What Is Beam (BEAM)?

The $BEAM token, which sits at the core of the Beam network, is the native cryptocurrency used for transactions and smart contract interactions on the platform. $BEAM enables both asset transfers and more complex in-game interactions. This comprehensive system ensures efficient network operations and enhances the user experience in gaming environments.

Beam stands out with its strong emphasis on decentralized autonomous organization (DAO) governance. The network is governed by Merit Circle DAO, which was established in early 2021. This structure allows $BEAM holders to actively participate in governance and influence key decisions that shape the future of the Beam ecosystem.

Spot Trading Starts on Coinbase

According to Coinbase’s official announcement, spot trading for the Beam (BEAM) token will begin on December 16, 2025. This step will allow users to buy and sell BEAM directly, contributing to increased market liquidity.

Coinbase representatives stated the following:

“With the listing of Beam, investors will have access to more privacy-focused crypto asset options. Spot trading will begin on December 16, and our users will be able to buy and sell BEAM securely.”

This statement highlights that the listing will not only enhance Beam’s visibility on the platform but also create new opportunities for investors and positively impact trading volumes.

Evaluation

The listing of Beam on Coinbase is expected to significantly increase the token’s visibility and provide new opportunities for investors. As interest in privacy-focused cryptocurrencies continues to grow, BEAM is becoming a viable option for investors who prioritize data security. The launch of spot trading will strengthen the token’s market liquidity and support higher trading activity.

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Coinbase Opens a New Window of Opportunity for BEAM

Coinbase’s listing roadmap serves as an early announcement of tokens the exchange is evaluating for future support. Being added to this list means that a project has successfully passed preliminary assessments related to technical suitability, security, transparency, and regulatory compliance. BEAM’s inclusion sets the stage for closer monitoring by institutional investors.

Beam is known as a player-focused token project designed for Web3 gaming ecosystems, offering a highly scalable and fast infrastructure. BEAM provides strong tools for managing in-game assets, reward mechanisms, and on-chain user activity. Its appearance on Coinbase’s radar highlights the project’s potential.

What Is Beam (BEAM)?

Beam (BEAM) is a blockchain-based gaming network aiming to transform the gaming sector through decentralized technology. Managed by Merit Circle DAO, Beam provides an ecosystem that empowers developers and players to shape the future of the gaming industry. At the core of this network lies the Beam SDK, a modular software development kit that enables game creators to integrate blockchain technology into their games—offering a unique and seamless gaming experience.

The network’s native cryptocurrency, the $BEAM token, is used for transactions and smart contract interactions within the platform. $BEAM facilitates both asset transfers and more complex in-game interactions. This comprehensive system ensures the efficient operation of the network and enhances user experience in games.

BEAM’s Addition Sparks Excitement in the Community

Following the announcement, BEAM community members and market participants believe that interest in the project could increase. While inclusion in the roadmap does not guarantee an immediate listing, a large portion of assets previously announced in this manner eventually began trading on Coinbase. For this reason, investors are closely watching the probability of BEAM being included in trading pairs.

Coinbase statement:

“Asset added to the roadmap today: Beam (BEAM). We continue to transparently share projects with the community prior to listing.”

Coinbase’s Transparent Listing Process Gains Importance in the Industry

Coinbase’s roadmap strategy is aimed at reducing speculation and increasing user trust. This approach lets investors see which projects are under evaluation ahead of time, enabling them to adjust risk management strategies accordingly.

The inclusion of BEAM also reflects Coinbase’s growing interest in Web3 gaming infrastructure projects. Recently, institutional interest in gaming ecosystem tokens has been increasing, making projects like BEAM more visible.

Conclusion

BEAM’s addition to Coinbase’s listing roadmap is a strong development that enhances the project’s global visibility. This move not only raises expectations within the BEAM community but also signals broader support from exchanges for the Web3 gaming ecosystem. If the process moves forward positively, BEAM could eventually start trading on Coinbase—bringing increased liquidity and access to a wider user base.

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The post Coinbase Adds a New Altcoin to Its Listing Roadmap! appeared first on Coin Engineer.

Bitcoin Intraday Key Levels

The BTC/USDT pair has lost 0.30% in value over the last 24 hours and is currently trading at $94,962. Bitcoin (BTC) is hovering around the previously mentioned $94,700 area, and if it rises again, the resistance level will be $97,362. The support levels are $94,700 and $93,138, respectively.

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Ethereum (ETH): The ETH/USDT pair has lost 1.56% in value in the last 24 hours and is currently trading at $3,334. The resistance levels for ETH are first $3,440, and later $3,535. The support levels are $3,290 and $3,217.

FTX Token (FTT): The FTT/USDT pair has gained 13.81% in value in the last 24 hours and is currently trading at $3.24. The resistance levels for FTT are $3.57, followed by $3.81. The support levels are $3.16 and, in case of a deeper decline, $2.96.

Chainlink (LINK): The LINK/USDT pair has gained 2.15% in value in the last 24 hours and is currently trading at $23.08. The resistance levels for LINK are first $23.36, and later $24.53. The support levels are $21.55 and, if the decline deepens, $20.01.

Beam (BEAMX): The BEAMX/USDT pair has lost 0.24% in value in the last 24 hours and is currently trading at $0.0276. The resistance levels for BEAMX are $0.0286 and later $0.0314. The support levels are $0.0263 and, if the decline continues, $0.0218.

Trending Coins

The most trending coins in the last 24 hours in the crypto market are Hyperliquid (HYPE), LIMITUS (LMT), and Pudgy Penguins (PENGU). The biggest gainers are Frax Share (FXS), Moca Coin (MOCA), and Zcash (ZEC). On the list of the biggest losers, you can find Hyperliquid (HYPE), Zerebro (ZEREBRO), and Fartcoin (FARTCOIN).

Bitcoin Liquidation Map

Looking at the 12-hour liquidation map for Bitcoin, the prominent liquidation on the upper side is at $97,235 with $33 million. On the lower side, there is a noticeable liquidation at $93,573 with $46.8 million.

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Specifically, the trading volume for the BEAM (BEAM) altcoin surged to $63 million in a four-hour period, marking an impressive increase of 212.77%. However, during the same timeframe, BEAM‘s volume on Binance decreased by 39.80%, falling from an average of $6 million to $4 million​.

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LayerZero (ZRO) has also emerged as another noteworthy token; its trading volume on Upbit experienced a remarkable increase of 365.80%, rising from an average of $41,000 to $190,000 in a one-hour timeframe. In contrast, Binance showed a more moderate increase, with its volume growing from $97,000 to $141,000​.

Bounce Token (AUCTION) saw its trading volume on Upbit rise dramatically by 246.49%, increasing from an average of $3,000 to $11,000 in just one hour. However, on Binance, the volume fell by 56.76%, dropping from $4,000 to $2,000.

Similarly, other altcoins like Theta Fuel (TFUEL) and Stargate Finance (STG) followed this trend. TFUEL‘s volume on Upbit surged by 339.14%, reaching $2 million from $418,000, while its volume on Binance slightly decreased from $488,000 to $471,000. Meanwhile, STG increased by 165.54% on Upbit, climbing from $137,000 to $363,000, but saw a decline of 19.60% on Binance, falling from $175,000 to $140,000.

These figures once again highlight the significant impact of fluctuations in South Korea’s cryptocurrency market​.

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Recently, the crypto world has seen a wave of new listing announcements, particularly from Korean exchanges. These exchanges, which are continuously growing, significantly impact coin prices with their announcements. Just hours ago, another South Korean exchange, Upbit, announced the listing of SAFE coin, causing its price to rise quickly.

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Now, another major South Korean exchange, Bithumb, has announced that it will list BEAM and AUCTION coins.

The BEAM token will begin trading in Bithumb’s Korean Won (KRW) market starting at 12:30 PM on October 24, 2024. The token will only be supported on the Ethereum network and will not be supported if sent through any other network.

As for the AUCTION token, it will start trading half an hour later, at 1:00 PM, and it will also only be supported on the Ethereum network.

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Important Information for BEAM Trading on Upbit

Upbit, one of South Korea’s leading cryptocurrency exchanges, has announced its intention to list the new digital asset BEAM. This announcement has sparked excitement within the cryptocurrency community and ignited discussions about BEAM’s future potential. Upbit’s decision to support it trading in KRW, BTC, and USDT markets indicates that this new asset will engage with a wide range of investors interested in BEAM. However, users should be mindful that it may be listed under a different abbreviation, BEAMX, on other exchanges, while on Upbit, the original contract address for the token is stated as 0x62D0A8458eD7719FDAF978fe5929C6D342B0bFcE. These details are crucial for user security and ensuring accurate transactions related to BEAM.

It’s noteworthy that during the launch of BEAM, both buy and sell orders will be subject to specific limitations for a certain period. Affecting the initial trading experience of BEAM enthusiasts. Led by DAO Merit Circle, aims to revolutionize the gaming industry as a blockchain project. Leveraging the BeamNetwork designed on the Avalanche subnetwork, it seeks to create a rich blockchain gaming ecosystem that appeals to gaming enthusiasts and investors interested in this token. With the easy integration of Beam SDK and the inclusion of Sphere, an NFT marketplace specifically tailored for BEAM, the project aims to facilitate the trading of game assets and accelerate advancements in this field. These exciting developments underscore the dynamics of the cryptocurrency world and highlight the future role of it as an innovative player in both gaming and blockchain technology.

About Token

It is a blockchain project related to gaming, led by DAO Merit Circle. It aims to create a rich blockchain gaming ecosystem using the BeamNetwork designed on the Avalanche subnetwork.

Beam SDK facilitates easy integration between games and the BeamNetwork and includes Sphere. An NFT marketplace for trading game assets.

The post BEAM will be listed on the Korean Bitcoin Exchange! appeared first on Coin Engineer.

Theta Network  %12.17

The THETA/USDT pair has lost 12.17% value in the last 24 hours, trading at 1.92$. The resistance levels for THETA are first $2.60, then $3.09. The support levels are $1.67 and if it’s below this region, the level is $1.49.

World Coin %7.43

The WLD/USDT pair has lost 7.43% value in the last 24 hours, trading at 7.16$. The resistance levels for WLD are first $7.95, then $9.26. The support levels are $7.12 and if it’s below this region, the level is $6.26.

The post Most Declining Coins | Coin Price Analysis! appeared first on Coin Engineer.

Crypto Market Analysis

SEI Analysis:

SEI has been earning its investors for a few days. Currently trading at $0.97 according to TradingView data, SEI’s support and resistance zones are $0.8 and $1.

BEAM Analysis:

According to TradingView data BEAM currently trading at $0.031. Resistance level of BEAM $0.033 and support level is $0.027.

DYM Price Analysis:

As SEI and BEAM, DYM is also the standout cryptocurrency on the market. DYM currently trading at $8.24 according to TradingView. It was published on Binance on 6 February. DYM started trading at $0.2 in 9 days DYM rose about 4020%. DYM’s resistance level is $8.7 and support level is $7.8.

PYTH Price Analysis:

Yesterday PYTH stayed bullish and rose about 6%. Today PYTH investors realising their earnings and cryptocoin is down 2.7%. Resistance for PYTH is 0.68$ and support level is 0.6$.

DIA Price Analysis:

The past week has been a rollercoaster for DIA. Today, it rose 3 percent and earned its investors. While the support level in DIA is 0.43 dollars, the resistance level is 0.49 dollars.

With Bitcoin exceeding $52,000 and money flowing into the market, altcoins are on the rise. However, a possible bad data in the market may also lead to declines in all cryptocurrencies, especially Bitcoin.

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1. BEAM (BEAM) Price Analysis: Will Privacy-Focused Rise Continue?

BEAM, a privacy-focused cryptocurrency, has garnered attention lately. Its price currently sits around $0.29. While it saw a 20% increase in the past month, analysts are more cautious about the long term. Given the uncertain future of privacy coins, BEAM might experience sideways movement in the coming days.

2. PEPE Coin (PEPE): Is the Meme Coin Rally Deflating?

Inspired by the internet phenomenon Pepe the Frog, PEPE Coin is a colorful figure in the meme coin scene. Its price currently trades at $0.000012. Waning investor appetite has led to PEPE Coin’s recent price dip. Analysts suggest its price could fluctuate in the short term, depending on the overall meme coin market sentiment.

3. Helium (HNT): Will the IoT Crypto Shine?

Helium (HNT) powers a decentralized network protocol for the Internet of Things (IoT). Its price currently sits around $2.70. Despite a 90% price drop in the past year, some believe Helium holds long-term potential. As IoT technology advances, Helium might see its value rise alongside it.

The post BEAM, PEPE and HNT Price Analysis (February 13, 2024) appeared first on Coin Engineer.