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: [email protected]

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 happens to the price of stocks during a bull market? ›

A bull market happens when stock prices have gone up 20% or more from the previous low for a sustained period of time. Propelled by the thriving economies and low unemployment that usually accompany bull markets, investors are eager to buy or hold onto securities .

How do you know if a bull market is coming? ›

The commonly accepted threshold for the start of a bull market is a rise in stock prices of 20%. Traders employ a variety of strategies, such as increased buy and hold and retracement, to profit from bull markets.

How long does a bull run last in crypto? ›

Crypto bull runs have tended to last 12-18 months in recent market cycles, with massive price gains occurring in short periods of time before peaking. When Will the Crypto Bull Run Start? Crypto markets tend to see major bull runs every few years, with prices dramatically surging over periods of 12-18 months.

Are stock prices increasing in a bull market? ›

In a bull market, there is strong demand and weak supply for securities. In other words, many investors wish to buy securities, but few are willing to sell them. As a result, share prices will rise as investors compete to obtain available equity.

What is a bullish price rise? ›

What is Bullish Trend. Definition: A 'trend' in financial markets can be defined as a direction in which the market moves. '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 is a period of time during which the stock market—typically represented by the S&P 500 index—gains 20% or more from its last long-term low point.

What is the bull spread price? ›

Bull spreads involve simultaneously buying and selling options with the same expiration date on the same asset, but at different strike prices. Bull spreads achieve maximum profit if the underlying asset closes at or above the higher strike price.

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