This article centers around a thorough assessment of PBR coin’s technical and fundamental attributes using data obtained from www.coinmarketcap.com . Our report aims to address vital inquiries regarding the projects associated with the cryptocurrency ;
determining significant factors affecting its market value ; reviewing which are reliable exchanges for trading it ; identifying traded currency pairs ; exploPBR assorted key metrics that demonstrate critical aspects of performPBRe such as highest low price values attained among other essential economic indicators. We will also provide regular weekly graphical or technical analyses aimed at assisting potential investors evaluate feasible investment risks areas while identifying prospective profits..
What is PolkaBridge (PBR) Coin?
PolkaBridge (PBR) is a cryptocurrency token built on the Binance Smart Chain that powers the PolkaBridge decentralized finance (DeFi) platform . The goal of PolkaBridge is to create a bridge between different blockchain networks, enabling users to seamlessly transfer and exchange assets across different ecosystems .
The platform provides various features such as staking , yield farming , and liquidity provision for its users. PBR tokens are primarily used for governance decisions within the ecosystem , allowing holders to vote on proposals related to network upgrades or changes in protocol parameters .
Additionally, users can earn rewards by staking their PBR tokens or providing liquidity to pools on the platform . Overall, PolkaBridge aims to be a user-friendly DeFi platform that provides easy access to cross-chain asset transfers and other essential financial services without requiring intermediaries .
If you want to know more about the PolkaBridgeCoin(PBR) coin , you can visit its website .
PolkaBridge (PBR) is a decentralized finance platform that offers various features and services to its users . Here are some of the key projects and initiatives associated with PBR :
- Cross-Chain Asset Transfer : The primary focus of PolkaBridge is to create an interoperable ecosystem where users can seamlessly transfer assets across different blockchain networks .
2Staking : Users can stake their PBR tokens in order to earn rewards and participate in governance decisions within the network .
- Yield Farming : PolkaBridge also offers yield farming opportunities, allowing users to earn additional rewards by providing liquidity or staking their tokens .
- Liquidity Provision : Users can also contribute liquidity to pools on the platform, earning fees for their contributions while helping maintain market stability .
- Governance : Holders of PBR tokens have voting rights within the network, allowing them to participate in decision-making processes related to protocol upgrades or other changes.
Overall , PolkaBridge aims to provide easy-to-use DeFi services that enable seamless cross-chain asset transfers while maintaining high levels of security and decentralization for its users .
Factors affecting price:
As with any cryptocurrency, there are several factors that can influence the price of PolkaBridge’s PBR token . Here are some of the key factors to consider :
- Market Sentimen : The overall sentiment in the cryptocurrency market can have a significant impact on prices , as investors tend to be influenced by news and events related to the industry .
- Adoption and Integration : As more projects integrate with PolkaBridge or utilize its cross-chain bridge technology, it may increase demand for PBR tokens and positively affect its price.
- Competition : There are many other DeFi platforms offering similar services and features, so competition in this space could potentially impact PBR’s adoption and price.
- Technological Advancements : Improvements to PolkaBridge’s technology or development milestones achieved by the team could attract attention from investors and drive up demand for PBR tokens.
5Regulatory Environment : Changes in regulations or restrictions on cryptocurrencies in certain jurisdictions could create uncertainty around their adoption and negatively impact their value.
- Supply & Demand Factors : The supply of available coins as well as trading volumes on exchanges also play an important role in determining prices of digital assets like PBR tokens
It is important to note that these factors are not exhaustive nor do they guarantee any particular outcome regarding the future performance of PBR tokens or any other digital asset
Where can I buy PolkaBridgeCoin (PBR)?
PolkaBridge Coin (PBR) Baseline Assessment :
The market cap of the PolkaBridge Coin(PBR) coin is $ 3.394.183 and its circulating supply is 65.205.935 units . Its maximum supply is 75.205.935 units , with a fully diluted valuation of $ 3.914.716
What is the high price point for PolkaBridge Coin (PBR)?
PolkaBridgeCoin (PBR) token highest price is $ 11.67 recorded on Nov 16, 2021. The current price is -99.5% lower than the all-time high .
What is the low point of the price for PolkaBridge Coin (PBR)?
PolkaBridgeCoin(PBR) token’s lowest price was $ 0.03619 on Feb 01, 2021
PolkaBridgeCoin(PBR) Technical Outlook:
PBR coin fell from the $ 5 level on November 15, 2021, to $ 0.03911 with a decrease of 99.22% at the end of the falling trend, which continued for 1 year. Could not pass this level. It regressed to the lower band of the channel with the formation of a double top formation. Although the marubuzo candle formed in the lower band of the track the previous week is perceived as a bullish sign, we need to see the weekly confirmation candle. In a possible rise, the upper band of the horizontal channel may be the target, which means a gain of 228%, which will make the investor happy.
Our support point is $0.0377, and our resistances are $0.213 – $0.4386 – $0.7790 – $1.76 – $5 levels .
Investment information, comments, and recommendations contained herein are not within the scope of investment consultancy . The content, comments , and recommendations herein are not guiding but general . These recommendations may not suit your financial situation and risk and return preferences . Therefore , making an investment decision based solely on the information herein may not yield results that meet your expectations .
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