BREAKING
224d 22h ago

BNB Chain Foundation Invests $100,000 USDT to Acquire Key BNB Ecosystem Tokens Including JANITOR, IDOL, CAKE, and LISTA

BNB

BNB/USDT

$647.23
+1.19%
24h Volume

$689,589,079.15

24h H/L

$655.51 / $637.61

Change: $17.90 (2.81%)

Long/Short
72.8%
Long: 72.8%Short: 27.2%
Funding Rate

-0.0064%

Shorts pay

Data provided by COINOTAG DATALive data
BNB
BNB
Daily

$647.24

0.04%

Volume (24h): -

Resistance Levels
Resistance 3$771.4076
Resistance 2$715.455
Resistance 1$682.8102
Price$647.24
Support 1$630.8822
Support 2$570.06
Support 3$426.7514
Pivot (PP):$645.3833
Trend:Downtrend
RSI (14):26.5

On June 30, the BNB Chain Foundation executed strategic acquisitions within its ecosystem, allocating a total of 100,000 USDT to purchase various native tokens. The foundation invested 25,000 USDT to acquire 22,611 JANITOR tokens at an average price of $1.1056, signaling targeted support for this asset. Additionally, another 25,000 USDT was deployed to obtain 1,575,733 IDOL tokens at $0.01586 per token, reflecting confidence in the IDOL project’s potential. The foundation further committed 50,000 USDT to buy 21,365 CAKE tokens at an average of $2.34, underscoring CAKE’s integral role within the BNB ecosystem. Lastly, 50,000 USDT was utilized to secure 208,396 LISTA tokens at $0.239 each, diversifying the foundation’s portfolio. These calculated purchases demonstrate the foundation’s ongoing efforts to bolster ecosystem growth and liquidity across multiple token projects.

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