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The Crypto Times > Sponsored > Zeebu on the Rise: Hits $3B Transaction Volume and New All-Time High

Zeebu on the Rise: Hits $3B Transaction Volume and New All-Time High

Published on: July 12, 2024

Disclaimer: This article is sponsored content or a third-party press release. The Crypto Times does not endorse or guarantee its accuracy or reliability. Readers should perform their own research before making decisions. The Crypto Times is not responsible, directly or indirectly, for any loss or damage resulting from reliance on this content. This is not financial or investment advice.

Zeebu On The Rise: Hits $3B Transaction Volume And New All-Time High
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In the cryptocurrency landscape, sustainability is key to long-term success. While some new cryptocurrencies fail to meet investor expectations, projects like Zeebu are capturing attention by demonstrating potential and continued growth driven by strong fundamentals.

Zeebu (ZBU), the native cryptocurrency of the Web3 payment platform, has recently proven its resilience compared to other market coins. Despite a turbulent crypto market, ZBU has shown bullish tendencies after overcoming a recent consolidation phase.

Currently trading at $4.9, up significantly from its recent low of $4.78, Zeebu’s ZBU appears on track for stability and potential gains. The token has not only maintained a fairly consistent value but has also achieved a new all-time high at $4.98, despite broader market challenges. This stability is further evidenced by a market capitalization of $1.6 billion and widespread adoption as a leading payment platform in the telecom industry.

Platform Performance: Zeebu Surpasses $3 Billion Transaction Volume

Launched in 2023, Zeebu is a pioneering DeFi payment platform in the telecom space that has quickly gained worldwide recognition. The platform recently announced a new milestone, exceeding $3.0 billion in transaction volume.

Zeebu’s remarkable success stems from its transformative impact on telecom finance. While many businesses prioritize profitability alone, Zeebu addresses critical industry challenges head-on. These include inadequate security, vulnerability to single points of failure, lack of transparency and traceability, prolonged remittance delays, and excessive transaction fees.

By tackling these issues, Zeebu revolutionizes user trust and experience. The platform’s innovative approach introduces a loyalty token that incentivizes telecom carriers and their partners upon successful transactions. 

Zeebu’s holistic solution goes beyond mere profit-seeking, offering a comprehensive answer to long-standing telecom finance problems. By prioritizing both technological advancement and user needs, Zeebu has positioned itself as a major player in the sector, driving its widespread adoption and success.

ZBU Whales Actively Boosting Market Confidence

The rise of DeFi payment platforms across different blockchains has spurred interest in ZBU’s loyalty token among investors worldwide. Zeebu not only boasts strong platform fundamentals, but its native token, ZBU, has exceeded early investor expectations.

Starting at $0.80 in the second half of 2023, the ZBU token has consistently evolved with bullish price patterns, attracting investors and assuring them of its potential as a safe investment based on past performance. Consequently, new traders and savvy investors are eager to add ZBU tokens to their portfolios, with the token generating over 500% returns in just a few months.

ZBU Token Breaks Out of Accumulation Zone; Bullish Trend on the Horizon?

Zbu Token Breaks Price Chart
Source: Tradingview

The ZBU token appears strongly bullish on both daily and weekly price charts. On the daily chart, the ZBU token shows accumulation in a narrow sideways range before a massive breakout, attracting investors seeking long-term investment opportunities.

After closely analyzing ZBU’s price performance, the token has flipped previous highs into immediate support after a bullish breakout, paving the way for an unstoppable bullish rally ahead. This rally could lead ZBU to reach the $10 mark soon. As the ZBU token hovers near its all-time high level for the past several days, bulls expect significant gains within a week if it surpasses the $5.0 range, with the next immediate target being $7.0.

Technical Indicators

Contributing to the bullish wave, technical indicators favor an upward momentum. Significant simple moving averages are observed below the current price of ZBU, ready to reverse any downfall. Buyers may become aggressive around the 100-day simple moving average, which has been a crucial accumulation zone.

The daily RSI is gradually shifting its lower-lows towards the high range, reflecting a hidden bullish divergence. With the RSI peak observed at the 50 range, there is ample room for an upward trend in the ZBU token ahead.

Conclusion

Zeebu’s ZBU has firmly established itself as a standout performer in the cryptocurrency market. Despite widespread selling pressure and market turbulence, ZBU has demonstrated remarkable resilience and bullish trend. Currently trading at $4.90, the token has reached a new all-time high of $4.98 and is on track for further stability and potential gains towards $10.

The platform’s recent milestone of surpassing $3 billion in transaction volume underscores its significant impact on the telecom space. As ZBU continues to attract both new and experienced investors, its innovative approach and solid fundamentals make it a promising investment opportunity in the cryptocurrency market.


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