unveiling of the Professor's big chart. Join us: Live Stream: www.tradingview.com
🚀 The Breakout Chart Breakdown
Witness the bullish momentum as Bitcoin smashes past the $47,650 barrier. With my analysis, we're looking at a bull run targeting $59.9K,
69K
, and the ambitious $79K. 🎯 Stay bullish and watch as the charts unfold the story live!
💹 Historic Patterns: A Roadmap to $79K
Reflect on the last breakout at $31,100 and its staggering rise to $46,000. Our charts have been the compass leading us to these profitable winds. Don't miss out as we dissect the potential climb to $79K, live!
🔍 Last Year's Chart: The Trendline Triumph
Cast your minds back to January 2023, when Bitcoin was a humble $18,000. Fast forward, and we're witnessing a breakout reminiscent of December 2020's rally from $7,500 to $24,000. Could we be on the cusp of reaching new all-time highs? Let's explore together.
⏱️ Halving Cycles: This Time It's Different
Every cycle writes its own story, and this one's no exception. We're approaching the halving with a market more aware and ready to advance. Tune in as we analyze why we might see an all-time high sooner than the previous cycles.
🌐 Join the Live Stream for the Full Picture
There's much more to cover, from halving cycles to breakout patterns. Ensure you're part of the live session for a comprehensive analysis that could redefine your trading strategy.
Catch the full live session and secure your front-row seat to Bitcoin's exciting journey: Join the Live Stream: www.tradingview.com
One Love,
The FXPROFESSOR 💙
Beam is the next 100x coin. Time to buy.In my opinion beam is the next 100x coin. The price is still very cheap so you can buy it on the spot market. I believe we are going to hit a new all time high in 2024. Why I think it is bullish? I remember back in 2020 when everyone was talking about BEAM and JIM. Now the time has come for massive profits. We can see that the downtrend is broken by bulls and we have a strong bullish candles. This is a good sign. Let me know what you think about it, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades.
Beam, consolidation is coming to the end, buy now (151% profit)Beam Rank #69 is a very good-looking coin from a technical perspective. We had a strong pump of 500% In November 2023. Now the price is going sideways, but it is time for another pump. It's good to buy this coin right now, as it can skyrocket anytime soon. We have a strong Elliott Wave combo Impulse + ABC correction. 1.618 FIB extension is the next profit target, but I believe we will go much higher than that! Make sure you buy the right BEAM coin, as there are 2 with the same name. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.
Beam allows financial counterparties to make safe, stable and reliable transactions. This helps eliminate the problem of user data mismanagement, keeping the system cleaner and more secure. Beam’s blockchain was built on the C++ programming language from scratch.
User addresses are kept confidential at all times and are never disclosed to any third parties. Users have total access and control over their privacy, deciding who can access their information and what they are allowed to see.
Beam supports custom transactions of different types, such as escrow, atomic swaps and time-locked ones. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.
Beam Token Surges 36% as Merit Circle Network Achieves ATH
Beam Token, part of the Merit Circle Network's gaming-focused crypto group, has witnessed a remarkable 36% increase in the past day, coupled with a 25% rise over the week. As the crypto community eagerly watches this ascent, it becomes imperative to delve into the factors behind Beam Token's recent pump and the developments that contribute to its growing prominence.
The Beam Network on Avalanche:
Merit Circle DAO introduced its Beam network on Avalanche in August 2023, targeting the gaming sector. The latest data from CoinGecko reveals that the BEAM token is now priced at approximately $0.022, inching closer to its all-time high of $0.027 recorded on December 14. The surge coincides with an upswing in the total transactions on the Beam network, hitting a new peak of over 103,000 transactions on a single day in mid-December. Furthermore, more than half a million wallet addresses have engaged with Beam's blockchain since its launch, highlighting the network's growing user base.
Sphere NFT Marketplace Expansion:
A noteworthy development for Beam is its recent integration of the Polygon-powered Immutable zkEVM blockchain into its ecosystem. The addition extends compatibility to the Sphere NFT marketplace and the broader tech stack offering. Despite Wednesday's price dip following Bitcoin's flash crash, Immutable's IMX token has rebounded by approximately 4% in the past day. This move strengthens Beam's position in the NFT space, showcasing its commitment to expanding the utility of its blockchain.
Gaming Catalysts:
Merit Circle co-founder Marco van den Heuvel suggests that the recent surge in Beam's transactions can be attributed to the activity generated by "one or two" games that have partially deployed on the Beam network. Games such as Goons of Balatroon and Nekoverse: City of Greed have contributed to the increased network activity. Interestingly, memecoins like BeamCat are also experiencing heightened trading activity, registering over $290,000 in total volume traded in the past 24 hours according to GeckoTerminal data.
FOMO Rush and Community Sentiment:
One self-described Beam "maxi" speculates that the surge in BEAM token price may be fueled by a "FOMO rush" among investors. In the cryptocurrency realm, "maxis" or "maximalists" are known for their unwavering support of a specific token. This community sentiment, coupled with the uniqueness of Beam's gaming-focused approach, could be driving the token's rapid appreciation.
Challenges and Impersonation:
Despite the positive developments, Beam has faced challenges, with its official Twitter account recently suspended. Heuvel attributes this to a barrage of reports from fake accounts. Beam account impersonators have also emerged, attempting to scam users. The Merit Circle team is actively addressing these issues, reaching out to Twitter support to resolve the suspension and safeguard the community from potential scams.
Conclusion:
As Beam Token continues its upward trajectory, fueled by gaming partnerships, NFT marketplace expansion, and community enthusiasm, it stands as a notable player in the evolving crypto landscape. However, challenges such as social media account suspensions and impersonations underscore the need for vigilance in the volatile crypto space. As the Beam community awaits further developments, the token's recent surge raises intriguing questions about the future of gaming-focused cryptocurrencies and their potential impact on the broader blockchain ecosystem.
Prediction BEAM 2023 ---> $0,10 Thanks for reading this beam prediction 2023 for BEAM.
We expect that there is a good possiblity BEAM will gain $0,10
Its an upcoming coin on side of volume, also TA shows this possiblity.
2023 can become an interesting year for beam.
Do you think BEAM will moon to $0,10? add in comments.
#Nottradingadvice
Beam looks OverboughtBEAM/USDT looks Overbought, and it wouldn't surprise me to see a correction.
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We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature.
and are therefore are unqualified to give investment recommendations.
Always do your own research and consult with a licensed investment professional before investing.
This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
Cathie Wood is long BEAM, But I will be Strong Short #CathieWood
Baught this stock...I analyzed it....and …...well....I would do exact the opposite......
But why?
Technical Analysis
Let forget eveything you know about technical analysis, and let together tell this story....logically..
At
76-71 USD AGGRESSIVE SELLERS FORCED THE PICE DOWN
29,72 USD BUYERS DEFENDED THIS Area(ZONE) as well the sellers took partial profits, and accumulated their positions ,but this time more powerfully and aggressive at 64-61USD zone
THE PRICE MOVED DOWN, Institutional buyers took patial profits,(the best decision they could do OTHERWISE THEY WOULD LOSE ALL THIER PROFITS LOOK AT THE PICE OF TODAY
The retail traders who followed the news and the hype baught Beam hoping that the share prce will fly to the moon,but......
At 64-61 who is waiting there?
YES THE AGGRESSIVE SELLERS!!!!
NOW THEY FORCED MUCH MORE ORDERS TO SEND THE PRICE To the....where we are now....
Bad for the buyers...Some buyers took profits, some took losses, and to compensate thier losses, they started to sell short the market....
At 28,80(YELLOW LINE) we are now at the weak support(low volume) The market could make a retracement to 44,94USD
where the sellers and BEARS are waiting of them.....to do what? Well you know it.....
Otherwise...more selles (former retail trades bulls) could decide to sell the maket from here....
WE HAVE A LONG DISTANCE TO GO DEEPER....
Targets short
13,75
8,68
3,82
1,25
.
.
Wood's flagship ARK Innovation ETF has loaded up in recent weeks on Beam Therapeutics (BEAM 1.11%). The gene-editing stock currently ranks as the ETF's 18th-largest holding. It's also the ninth-largest position in Wood's ARK Genomic Revolution ETF.
Beam Therapeutics is a pioneer in base editing. Most types of gene editing involve double-strand breaks in DNA that can cause random unwanted insertions and deletions. Base editing is highly precise, with no double-strand breaks and no off-target genetic changes. Because of these characteristics, base editing holds tremendous promise as a method for developing therapies targeting genetic diseases and "off the shelf" cell therapies for treating cancer.
So far, Beam has advanced two base-editing candidates into clinical testing. It's evaluating BEAM-101 as a treatment for two rare blood disorders: sickle cell disease and beta-thalassemia. And the company expects to begin dosing patients in a phase 1 study of experimental cancer cell therapy BEAM-201 by mid-2023.
Those two programs could be joined by two others soon. Beam hopes to submit for regulatory approvals to start clinical studies of BEAM-301 as a treatment for glycogen storage disease type 1a and BEAM-302 as a treatment for severe alpha-1 antitrypsin deficiency by early 2024.
The company has a long way to go. But if its base-editing programs prove to be safe and effective, Beam could be a massive winner.