BAND has gone from $2 to $9 in the past month. BAND, which is progressing steadily in the market, started to accelerate its rise at the beginning of the week.
Band Protocol (BAND), which entered the market with the support of Binance Launchpad last year, continues to grow with the support of names such as Spartan Group. BAND has been attracting attention in the crypto money world in the last month. While it was trading at $2 in July, it rose to $9.76 today.
Why Is BAND Soaring?
Many different reasons can be listed for the rise of BAND. But we can list the two most important reasons as follows;
- Listed on Coinbase Pro
Coinbase Pro announced on August 6 that it will soon add BAND to its exchanges. The announcement of the Coinbase team was as follows:
“From August 10, deposits will begin for BAND-USD, BAND-BTC, BAND-EUR and BAND-GBP. During this time, trade orders cannot be entered. If sufficient liquidity is formed; The next day, buying and selling transactions will also be opened.”
Band Protocol also attracted attention with the partnership news it announced recently. Elrond CEO Beniamin Mincu issued an announcement on August 4. Mincu announced that they have started collaborating with Band Protocol. This announcement of Elrond, which is supported by Binance Labs and has a market value of $ 310 million, also positively affected Band Protocol.
What Experts Say
Cryptocurrency analysts express their positive thoughts about BAND. Scott Melker,You’ve been investing in BAND for months.” and BAND’s “is one of your favorite coins” he says.
$BAND is getting a proper coinbase listing pump.
One of my favorite assets and bags for months.
I’m happy.
— The Wolf Of All Streets (@scottmelker) August 5, 2020
Crypto Michael, whom we know as Michael van de Poppe on social media, is now BAND. “It has risen to a whole other level” He made a positive statement.
$BAND is on a different level.
— Crypto Michaël (@CryptoMichNL) August 8, 2020