The market of cryptocurrencies has recently received a new member which has created rather a lot of interest among blockchain fans. Crypto Burger which goes by the symbol BURGER has hit the market running proving that it has what it takes to perform and deliver in the market. This new entrant to the Crypto menu has quickly attracted the attention of many, given its stellar performance and themes of debate as to its role in the world of cryptocurrencies which is constantly evolving.
In its first appearance in the market, BURGER token has not disappointed, with the token surging by 71.20% in the last 24 hours. Such a rapid increase has put BURGER in the limelight, which has become one of the most discussed topics in the crypto community. Today, with the rate of 1 USD = 0.0126059 TNC, the token has already shown high volatility typical for most recently launched coins.
Crypto Burger has a market capitalization of $ 60,591, which puts it at #3839 in the global cryptocurrency list. Although this may look small compared to other competing giants in the industry, it can be considered a great achievement for a token that is just entering the market. The trading volume has slightly increased in the last 24 hours, having traded $59,909, which shows a great interest in BURGER and its activities.
Perhaps one of the most interesting things about Crypto Burger is its token distribution. The project claims to have a circulation of 100,000,000,000,000,000 BURGER which is also the total and maximum supply. Such a huge stock, indicates that the developers of this BURGER may be planning to reach as many customers as possible and make it easily accessible. At the same time, it should also be noted that the presence of such a massive amount can affect the further price increases of the token and its appreciation.
BURGER’s fully diluted market cap equals its current market cap at $60,591, meaning that all tokens are circulating in the market now. Such transparency in distribution of token can be viewed by some investors as positive factor due to removal of future dilution.
Crypto Burger having shot to stardom in such a short span has created interest in the underlying project and its sustainability. Like with any new coin, the potential investors ask more about the team behind BURGER, the technology behind it and the use cases the project has in mind. Although more specific information may yet to be disclosed, such performance will at least awaken the public’s interest in the project that backs the token.
Much has been said and written by the members of the cryptocurrency community regarding the potential of BURGER. Some enthusiasts liken Crypto Burger to other food-centered cryptocurrencies that have emerged in recent years wondering if the same could happen to Crypto Burger. Some are more conservative, calling for more research and rigor before risking money on any new coin or token.
Like any other cryptocurrencies and especially the newly launched ones it’s important for investors to invest in BURGER with an open mind. The huge growth numbers seen in its nascent stages are undeniably compelling but are also not without their dangers. The crypto market is rather unpredictable during the first months and years of any new tokens’ existence, and they can fluctuate by both ups and downs.
As for future outlooks, this success will largely depend on several factors for Crypto Burger. These include the strength of its community, how clear the project’s roadmap is, how useful the token is within the ecosystem, and the general market climate. That is, the more information an investor acquires about the aims of the project, as well as its further evolution, the better his decision making will be.
It also shows that the cryptocurrency space is still developing and full of new and unique concepts such as Crypto Burger. Innovation remains vibrant and new entrants, therefore, come to the market with a new strategy and proposition. This stream of new concepts is beneficial insofar as it contributes to the perpetually evolving landscape of the crypto market and offers investors a virtually limitless number of choices.
Seeing that BURGER is growing in the crypto world as a reminder of how fast the world of cryptocurrencies is evolving. Tokens can get to popularity within a short period of time, and interest them traders and investors. However, to maintain that kind of momentum and create value that is incremental and enduring, consistent with the concept of the first web, more than mere hype is needed.
In conclusion, Crypto Burger has literally ‘opened’ the Crypto burger with quite the bang and is most definitely a token to follow in the Crypto markets. Some would laud its performance in the early years and talk about its possibilities. When new information about the project appears and as the project progresses, the crypto community will be watching the development of BURGER. Whether it will be an essential part of people’s diet in the world of digital currencies or will simply disappear from the menu remains to be seen, but as of now, Crypto Burger brought some spice to the crypto world.
