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MOBOX Token Report – 3rd May’24

MOBOX Token Report

Mobox (MBOX) is the native utility token of the MOBOX Protocol, a yield farming project for gaming NFTs based on the Binance Smart Chain. The token forms the bedrock of the “MOMOverse,” a metaverse that comprises games such as ChainZ Arena, MOl and Defense, Block Brawler and Token Master.

MBOX is ranked #419 with a market capitalization of over $108 million. The current market price of the token is 0.347 USDT

On the daily timeframe, the MBOX/USDT trend has broken above the descending trendline with a strength shown in the price momentum. An immediate support is expected at 0.29 USDT and next resistance is expected at 0.46 USDT.

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