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    Bread

    BRD

    Rank #2748

    $0.01429

    +25.91%
    24H Low$0.01133
    $0.0143124H High
    24H Volume
    $50.06
    All-Time High(ATH)
    $2.78
    All-Time Low(ATL)
    $0.001377
    Market Cap
    $1.23 M
    Fully Diluted Valuation
    $1.27 M
    Market Cap/FDV
    96.53%
    Circulating Supply
    85.78 M BRD
    Total Supply
    88.86 M BRD
    Max Supply
    Market Sentiment
    Neutral
    * Data from 3rd parties

    Bread (BRD) Price Trends

    Time period
    Change amount
    % Change
    1H
    $-0.000004430
    -0.031%
    24H
    $+0.003703
    +25.91%
    7D
    $+0.0008431
    +5.9%
    30D
    $+0.01763
    +123.35%
    1Y
    $+0.02974
    +208.09%

    Live Bread (BRD) Price Update

    Bread price today is $0.01429 with a 24-hour trading volume of $50.06, and as such Bread has a market cap of $1.23 M, giving it a market dominance of 4.41%. The Bread price moved 25.91% in the last 24 hours.

    Bread reached its highest price on 2018-01-12 when it was trading at its all-time high of $2.78, while its lowest price was recorded on 2022-09-10 when it was trading at its all-time low of $0.001377. The current lowest price since the last cycle high was $0.001377, and the highest price since the last cycle low was $2.78. The social sentiment of Bread is currently Positive.

    The current circulating supply of Bread is $85.78 M BRD. In terms of market cap, Bread is currently ranked 2748.

    About Bread (BRD)

    Blockchains are quickly becoming the modern equivalent of what apps were to smartphones when they took off a decade ago. There’s a blockchain for everything - from cloud storage (Siacoin) to identity verification (Civic). But the original point of Bitcoin, the very cryptocurrency was to overturn the traditional banking system. An interestingly named token - Bread, is here to bring us back on track for this original goal. Bread technology intends to reinvent and revolutionize banking as we know it. By building a blockchain synced, Bitcoin-based wallet, the idea here is to decentralise banking and make it accessible to everyone. With a blockchain connected, easy to use Bitcoin wallet, Bread makes it easy for you to transition to a truly decentralised banking service.It also provides portfolio management tools to offer a comprehensive banking experience. Purchases made using its BRD token attract loyalty points and rewards, giving customers another lucrative reason to use the Bread wallet app. Bread was officially launched in 2014 itself and even raised VC funding to the tune of $7 million in August 2017. It then went the ICO route in December 2017, where it made available 88 million BRD tokens. $32 million was raised in the price, with BRD being valued at the rate of 900 for every 1 ETH at the time. As of June 2018, just over 6 months later, its value had fallen to above 1600 for every 1 ETH. A decentralised banking system was Bitcoin’s original vision that is either taking too long to fruition, or we’ve become an impatient audience. Whatever the case, Bread wants to accelerate the transition. A significant decision the Bread team took was to introduce the BRD token - which, with its cheap rates and loyalty/discount offerings, may emerge as the primary incentive for users joining the platform. If this is indeed the case, expect a spike in the value of the BRD cryptoc

    FAQs

    1. What determines the price movement of Bread?

    There are two schools of thought in determining the price of Bread.
    By way of intrinsic value: This typically involves on-chain metrics, project metrics and financial metrics of Bread, collectively known as fundamental analysis. The law of supply and demand, tokenomics, use case, project roadmap as well as regulations and governance involved would affect the value of Bread from a long term perspective.
    By way of price action: Primarily analyzed via candlestick chart patterns and technical indicators such as MACD, RSI and the bollinger bands, technical analysis forecasts the price of Bread on the basis that history tends to repeat itself. As the candlestick charts are a general representation of the emotion of the market, news announcements and community sentiment can be significant price action drivers for Bread as well.
    Investors tend to prefer the long term nature of fundamental analysis, whereas short term traders tend to rely on technical analysis more. In reality, both analyses may combine and create interesting scenarios for Bread and the cryptocurrency market as a whole.

    Bread Tokenomics

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    Bread Analysis

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