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Highlights
- BURGER crypto is the native token of BurgerCities.
- BURGER crypto is available for trading on crypto exchanges like Bitrue and Binance.
- The price of BURGER crypto soared around 95 per cent at 4 AM EST.
Amid a shaky cryptocurrency market, BurgerCities (BURGER) crypto caught the attention of crypto enthusiasts on Thursday, July 7. As per CoinMarketCap, the price of BURGER crypto soared around 95 per cent, trading at US$ 2.62 per token at 4 AM EST.
Meanwhile, the 24-hour volume of BURGER crypto skyrocketed over 300 per cent to US$ 254 million. Due to the price and volume surge, BURGER crypto was gaining traction, and we will find out more about the virtual currency in this article.
What is BURGER crypto?
BURGER crypto is the native token of BurgerCities, which was created to integrate decentralized finance (DeFi) and non-fungible token (NFT) into the larger metaverse to produce a uniform and standardised Web3 metaverse world.
In the BurgerCities network, users could engage in regular activities like socialising and gaming. They might also explore DeFi and NFT features like trading, staking, NFT exhibitions, Gamefi, etc., while using their own avatars.
According to its official website, BurgerCities is the first standardised blockchain-enabled metaverse game on Binance Smart Chain. On July 7, the network announced that it had integrated liquidity from iZUMi with its aggregation protocol. The virtual currency could be gaining momentum due to this reason.
BurgerCities has been seeking decentralized (DEXs) and centralized exchanges (CEXs) to work with them to determine how to acquire the best price for decentralised exchanges.
On July 5, the network said that since the release of the BurgerCities alpha version, it had been observed that a lot of players had shown interest. Hence, the network will give the players a bonus of 20,000 BURGER to encourage additional people to play the game.
BURGER crypto is available for buying, selling, and other activities on crypto exchanges like Bitrue, MEXC, Binance, and KuCoin. The maximum supply of virtual currency is 21 million, and its circulating supply is 20.6 million.
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Bottom line
Despite the rise in the price of BURGER crypto, investors should exercise caution as it is relatively a new cryptocurrency and market conditions are not ideal.
The prices of all the cryptocurrencies keep fluctuating due to an increased volatility, therefore investors must research thoroughly about the crypto project and its future goals before investing.
Risk Disclosure: Trading in cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory, or political events. The laws that apply to crypto products (and how a particular crypto product is regulated) may change. Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading in the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed. Kalkine Media cannot and does not represent or guarantee that any of the information/data available here is accurate, reliable, current, complete or appropriate for your needs. Kalkine Media will not accept liability for any loss or damage as a result of your trading or your reliance on the information shared on this website.
