The live Beam price today is just under $0.80 with a 24-hour trading volume of $181 million. Beam is up almost 31% in the last 24 hours. Should you invest in BEAM? Read on to find out all about the best places to buy BEAM today.
Top places to buy BEAM now
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What is BEAM?
BEAM is a confidential decentralized finance (DeFi) platform that runs on a combination of two blockchain protocols (LelantusMW and Mimblewimble). In the early years of the industry, transactions with public-blockchain cryptocurrencies like Bitcoin (BTC) were thought to be untraceable.
With developments in blockchain analysis, it became clear that transactions can actually be traced back to the senders, posing a great threat to users’ privacy. To solve this issue, BEAM came up with innovative ways of increasing the anonymity of transactions, address balances and user identities.
Should I buy BEAM today?
The issue of privacy is becoming more and more controversial and BEAM stands to make gains as a protocol attempting to improve it. Exercise caution and don’t invest more than you can afford to lose.
BEAM price prediction
Wallet Investor forecasts a long-term increase of BEAM’s price. They predict it will be $1.70 in 2026, more than double what it is now. If you invest $100 in BEAM now, you will get a maximum of $230 in 2026.
BEAM on social media
Beam 2021 Week #44 – The Privacy Standard
A big week for $BEAM as we pass 100 million in circulating supply, with ~20% now in the staking contract farming $BEAMX. Take a look at what is to come for #privacy and the Beam Token Standards!https://t.co/2QwdEa32FR
— BeamPrivacy (@beamprivacy) November 9, 2021
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