{"id":634654,"date":"2024-08-11T20:00:32","date_gmt":"2024-08-11T20:00:32","guid":{"rendered":"https:\/\/ktsl888.com\/?p=634654"},"modified":"2024-08-11T12:11:07","modified_gmt":"2024-08-11T12:11:07","slug":"beam-inks-15-gains-as-exciting-developments-hit-the-market-details","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/beam-inks-15-gains-as-exciting-developments-hit-the-market-details\/","title":{"rendered":"BEAM Inks 15% Gains As Exciting Developments Hit The Market – Details"},"content":{"rendered":"

With the market posting minute but continuous gains, BEAM captures this momentum, which caused the current uptick in the token\u2019s price. According to <\/span>CoinGecko<\/span><\/a>, BEAM is up nearly 18% in the past 24 hours as investors flock to the token.\u00a0<\/span><\/p>\n

Related Reading: Bitcoin Death Cross Threatens To Trigger Crash If Price Does Not Hold $62,000<\/a><\/div>\n

The Beam network is experiencing awesome on-chain development that gives it an edge against its competitors. As the market <\/span>enters<\/span><\/a> a new week with enthusiasm, BEAM might be on the path of bullishness in the long run.\u00a0<\/span><\/p>\n

Beam Network Goes To Gamescom 2024<\/strong><\/h2>\n

Earlier this month, Beam Network <\/span>announced<\/span><\/a> that it will have a spot on Gamescom 2024, the largest gaming event in the world. It is <\/span>accompanied<\/span><\/a> by Domi Online, an MMORPG built on the Beam Network. The event will allow the platform to show the capabilities of the network along with the use cases of crypto in the gaming world.<\/span><\/p>\n

\n

.@DomiOnline<\/a> is showcasing at Beam goes @gamescom<\/a> \ud83d\udd79\ufe0f<\/p>\n

Join us in an exclusive night filled with gaming, networking and a chance to play the latest build of Domi Online \u2728<\/p>\n

\ud83d\udcc5 August 21st, 2024
\n\u23f0 6 PM – 12 AM
\n\ud83d\udccd Pe303, Cologne, Germany.
\n\ud83c\udf9f\ufe0f https:\/\/t.co\/sjbXmDtl7e<\/a> pic.twitter.com\/Ry98DRQ8id<\/a><\/p>\n

\u2014 Beam (@BuildOnBeam) August 10, 2024<\/a><\/p><\/blockquote>\n

Gamescom hosts gaming industry giants like Microsoft\u2019s XBOX, Bethesda, and Blizzard among the attendees. Beam\u2019s showcase in Gamescom will eventually drive the mainstream gamers to be interested in the crypto gaming scene, perhaps even leading to big partnerships with the big shots like how Immutable <\/span>secured<\/span><\/a> a partnership with Ubisoft for a blockchain-based game back in 2023.\u00a0<\/span><\/p>\n

\n

Beam goes @gamescom<\/a> \ud83d\udd79\ufe0f The venue\ud83c\udfaa<\/p>\n

In two weeks from now we’ll gather the Beam family to celebrate the future of gaming in this wonderful venue!<\/p>\n

\ud83d\udcc5 August 21st, 2024
\n\u23f0 6 PM – 12 AM
\n\ud83d\udccd Pe303, Cologne, Germany
\n\ud83c\udf9f\ufe0f https:\/\/t.co\/sjbXmDtl7e<\/a><\/p>\n

More information\ud83d\udc47 pic.twitter.com\/FS21nnUGLQ<\/a><\/p>\n

\u2014 Beam (@BuildOnBeam) August 2, 2024<\/a><\/p><\/blockquote>\n

Gamescom 2024 will be held in Cologne, Germany on August 21.\u00a0<\/span><\/p>\n

With Beam\u2019s <\/span>continuing<\/span><\/a> innovation for its platform, it will disrupt the crypto-gaming space becoming one of the major players in the industry long-term. In terms of how it will affect BEAM\u2019s price movement is still a mystery.\u00a0<\/span><\/p>\n

BEAM is currently trading at $0.013. Chart: TradingView<\/a><\/figcaption><\/figure>\n

BEAM Slightly Dims As Market Slows Down<\/strong><\/h2>\n

As of writing, the token is still on the green, attempting to break through the $0.01444 ceiling in the short term with a sharp uptick in price. This breakthrough might not happen today as the bulls lose steam. This won\u2019t hurt gains in the past 24 hours, but it will affect long-term gains if the token loses its momentum.\u00a0<\/span><\/p>\n

\"\"<\/p>\n

Two things can happen in the next couple of days: BEAM breaks through the $0.01444 ceiling flipping it to support, or the bulls fail to secure the latter price ceiling and then stabilizes on the $0.01273 and $0.01444 price range.<\/span><\/p>\n

Related Reading: Dogecoin Major Metrics Fire Bullish Signals, Can Price Cross $0.5<\/a><\/div>\n

If the breakthrough continues, investors and traders should aim to settle on $0.01685 for the long term, giving BEAM strong support for further upward movement. However, if the opposite happens, the token might dive below $0.01444, settling in the $0.1054-$0.01273 price range.\u00a0<\/span><\/p>\n

However, investor confidence in the platform and token is high. With their attendance at Gamescom being the biggest driver of retail investor interest, we might expect more movement once we enter the next week. Investors and traders should keep an eye on BEAM as its mainstream entry will have a significant effect on retail perception on the crypto gaming scene.\u00a0<\/span><\/p>\n

Featured image from Pexels, chart from TradingView<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

With the market posting minute but continuous gains, BEAM captures this momentum, which caused the current uptick in the token\u2019s price. According to CoinGecko, BEAM is up nearly 18% in the past 24 hours as investors flock to the token.\u00a0 Related Reading: Bitcoin Death Cross Threatens To Trigger Crash If Price Does Not Hold $62,000 The Beam network is experiencing awesome on-chain development that gives it an edge against its competitors. As the market enters a new week with enthusiasm, BEAM might be on the path of bullishness in the long run.\u00a0 Beam Network Goes To Gamescom 2024 Earlier this month, Beam Network announced that it will have a spot on Gamescom 2024, the largest gaming event in the world. It is accompanied by Domi Online, an MMORPG built on the Beam Network. The event will allow the platform to show the capabilities of the network along with the use cases of crypto in the gaming world. .@DomiOnline is showcasing at Beam goes @gamescom \ud83d\udd79\ufe0f Join us in an exclusive night filled with gaming, networking and a chance to play the latest build of Domi Online \u2728 \ud83d\udcc5 August 21st, 2024 \u23f0 6 PM – 12 AM \ud83d\udccd Pe303, Cologne, Germany. \ud83c\udf9f\ufe0f https:\/\/t.co\/sjbXmDtl7e pic.twitter.com\/Ry98DRQ8id \u2014 Beam (@BuildOnBeam) August 10, 2024 Gamescom hosts gaming industry giants like Microsoft\u2019s XBOX, Bethesda, and Blizzard among the attendees. Beam\u2019s showcase in Gamescom will eventually drive the mainstream gamers to be interested in the crypto gaming scene, perhaps even leading to big partnerships with the big shots like how Immutable secured a partnership with Ubisoft for a blockchain-based game back in 2023.\u00a0 Beam goes @gamescom \ud83d\udd79\ufe0f The venue\ud83c\udfaa In two weeks from now we’ll gather the Beam family to celebrate the future of gaming in this wonderful venue! \ud83d\udcc5 August 21st, 2024 \u23f0 6 PM – 12 AM \ud83d\udccd Pe303, Cologne, Germany \ud83c\udf9f\ufe0f https:\/\/t.co\/sjbXmDtl7e More information\ud83d\udc47 pic.twitter.com\/FS21nnUGLQ \u2014 Beam (@BuildOnBeam) August 2, 2024 Gamescom 2024 will be held in Cologne, Germany on August 21.\u00a0 With Beam\u2019s continuing innovation for its platform, it will disrupt the crypto-gaming space becoming one of the major players in the industry long-term. In terms of how it will affect BEAM\u2019s price movement is still a mystery.\u00a0 BEAM Slightly Dims As Market Slows Down As of writing, the token is still on the green, attempting to break through the $0.01444 ceiling in the short term with a sharp uptick in price. This breakthrough might not happen today as the bulls lose steam. This won\u2019t hurt gains in the past 24 hours, but it will affect long-term gains if the token loses its momentum.\u00a0 Two things can happen in the next couple of days: BEAM breaks through the $0.01444 ceiling flipping it to support, or the bulls fail to secure the latter price ceiling and then stabilizes on the $0.01273 and $0.01444 price range. Related Reading: Dogecoin Major Metrics Fire Bullish Signals, Can Price Cross $0.5 If the breakthrough continues, investors and traders should aim to settle on $0.01685 for the long term, giving BEAM strong support for further upward movement. However, if the opposite happens, the token might dive below $0.01444, settling in the $0.1054-$0.01273 price range.\u00a0 However, investor confidence in the platform and token is high. With their attendance at Gamescom being the biggest driver of retail investor interest, we might expect more movement once we enter the next week. Investors and traders should keep an eye on BEAM as its mainstream entry will have a significant effect on retail perception on the crypto gaming scene.\u00a0 Featured image from Pexels, chart from TradingView<\/p>\n","protected":false},"author":557,"featured_media":634731,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[4831,6664,1742,2147],"class_list":["post-634654","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-beam","tag-crypto","tag-digital-currency","tag-gaming"],"acf":[],"yoast_head":"\nBEAM Inks 15% Gains As Exciting Developments Hit The Market<\/title>\n<meta name=\"description\" content=\"With the market posting minute but continuous gains, BEAM captures this momentum, which caused the current uptick in the token\u2019s price. 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