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news-imageJuly 25, 2024

Bancor (BNT) down 7% but still 56% up over the year as Carbon DeFi gains traction

Bancor (BNT) has recently faced a notable decline in its price, slipping by 7% in the past 24 hours to a current value of $0.5829. Despite this short-term downturn, the token remains resilient, demonstrating a remarkable 56.6% increase over the past year.
Publisher: Invezz
Sentiment: Neutral
BNT

More News Articles

Positive
cover-imageInvezz
October 9, 2023

Bancor (BNT) price surges over 50% on Upbit's massive accumulation

In the midst of a relatively stagnant weekend for the cryptocurrency market, Bancor (BNT) has emerged as a standout performer, with its price surging by more than 50%. This remarkable price rally can be attributed to significant developments within the Bancor ecosystem and notable crypto whale accumulation.

Positive
cover-imageUToday
October 9, 2023

Bancor (BNT) up 48%, Here's Possible Reason

There is an ongoing onslaught in the digital currency ecosystem today, as marked by the more than 0.30% drop in combined market capitalization, which is now pegged at $1.09 trillion. Amid this rout, decentralized finance (DeFi) protocol Bancor (BNT) is shining brightly, with its price up by more than 48% to $0.6201.

Negative
cover-imageTokenpost
May 18, 2023

Investors File Class-Action Lawsuit Against Bancor Alleging Misrepresentation and Unregistered Security Offering

A class-action lawsuit has been filed by a group of investors against the decentralized autonomous organization Banco and its operator BProtocol Foundation, along with the founders, in the United States District Court for the Western District of Texas. The investors allege that Bancor misled them regarding its impermanent loss protection (ILP) mechanism for liquidity providers and operated as an unregistered form of security.

Negative
cover-imageAltcoin Buzz
June 22, 2022

Is Bancor the Next Domino to Fall?

Bancor Protocol is one of the pioneers in the Automated Market Maker (AMM) space. It created the first-ever AMM – omnipool, which requires all tokens to be paired against their native token, $BNT.

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