BREAKING
204d 11h ago

BNB Chain Foundation Invests $50,000 USDT in FAIR3 and BGSC Tokens as Part of $100M Ecosystem Incentive Plan

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 July 21, the BNB Chain Foundation executed a strategic asset acquisition, deploying a total of 50,000 USDT to acquire FAIR3 and BGSC tokens. The foundation allocated 25,000 USDT to purchase approximately 868,592 FAIR3 tokens at an average price of 0.02878 USDT per token. Simultaneously, another 25,000 USDT was utilized to obtain around 3.72 million BGSC tokens at a unit price near 0.00671 USDT.

This transaction forms a critical component of the BNB Chain’s broader $100 million incentive program, designed to bolster promising blockchain projects and accelerate ecosystem growth. By strategically investing in these tokens, the foundation underscores its commitment to fostering innovation and enhancing the overall market liquidity within the BNB Chain network.

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