Taboo Token Surges by 24% as Recent Growth Continues

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Updated: Nov 15, 2021, 12:07 UTC

TABOO is up by more than 20% over the past 24 hours as the Taboo developers get closer to the launch of their NFT platform, and the cryptocurrency’s price could touch the $0.050 level over the coming days if it maintains its current momentum.

Taboo token (TABOO) is one of the leading performers in the cryptocurrency space at the moment as it continues its recent rally.

TABOO Rallies by More Than 24%

Taboo is one of the leading cryptocurrencies in the market at the moment in terms of performance. It is an adult NFT & Streaming media project that specializes in highly exclusive content.

The platform has models who are not porn stars necessarily, and their content is not like other adult tokens. Taboo is currently curating the most exclusive content creator list in the adult entertainment sector. The Taboo platform was created by the Enjin Coin Marketplace Developers. They remain committed to providing the highest quality and most exclusive SFW, NSFW to XXX exclusive media from content creators.

The TABOO token has been rallying in recent days as the developers edge closer to the launch of their NFT platform. The launch of the Taboo V1 marketplace is expected to take place later this month.

Adult performers Khloe Terae and CJ Sparxx confirmed during a recent AMA that the company is confident that TABOO will be listed on a top 10 cryptocurrency exchange soon. As a result, the TABOO token has been rallying over the past few days.

TABOO Could Rally To $0.05 Soon

What makes the Taboo platform very appealing is the combination of adult content and NFTs. The adult entertainment sector is a multi-billion dollar market. NFTs are very popular in the crypto and media industries, and combining the two is why TABOO is surging higher.

TABOO/USD chart. Source: Coinmarketcap

At press time, TABOO is trading at $0.02985 per token, up by 24% over the past 24 hours. Its price has slightly dipped from the $0.031 it was trading last week. However, if TABOO maintains its current momentum, then it could reclaim the $0.030 level over the coming hours or days.

The Taboo platform is quite appealing as the developers have inserted an application process for interested adult performers to qualify and seek approval before they can feature. The selectivity and exclusivity are set to create a media platform that focuses on quality. Thus, possibly driving the demand.