#ETHRally 💠 The SKL coin… a halal project with strong growth! 💠
📈 In recent days, the SKL coin has recorded a notable increase of +40%, making it the top winner on the Binance platform. This strong rise reflects investors' confidence in the project and the increasing demand from traders worldwide.
🔹 What is SKL?
The SKL coin is the token of the SKALE Network, a platform aimed at solving the Ethereum network's speed issues by providing scaling solutions for decentralized applications (DApps). This means it offers a faster and cheaper environment for developers and users, increasing its chances of adoption and spread in the future.
🕌 Is it halal?
The SKL coin does not represent a usurious company or a prohibited activity, and it is among the currencies allowed for trading on the Binance platform in spot trading, away from futures contracts and usurious interests. Therefore, it is a good option for those looking for an investment compliant with Sharia regulations.
📌 Reasons for the recent rise:
1. Increased demand for Ethereum network scaling solutions.
2. Entry of new investors in large quantities.
3. Positive news about partnerships and developments for the project.
💡 My recommendations:
✅ Gradual buying and not entering with the entire capital at once.
✅ Set a profit target between +10% to +20% of the current price for those wanting short-term profits.
✅ For those who wish to invest long-term, the coin can be held until the upcoming project updates are released.
✅ Commitment to spot trading and avoidance of derivatives or futures contracts.
🚀 In summary: The SKL coin is a strong, halal project that is on the rise, and the opportunity is still available but with prudent risk management.
For your information, it is forbidden and prohibited to trade in it.
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