TABOO kick starts the bull market with a 300% price increase (2024)

Amidst mutterings of the crypto market starting its road to recovery in 2023, following one of the worst downturns in many years, some tokens have not only survived the storm but have emerged triumphant and ready to take advantage of the space left bare of competition.

Fast emerging as one of the leading players in the blockchain space, Taboo has created quite a name for itself and built quite a community, boasting over forty-six thousand loyal investors currently behind the project. It has so far managed to get things right, and the market cap is a testament to this fact.

TABOO kick starts the bull market with a 300% price increase (1)

While thousands of other projects perished and went bankrupt, Taboo went to work and ramped up its investment, knowing there would be an opportunity to rise from the ashes. Market volatility and the recent crash seemed to have little effect on the project, often referred to as the Playboy of Crypto.

And just as the recent rally took the TABOO brand to the top of the trending lists on platforms such as Coin Market Cap and Coin Gecko, the news of further marketing came.

Not only will the hugely successful billboard campaign take place once again, but the second Mansion Event is set to be bigger and better in 2023 with the Tier 4 holders and celebrity guests all queuing up for a place.

Think Dozens of Supermodels, Luxury Villas, Super Yachts, and Celebrity DJs and you’ll start to realize just what Taboo has in store for any investors holding more than $10k of this hugely undervalued token.

For those unaware, Taboo is more than just a platform offering bold content. It’s meant to empower content creators, provide them with a platform to showcase their talent and earn a decent income in the process.

The fiat currency part of the market is unsafe, is under strict observation of the authorities, has no laws protecting those employed in the industry, often leaving them at the mercy of the local administration, and does not offer a steady source of revenue.

It is where Taboo emerges as a viable solution offering all the involved parties a safe and encouraging environment where they can explore their Taboo fantasies and heart’s desires.

The start of all things Taboo

The project, having been launched back in 2021, has been the talk of the town ever since its inception. Anyone even reasonably acquainted with the blockchain space knows about Taboo and the potential held by it.

The Adult Entertainment industry has a conservative estimate of $15 billion in annual revenue within the US alone, but it’s never found a way into the crypto space until now.

A brief overview of the project

Taboo, unlike other projects, offers curated content from the finest creators in the industry. It aims to create scarcity in an oversaturated market.

Not every supermodel or adult start can feature on the platform. Instead, they have to undergo a thorough screening process, and only after approval is received will they be featured.

For the user part, Taboo has created a tier system consisting of 4 tiers. The higher the tier a user is subscribed to, the more content is accessible to them.

  • Tier 1 The first tier is free of cost and grants access to teasers from the higher tiers, as well as basic content added to Tier 1 by content creators. The transaction fee for this tier is 10%.
  • Tier 2 – The first paid tier on Taboo, Tier 2, requires users to hold $1000 in their wallet or stake an equivalent amount on the platform. It grants access to NSFW content levels, nudes, and strip teases, besides offering the option to video chat with content creators. Users on this tier get a 10% discount on purchases from the official store.
  • Tier 3 – To access this tier, users need to hold or stake at least $5,000, which grants access to XXX areas of the platform. It includes video NFTs, explicit pictures, access to exclusive events, and a 3x chance at winning in Taboo giveaways.
  • Tier 4 – The highest tier of Taboo, Tier 4, is where the real fun takes place. With $10,000 held in the wallet or staked, users get access to everything available on the three lower tiers, in addition to the possibility of meeting their favorite content creators at parties held by Taboo in their exclusive mansions. Users on Tier 4 are charged the lowest transaction fee, at 2.5%.

Version 2 of the marketplace was launched last year offering a marketplace of delicious content as well as full staking functionality. Currently, depending on the lockup period, long-term investors can see returns up to 20% APY on their stakes with interest calculated daily.

Taboo is currently in talks with several top exchanges and will list many more throughout 2023, thus providing an additional boost to the Taboo token and the overall exposure of the project.

Furthermore, Taboo plans to lend out ad space on the website and across the platform to other projects, which will ensure that Taboo generates substantial revenue as the project benefits from the increased traffic.

Every aspect of Taboo has been well planned and, in a way, ensures the long-term sustainability and viability of the project. For those who haven’t yet, join Taboo and be a part of the revolution sweeping the world of cryptocurrency.

To find out more about Taboo, the Playboy of Crypto, visit the official website: https://taboo.io/

Also, follow Taboo on their social media handles and interactive channels to stay updated with the latest developments.

Twitter: https://mobile.twitter.com/taboo_io

Instagram: https://instagram.com/taboo.token?igshid=YmMyMTA2M2Y=

Telegram: https://t.me/TABOO_OFFICIAL

YouTube: https://www.youtube.com/channel/UCdNC5ODDYkRTbDfS8DlTq8Q

Discord: https://discord.gg/fuYDVuVwnd

Media Contact Details

Contact Person: James Lambert

Company Name: TABOO TOKEN

Country: UK

City: London

Email: info@taboo.io

Website: https://taboo.io

Disclaimer: This is a paid post and should not be treated as news/advice.

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TABOO kick starts the bull market with a 300% price increase (2024)

FAQs

What is the price increase in the bull market? ›

A bull market is a period in financial markets when the price of an asset or security is rising or expected to rise, usually by nearly 20%. It shows a bullish market trend, inviting a lot of trading and buying across different stock exchanges.

What is a bull market rising price? ›

A bull market is typified by a sustained increase in prices. In the case of equity markets, a bull market denotes a rise in the prices of companies' shares. In such times, investors often have faith that the uptrend will continue over the long term.

What could trigger a bull market? ›

Causes and Support

Bull markets generally start when the economy is strengthening or is already strong. They tend to coincide with a strong gross domestic product (GDP), a drop in unemployment, and a rise in corporate profits. Growing investor confidence can keep bull markets moving.

How to get rich in a bull market? ›

Employing a good investments strategy in a bull market could be the difference that takes your yields to new heights. Some popular strategies include: Value investing involves buying under-priced assets, ie trading below their book value, to sell at a higher price. This strategy is often employed on blue-chip companies.

What percentage is a bull market? ›

The average gain for a bull market is 112%.

Are we in a bull market in 2024? ›

As the midpoint of 2024 nears, the stock market forecast for the next six months still looks bullish, building on the same layers of support that have pepped up stocks all year.

Is a bull market good or bad? ›

In general, bull markets are a better time to invest. Yes, stock prices are higher, but it's a less risky investment time. You'll have a greater chance of selling assets for a higher value than when you bought them.

What is a bull market today? ›

A period of rising prices and optimism

But one common rule of thumb is a 20% price increase from the most recent low. This rise could coincide with signs that prices will continue to grow.

How long does a bull market usually last? ›

How long the average bull market lasts. As much as investors would like the answer to this question to be "forever," bull markets tend to run for just under four years. The average bull market duration, since 1932, is 3.8 years, according to market research firm InvesTech Research.

What not to do in a bull market? ›

Don't let it psych you out — Bull markets can set new records constantly, which may make you wonder when the other shoe is going to drop. But attempting to time the market and sell high could also mean missing out on significant further gains.

Which stock is very bullish? ›

Bullish Stock
S.No.Name52w Low Rs.
1.Pritika Engineer46.50
2.Rajoo Engineers34.38
3.Websol Energy119.55
4.Sar Televenture79.51
22 more rows

What's the opposite of a bull market? ›

While bull markets are fueled by optimism, bear markets — which occur when stock prices fall 20% or more for a sustained period of time — are just the opposite. Bull markets are generally powered by economic strength, whereas bear markets often occur in periods of economic slowdown and higher unemployment.

How to consistently make money in the stock market? ›

How to make money in stocks
  1. Open an investment account.
  2. Pick stock funds instead of individual stocks.
  3. Stay invested with the "buy and hold" strategy.
  4. Check out dividend-paying stocks.
  5. Explore new industries.
Apr 3, 2024

Can you become a millionaire from the stock market? ›

Investing in the stock market is both an art and a science, but it's not as difficult as it may seem to generate long-term wealth. With the right portfolio and plenty of patience, you'll be on the path toward millionaire status.

What is the best trading strategy for the bull market? ›

Buy Call Options. For those who prefer not to commit a large amount of capital upfront, buying call options is an effective strategy in a bull market. Call options give you the right, but not the obligation, to buy a stock at a predetermined price within a specific period.

Are stock prices increasing in a bull market? ›

What's a bull market? A bull market is a period of upward-trending prices. A new bull begins once prices rise at least 20% off the most recent market bottom. Generally speaking, optimism is high and investors and consumers feel confident, pushing company earnings and stock prices higher.

What is a bullish price rise? ›

'Bullish Trend' is an upward trend in the prices of an industry's stocks or the overall rise in broad market indices, characterized by high investor confidence.

How much do bull markets gain? ›

A bull market started in 2020 and lasted 21 months with a 106% return. A bear market started in 2022 and lasted 23 months with a 24% loss. A bull market started in 2023 and lasted 21 months with a 49% return. This chart also shows the value of the S&P 500 Index from 1956 to 2024.

What is the bull spread price? ›

A bull spread is an options trading strategy that predicts a price increase in the underlying security. The trader realizes a profit if the price closes at or above the anticipated price. If the price of the security decreases, the trader's losses should be limited if the spread is well executed.

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