Benzinga - Terry Bogard (BOGARD) token experienced a staggering surge of 766% in just a span of 24 hours. The BOGARD token takes its name from the iconic fictional character created by SNK as the protagonist of their popular Fatal Fury series.
What Happened: The boost in value for this cryptocurrency comes amid buzz and anticipation surrounding the upcoming release of Fatal Fury: City of Wolves, the next installment in the revered Garou series.
SNK, the brainchild behind the Fatal Fury franchise, recently unveiled this highly anticipated game during EVO 2023 in August. Notably, City of Wolves marks the return of the franchise after a significant hiatus of over two decades since its last release back in 1999.
Data from Dex tools, a decentralized platform for trading, reveals impressive figures for the BOGARD token, with a trading volume of $785,540 recorded within a mere 24-hour period.
Will The SEC Finally Approve Long-Awaited Bitcoin Spot ETF? Ask industry experts directly at Benzinga's Future of Digital Assets event happening in NYC on Nov. 14, 2023. Be a part of the discussions where you won't just be a passive spectator. Don't let this chance slip away – secure early bird discounted tickets now!
See More: A Stay At The Floating Palace From James Bond's ‘Octopussy
Why It Matters: It is interesting to note that this surge in popularity is driven by a relatively small number of investors, as the token currently boasts just 180 holders
As of the time of writing, the BOGARD token was trading at $0.00008077.
One notable aspect to be aware of is the relatively lower trading volumes compared to more established cryptocurrencies. This lower liquidity can make it more challenging to buy or sell the token at desired prices, potentially leading to increased volatility.
Investors should also be mindful of the potential for market corrections or sharp price fluctuations, as seen in the highly volatile nature of the cryptocurrency market as a whole.
Photo by Igor Faun on Shutterstock
Read Next: Here’s How Much You Should Invest In Shiba Inu Today For A $1M Payday If SHIB Hits 1 Cent?
© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.