HaloDAO trades at $0. 91 at the time of writing with RNBW showing signs of another bull rally

HaloDAO (RNBW) has had a bullish rise over the weekend, the token trading at just under a dollar with a record 67% climb in a single day. HaloDAO traded at $0. 91 at the time of writing. The huge increase in volumes, which indicates strong investor interest, seems to confirm the bullish rise. The price could double if the rally continues.

How and where to purchase HaloDAO in the UK & elsewhere

Buying tokens has never been easier thanks to the widespread penetration of broker and exchange platforms. These platforms allow for easy trading online without any hassles. Register and verify your account with a broker/exchange to start trading. As part of the Know Your Customer regulations, a simple verification process must also be completed. Deposit funds can be made easily using crypto or fiat deposits. Nearly all platforms allow you to deposit funds through major banking channels like direct transfer or debit/credit cards.

Avoid DEX platforms because their regulation is vague and does not emphasize investor protection. Here are two great platforms that allow you to register and begin trading within a matter of seconds.

eToro

eToro offers some of the best multi-asset trading platforms in the world, with the lowest fees and commission rates. Its social copy trading capabilities make it an excellent choice for beginners.

RNBW now available on eToro

Coin Kong Trader

Coin Kong allows for quick buying and selling cryptocurrencies. This is a great choice for those who are new to cryptography. It offers excellent support, transparency and security.

RNBW now available with Coin Kong Trader

What is HaloDAO, you ask?

HaloDAO is now in the stablecoin lending market. It provides liquidity and allows swaps between stablecoins. RNBW began its journey in Asia with regional stablecoins. However, it is now looking to expand its reach and include stablecoins from other regions. This could explain why there has been such an increase in investor interest.

Stablecoins have been increasingly viewed as currencies that can completely or partially replace fiat counterparts. Therefore, protocols like HaloDAO have become more relevant in this sector.

Should i buy RNBW right now?

The daily chart for HaloDAO is below. It shows that the price is stable in the area near $1. After consolidation, another rally could result in large gains for RNBW.

These are early days of the token, and early adopters could see huge gains.

HaloDAO daily chart. Source: CoinMarketCap

The token is poised to continue rising and record another round of double-digit gains, as shown by the strong consolidation in the daily chart.

This article is for informational purposes only. It should not be taken as investment or financial advice.