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 bull market trick? ›

A popular strategy in bull market trading is buying a call option, which is a contract with a due date that gives you the right to buy a certain asset at a specified price. You may end up deciding not to buy at all as there's no obligation to do so, but you'd lose the premium you committed to buy the call option.

What is meant by the term a booming bull market explain what happened during the bull market of the 1920s? ›

Examples of Historic Bull Markets

The Roaring Twenties: This bull market, which took place in the 1920s, was fueled by speculation and lasted until the stock market crash of 1929. It was characterized by rapid economic growth, rising asset prices, and increased consumer spending.

What is the price increase in the bull market? ›

Bull vs Bear
ParticularsBull
Average stock prices20% or more rise
CausesA strong foundation of economies Consumer confidence Excellent performance of large cap companies
InvestmentIn large, mid and small-cap companies

What could trigger a bull market? ›

For starters, they generally happen during periods when the economy is strong or strengthening. Bull markets are often accompanied by gross domestic product (GDP) growth and falling unemployment, and companies' profits will be on the rise.

What is the best indicator of the bull market? ›

Bullish technical trends to watch out for
  • Moving Averages and Crossovers. Moving Averages. ...
  • Bollinger Bands. Bollinger bands are a widely used tool in technical analysis. ...
  • Moving Average Convergence Divergence (MACD) ...
  • RSI Weakness: ...
  • Cup-And-Handle Pattern.
Sep 27, 2023

Are we in a bull market now? ›

With stock indexes at all-time highs, it seems we are in the midst of a new bull market. While much of the market's recent gains have come from a handful of stocks, the rally has begun to broaden in recent months. Expectations of an earnings rebound in 2024 suggest earnings could continue to drive the market higher.

How long will the bull market last? ›

“This new bull market can last for another seven to nine years, as AI is expected to drive significant productivity gains for companies across the board, which will strengthen corporate earnings.”

What is the longest bear market in history? ›

The longest bear market lingered for three years, from 1946 to 1949. Taking the past 12 bear markets into consideration, the average length of a bear market is about 14 months. How bad has the average bear been? The shallowest bear market loss took place in 1990, when the S&P 500 lost around 20%.

What was the shortest bull market in history? ›

The shortest bull market, which ran from June 1, 1932, to Sept. 7, 1932, lasted 98 days. The longest bull market lasted 4,494 days, from Dec. 4, 1987, to March 24, 2000.

Are we in a bull market 2024? ›

Economic growth actually accelerated above its 10-year average in 2023. That resilience, coupled with a fascination about artificial intelligence (AI), changed investors' collective mood. The S&P 500 soared throughout the year and finally reached a new high in January 2024, making the new bull market official.

Are we currently in a bear or bull market? ›

The current bull market started in October 2022, when the S&P 500 reached its most recent low. Since then, the index has swelled about 35 percent.

What happens after bull market? ›

What is a bear 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.

Is bull market good or bad? ›

Generally, a bull market occurs when there is a rise of 20% or more in a broad market index over at least a two-month period.” During a bull market, investors are generally enthusiastic about a strong economy and solid job growth.

Should you sell during a bull market? ›

You should always stay on the same side of momentum. So, you can buy high and wait for the stock to go higher; or you can use dips to buy. Either ways, you should never try to outguess the market. In a bull market, the very idea of selling against momentum can land you in big losses.

What are the early signs of a bull market? ›

Declining unemployment rate: Bull markets are often marked by a declining or low unemployment, and as people have money to spend, they drive corporate profits higher. Growing economy: Bull markets also tend to coincide with periods when the economy is growing, including positive signs among key economic indicators.

Where do you put money in a bull market? ›

During a bull market, many investors may resort to a low-fee index fund that tracks an entire market such as the S&P 500 in the U.S. or the S&P/TSX Composite Index in Canada, with the hopes of capturing all the gains of the market.

What does 20% bull market mean? ›

One says a bull market is confirmed when a major index like the S&P 500 climbs 20 percent above its most recent low. By that standard, the bull market was confirmed in June, when the S&P 500 closed 20 percent above its October 2022 low.

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