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This social token is having major catalyst, says analyst Sean Benson

Popular analyst Sean Benson shares a low-cap project that is having a major catalyst that can pump price to the moon.

Carbon overview

Carbon is a social crypto hub, providing fully encrypted and decentralised communications, social feed, data storage and more. The Carbon platform is very rewarding. Content creation is rewarded, as is staking, in a fun, gamified rewards system. Carbon combines many common day-to-day crypto activities into one place.

“Currently, those in the crypto space must use many different apps and platforms simultaneously, creating hard work and leaving a lot of scope for error and insecure communications… There needs to be one place where this all comes together. A place you can connect, share, send, receive, subscribe and follow everything cryptocurrency-related, right from your browser by simply connecting with MetaMask. Carbon is the at the place.”

Tokenomics

Carbon (CRBN) is the token behind the Carbon platform. It’s a utility token offering access to features including advertising within the Carbon network, tipping users, entering gaming competitions, special access to paid channels and more.

At the time of writing, CRBN was trading at $0.157, 70% down from its ATH of $0.52. The altcoin is having very small market cap of only $4M.

“I do think that q4 will be very bullish and that when Bitcoin does set a new all-time high then smaller cap coins like Carbon are going to go absolutely nuts. Right now it’s currently an accumulation period but I do think that this is where I‘ll be looking to pick up some more.”

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