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BABB priceBAX
BABB price calculator
More cryptocurrencies calculator >BABB price live data summary
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About BABB (BAX)
Cryptocurrency BABB, standing for Bank Account Based Blockchain, is a digital currency with a unique purpose and key features. Unlike other cryptocurrencies, BABB is designed specifically for banking services, aiming to provide financial mobility to the unbanked populations worldwide. One of the key features of BABB is its incorporation of blockchain technology, which enables secure and transparent transactions. The blockchain ensures that all transactions are recorded and verified by a decentralized network of participants, eliminating the need for intermediaries such as traditional banks. This not only reduces costs but also enhances the speed and efficiency of transactions. Another notable feature of BABB is its focus on financial inclusion. By leveraging mobile technology, BABB aims to provide banking services to the estimated 1.7 billion people who are unbanked globally. Through its decentralized platform, BABB allows users to open a bank account without the need for a physical address or traditional banking infrastructure. This enables individuals to access essential financial services such as payments, remittances, and savings, thereby promoting financial inclusion and empowerment. Furthermore, BABB provides a peer-to-peer payment ecosystem, enabling users to send and receive funds in different currencies instantly. This feature is particularly beneficial for cross-border transactions, as it eliminates the need for costly intermediaries and reduces transaction fees. BABB's digital wallet also allows users to hold and manage various cryptocurrencies, providing convenience and flexibility. BABB's commitment to regulatory compliance is another essential aspect of the currency. By ensuring adherence to legal and financial regulations, BABB aims to foster trust and reliability in its platform. This compliance-focused approach not only safeguards users' funds but also facilitates the integration of BABB into existing financial systems. In conclusion, BABB is a cryptocurrency with a distinct focus on providing banking services and promoting financial inclusion. Its features include blockchain technology for secure and transparent transactions, a mobile-based platform for global accessibility, and a peer-to-peer payment ecosystem for fast and cost-effective transfers. The commitment to regulatory compliance further strengthens the credibility of BABB as a reliable digital currency.
BABB price performance in USD
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BABB Social Data
In the last 24 hours, the social media sentiment score for BABB was 3, and the social media sentiment towards BABB price trend was Bullish. The overall BABB social media score was 0, which ranks 826 among all cryptocurrencies.
According to LunarCrush, in the last 24 hours, cryptocurrencies were mentioned on social media a total of 1,058,120 times, with BABB being mentioned with a frequency ratio of 0%, ranking 774 among all cryptocurrencies.
In the last 24 hours, there were a total of 70 unique users discussing BABB, with a total of BABB mentions of 11. However, compared to the previous 24-hour period, the number of unique users decrease by 27%, and the total number of mentions has increase by 120%.
On Twitter, there were a total of 1 tweets mentioning BABB in the last 24 hours. Among them, 100% are bullish on BABB, 0% are bearish on BABB, and 0% are neutral on BABB.
On Reddit, there were 1 posts mentioning BABB in the last 24 hours. Compared to the previous 24-hour period, the number of mentions decrease by 67% .
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