Recently, many friends have asked me if $NTRN is a bottom and whether it can be entered? Here, I will analyze it for everyone.
From the current perspective, NTRN is only listed on nine exchanges, and its daily trading volume has not even reached 20 million USD, which may lead to severe price fluctuations. In terms of competition, INJ has always performed better than it, and NTRN still needs to accelerate its growth rate.
Two key points. First, the institutional holdings are opaque; they have never disclosed the holdings of this token, leaving many investors puzzled. Second, community governance is low; the core development team of NTRN consists of former members of LDO, and they have not publicly disclosed further developments recently, which may cause long-term believers in it to lose confidence. These are the two main reasons for the continuous decline from the peak.
This token will welcome a mainnet upgrade in September and announce partnerships with ARB, Base, etc., which may trigger further increases. You can enter a small portion of your position first, with a target of 0.15-0.2 USD, and defend at 0.08 USD. Positive news will ferment in advance, so you can lay in wait first!
