🤫📩 I opened a small bag on $REI
Out of speculation. I would share you the trade I made but I had to convert USDC to obtain it (I am from Europe).
So what is REI?
Its somewhat a fast and cheap blockchain, aiming to be very adaptable to Ethereum. It claims to have a higher performance and according to them - a no-cost blockchain.
A similar coin to REI would be POL - which I already talked about and also bought.
What is needes to make REI fly?
A stronger ETH than now.
We are sitting on a 19m marketcap and its ATH was roughly around a year ago with 0,35$.
If this reach 100m marketcap, its an easy 5x from todays price. I do believe it can achieve even more IF we see ETH over 2k or 3k again.
I opened this position and put them
on Binance Earn Flexible with a current of 1,45%
APR.
Its a invest for long term, nothing short termened intended.
Since ETH needs to be strong (and will be strong in near future) - this coin might just be one of its many benefitors.
I do feel this coin is overlooked a bit and its below under the radar for many. But it has potential. High risk but with alot of potential.
Cheers.
We move.