Over the last several years, Bitcoin has become mainstream, bringing altcoins, NFTs, and all other forms of cryptocurrency into the spotlight. Indeed, the FOMO has begun to set in, with investors and major institutions piling in. One recently launched cryptocurrency gem is MoonX to help crypto management and adoption easier for everyone.
What is MoonX?
MoonX is a hyper-deflationary utility token that will revitalize the BSC space and unite the crypto community in this single “journey to the moon.” MoonX’s anti-gravitational auto-burning feature is intended to boost its token value over time. That’s because 2% of all trading volume goes towards automatically burning MoonX tokens, which helps to stabilize and bolster the floor price. Beyond the token though, MoonX is developing an all-in-one platform to help users manage their portfolio even across different chains and networks, making the journey easier for novice and experienced investors.
The upcoming platform will include all your investments, sales, news, and complete crypto tools in one location, so you can easily track, monitor, and manage your portfolio while identifying new investment opportunities.
The team behind MoonX brings with it professional experiences including work in the TV/film industries (on series like XFactor and Britain’s Got Talent), software development, media branding (with companies like Amazon and eBay), video editing, and business incubation. This group of like-minded individuals combines their many years of experience in cryptocurrency and business development to work through each stage of their ambitious roadmap.
MoonX’s Vision for the Future
The MoonX team intended to create a new cryptocurrency and ecosystem that would give a haven for investors in an industry that is sometimes difficult to enter for non-crypto natives and filled with rug pulls.
MoonX aims to provide an all-in-one platform for cryptocurrency investments, as well as different features to ensure the safety and security of everyone’s assets. One solution they plan to implement is a cross-chain monitoring dashboard so you can check everything from your ERC-20 tokens to BEP-20, Polygon investments, and more.
Normally, checking tokens across chains is time-consuming and perplexing. MoonX wants to create a centralized dashboard where investors can connect their wallets and see everything vital about their investments, including price activity, updates, and news!
Managing a portfolio is only one part of the investment equation; selecting suitable projects to invest in is the other. To reduce the danger of bad actors, participation in MoonX’s platform will involve KYC from developers and token deposits. As a result, if there are any issues with a token launching on the platform, there will be funds available to assist investors in recovering some of their losses. The KYC procedures will also provide legal recourse which is often unavailable since many development teams typically operate anonymously.
MoonX wants to give solutions for developers in addition to resources for investors. MoonX’s platform, in particular, will provide escrow services for vendors working with developers to ensure services are correctly performed before payment is remitted. For example, suppose you hire a smart contract developer. In that case, MoonX will act as an intermediary to protect both parties against non-payment and non-delivery.
The result is a secure ecosystem in which developers can get the resources they need for their projects to flourish. At the same time, users can invest their hard-earned funds into new projects without having to worry about getting the rug pulled underneath them.
For The Project
The MoonX token is backed by a professional team that’s already begun delivering on its ambitious roadmap. Its momentum is quite impressive too with listings on CoinMarketCap and CoinGecko, as well as an upcoming LBank listing. In less than a month, MoonX went from launching at a $250,000 market cap to hitting an all-time high of $1,900,000 (an almost 8x return for early investors). Currently, it sits at $0.32 per token with a market cap of $1,345,209.
Hear Me & Rejoice⚡
You have been given the right to buy #MoonX NFTs in collaboration with @BurningMoonBSC.
You will now become the Children Of MoonX and MoonX will Make Crypto Safe Again.
The time to Put an End to All Scams Is Near.
Take Part in The Revolution 💯#NFTs pic.twitter.com/zahz0IOkcc
— MoonX (@MoonX_Bsc) November 1, 2021
They’ve also just announced their partnership with BurningMoon for an upcoming NFT collection, which shows the pace and follow-through of the team in delivering on its promises. Of course, time will tell how well the project performs but it’s one worth keeping an eye on, especially as BSC and crypto continue to flourish.
Notice: Information contained herein is not and should not be construed as an offer, solicitation, or recommendation to buy or sell securities. The information has been obtained from sources we believe to be reliable; however, no guarantee is made or implied with respect to its accuracy, timeliness, or completeness. Authors may own the cryptocurrency they discuss. The information and content are subject to change without notice. Visionary Financial and its affiliates do not provide investment, tax, legal, or accounting advice.