Bison investors will have enjoyed a wonderful 24 hours as they saw their assets hit an incredible rise.
Huge Surge for BiShares as Crypto Market Pulls Back
With the majority of the crypto market reacting to the BTC pullback, $BISON saw no signs of letting up.
The nano-cap token exemplified its potential with a surge unlike any seen in the market for a while. According to CoinMarketCap, $BISON underwent a rise from $4.99 to $23.71 on November 16th, representing over 300% in gains in just one day.
The project team was quick to take to Twitter, with a nonchalant post on the same day that seemed to suggest this was nothing short of what they expected.
The latest communication on their social media accounts has set about attracting prospective investors to the enticing yield opportunities they harbor.
This latest price surge will have done much to please prior investors who will currently be sitting pretty, but for the project team, the hope is that they have been able to catch the eye of other crypto enthusiasts who jealously looked on at the gains.
The price has since settled back down to around $15, at the time of writing
What is BiShares?
BiShares was named as a combination of Binance and Bison – the platform mascot. Founders, @allthingsNFT and @defivlad hope to serve the BSC community first and have high hopes that CZ and the Binance team will embrace their creativity. BiShares launched its DAO token, with a 750% oversubscribed Initial Ape Offering from ApeSwap, and the team plans to turn over the reins to the community in August for DAO voting and collaborations with token holders. The $BISON token gives holders a .5% kickback in platform fees for staking while the platform token gives another 1% kickback – it pays to hold the DAO token, a rare offering with such a robust protocol and community outreach.
To learn more about BiShares, visit the following links:
Source : bsc.news
Founded in 2020, BSCNews is the leading media platform covering decentralized finance (DeFi) on the Binance Smart Chain (BSC). We cover a wide range of blockchain news revolving mainly around the DeFi sector of the crypto markets. BSCNews aims to inform, educate and share information with the global investment community through our website, social media, newsletters, podcasts, research, and live ask me anything (AMA). Our content reaches hundreds of thousands of global investors who are active in the BSC DeFi space.