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The B3 price has soared 19% in the last 24 hours to trade at $0.005248 as of 3:30 a.m. EST on a 10% jump in trading volume to $99.5 million.
This surge in the B3 price places the token among the day’s top trending cryptocurrencies, as per CoinMarketCap data.
The B3 development team, founded by former Coinbase employees, has introduced the B3 token, a key milestone for gaming on the Base blockchain. As a layer 3 (L3) solution, B3 is designed to enhance gaming experiences within the Base ecosystem.
IT HAPPENED – $B3 IS NOW LIVE ON @base 💙
With listing on ByBit, Coinbase and other major CEXs, $B3 by @b3dotfun is now available to buy with all its features.
SA for Base Chain – 0xB3B32F9f8827D4634fE7d973Fa1034Ec9fdDB3B3
Season 1 Airdrop is live too!
Check your eligibility… pic.twitter.com/v6AyQz07Wc— Darii | Maista (@maista999) February 10, 2025
The token enables staking, trading, and participation in an open gaming economy. It is currently listed on Bybit, featuring a 140 million token prize pool for traders, and is also available on Aerodrome and AlienBase. Additional exchange listings are expected soon, further expanding its accessibility.
B3 Price Eyes Potential Reversal Within A Bearish Channel
The B3/USD trading pair is currently navigating a bearish channel, showing signs of consolidation after an earlier surge. As of the latest session, the price is hovering near a critical support level at $0.0053. This technical safety net is a potential turning point, with a possible breakout signaling a shift in momentum.
The price continues to trade below the 50-period simple moving average (SMA) on the 15-minute chart at $0.00571141, reinforcing a short-term bearish trend. The Moving Average Convergence Divergence (MACD) indicator is in negative territory, with the MACD line at -0.00007324 and the signal line at -0.00015830, indicating persistent selling pressure. However, a bullish crossover in the MACD could trigger renewed buying interest, shifting the trend in favor of the bulls.
B3/USD Analysis (Source: Dextools.io)
Meanwhile, the Relative Strength Index (RSI) stands at 41.12, indicating that the market is still in a neutral-to-bearish phase but not yet oversold. If the RSI drops closer to 30, it could indicate a stronger buying opportunity, while a move above 50 would confirm the new bullish momentum.
B3 Price Teeters At Crucial Level As Bulls Await Breakout
Technically, B3/USD is at a make-or-break level. A breakout above the bearish channel could lead to a strong price rally, with initial resistance near $0.0085 – $0.0090. This level has previously been a ceiling, preventing further upward movement. If bulls manage to push through, the next leg of the rally could move beyond $0.0100, marking a potential bullish reversal.
On the downside, failure to hold the $0.0053 support could see more selling pressure, dragging the price down toward $0.0045 or lower. With trading volume remaining relatively low, market participants are waiting for a clear directional move before making significant commitments.
As the market approaches a potential turning point, traders should watch for a breakout above the bearish channel or a strong rejection at support. The coming sessions will be crucial in determining whether the B3 price can regain bullish momentum or if further downside awaits.
This Solana Layer 2 Presale Heads To $20 Million – Next Crypto To Explode?
As traders keep an eye on the B3 price consolidation for potential bullish momentum, Solana layer 2 meme coin Solaxy (SOLX) continues to thrive in its presale, having raised over $19.6 million in funding so far.
The project aims to fix Solana’s network congestion brought about by the soaring demand for SOL-based meme coins, which has put immense pressure on the main net. Without an effective solution, the blockchain risks experiencing another outage.
The benefits of Solaxy can really bring a tear to your eye…$SOLX hits hard! 🛸🪐 pic.twitter.com/yqIjimnys9
— SOLAXY Help Team 𝕏 (@SOLAXYTOKEN_HT) February 7, 2025
Solaxy will prevent another outage for the Solana blockchain with its layer 2 sidechain, designed to reduce the computational load on Solana’s main network. By processing transactions off-chain, bundling them, and submitting them to Solana’s layer 1 for validation, Solaxy enhances network efficiency, lowers transaction fees, and increases throughput, making it a promising scaling solution.
An analyst from the popular crypto YouTube channel 99Bitcoins, which has over 724K subscribers, predicts that SOLX could surge 100X post-launch.
Right now, the SOLX token is selling for $0.001632 and can be bought with either crypto or bank card through the buy widget on the project’s website.
Investors interested in passive crypto rewards can also join the project’s presale staking program, which currently offers an impressive 208% annual return. However, investors looking to buy SOLX tokens at the best presale rate will want to buy fast because a price hike is scheduled to take place in 43 hours.
Buy SOLX tokens here before the next price hike.
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