Real World Assets (RWAs) is one of the trends that is receiving great attention in the cryptocurrency market and TradFi.
Large companies like JPMorgan and Bank of America are jumping into the RWA tokenization space and recently BlackRock, a company with 10 trillion AUM, launched a $100 million tokenization fund focused on RWAs.
Grand Base is a DeFi project focused on artificial RWAs, providing users access to RWAs without ownership.
Grand Base is one of the only projects focusing on RWAs on Base Chain. Base recently reached $4B TVL and surpassed Blast to become the 2nd largest Ethereum Layer-2 in the market.
Grand Base is expected to launch mainnet in the near future after audit v3.
According to project information, Grand Base has currently minted 35% of the total supply and the remaining 65% will be minted when the mainnet launches, that 65% will be used as staking rewards and incentives. According to the project's tokenomics, only a total of 15% belongs to the project team and private sale.
As promised, I will post how to catch strong Altcoin dips. You may or may not know it. However, if it is useful, please support me by typing/retweeting/commenting so I can make more useful posts.
What is a healthy Altcoin? A healthy Altcoin is an Alt with a good recovery rate, outperforming the other codes. After the sharp decline, the coins fell to the support zone then reacted like withdrawing their whiskers and rebounding strongly
There is a way for you to quickly identify, that is to go to the Binance/Bybit app, go to the Market section, then filter the codes with the highest percentage or less.
=> We can choose to capture any code that has a growth % greater than %BTC. For example, BTC -5%, we choose large -5% codes such as -1%,0%, 1%, 2%,...
Normally, people think that the deeper a code drops, the better it will be because it's cheaper. If it bounces back, the more we can win, but this thinking is wrong. A strong code is a code that drops a little and recovers strongly👍
Then we need to combine it with a few additional skills:
Basic technical analysis: Need a little technical analysis, we need to see if that code is in the correct support area, is the RSI diverging or not?
Consider BTC: Considering BTC is an important factor, considering whether BTC is in the correct area we observe or not, has BTC reached the support zone, has it withdrawn,...
If you have any more ideas, please comment below👇
Please join the group to discuss -> scan the code below
With less liquidity at the end of the week, it is likely that BTC will go sideways in the wedge. If we can stay in the 61-62k zone, we will see BTC retest the 68-70k zone However, if this zone breaks, BTC will move towards 58-55k
The beautiful scenario is that BTC sideways rebound + Dom decreases for Altcoin to rebound. However, it is still possible to avoid a bad situation. At this stage, you should reduce your trading volume.
Wait for the weekly candlestick to close and if anything changes, I will update you
Is the plan clear yet, guys? Has anyone collected any pieces yet?
Yenirdang
--
UPDATE #BTC
BTC has had a downward trend from the peak of 73k. Currently, this is just a necessary correction in an uptrend. So don't worry too much.
For those who hold #Spot, this is an opportunity to collect more goods For those who follow Long's side in the future, this period requires observation and waiting. Those who are short can surf in the short term
BTC has returned to the area in the picture. You can watch and catch a buy order for BTC, stl 58800. At the same time, you can also watch and catch a few Altcoin codes with good recovery rhythms.
BTC is following PLAN, those who are not yet in the altcoin market can gradually divide into this price. When the price flew, he asked if this one could come in, or if that one could come in. List here #btc
Yenirdang
--
UPDATE #BTC
BTC has had a downward trend from the peak of 73k. Currently, this is just a necessary correction in an uptrend. So don't worry too much.
For those who hold #Spot, this is an opportunity to collect more goods For those who follow Long's side in the future, this period requires observation and waiting. Those who are short can surf in the short term
BTC has returned to the area in the picture. You can watch and catch a buy order for BTC, stl 58800. At the same time, you can also watch and catch a few Altcoin codes with good recovery rhythms.
BTC has had a downward trend from the peak of 73k. Currently, this is just a necessary correction in an uptrend. So don't worry too much.
For those who hold #Spot, this is an opportunity to collect more goods For those who follow Long's side in the future, this period requires observation and waiting. Those who are short can surf in the short term
BTC has returned to the area in the picture. You can watch and catch a buy order for BTC, stl 58800. At the same time, you can also watch and catch a few Altcoin codes with good recovery rhythms.
The much-awaited Ethereum Dencun upgrade has officially been deployed on the mainnet, introducing “blobs,” which are expected to make layer-2 transactions significantly cheaper.
Including EIP-4844, the upgrade was activated online on epoch 269568, around 9pm Vietnam time.
With this upgrade, it is expected that layer-2, LSD,... will receive attention. Those of you who are holding projects like $OP, $ARB, $LDO, $SSV,... should keep your hands tight. .
With the launch of Ethereum's "Dencun" upgrade on March 13, the Layer 2 ($OP,$ARB,..) and LSD ($LDO,$RPL,..) protocols will be the main protocols. formula that would benefit the most from proposal EIP-4844. A rare commodity that is currently in the process of accumulation and not yet running like other protocols is $FXS .
Frax Finance is also currently building a layer 2 called Fraxchain built and using OP's technology. There is currently information that Fraxchain will be launched at the same time as Dencun.
Currently the total amount of $FXS is being staked on the protocol up to 43% of the total supply ==> it is easier to push up the price.
$FXS Currently, there is a fairly sustainable weekly accumulation frame and there will likely be a break out in the next wave of altcoins.
How's your account? As for me, I continuously broke the peak. $dexe $BTC $wld $rlc $ai
Yenirdang
--
Bitcoin is approaching its old peak, is this the time to HOLD COIN!! Are you interested in how to get COMPOUND PROFIT in the upcoming uptrend season, x25-x100 times your account. PLEASE LEAVE A COMMENT BELOW. I will share it. #bitcoin #lowcap #uptrend
I see many people getting burned at this stage, which is a pity. After a few beard sweeps, many of you must have gone out
Before Altcoin can fly away, you will have no money left. This has to do with Capital Management. When investing in anything, there are risks, let alone Crypto, the higher the risk, the easier it is to trade in the future. Yet, many people still rely on it, and the mentality of greed prevails. Well, that's a lesson for everyone. I used to be like that too.
Capital management has now become a habit for me. I divided my capital into 80-20. 80% for spot and only 20% for future.
Trading futures only helps you make more profit in the short term. But I got rich thanks to Spot.
If you ask me how to manage capital when Trade Future. It's quite simple, you can refer to it. I calculate the volume of orders according to the formula below, then go steady, my account can handle 10 or more futures orders, in reality I only trade a maximum of 6 orders at the same time. If calculated with the above formula, keep the SL fixed at 10%. Capital management is done, the rest depends only on Trade skills.
If you have any good ways to manage capital, please share them below in the comments for everyone to refer to
About #BTC ✨Short term#BTCmay move sideways in a range of 59kx-68kx for a while. In this section, we watch the two edges to see the reaction to the transaction. The lower limit is for a Long position. If there is a reaction in the 68-69k area, you can enter a Short position
✨Regarding #Altcoin, we also monitor BTC to 2 trading margins for better optimization. Note that the codes L2, LSD, POW have recovered quite well, these codes will benefit from the#ETHand Halving events during this period.
✨Regarding #Spot, you don't have to worry about sweeps like that, just be sure
BTC, after a strong upward momentum, has now leveled off and gone sideways. Normally, with an increase like this, BTC will continue to push up one more beat like an inertial beat
If you watch the 61k-59k area, you can make a buy order. SL somewhere around 28k1.#ETH#PYTH #TIA
$BTC runs as planned, almost matches ET 61k otherwise it's a good sip 3k at a sad price👌 Those who are looking forward to the new#BTCPlan, please like + reup this post
Yenirdang
--
UPDATE #BTC
BTC, after a strong upward momentum, has now leveled off and gone sideways. Normally, with an increase like this, BTC will continue to push up one more beat like an inertial beat
If you watch the 61k-59k area, you can make a buy order. SL somewhere around 28k1.#ETH#PYTH #TIA