'WHAT THIS... ABOUT ALL?' Why People rush now to sale? #SOL is trending up still! It already left one-O- 5, For Real, Not to Bluff. Teea is calling one one seven, Where, U will find SOLANA soon. If not, U say: "this guy is not EVEN" #DYOR #Write2Eam
Exactly the same day, last year PYTH team unlocked a huge amount of tocken sooner than the scheduled timeframe. The action created big confusion and blured community trust which negatively impacted the price and the overall performance of the asset. The token price continued dropping, the asset performance remain poor even when the overall crypto sentiment was very good.
In spite of this, an additional massive amount of token (over 28% of the total supply) has been unlocked early today, as a result the price is crashing even more and feels like a "shitcoin".
Will $PYTH recover from the damage soon? It will depend on several factors, one of the most important factors is the continuous development of the plateform to improve service efficiency.
The team should develop an innovative strategy to improve PYTH service efficiency and competitiveness... Let's wish a successful PATH to PYTH!
Why does JasmyCoin have huge potential? Opinion on Jasmy coin, aka “Japan’s Bitcoin”
JasmyCoinis one of crypto assets with huge market potential, though it's undervalued right now.
What are fundamental reasons to justify its future potential?
- Jasmycoin it's a utility coin, hence has a purpose. It belongs to a group of crypto assests known as Decentralised physical infrastructures (DePin), Internet of things (IOT), it emerged as a market place where individuals can control, sell their data and generat income.
Data market is a huge business and has been controlled by traditional and centralised mega campanies such as Google since the beginning of internet era. JasmyCoin and likes have revolutionised the traditional business model by creating a Decentralised and user controlled data marketplace.
- Since data business is a well established and multi billion dollars business, Jasmy as Decentralised data marketplace,finds itself in a better place to tap into already established mega business opportunities.
- JasmyCoin is one of the OG crypto assets who manage to survive for decades in the most fragile crypto industry, hence it has built a strong foundation and huge community which ensures sustainability of the project.
- It's current FDMC is around $650 Million and it's annual inflation rate is just 0. Almost all created (50 Billion) coins are in the circulation. Given total crypto market capital expected to reach 5 -7 trillions USD within next 5-10 years, imagine how much would be Jasmy's price, if it could have 1% market share from the total crypto market cap within the next few years!.
- Jasmy platform is continuously evolving, for instance recent integration with Chainlink’s Cross-Chain Interoperability Protocol (CCIP) is one of the remarkable developments around the JASMY ecosystem. This integration efficency by ensuring a seamless transaction across multiple chains.
- Crypto market is usually governed by narratives, IOT is one of the best crypto narrative. These are strong logics to argue!
- Phase one: Trump teweet or speech and a sudden rise of a price followed by price squeeze and continued price fall until previous support level is broken.
- Phase two: a similar pattern of sudden rise of price then short positions liquidation followed by a brief moment of price pump and squeeze followed by a news titled 'massive long positions liquidation'
Phase Three: Trump family teweet followed by Phase One, Phase Two and Phase Three. See the graph:
What if it reached just 10% of it's ATH? How much would be a profit, if I buy $10 worth of Curve at current price (0.3)? In 2020, it's price was over $60. Let's do a maths.
Imagine, if it reached just 10% of ATH, a price will be $6 per token. That means turning $10 to $200 It's very tempting. Should I go for it? #DYOR
For any crypto enthusiast, trader; large or small, and any person on the street, it would be unjust to keep silent and not to fight for the freedom of speech and for the protection of privacy. I support DUROV !