Bancor V2 (BNT) is Blasting Through Local Highs and On Its Way To Hit $2 ?

in #bnt4 years ago
Reveal spoiler

BNT CHART Published On Tradingview

$BNT is blasting through local highs and on its way to hit $2.

Bancor market and social signals have been so strong that $BNT was chosen as LunarCRUSH's coin of the day after topping the AltRank charts for multiple consecutive days in the #1 position.

Extremely bullish sentiment and positive signals for $BNT increased dramatically after Chainlink published a blog detailing its deep collaboration with Bancor on the coming release of Bancor V2

which resolves some of DeFi's biggest issues with automated market makers (AMMs). Bancor and Chainlink also co-hosted an AMA revealing new details on how the new system works.

⚖️ @natehindman explains how #BancorV2 uses @chainlink oracles & dynamic weights to balance liquidity pools & maintain arbitrage opportunities while mitigating impermanent loss.

📺 Watch the full AMA with the Bancor & #Chainlink teams: $BNT $LINK

— Bancor (@Bancor) July 1, 2020

Prominent crypto analysts expect $BNT to 4x soon, due to Bancor's V2 AMM innovations being "different from anything that exists today."

There is speculation that a $BNT listing on Coinbase is imminent. $BNT is already listed on Coinbase Custody and is rumored to be a top candidate for listing on Coinbase Pro