TABOO Token Gains Bullish Momentum
• TABOO recently secured $10 million in funding at a valuation of $250 million.
• The TABOO token has been gaining attention from investors and traders as its price has increased steadily.
• The raised funds will drive growth, enhance product offerings, bolster security measures, strengthen marketing efforts, and pursue potential acquisitions.
Funding Round for TABOO
TABOO recently closed a successful funding round with a private family office helmed by a former senior executive from J.P. Morgan. The investment totaled $10 million at a $250 million valuation, which marks an important milestone for the platform. With this new capital injection, TABOO is well positioned to continue its expansion and establish itself as a leading player in the adult entertainment industry.
Bullish Market Performance
TABOO’s token has seen significant growth over the past several weeks since being listed on major exchanges such as Binance and Coinbase. According to data obtained from Coinbase, the exchange rate of TABOO has experienced an impressive increase of 18.62% over the past 7 days. As more investors enter the market and recognize the value of blockchain-based adult entertainment platforms like TABOO, this bullish trend is expected to persist in Q1 2023 and beyond.
Chief Executive’s Statement
TABOO’s CEO James expressed his enthusiasm for the successful investment round: “This new funding will take us to the next level! Blockchain and NFTs are going to be key components of adult entertainment media platforms moving forward – we are determined to lead this charge!” With this latest infusion of capital, James believes that TABOO is poised for long term success in an increasingly competitive marketplace.
The successful completion of an investment round totaling $10 million at a valuation of $250 million indicates that there is considerable demand for blockchain-based adult entertainment services like those provided by TABOO token holders. As these tokens gain more exposure on major exchanges like Binance and Coinbase, they are likely to experience continued bullish momentum in Q1 2023 and beyond as more investors enter the market with confidence in their prospects for long term success