BurgerCities ($BURGER ) is a cryptocurrency that integrates decentralized finance (DeFi) and non-fungible tokens (NFTs) into a metaverse ecosystem. Here's an overview of its current market performance and key considerations:
Market Performance:
All-Time High: BURGER reached an all-time high of approximately $29.00 on May 3, 2021, indicating a significant decline of over 98% from that peak.
All-Time Low: The token's all-time low was around $0.2555 on August 5, 2024, showing a recovery of about 80% from that point.
Trading Volume:
The 24-hour trading volume is approximately $13.56 million, reflecting active trading and liquidity.
Supply Metrics:
Circulating Supply: Approximately 59.86 million BURGER tokens are in circulation.
Maximum Supply: The total supply is capped at 63 million BURGER tokens.
Investment Considerations:
Volatility: BURGER has exhibited significant price volatility, with substantial fluctuations over short periods.
Market Sentiment: The cryptocurrency market is highly influenced by investor sentiment, regulatory developments, and technological advancements, all of which can impact BURGER's value.
Project Developments: Staying informed about BurgerCities' roadmap, partnerships, and technological updates is crucial, as these factors can affect the token's performance.
Conclusion:
Investing in BURGER presents opportunities alongside considerable risks due to its historical volatility and the dynamic nature of the cryptocurrency market.
Potential investors should conduct thorough research, assess their risk tolerance, and consider consulting financial advisors before making investment decisions.