Why doesn’t Bix Coin rise (Will Bxh Coin appreciate)?

08/10/2023 00:22 • Tech Ticker • 206 views

Why doesn’t Bix Coin rise? Editor’s note: This article is from the Fēnghuǒlún Community (ID: FHBT18), author: Peipei, authorized reprint by ODaily Star Planet Daily.

There are many reasons for the recent poor market conditions:

1. Why doesn’t Bx Coin rise?

2. Many exchange platform coins have fallen, such as Eos, Eth, and Bitex. These are well-established projects, but they still have good development prospects. However, when looking at this year’s DeFi ecosystem, it may not be as dominant, right?

3. Many people ask if the project Bifs will go to zero. Because I think that tokens like Bixs can be considered a stable coin. But there is something special about it: it lacks innovation, and its mechanism is very simple. It is different from a niche market, as long as it can find some new users to participate.

In our previous article, I have analyzed an article called “Why is Bibs Coin Not Symmetrical”:

1) Currently, there are some exchanges on the market that have launched a large number of simulated trading projects. Some big players are also speculating, even projects that have never heard of their own development teams. However, now they do seem to be a bit weak, just like BTC. In addition, they also launched a smart contract similar to Ethereum, which allows traders to conveniently engage in various complex functions, such as transfer payments, lending, etc., so there may be certain risks in certain cases. On the other hand, from a technical point of view, for startup companies that use blockchain technology, their products are issued in the form of Bitcoin or Ether, not purchased directly. So actually projects like Bitcoin have certain advantages.

2) Because recently there have been a group of so-called air projects that run away, and many investors in most project funds also believe that they are losing money. So which projects are truly worth investing in? You have to look at a few other projects first: Bitfinex and Poloniex. Among them, Poloniex is one of the world’s largest cryptocurrency exchanges, with over 2 million registered users and $5 billion in assets. BinanceCoin, on the other hand, is a blockchain-based network founded by a well-known American software engineer. It aims to solve the congestion problems of Bitcoin and Litecoin networks and help reduce the costs caused by Bitcoin price fluctuations.

3) In 2017, during the bull market, someone raised a question: “Will someone tell you this point?” According to the official explanation, the answer to this question is not what a specific person says, but most people’s opinions are that Bitcoin and Ethereum are not much different, and the difference lies in the operational mode of the two platforms. The relationship between these two companies is also different: the founder of one company is a senior computer scientist who has a strong interest in Bitcoin and often studies various price charts of digital currencies.

Will Bxh Coin appreciate?

According to news from the BxH Coin Community, there are not many tokens of Bxh currently traded in exchanges, and the price is not high. According to previous reports, a member of the Bzx Coin Community said, “I think Bzh is the next Bitcoin, so I decided to short Eth.” In response, the BBX team replied, “No,” and added, “If we consider this issue in the current way, it is likely to appreciate.” In addition, they also revealed that they are looking for suitable prices and time for cross-testing. “We hope more people will join in the future.”

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Why doesn’t Bix Coin rise (Will Bxh Coin appreciate)?

Will Bxh Coin appreciate?

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