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GBR Coin Has Achieved Their 2022 Milestones Earlier Than Planned

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Gbr Coin Has Achieved Their 2022 Milestones Earlier Than Planned
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GBR Coin, a decentralized finance (DeFi) platform that promises to be one of the fastest and most secure Web3 frameworks in the market, is ahead of schedule with the tasks listed on their roadmap. This comes after the team has successfully  laid down the necessary foundations for their upcoming ICO which was originally scheduled for the fourth quarter of this year.

Due to the relentless drive and continued effort of the GBR Coin team, the project milestones listed on the GBR Coin website have been achieved much sooner than the team had initially planned. Perhaps the biggest milestone is the team moving up the date for their ICO. According to the team, they are now looking at launching their ICO towards the end of this month.

On top of the rescheduled ICO, the team has also entered into an R&D phase with Crypto Intelligents, officially launched their project and have submitted numerous partnership proposals with real estate companies from across the globe to build early momentum towards their market presence and dominance objectives.

Furthermore, the project’s website has gone live and the team is completing their final milestone for the third quarter of 2022 – listing on CoinMarketCap (CMC) and other crypto market tracking websites.

Being built by a veteran team of professionals in the real estate industry, GBR Coin’s decentralized platform will combat some of the major limitations of blockchain and digital currency technology head on, namely highly-volatile prices, slow network throughput, and rising transaction fees.  

In addition, the GBR platform will equip any real estate investors with the tools and technology needed to maximize the profitability of their property investments. Functionalities such as being able to verify the validity of investments, as well as market analysis and trading bots designed to ensure price stability, will enable investors to achieve and maintain peak profit margins.

About GBR Coin

GBR Coin is a real estate and investment company based in Dubai. The team behind the project has been an active player in the real estate industry for over 25 years, and their services include 1031 tax-deferred exchanges, the marketing and purchase of investment properties, as well as full service property management.

The native token of the GBR platform, GBR, is built on top of the Polygon (MATIC) blockchain and has a total supply of 60,000,000 tokens, wherein 40% will be sold via private and public sales, 25% for company allotment, 20% for advisors and partners, and 15% for the ecosystem and general marketing.

Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this press release does not represent any investment advice. TheNewsCrypto recommend our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this press release.

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Litentry Breaks Out Of A Descending Triangle, Can Bulls Hit $1.2?

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Litentry Breaks Out Of A Descending Triangle, Can Bulls Hit $1.2?
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  • LIT price creates more bullish sentiment as price hold above daily EMA 
  • LIT looks more stable as bulls breakout of a descending triangle
  • The price of LIT could face major resistance at $1.2 

Litentry (LIT) has had a rough start to the year, but that could be shelved aside as the price looks more bullish recently against tether (USDT). Litentry (LIT) price has seen more of a downtrend in the bear market than an upside with the price struggling to regain the bullish structure and has failed each time with Bitcoin (BTC) price falling to a region of $18,700 affecting the price of the altcoin. (Data from Binance)

Litentry (LIT) Price Analysis On The Weekly Chart

The crypto market hasn’t had the best price movement in recent times, but this can not rule out that some crypto assets have continued to show great strength bouncing from their lows and breaking out of their downtrends to establish a bullish momentum.

Despite showing less price movement in recent weeks as the price continued to trade below the key resistance level of $0.7, preventing the price of LIT from rallying high.

The price of LIT closed the weekly price looking more bullish as bulls pushed the price to break the resistance at $0.7, setting up a more bullish price movement ahead of the new week for the price of LIT.

The price of LIT faced price rejection from a region of $0.75 from trending higher after the news from the Consumer Price Index (CPI) and Federal Open Market Committee (FOMC) had a negative impact on the price of LIT. LIT price responded well as price rallied from a low of $0.55 with what seemed to be an area of interest for more buy orders. 

LIT’s price needs to break and hold above $1.2 for the price to rally to a higher region with more bullish sentiments; if the price of LIT gets rejected from this region, we could see the price retesting a region of $1-$0.8 acting as good support zones.

Weekly resistance for the price of LIT – $1-$1.2.

Weekly support for the price of LIT – $0.75.

Price Analysis Of LIT On The Daily (1D) Chart

Daily LIT Price Chart | Source: LITUSDT On Tradingview.com

In the daily timeframe, the price of LIT continues to look bullish as the price breaks out of a descending triangle after trading in a range of downward trends. 

After respecting the downtrend line, the price of LIT formed, and the trendline continued to act as a resistance for the price of LIT as it failed to break above the line despite several trials. But the price of LIT built more strength, with the price breaking the trendline to set up more bullish sentiment ahead of a rally to $1-$1.2 with a possible higher target.

The price of LIT trades at $0.9 above the 50 Exponential Moving Average (EMA). The prices of $0.7 correspond to the price at 50 EMA for LIT on the daily timeframe.

Daily resistance for the LIT price – $1-$1.2.

Daily support for the LIT price – $0.75-$0.7.

Featured Image From Toptrading, Charts From Tradingview 

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Top Crypto Price Gainers of the Past Hour

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Top 3 Privacy Coins To Consider This June 2022 For Investors
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  • Top 3 crypto price gainers are RSR, MKR, EGLD.
  • According to CoinMarketCap, RSR has gained by 6.70% during the last 24 hours.

For the past few months, the global cryptocurrency market has witnessed a tremendous downfall due to several reasons. The market cap value has declined by more than 70% from 3 trillion, which was recorded in November 2021. Currently the MarketCap is  $927.26B. Also the top cryptocurrencies, Bitcoin and Ethereum are down today. 

Let’s examine the top 3 crypto price gainers of the past hour.

Price chart of top crypto gainers (Source : CMC)

Reserve Rights (RSR)

The Reserve ecosystem’s volatile cryptocurrency is the RSR. Reserve Rights is a stablecoin platform with two tokens. The Reserve stablecoin (RSV), which is governed by a number of assets managed by smart contracts, is added by the RSR’s dual token arrangement. The Reserve Rights token (RSR), the second token, is used to maintain the RSV’s price at $1 through a system of arbitrage opportunities. 

The current price of RSR is $0.01018 with a 24 hour trading volume of $16,155,126. In the past 24 hours, RSR has increased by 6.70% as per CoinMarketcap. 

Maker (MKR)

The Maker protocol, which is built on the Ethereum blockchain, has a governance token called Maker (MKR). MKR was developed by makerDAO and released in 2015. Maker protocol and MakerDAO manage and provide the smart contracts ecosystem for DAI, one of the most popular stablecoins.

According to CoinMarketcap, MKR currently trades for $776.29 with a $42,438,021 24 hour trading volume. MKR has gained 3.74% during the past 24 hours.

Elrond (EGLD)

With a focus on scalability and cheap transaction fees, Elrond is a piece of software that tries to motivate a distributed network of computers to run a smart contract platform. It was established in 2017 and is supported by Elrond Network, a business based in Malta committed to the development of the project. The EGLD coin, which Elrond uses to communicate with applications, send transactions, and reward network actors, is the platform’s own cryptocurrency.

At the time of writing EGLD is trading at $49.15 with a 24 hour trading volume of $37,296,069. In the last 24 hour EGLD has increased by 2.25% as per CMC.

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Sega To Build First Blockchain Based Games

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Sega To Build First Blockchain Based Games
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