fans of r/CryptoCurrencyMoons (MOON-USD) will want to mark March 20 on the calendar as the cryptocurrency prepares for a major catalyst on Wednesday.
Then Celer’s two-way bridging feature will enable MOON holders to do this Transfer the cryptocurrency between Arbitrum Nova and Arbitrum One.
MOON crypto is supported by the subreddit r/CryptoCurrency. The community Contains a primer about the benefits this brings to the token holders.
Let’s take a quick look at it below!
Advantages of MOON Crypto Celer
- Arbitrum One has significantly more liquidity than Arbitrum Nova.
- Arbitrum Nova is not very popular and is more likely to be closed than Arbitrum Nova.
- There are more DeFi applications on Arbitrum One that could use MOON than on Arbitrum Nova.
- Arbitrum One could benefit community funds with its multisig support.
This news brought additional attention to the MOON cryptocurrency over the weekend. This resulted in the token hitting a new all-time high of around 67 cents on Sunday. Traders are hoping that the March 20 catalyst will catapult the price to another new all-time high.
MOON is down 27.8% since Monday morning compared to the previous 24-hour period. During the same period, the token’s trading volume also fell by 66.9%.
Investors looking for the hottest crypto market stories have come to the right place!
Investor Place Here you will find all the news about the crypto market on Monday that is worth reading about! This includes a collection of cryptos worth keeping an eye on and how to deal with the current Bitcoin (BTC USD) Boom. All of this information can be found at the links below!
More crypto news for Monday
At the time of publication, William White did not hold, directly or indirectly, any positions in the securities mentioned in this article. The opinions expressed in this article are those of the author, subject to those of InvestorPlace.com Publishing Guidelines.
Article printed by InvestorPlace Media, https://investorplace.com/2024/03/dear-moon-crypto-fans-mark-your-calendars-for-march-20/.
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