An insight into BSC top movers: MoonTrust (MNTT), Insure DeFi (SURE), and Baby DogeCoin (BABYDOGE)
MoonTrust (MNTT)
MNTT Token, the native token for the MoonTrust DeFi platform allows users to send crypto tokens via mobile numbers or MoonTrust ID. The native app will enable users to connect their software wallets to their mobile numbers and/or MoonTrust ID.
The V1 wallet was released on June 15th, 2021, through an official tweet. This might be responsible for the weekly gain of the token, which has done a combined weekly gain of 121% at the time of this report.
In this monthly article, the protocol has identified a series of updates, including its Latoken CEX, Coinmarketcap, Coingecko, and Trust Wallet listings. They also informed the community that they’ve reached a threshold of 4k token holders in the report.
In its June objective, the DeFi platform hinted at the release of its social media browser web and app launch for both Android and IOS.To learn more about MoonTrust, check out the following links:
Insure DeFI (SURE)
Insure DeFi, the world’s first crypto-insurance ecosystem with staking power, created to insure users’ cryptos, has gained approximately 100% in its weekly rally for its SURE token holders.
The team is working with the AnySwapNetwork team after its hack was reported on June 12 according to this tweet. The crypto-insurance platform has since launched its new BEP-20 token and has commenced a swap of the old token for holders who had the tokens before the announcement.
The protocol has announced a series of updates for its community, including expanding its service into Polygon Network. On June 11, the network secured a strategic partnership with BerryData, a widely used Oracle service on BSC. The partnership will allow both companies to work together to protect cryptocurrency investors from scams.
The team has Integrated Chainlink Oracle’s for more secure price feed. They are further combining the oracles with Google AI for hybrid off-chain and onchain application.
To learn more about Insure DeFi, check on the following links:
Baby DogeCoin (BABYDOGE)
Meme coin sentiment seems to be a bit weak with DOGE taking a 30% plus correction. Baby Dogecoin Meme token (BABYDOGE) is changing the narrative with its 82% weekly gain for holders.
Its planned burn of 2.5 quadrillion tokens, currently valued at around $900,000, happened on June 20, and may be the reason behind the token gain. Burning tokens is a concept deployed by projects to help maintain token value over time, keep the supply in check, and improve price.
The incoming burn has resulted in a trending spot on Coinmarketcap as the team recently announced achieving 80,000 holders of its token. The platform also underwent a third-party audit by Dessert Finance, and the result shows no critical vulnerabilities of the code and the website.
Source : bsc.news
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