{"id":5145,"date":"2023-10-10T18:19:01","date_gmt":"2023-10-10T18:19:01","guid":{"rendered":"https:\/\/coinengineer.io\/blog\/?p=5145"},"modified":"2023-10-10T18:19:01","modified_gmt":"2023-10-10T18:19:01","slug":"israel-palestine-war-great-rise-in-altcoin","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/israel-palestine-war-great-rise-in-altcoin\/","title":{"rendered":"Great Rise in That Altcoin During the Israel-Palestine War!"},"content":{"rendered":"

The Bancor Network (BNT)<\/strong> caught attention after the war erupted between Israel and Palestine, followed by a rise.<\/em><\/p>\n

In the last 7 days, the decentralized finance (DeFi) project Bancor Network (BNT)<\/strong> which experienced an increase of around 70%, followed by a significant pullback, drew great attention in the cryptocurrency market. However, this increase brought along various speculations.<\/p>\n

You might like: Hamas cryptocurrency accounts were freezed by Israel<\/strong><\/a><\/p><\/blockquote>\n

Bancor Network (BNT)<\/strong> is a project based in Israel and the increase being parallel with the tension between Palestine and Israel is remarkable. Israeli software developers among the founders of the project, especially due to Guy Benartzi being the nephew of Israeli Prime Minister Binyamin Netanyahu, cause the project to be associated with Israel.<\/p>\n

Before a big purchase move, South Korea’s largest exchange, Upbit<\/strong>, pulling about 4.71 million BNT worth approximately $2.54 million, equivalent to 3.3% of the total supply, into their wallets, has brought allegations of manipulation linked to Israel.<\/p>\n

Market analysts have compared the rise to similar situations like Waves (WAVES) after the war between Russia and Ukraine. But the speculations have not been clarified yet.<\/p>\n

\n

In the comment section, you can freely share your comments about the topic. Additionally, don\u2019t forget to follow us on\u00a0Telegram<\/strong>,\u00a0<\/a>YouTube<\/strong><\/a>,\u00a0and\u00a0Twitter<\/strong><\/a>\u00a0for the latest news and updates.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

The Bancor Network (BNT) caught attention after the war erupted between Israel and Palestine, followed by a rise. In the last 7 days, the decentralized finance (DeFi) project Bancor Network (BNT) which experienced an increase of around 70%, followed by a significant pullback, drew great attention in the cryptocurrency market. However, this increase brought along<\/p>\n","protected":false},"author":2,"featured_media":5144,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[236,897,896,1882,1920,1919],"class_list":["post-5145","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-altcoin","tag-bancor-network","tag-bnt","tag-israel","tag-palestine","tag-war"],"yoast_head":"\nGreat Rise in That Altcoin During the Israel-Palestine War! - Coin Engineer<\/title>\n<meta name=\"description\" content=\"The Bancor Network (BNT) caught attention after the war erupted between Israel and Palestine, followed by a rise.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/israel-palestine-war-great-rise-in-altcoin\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Great Rise in That Altcoin During the Israel-Palestine War! 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