Let's talk about whether RARE coin will continue to rise!
First understand this token:
The full name of RARE coin in English is SuperRare. In fact, SuperRare is a market that focuses on collecting and trading unique single-edition digital artworks. As we all know, the NFT market has been very popular in recent times, and RARE coin, as the token of the NFT sector, has also developed very well recently. In SuperRare, each piece of art is truly created, and all users can own or trade these special artworks here.
The current price of RARE is 1.8, and today's increase is +63.5%, and the 24h transaction amount is 110 million. The current circulation market value of RARE is ¥1.2 billion, the total supply of RARE is 1 billion RARE, and the current market circulation is 700 million RARE.
The NFT market has recently returned to prosperity driven by Trump's NFT, and at the same time has driven the growth of the transaction volume of the SuperRare trading platform. As a platform currency, RARE needs to charge RARE coins as a handling fee while the transaction volume increases, which greatly increases the transaction volume.
From the end of July to mid-August, Trump brought a lot of heat to the cryptocurrency circle, and the opportunity for speculation is now at a high level. It is reasonable to wait until after the November election and then ambush. It is recommended to start below 1.2.
