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WhiteBIT Coin (WBT) rose nearly 8% after the exchange confirmed an expanded five-year partnership with FC Barcelona, adding new crypto-linked payment utility tied to the club’s fan experience.
WhiteBIT said the collaboration strengthens its presence in the global sports ecosystem and introduces additional features, including a themed WhiteBIT Nova debit card designed to integrate crypto payments into the club’s fan journey.
The token also continued to benefit from its earlier partnership with Juventus, which has historically supported price growth through increased brand visibility and user adoption.
WBT’s rally has been reinforced by deflationary tokenomics. WhiteBIT maintains a structure that includes regular token burns to reduce circulating supply.
In late April, more than 64,000 WBT—worth around $3.5 million—were removed from circulation, following another burn earlier in the month.
In addition, WhiteBIT allocates roughly 33% of its trading fees toward buybacks, which can help limit sell-side pressure and support price stability during broader market weakness.
WhiteBIT’s expansion efforts have also contributed to the bullish momentum. WBT’s inclusion in S&P crypto indices improved institutional visibility, while a recent listing on Kraken expanded access via new USD and EUR trading pairs.
A strategic cooperation with Saudi-based Durrah AlFodah Holding is also expected to support blockchain adoption initiatives aligned with the country’s Vision 2030, potentially opening additional growth avenues for the ecosystem.
On the daily chart, WBT broke out of a consolidation range that had capped price action near the $55–$56 area in recent sessions. The move pushed the token to an intraday high near $58 before easing.
WBT is now trading above key moving averages, including the 20-day and 50-day levels, signaling strengthening short-term momentum. The Supertrend indicator has also flipped bullish.
If the breakout holds, the next resistance zone is seen near $58–$60, where prior rejection levels were observed. A sustained move above this range could support continuation toward higher levels.
If momentum fades, WBT could retest support near $54–$55, which has become a key level to monitor.
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