Bybit Launches Its First-Ever IDO on BNB Chain for Webcamp

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The first-ever Initial Decentralized Exchange (DEX) Offering (IDO) for WebCamp on the BNB Chain will be released by Bybit, the third-most-popular cryptocurrency exchange in the world. With this advancement, BNB Chain users will be able to communicate with one another and learn more about brand-new initiatives on the Binance Blockchain, ultimately boosting network activity.

With increased activity on the Binance network, BNB will either be exchanged as an asset or used to pay the network fee, increasing the likelihood that it will appreciate over time. The IDO is anticipated to be accessible between January 11 and January 18 on the new Bystarter platform controlled by Bybit, according to a tip from an insider. Web3Camp is a Quiz-to-Earn platform that offers learners anywhere the chance to add to the value of information.

Key Binance Coin Levels To Watch – January 10

A retest at the 240.0 demand zone has propelled the price into the 61.80% Fibonacci retracement level in the premium. Price is expected to fill up the sell orders therein and resume its trend in a downward direction.
Bybit Launches Its First-ever IDO on BNB Chain for WebCampThe price has been descending the crest since the 395.0 resistance. As the price declines, the resistance becomes stronger and more difficult to break successfully. If the 318.0 resistance is successfully broken, the market environment may shift to the upside by the moving average.

Binance Coin Key Levels

Resistance Levels: $395.0, $361.0, $318.0
Support Levels: $240.0, $220.0, $183.0

Total Market Capitalization: $858.28B
Binance Market Capitalization: $44.48B
Binance Volume: $0.44B
Market Rank: #4

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Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.