🪙 $SLF at historical lows: Time to catch the crypto rebound? 🔥 Analysis

Selfchain! Hello, crypto explorers! 👋 Today we are examining Selfchain

($SLF) — an innovative project of modular MPC/L1 wallets, whose token

dropped by -90% from ATH and is currently trading at historical lows! 📉 But

is everything really hopeless? Or is this a chance for early adopters? Let's figure it out with

the emojis! 🚀

💡 Selfchain is a modular L1 network built on

the Cosmos SDK, which simplifies the creation of secure MPC wallets for

users, DAOs, and institutions. Key features:

🔑 MPC + Intent-Centric Architecture: Secure key management + "smart" transactions.

🧩 Modularity: Easily integrate wallets into dApps, DeFi, GameFi.

🛡️ Multi-chain: Support for Ethereum, Bitcoin, Cosmos, Solana, and more.

Token $SLF: Network governance, staking, gas payment, access to premium features.

📉 Why is $SLF at the bottom? Reasons for the decline:

1️⃣ General crypto bear market 🐻📉: Altcoins, especially infrastructure ones, have dropped more than BTC.

2️⃣ Low network activity 📊: Mainnet was launched recently (Q1 2024), the ecosystem is in its infancy.

3️⃣ Sell-offs by early investors 💸: Some private rounds were unlocked against weak demand.

4️⃣ Competition ⚔️: Safe (Gnosis), Ledgermatic, and other MPC solutions.