Already climbed to the top of the gainers list $TREE
Why is it so amazing? You need to take a good look, don't miss the wealth list!
TREE has a strong backing of resources behind it, and it is a fixed income decentralized token, currently on both the Ethereum and BNB chains. It has already been listed on major exchanges, and today, despite the overall market downturn, it has risen against the trend!!!
Is it the market makers deliberately pushing up the price or has the bottom consolidated enough to see this upward trend? Since its launch on Binance, it peaked at $1.32, but then quickly dropped as early private placement holders continuously sold off, reaching a low of 0.46 before stabilizing.
Currently, from two perspectives, TREE has a lot of upward potential:
1. The traditional fixed income model provides retail investors with stable online returns, as long as they stake TREE tokens, they can earn an annualized return of 50% to 75%.
2. The TREE token locking mechanism is quite solid; currently, less than 20% of the supply is in circulation, indicating that holders are optimistic about TREE, and compared to PENDLE, there is at least a potential upside of around 10, making it worth accumulating!
The current market operation suggestion is that this fixed income project is definitely worth watching, as retail investors are still the majority, and it is not commonly seen in DeFi, with strong backing behind it!
You can accumulate during pullbacks, I will strategically manage short-term fluctuations, and for spot trading, enter at the current price!
