CBDAO (BREE) Price Jumps An Enormous 480% — Where Can You Buy it?

CBDAO’s recent price action in the last 24 hours has seen its market cap value rise to $160,412.

CBDAO has remained largely inactive since its launch in August 2020 &- seeing its price decline from a high of $51. Now after months of sideways price action where the coin has been trading for in and around $1, the coin looks to be experiencing greater volume.

According to Coinmarketcap, the project aims to offer a “Decentralized Autonomous Organization (DAO) sandbox for researchers, developers, and users to experiment and proof-test various decentralized consensus protocols on DAOs.”

The coin appears to have been subjected to a series of pumps and dumps over the last couple of days, which could present profitable opportunities for savvy traders.

Where to buy CBDAO

eToro

eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.

CedarFX

CedarFX is an eco-conscious broker offering 0% commission trading on 170+ assets, including Forex, Cryptocurrency Pairs, Stocks, Indices and Commodities. With up to 1:500 leverage, no-fee transactions and low spreads, traders can make the most of their funds. CedarFX also offers an Eco Account option to support tree planting and sustainability projects.

What makes CBDAO possibly a good buy right now?

CBDAOs current circulating supply may make it enticing for some investors. With around one million coins currently in circulation and a total planned supply of around 10 million coins, the circulating supply will increase tenfold.

This means that although this could cause inflation for the coin and thereby decrease price, if the coin manages to see enough adoption, this could stabilise and give early investors a big advantage.

The post CBDAO (BREE) Price Jumps An Enormous 480% — Where Can You Buy it? appeared first on Coin Journal.

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