BurgerCities (BURGER)
BurgerCities is a one-stop Play & Earn MetaFi platform based on BNB Chain. It was rebranded from BurgerSwap.
BURGER is the native token of the project. The current use cases for BURGER include:
Governance: the token gives holders governance rights on BurgerCities.
Liquidity provision: Users can use the token to provide liquidity and earn rewards.
In-game trading: the token can be used to trade in-game items like Hero NFT.
1. Basic Info
| Symbol | BURGER |
| Name | BurgerCities |
| Web Site | http://app.burgercities.org/ |
| Explorer | https://www.bscscan.com/token/0xAe9269f27437f0fcBC232d39Ec814844a51d6b8f |
| Supply | 60235980 |
| Total | 63000000 |
| Market Cap | 28131566.79772832 |
| White Paper | https://burgerswap.gitbook.io/burgercities/ |
| Release Date | 2020-09-24 |
2. Technical Analysis
2.1 Kline Price Chart
2.2 Analysis
The analysis of the K-line daily chart indicates a market that has experienced significant volatility with a clear downward trend. The price has been fluctuating between a higher high and a lower low, suggesting bearish sentiment. The closing price has been consistently below the opening price in the recent sessions, indicating a bearish trend. There are moments of consolidation where the price stabilizes, but these are brief, and the downward trend reasserts itself. Volume has been elevated during both up and down trends, suggesting strong participation in the market. Overall, the current trend is bearish, with a potential for further price decline.
