13 Aug Is BDX a good investment?

In addition, when you sign up, you will be rewarded with free Bitcoin worth INR 100. When trying to make a Beldex forecast, many traders also try to monitor the activity of BDX “whales”, which are entities and individuals that control large amounts of BDX. Since the Beldex market is relatively small compared to traditional markets, “whales” can single-handedly have a big influence on Beldex’s price movements.

This calculation shows how much cryptocurrency can cost if we assume that its capitalization will behave like the capitalization of some Internet companies or technological niches. If you extrapolate the data projections, you can get a potential picture of the future Beldex price for 2022, 2023, 2024, 2025, 2026, and 2027. Some traders try to identify candlestick patterns when making cryptocurrency price predictions to try and get an edge over the competition. Some candlestick formations are seen as likely to forecast bullish price action, while others are seen as bearish.

How much will be Beldex in 2027?

The price of Beldex decreased by -32.83% in the last 1 year, while the coin’s 3-year performance is -16.37%. The current Beldex sentiment is neutral according to our technical analysis. ⚠ Trading cryptocurrencies involves risk, and may not be suitable for all investors. https://cryptolisting.org/coin/bdx Cryptocurrency prices can be volatile and unpredictable, and may be influenced by various factors, including market manipulation, regulatory changes, and technological developments. The price of Beldex will increase as more investors get involved in the project.

• Beldex was last seen at $0.048, with a market cap of $256,551,188 and trading volumes of $5,184,898.
• Moving averages are a lagging indicator which means they are based on previous price action.
• If you are new to crypto, use the Crypto.com University and our Help Center to learn how to start buying Bitcoin, Ethereum, and other cryptocurrencies.

Beldex’s current price is $ 0.048, it has increased +4.64% over the past 24 hours. This is the real-time data fetched from our partnered price aggregators. At the moment, you are looking at the conversion of 5000 BDX when 1 BDX is valued at 3.97 INR. Since prices change often, it is recommended you come back to this page again to check the updated conversion value again. Beldex is a fork of Monero, a privacy-oriented service popular for its anonymity and untraceability among crypto investors preferring private coins.

What are the best exchanges for buying and selling BDX?

Market Capitalization is the overall value of all coins/tokens that have been mined or issued until now and are in circulation (not locked). Beldex has partnered with DefiYield, a DeFi protocol that offers yield farming and other financial instruments. The integration of BDX into the DefiYield ecosystem opens up new opportunities for users to utilize their BDX tokens and generate additional returns. The token burn mechanism promotes the value increase of the remaining tokens. Decentralized governance gives token holders a say in important decisions.

No part of the website content that we provide should considered as financial advice, legal advice or any other form of advice meant for your investment. You should conduct your own research and do proper analysis before investing in any cryptocurrency. Trading is a highly risky business, please consult with your financial advisor before making any decision. The absolute theoretical maximum number of coins/tokens that is coded and will ever exist in the cryptocurrency’s lifetime.

Beldex Price Prediction 2023

Overall, the tokenomics of Beldex offers opportunities for users to benefit from potential value increases and actively contribute to the project. The distribution of tokens is allocated to the team, the staking program, partnerships, and marketing activities. Beldex offers rewards and incentives for users participating in the network. Another important aspect is Beldex’s potential to gain significant market share in countries with strict data protection regulations and high demand for privacy.

• Supply, total supply, historical statistics, etc., and get updates on Beldex price in real-time on CoinStats, one of the best crypto platforms around.
• Traders also like to use the RSI and Fibonacci retracement level indicators to try and ascertain the future direction of the BDX price.
• This type of investment is not suited for those with an asymmetric risk profile.
• These are the project’s quantitative metrics of its official Reddit account that can be used to trace regular or artificial Social activity & growth within the project.
• There are several unique reasons why the Beldex project could represent a promising investment opportunity.

Check the current Beldex price, 24-hour trading volume, market capitalization, market cap rank, current circulating supply, max. Supply, total supply, historical statistics, etc., and get updates on Beldex price in real-time on CoinStats, one of the best crypto platforms around. Just like with any other asset, the price action of Beldex is driven by supply and demand.

Historical Data for Beldex

The average price of Beldex (BDX) might go to $0.058 by the end of this year. If we estimate the five-year plan, it is estimated that the coin will easily reach the $0.25 mark. The trend and price charts for the past week shows that Beldex BDX has gained 17.85% to INR and over the past 24 hours, Beldex BDX has gained 4.92% to INR . The BDX token protects the users’ privacy in the Beldex ecosystem, enabling privacy in messages, transactions, browser usage, and IP location. Beldex is a privacy coin that provides a private ecosystem through decentralized applications.

Positive correlation means that these coins commonly trend in the same direction at the same time. The Relative Strength Index (RSI) momentum oscillator is a popular indicator that signals whether a cryptocurrency is oversold (below 30) or overbought (above 70). Currently, the RSI value is at 58.37, which indicates that the BDX market is in a neutral position. The price of Beldex is currently above the 50-day SMA and this indicator has been signaling BUY for the last 1 days, since Jun 08, 2023. Beldex’s value is expected to continue to expand, as shortage tends to encourage price rise. Just invest in what you can accomplish before coming to any conclusions and conduct the maximum research possible.

Beldex traders use a variety of tools to try and determine the direction in which the BDX market is likely to head next. These tools can roughly be divided into indicators and chart patterns. Based on multiple technical quantitative indicators, the current forecast for Beldex in 2023 is Neutral.

In addition, users can use confidential addresses that are not linked to their public addresses to further increase their anonymity. Beldex is known for its emphasis on privacy and offers a range of privacy-first decentralized applications (DApps) within its ecosystem. These include BChat, BelNet, Beldex browser, the Beldex privacy protocol, and the Beldex bridge.