JuggerNaut shook off the current bearish market to post some notable achievements for the month.
Growth Despite A Bearish Market
Many crypto platforms are having a hard time weathering the current bearish market. Despite the recent bears, JuggerNaut, has seen its users continue to swell in numbers. The cross-chain Decentralized Finance (DeFi) and Non-Fungible Token (NFT) combo platform regularly releases monthly updates to keep its community abreast of the project’s progress.
In its latest June update on its Medium handle from July 5th, JuggerNaut reported steady growth in the number of users compared with their figures from May.
What Do The Numbers Show?
The statistics indicate that JuggerNaut is in robust health.
In line with the general market condition, its market capitalization and trade volume declined.
Market Cap Growth:
Total Volume Growth:
Nevertheless, unique users that traded on the JuggerNaut platform increased by 1.96% and 20.06% on Ethereum and Binance Smart Chain networks, respectively. JuggerNaut saw positive growth on multiple chains during one of the worst months of crypto in years. The decrease in volume is a bit concerning but recent NFT hype has resurged.
According to a Year-To-Date (YTD) comparison of tokens on BSC from CryptoDep, JuggerNaut delivered the 3rd-best return on investment (ROI). The platform has powered through the short term bear market in June and is entering the summer with intentions of flying high.
Notable Events of June 2021
JuggerNaut attained some notable milestones in June, some of which are:
Partnership with Binance NFT Marketplace as a creator.
Top-10 Gainer For the week ending on June 19.
Top-10 most popular NFT Dapp.
Other events worthy of mention are a feature article on BSC.News and the auction of an NFT collection of one of the greatest boxers in human history, Mohammed Ali.
For JuggerNaut, June has been a good month considering the turbulence of a bearish market. The platform was able to achieve some milestones, such as the partnership with crypto mega-ecosystem, Binance.
Looking forward to the remaining part of the year, JuggerNaut plans to improve its BSC NFT exchange. Other targets include new NFT games and a decentralized autonomous organization (DAO) with staking features.
JuggerNaut is an integrated DeFi and NFT cross-chain ecosystem. Aiming to be the default NFT exchange of choice on BSC, the platform developed its state-of-the-art NFT exchange so that the BSC community can enjoy seamless NFT trading.
Source : bsc.news
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