The recent surge in Bitcoin’s value has spurred a corresponding rally in numerous altcoins, although it appears that this upward trend is gradually tapering off. Bitcoin’s stability within a broad horizontal range has created favourable conditions for market accumulation. Nonetheless, amidst this backdrop, the revolutionary settlement platform Zeebu has achieved a remarkable milestone, hitting a new all-time high at $4.82, thereby capturing the spotlight among other prominent altcoins.
Zeebu, recognized as a Web3 Neobank built for the telecom industry, has been making waves in the crypto market since its inception. While Bitcoin struggles to maintain its position above the symbolic $70,000 mark, Zeebu’s native token — ZBU — has surged over 30% in just a week, reaching unprecedented heights. Presently, ZBU appears poised to reach another peak, holding steady at the $4.74 mark at the time of writing.
Experts and market analysts have meticulously examined the Zeebu token, identifying key factors driving ZBU’s upward trend. These include recent listings on renowned exchanges, performance growth, and other significant developments.
Zeebu’s B2B platform, utilizing blockchain technology for invoice settlements and payment transactions, has emerged as a paradise for telecom carriers, operators, and enterprises, tackling longstanding challenges in the telecom industry such as security, transparency, speed, and immutability.
Analytics indicate that Zeebu has exceeded a volume of 1.35 billion in invoice settlements, positioning itself as a major player in the industry. Notably, over 15,700 invoices have been settled on its platform, marking a significant achievement within a relatively short time frame.
Securing a listing on major exchanges is a formidable task for any new cryptocurrency unless it generates considerable buzz. Impressively, ZBU has successfully listed on several renowned crypto exchanges, including Gate.io, MEXC, LBank, BitMart, GroveX, and most recently, Bitget, KoinBX, and Biconomy Exchange. The possibility of ZBU being listed on both Coinbase and Binance seems to be growing.
The remarkable rally of ZBU token over the past year demands attention. Despite being a newcomer in the market, ZBU has captivated investors and traders with its strong fundamentals, showcasing a growth of over 500% in recent months.
Furthermore, significant market players have taken notice of its impressive uptrend, particularly when ZBU surpassed the $2 mark. This momentum has led to a pattern of continuous higher highs and higher-lows. Currently, buyers are adopting a buying-on-dip strategy as each swing high transforms into a demand zone.
At the time of writing, the market capitalization of Zeebu token stands at $1.56 billion, reflecting an 8% gain in the last 24 hours. Consequently, the ZBU token holds the #209 rank on CoinMarketCap.
Experts foresee a bullish trajectory for ZBU, with the token expected to reach the $5.00 mark this week. As bullish sentiment persists, there’s speculation of a further surge towards the symbolic $10.00 level, potentially positioning ZBU under the Top 200 rank on CoinMarketCap.
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