A few days ago, I bought some $TREE from @TreehouseFi. Due to the market crash, it has dropped a bit.
These days, I am looking for new entry points. 1 is to continue to be optimistic, 2 is to lower the cost.
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I feel that today is a good opportunity for two reasons:
1. The project just launched a staking activity with a 1000% gain, which will calculate the gain ratio based on the staking amount.
Personally, I feel that because the first phase of the airdrop was very generous, in the second phase, users can only buy Tree and stake to seek this 10x profit bonus.
This is beneficial for the secondary price performance.
2. From the perspective of the hourly K-line and the overall market, this position should be a gradual entry point. A market cap of 50 million dollars is indeed not high.
I personally like to consider a market cap of 50 million dollars as an important buying point.
Of course, the first reason is my core rationale for participation. Overall, it is expected to drive the Tree flywheel to turn (
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The first phase of the airdrop was powerful.
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Many participants in the second phase of the airdrop.
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Gain of 1000%.
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Users buy Tree to participate in staking.
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Market circulation decreases.
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Coin price rises.
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Potential airdrop value increases.
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More people buy in and stake to gain.
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Coin price continues to rise.
A perfect logic. Personally, I feel that since the first airdrop activity started, Treehouse has been laying the groundwork. After all, the generosity of the first phase of the airdrop is what led to the continuation of the second phase activities and community confidence.
By the way, they have currently given away a golden branch badge. According to the previous airdrop rules, there will also be potential benefits in the future, looking forward to it.
Moreover, participating in staking can also yield 50% - 75% returns in coin terms.
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I calculated that at Treehouse, you can get four forms of return:
1. The value of the bought Tree increases, 100 million or 500 million? Currently uncertain, but 50 million is not expensive.
2. The potential value growth of the second phase airdrop. If you want high returns, you need to gain more than others.
3. The staking returns in coin terms, which is public and needs no further explanation.
4. The future expectations of the golden branch badge. Based on my understanding of the team, they won't shortchange any group.
I have already jumped in; feel free, everyone, DYOR.