Avalanche has lots of hidden crypto gems.
➡️Join this channel to get access to perks:
https://www.youtube.com/channel/UCjemQfjaXAzA-95RKoy9n_g/join
➡️Come trade with us on Blofin, where whales are made:
https://partner.blofin.com/d/DiscoverCrypto
➡️Level up your crypto tax game with Decrypted Tax. Get 25% OFF expert guidance & personalized care –
Protect Your Crypto in Cold Storage:
💳 Safepal Wallet ➡️
📲 Follow the OFFICIAL Discover Crypto Socials:
Twitter (X):
Tik Tok:
➡️Trade Bitcoin on Fairdesk –
📚 Learn more about crypto ➡️
➡️Join the Discord:
●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬●
All of our videos are strictly personal opinions. Please make sure to do your own research. Never take one person’s opinion for financial guidance. There are multiple strategies and not all strategies fit all people. Our videos ARE NOT financial advice. Digital Assets are highly volatile and carry a considerable amount of risk. Only use exchanges for trading digital assets. Never keep your entire portfolio on an exchange.
#avax #bitcoin #ethereum #crypto #altcoins
Avalanche has climbed the ranks to Become the 10th largest cryptocurrency In the world in today's video I'm going To revisit a project we first mentioned Over 3 months ago if you bought then You're up 3x but I think we're still Early to this hidden gym I'm talking About Ben key protocol let's see what it Has to offer my name is Dey welcome to Discover Crypto bin key or key is a D5 project on The Avalanche blockchain today we're Diving into the ways b key is Revolutionizing access to decentralized Finance leveraging The Cutting Edge Capabilities of the Avalanche blockchain If this sounds interesting to you be Sure to hit that like button and stick Around until the end where I give you my Price prediction for Ben key but first What is Ben key it's a decentralized Non-custodial liquidity Market protocol If that sounds like a mouthful just Think lending borrowing and earning Interest on your crypto assets it does This by utilizing smart contracts to Create an open and transparent Financial Ecosystem where anyone with an internet Connection can participate without the Need for a traditional bank account Through its platform binki enables users To interact with their Assets in a Secure environment providing the Critical infrastructure but what sets
Beny apart in the defi space first we Have lending and borrowing beny's Lending and borrowing feature is a Cornerstone of its ecosystem enabling Users to unlock more potential from Their crypto Holdings by offering a a Platform where users can easily lend out Their crypto to earn interest or borrow Against their assets Binky addresses a Major need for Financial Solutions in Defi second we have liquid staking Liquid staking on Binky allows avax Token holders to stake their assets and Receive sa avax in return maintaining Liquidity while earning staking rewards This functionality not only enhances the Utility of staking in the defi ecosystem But also ensures that users can stay Liquid and participate and other Investment opportunities without missing Out on the benefits of staking and Lastly we have ignite ignite is Binky's Latest offering and it's redefining Network participation that's always been A problem for any chain cuz no one wants To vote or get involved they just want To hoddle and sell at a later date but Ignite lets users run Avalanche Validators or subnets contributing to The network security and Decentralization this addition not only Broadens the scope of Binky's platform But also gives users the tools to Support the Avalanche ecosystem
Avalanche whales and Maxis will love This feature having Cutting Edge Technology is a crucial First Step but The true measure of success in a Decentralized finance space comes from Adoption and utility so is Binky adopted And actually used very much so the binki Ecosystem has been embraced by over 100,000 users with around a half a Billion in value locked you can see the Confidence and Trust of the users and Investors on its platform and both these Numbers look likely to go up due to the Over 50 Integrations with other projects And platforms through these Collaborations Binky should be able to Grow its user base with a more Interconnected experience for the users Now let's do a price prediction I know That's why a lot of you are here so what We're looking at right here is the daily Chart on key and you can see a very nice Trend line form on the top of some Wicks The B's price were to hit that trend Line you see right there today it would Put the price right around 4 cents with Currently trading a little above two Pennies that's almost a 2X staring you Right in the face of course this is Dependent on bitcoin not fall into 50k Or lower in which case most alts will Struggle to perform but Binky's market Cap was above 250 million when it was Trading at 20 and it's currently only
Around 100 million so a 2X feels Conservative to me in the Long Haul so As defi continues to evolve B's approach To lending borrowing staking and Governance redefines what we can expect From decentralized Finance for those Interested in this project be sure to Check out the daps on their website and Follow their socials to stay up to date On advancements made in the Banky Ecosystem that's all I got my name is Dey from discover crypto we'll see you In your Avalanche bags at the Top
