Crypto Burger: a brand new cryptocurrency recently included into the list of digital assets. This new creation of its kind – BURGER token has attracted interest from investors and crypto users in a short time. Crypto Burger’s current price stands at $0.0121732 and this is a digital currency that has gained 17.65% in the last one day, indicating its potential to have a high growth.
The current market capitalization of Crypto Burger is $17,324 ranking it at #5534 among all cryptocurrencies. What may be seen as small is still is early phase, and there is room for large multiples of the current value. Comparing it with the previous week it has listed an incredible trading volume of 24hrs at $2,502 which has increased by 422.10%.
Yet another important feature of Crypto Burger which causes a number of controversy is its incredible amount. The circulation, total, and the maximal number of BURGER tokens equal 100 000 000 000 000 000, and it is being self-reported by the project’s team, which clearly indicates its desire to distribute the tokens to as many users as possible. Another result of such large supply is that the token price for this cryptocurrency is relatively low for every coin, which makes the investment in the cryptocurrency sensitive to those who look for coins with the highest growth rate.
Crypto Burger’s fully diluted market cap is equal to its current one at $17,324, which means all tokens are already in circulation. This transparency in token distribution may be viewed to as a plus for potential investors because of reduction of future dilution of value of tokens.
The volume to market cap ratio of 14.44% reveal that Crypto Burger enjoys a good level of trading activity for a company of its market capitalization. This is a measure of the liquidity and demand for that particular cryptocurrency and by considering Crypto Burger’s value we can understand that this token garnered some level of trading interest as soon as it entered the market.
It is difficult to assign specific and sharply defined goals and prototypes of the project’s operation due to the lack of such information; nevertheless, the very title of Crypto Burger can be considered as jocular, which may pinpoint to the food industry. It may be that the project simply might be related to the use of cryptocurrency in the food industry or it may just be that the creators wanted to come up with a title that stands out in a crowded marketplace.
Like with every other emerging digital currency, investors should be extremely careful when investing and do their homework when it comes to Crypto Burger. Such huge jump in the prices and the corresponding increase in the trading volume of the last 24 hours could be suggestive of increased interest but as we know the price movements this rapid could be accompanied with higher volatility.
Given the low price and a high number of tokens in circulation, this crypto could attract investors who are interested in digital coins with an opportunity to increase their value several times. But it is important to learn more about the project, team, and some features and potential of the technologies used as well how sustainable the project is.
With the increased developments within the cryptocurrency market a new entrant to this market is the Crypto Burger, thus making it possible for the investors who are ready to take greater risks in the investment business. The further weeks and months will show whether Crypto Burger can continue their growth and become an influential representative of the crypto market.
Those interested in tracking the Crypto Burger position should pay attention to its standings, followers, and statements or updates on their part. Thus, like with every cryptocurrency, being constantly updated and aware of the common and specific risks that involve the market is crucial and fundamental.
Combined, it can be concluded that Crypto Burger is a worthy candidate in the field of cryptocurrencies and is suitable to be a player in this market. Recent month’s price and volume indicate growing public interest, however, as in any investment especially in this relatively nascent and unpredictable world of cryptocurrencies, this is important and should be carefully researched and considered. Given the evolution of the project and the appearance of additional information, it will be fascinating to watch how Crypto Burger will adapt and act within the framework of a dynamic and often fractious industry of digital assets.
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