After the positive pull of #UMA in the previous two days, today we saw the second violent pull of the #API3 project. We tried to find the reason and analyze the past data to give everyone a better reference! To judge the potential of API3 this time!
First of all, we looked at the official news. Except for a piece of indifferent information, there are no major changes. Therefore, we can basically confirm that this coin is most likely to be a periodic pull-up. There are many projects like this, such as the previous UMA, mask, auction, etc., all of which have this phenomenon!
Through Figure 1, we have drawn the performance of each pull. As a quantitative reference, in the past, it basically ended within 1-2 days. The overall price increase is between 45% and 80%. The sustainability is not strong, so I believe everyone has a certain judgment and reference on the current API3! It's risky to follow.
In the inscription market, yesterday some special's WEB3 wallet has launched the inscription area. At present, most of the inscriptions have been cut in half or GG. We are still optimistic about the bull market brought about by Inscription. Because this narrative is most consistent with the logic of the bull market and the ability to undertake funding. Remember to buy a faucet, BRC is the first choice. The EVM inscription on the public chain should not be underestimated, but you must buy a faucet, such as #FTM . The public chain inscription faucet #FANS is also a good choice. It has strong community drive, good narrative and explosive potential, and its current market value is only 89 Thousands of dollars! You can focus on it. After all, in the later period, every public chain will have a leading inscription taking off!