Review on Bancor by Mehdi hazni
bancor token
The currency ranked 74th on CoinMarketCap, and I was surprised to see that only 12 reviews before me were written about bancor because it is a popular project and I have heard its name many times.
The BNT currency, which is the currency of this project, is a token and is located on the ERC20 network, and in this regard, it can be said that bancor is one of the most successful projects on the ethereum network.
The number of users of this project on its social media pages is not very high and I expected more compared to being 74th. Because it has about 700 members on Twitter, about 5,000 on reddit and about 7,000 on Telegram.
The price of bancor has recently risen sharply, rising by about 600% in the last six months. If growth continues, the first major resistance to growth will be around $5.
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Pros
- It is currently ranked among the top 100 CMC currencies
- The upward trend seems to continue
Cons
- The relatively low popularity of its pages on twitter and reddit
