$IOTA rebased is a 🧨 they’re doing wild things, just check their X. In s way $XRP competitor on steroids with the smart contracts.
A veteran token coming back to life with Move. The new Mainnet should go live in a matter of weeks, and with the experience team gathered through the years it really makes the future exciting.
It performs super solid in this turbulent times. Let’s see what lies ahead. DYOR.
Can a low cap gem $DATA follow similar competitors $PHA & $STPT ? Stable growth in February for now. Most likely Whales are needed for a more serious breakout.
Decentralised AI networks are continuing to grow attention. After PHA, today we witnessed the 50% jump on $STPT .
Streamr $DATA is lacking community and whales support. It's a similar network with much more work done by the team that is getting unnoticed. Do your own research, and if you find value in it, support the team.
$DATA is catching up a good trend and people still suggest scalp (1-2%) trades. Doesn’t make sense to me. Volume is too low. You’re gonna drown it. Let it flourish instead like $PHA
$DATA is suited for long term trades. Long or short positions. Keep seeing scalp trades that imo with such a low volume don’t make sense.
Let’s dive in. Roughly 400k of DATA moves price for 2%. Up or down. That’s $20k. If we take multiple traders into account and trade fees, it leave very little room for profit.
My suggestion is to be patient in whatever sentiment you think is right. It has a potential to become new $PHA and a history of 6x ATH.
$DATA is still not ready for scalp, 1-2%, trades. There simply isn’t enough volume to liquidate such trades in a meaningful way. Just look at the order book and take other traders into account.
This token is currently suited more for long term trades. Personally, hoping for $PHA scenario.
$DATA there isn’t enough volume for scalp trading. All these 1-2% trades don’t make sense until it evolves a bit. You’re losing money since that’s exactly what grid bots want. Look at the order book.
Instead, rather keep long or short position and let it become new $PHA . They are similar in every way.