BeardBroz (BBZ) Metrics
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BeardBroz (BBZ)
What is BeardBroz?
BeardBroz (BBZ) is a cryptocurrency token designed for community engagement and rewards within the BeardBroz ecosystem. This blockchain-based asset runs on the Binance Smart Chain, offering users a platform for participating in exclusive events, accessing special content, and earning rewards. The BeardBroz token is primarily used for governance and incentivizing community contributions, making it a key component of the project's decentralized decision-making process. As a cryptocurrency, BBZ aims to foster a vibrant community around its brand and initiatives.
When and how did BeardBroz start?
BeardBroz (BBZ) was launched in 2021, created by a team of blockchain enthusiasts with a focus on community engagement and decentralized finance. The project was developed by a group of anonymous founders who aimed to integrate unique utility features into the token. In its early development, BeardBroz gained attention through strategic partnerships and was initially listed on several decentralized exchanges, which contributed to its growing community and adoption. The project quickly distinguished itself with innovative marketing campaigns and community-driven initiatives that helped establish its presence in the crypto market.
What’s coming up for BeardBroz?
BeardBroz (BBZ) is gearing up for an exciting phase with several key developments on its roadmap. The team is focusing on enhancing its decentralized grooming marketplace, aiming to expand product offerings and improve user experience. An upcoming feature includes the integration of NFT-based loyalty rewards, which will incentivize community engagement and foster a stronger connection among users. Additionally, BeardBroz plans to launch educational initiatives to raise awareness about blockchain technology within the grooming industry. These future plans are set to position BeardBroz as a pioneering force in merging personal care with decentralized solutions, driving both innovation and community growth.
What makes BeardBroz stand out?
BeardBroz (BBZ) is unique compared to other cryptocurrencies due to its focus on supporting the men's grooming industry, offering a real-world use case by facilitating transactions and loyalty programs within this niche market. Unlike many digital currencies, BBZ integrates a special feature that connects grooming product retailers and consumers through blockchain technology, enhancing transparency and trust. Additionally, its standout technology includes a custom consensus mechanism designed to optimize transaction efficiency specifically for the grooming sector.
What can you do with BeardBroz?
BeardBroz (BBZ) is primarily used for governance within its ecosystem, allowing holders to vote on project proposals and changes. It also serves as a utility token for accessing exclusive content and services within the BeardBroz platform. Additionally, BBZ can be used for staking, enabling users to earn rewards by participating in network security and operations.
Is BeardBroz still active or relevant?
BeardBroz (bbz-beardbroz) is currently inactive, with no recent trading activity or developer updates, indicating it may be an abandoned project. There is little to no evidence of an active community presence. The lack of engagement suggests that BeardBroz is not currently active in the crypto market.
Who is BeardBroz designed for?
BeardBroz (BBZ) is built for a niche community of beard enthusiasts and grooming aficionados. It targets individuals who are passionate about beard care, offering a platform that integrates crypto rewards for engaging with related content and products. This token is ideal for users looking to combine their interest in personal grooming with blockchain technology.
How is BeardBroz secured?
BeardBroz (BBZ) secures its network using a Proof of Stake consensus mechanism, which relies on validators to maintain blockchain protection through staking. Validators are selected based on the amount of BBZ they hold and are willing to lock up as collateral, enhancing network security by aligning their incentives with the network's health and integrity. This system ensures efficient and secure transaction validation while minimizing energy consumption compared to Proof of Work models.
Has BeardBroz faced any controversy or risks?
As of now, there are no widely reported controversies, hacks, or legal issues specifically associated with BeardBroz (BBZ). However, like many cryptocurrencies, it may still face risks such as market volatility and potential security incidents. Investors should remain cautious and conduct thorough research to mitigate the risk of rug pulls or other fraudulent activities.
BeardBroz (BBZ) FAQ – Key Metrics & Market Insights
Where can I buy BeardBroz (BBZ)?
BeardBroz (BBZ) is widely available on centralized cryptocurrency exchanges. The most active platform is PancakeSwap V2 (BSC), where the BBZ/WBNB trading pair recorded a 24-hour volume of over $0.003876.
What's the current daily trading volume of BeardBroz?
As of the last 24 hours, BeardBroz's trading volume stands at $0.003876 .
What's BeardBroz's price range history?
All-Time High (ATH): $0.202332
All-Time Low (ATL): $0.00000000
BeardBroz is currently trading ~100.00% below its ATH
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How is BeardBroz performing compared to the broader crypto market?
Over the past 7 days, BeardBroz has gained 0.00%, outperforming the overall crypto market which posted a 6.26% decline. This indicates strong performance in BBZ's price action relative to the broader market momentum.
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BeardBroz Basics
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BeardBroz Exchanges
BeardBroz Markets
What is Market depth?
Market depth is a metric, which is showing the real liquidity of the markets. Due to rampant wash-trading and fake activity - volume currently isn't the most reliable indicator in the crypto space.
What is it measuring?
It's measuring 1% or 10% section of the order book from the midpoint price (1%/10% of the buy orders, and 1%/10% of the sell orders).


Why it is important to use only 1% or 10%?
It's important, because measurement of the whole order book is going to give false results due to extreme values, which can make false illusion of liquidity for a given market.
How to use it?
By default Market depth is showing the most liquid markets sorted by Combined Orders (which is a sum of buy and sell orders). This way it provides the most interesting information already. Left (green) side of the market depth bar is showing how many buy orders are open, and right (red) side of the bar is showing how many sell orders are open (both can be recalculated to BTC, ETH or any fiat we have available on the site).


Confidence
Due to rampant malicious practices in the crypto exchanges environment, we have introduced in 2019 and 2020 new ways of evaluating exchanges and one of them is - Confidence. Because it's a new metric - it's essential to know how it works.
Confidence is weighted based on 3 principles:
Based on the liquidity from order books (75%) - including overall liquidity and market depth/volume ratio, volumes included, if exchange is low volume (below 2M USD volume 24h)
Based on web traffic (20%) - using Alexa rank as a main indicator of site popularity
Based on regulation (5%) - researching and evaluating licensing for exchange - by respective institutions
Adding all of these subscores give overall main result - Confidence
Confidence is mainly based on liquidity, because it's the most important aspect of cryptocurrency exchanges. Without liquidity there is no trading, illiquid markets tend to collapse in the long term. Besides liquidity - there is also an additional factor in calculation of score - market depth/volume ratio. If volume is huge (especially when it’s growing much faster than liquidity), and market depth seems to not keep pace with - it's reducing overall score. Exchanges that keep market makers liquidity with expanding volume are those that keep all ratios in-tact and have overall score above 75-80% (it means that they have all liquidity ratios above minimum requirements, high web traffic participation, and are often regulated).
What is Market depth?
Market depth is a metric, which is showing the real liquidity of the markets. Due to rampant wash-trading and fake activity - volume currently isn't the most reliable indicator in the crypto space.
What is it measuring?
It's measuring 1% or 10% section of the order book from the midpoint price (1%/10% of the buy orders, and 1%/10% of the sell orders).


Why it is important to use only 1% or 10%?
It's important, because measurement of the whole order book is going to give false results due to extreme values, which can make false illusion of liquidity for a given market.
What is showing Historical Market Depth?
Historical Market Depth is showing the history of liquidity from the markets for a given asset. It’s a measure of combined liquidity from all integrated markets on the coinpaprika’s market depth module.
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