NEAR / TetherUSLong
NEAR PROTOCOL - SANBOX
Updated
Here we have an opportunity !
This is a SMART CONTRACT PLATFORM... in simple words it is ETHEREUM without the huge GAS expending.
And we are not talking about an ETHEREUM competitor from the outside... You can have the ETHEREUM CONTRACTS runing with the NEAR PROTOCOL, so all the developers that learnt with SOLIDITY they can run their contracts with NEAR also...
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Technical analysis
On the chart you can see the psychological price levels that are predetermined by our subconscious. These prices are exposed by the numbers of nature: the fibonacci sequence
In these price levels you will want to buy or sell depending on the path of the price... so the price action is going up and you don't know when it gonna stop... well fibonacci knows where...
Buy Range : $2 - $4.7
Stop Loss : Daily close below $1.5
Target 1: $11
Target 2: $17
Target 3: $28 (JAN 22) (1400% PROFIT)
- Really good daily and weekly candlesticks.
- Expecting some very short-term correction to $2 (opportunity to buy)
- Good upside projection
- Volume is holding strong
- Good risk/reward
------------------------------------------------
Fundamentals
Only knowing that this protocol address the main issue that doesnt allow Ethereum to go mainstream (too expensive), but allowing the users of Ethereum to go with NEAR without any trouble gives you a notice.
On Social Coinrank gives them 95/100.... they are very very wrong...
I will give them 100. They have a really nice community with good projects and growing right now, you can check the forum is awesome gov.near.org
82.600 followers on Twitter
NEAR protocol have 7 guilds !!! Big community with projects with purpose.
Rank #68 COINMARKETCAP - MARKET CAP $1,280,000,000
Developer Rank 98/100 according with Coinrank.app ---> 456 commits in the past 4 weeks.
And they are doing a bootcamp where developers can get a certification as NEAR DEVELOPERS, I am my self part of this bootcamp. So we will see more growing in the ecosystem
------------------------------------------------
Comparison
What gives value to Ethereum? --> Transactions, Contracts, Community
Well, we can have the same contracts and transactions efficiently with NEAR, and the community is strong!
NEAR
Transactions: 160.000 aprox in 24h (growing also, it was 120.000 on may) explorer.mainnet.near.org
Fees: 0.0001 NEAR => $0.00035 for any transaction
ETHEREUM
Transactions: 1.140.000 aprox in 24h (decreasing, it was 1.500.000 on april)
Fees: 13 GWEI => $3 for an ERC20 token transaction
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Extra
dApps are a big deal on blockchain, it is how users interact and create value like with DeFi, and here is a list of dApps on NEAR:
NEARPixels – Near Pixel Party is an NFT based game with a total supply of only 600 tokens.
NEARNames – A fun app that lets users gift NEAR accounts to anyone.
Ref Finance – A community-led, multi-purpose decentralized finance (DeFi) platform.
Rainbow Bridge – Allows developers to transfer Ethereum assets and smart contracts to NEAR.
Berry Club – The first yield farming app on NEAR.
Sputnik DAO – Providing the Infrastructure to create funding and team DAOs.
Pulse – An open-source app for prediction markets built on the Flux Protocol.
Paras – An all-in-one, social, digital collectibles marketplace for creators and collectors.
Flux – Prediction market
I am very excited with the Sputnik DAO, this is really awesome you can create your own voting system, vote, propose, fund ideas, and more.
-------------------------------------------------
Hope you liked !
Disclosure: I do not give financial advise, do your own research, best luck you all !
This is a SMART CONTRACT PLATFORM... in simple words it is ETHEREUM without the huge GAS expending.
And we are not talking about an ETHEREUM competitor from the outside... You can have the ETHEREUM CONTRACTS runing with the NEAR PROTOCOL, so all the developers that learnt with SOLIDITY they can run their contracts with NEAR also...
------------------------------------------------
Technical analysis
On the chart you can see the psychological price levels that are predetermined by our subconscious. These prices are exposed by the numbers of nature: the fibonacci sequence
In these price levels you will want to buy or sell depending on the path of the price... so the price action is going up and you don't know when it gonna stop... well fibonacci knows where...
Buy Range : $2 - $4.7
Stop Loss : Daily close below $1.5
Target 1: $11
Target 2: $17
Target 3: $28 (JAN 22) (1400% PROFIT)
- Really good daily and weekly candlesticks.
- Expecting some very short-term correction to $2 (opportunity to buy)
- Good upside projection
- Volume is holding strong
- Good risk/reward
------------------------------------------------
Fundamentals
Only knowing that this protocol address the main issue that doesnt allow Ethereum to go mainstream (too expensive), but allowing the users of Ethereum to go with NEAR without any trouble gives you a notice.
On Social Coinrank gives them 95/100.... they are very very wrong...
I will give them 100. They have a really nice community with good projects and growing right now, you can check the forum is awesome gov.near.org
82.600 followers on Twitter
NEAR protocol have 7 guilds !!! Big community with projects with purpose.
Rank #68 COINMARKETCAP - MARKET CAP $1,280,000,000
Developer Rank 98/100 according with Coinrank.app ---> 456 commits in the past 4 weeks.
And they are doing a bootcamp where developers can get a certification as NEAR DEVELOPERS, I am my self part of this bootcamp. So we will see more growing in the ecosystem
------------------------------------------------
Comparison
What gives value to Ethereum? --> Transactions, Contracts, Community
Well, we can have the same contracts and transactions efficiently with NEAR, and the community is strong!
NEAR
Transactions: 160.000 aprox in 24h (growing also, it was 120.000 on may) explorer.mainnet.near.org
Fees: 0.0001 NEAR => $0.00035 for any transaction
ETHEREUM
Transactions: 1.140.000 aprox in 24h (decreasing, it was 1.500.000 on april)
Fees: 13 GWEI => $3 for an ERC20 token transaction
-----------------------------------------------
Extra
dApps are a big deal on blockchain, it is how users interact and create value like with DeFi, and here is a list of dApps on NEAR:
NEARPixels – Near Pixel Party is an NFT based game with a total supply of only 600 tokens.
NEARNames – A fun app that lets users gift NEAR accounts to anyone.
Ref Finance – A community-led, multi-purpose decentralized finance (DeFi) platform.
Rainbow Bridge – Allows developers to transfer Ethereum assets and smart contracts to NEAR.
Berry Club – The first yield farming app on NEAR.
Sputnik DAO – Providing the Infrastructure to create funding and team DAOs.
Pulse – An open-source app for prediction markets built on the Flux Protocol.
Paras – An all-in-one, social, digital collectibles marketplace for creators and collectors.
Flux – Prediction market
I am very excited with the Sputnik DAO, this is really awesome you can create your own voting system, vote, propose, fund ideas, and more.
-------------------------------------------------
Hope you liked !
Disclosure: I do not give financial advise, do your own research, best luck you all !
Note
Disclaimer
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