The fact that Binance’s new Launchpool Nutron (NTRN) will operate on Cosmos triggered the ATOM price upwards.
Binance has included Neutron, a new one in its Launchpool projects. Exchange users will be able to obtain NTRN by staking the BNBs they hold. The fact that NTRN will be active in the Cosmos ecosystem directly benefited ATOM. ATOM, Cosmos’ native token, showed a performance of exactly 12 percent with the impact of the news.
Cosmos (ATOM) had the wind at its back with the NTRN effect!
NTRN, Binance’s new Launchpool, created a festive atmosphere in the Cosmos ecosystem. ATOM, which has been in a downward trend for a while, rose directly from $6.58 to $7.37 with the strength of the news. The popular coin, which recorded a total increase of 12 percent, finds buyers at $ 6.88 as of the writing of the news.
The critical point that must be crossed for the upward momentum on the ATOM side to continue is $7.57. If this resistance preventing ATOM in the short term is broken, the target levels will be 8,265 – 9,336 and 10,199 dollars, respectively. In the scenario of the decline starting, 6,305 – 5,882 and 5,564 dollars, respectively, can be observed as a buyer zone.
What is Neutron (NTRN)?
NTRN is a protocol that offers cross-blockchain application development opportunities. It enables you to produce and use DeFi – decentralized finance applications (dApps) cross-chain on Cosmos and using its security.
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