• 95% circulating supply (big yes). The majority of it(Over 60%) is with holders.
• Good community following and engagement
• 38m market cap in a growing space. Rank #586. If it makes the top 100 which is very much possible, will have a market cap of about 800m.
800/38= 21X. That's 21x given similar market conditions.
• Low commission, gasless, multichain NFT marketplace
• Clean UIU/UX
• Good partnerships: Expedia, Shooping.io, travala, Viator
• Token burns
TA looks good,
- Broke out of downtrend and laddering up
- Origin level at 4.722. Break and retest is a good buy zone
- Bullish Moving averages aka trend
H/e,
• RSI overbought
• Lots of competition: Opensea, rarible, binance,etc
Idea credit: Bitcoin Chris