/ Badger DAO (BADGER) surges 60% to $8.609 within 24 hours, reaching a market cap of $164 million, driven by a major breakout.
By- Nilesh Hembade.
Date: 24 Mar 2024, 11:26 AM ISTBadger DAO (BADGER) is making a splash in the crypto market today, experiencing a remarkable surge in price. Over the past 24 hours, the price of the BADGER token has surged by an impressive +60.19%, climbing from $5.47 to $8.74 following a significant breakout.
As of the latest update, BADGER is being traded at $8.77, with market capitalization of $164 million. Moreover, the bullish trend extends over the past month, with Badger tokens witnessing a remarkable surge of +121%.
BadgerDAO serves as a decentralized autonomous organization with the primary aim of bridging Bitcoin with decentralized finance (DeFi)
Breakout in Badger DAO (BADGER):
The main factor behind the surge is that the Badger DAO (BADGER) has broken out of its long accumulation phase of almost 2 years. In this phase, the price of the BADGER token was trading between $2.04 and $7.36. But finally, the Badger token broke out of this level and is now ready to make a big move.
More Pump coming?
Looking ahead, there is considerable anticipation regarding the potential for further upward movement. Presently, Badger DAO (BADGER) is trading at $8.798, and if the current bullish momentum persists, analysts predict that the next target for BADGER could be $13.27, marking a further increase of +51% from its current value.