#FIS is a liquidity release protocol that provides liquidity for staking tokens in the POS mechanism.
Through STAFI, users can stake tokens while receiving RTOKEN as a certificate. Based on the POLKADOT decentralized finance (defi) protocol, it addresses the limitations of traditional staking methods.
With the continuous growth of data retention demands in the digital age, the $FIS token has significant development potential and application prospects within this ecosystem.
However, as a new coin is launched, following the usual pattern, new coins typically see a surge, then a significant drop. Randy will monitor the market and look for suitable opportunities to short.
Currently, there is a clear downtrend from the hourly chart. Di Ge does not recommend entering to chase longs; it is advisable to short at the current price, with a stop loss at a new high, and to keep it light.
