BREAKING

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

BNB

BNB/USDT

$564.73
-0.44%
24h Volume

$382,144,562.33

24h H/L

$568.98 / $551.92

Change: $17.06 (3.09%)

Long/Short
75.8%
Long: 75.8%Short: 24.2%
Funding Rate

+0.0055%

Longs pay

Data provided by COINOTAG DATALive data
BNB
BNB
Daily

$564.46

-0.56%

Volume (24h): -

Resistance Levels
Resistance 3$618.5092
Resistance 2$585.3108
Resistance 1$571.319
Price$564.46
Support 1$563.3463
Support 2$540.60
Support 3$484.8019
Pivot (PP):$565.6833
Trend:Downtrend
RSI (14):37.0

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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