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Autofarm

AUTOFARM to $30,000+ IN NEXT BULLMARKETI will explain what Autofarm is, and why I believe this token will go to $30,000 or higher in price. Autofarm (AUTO) is one of the most under-rated tokens in crypto. I believe that tokens that serve a purpose will be around in the future, while garbage tokens that have no utility will die out in this bear market - just like previous bear markets. AutoFarm is a yield farming aggregator running on both Binance Smart Chain (BSC) and many other smart chain protocols. It has a circulating supply of 34963 tokens, and a max supply of 80,683. This means there will never be more than 80,683 tokens in existence. You know what other token was yield aggregator token with a similar circulation supply? YFI (Yearn Finance)! And that almost hit a price of $100,000 per token in the last bull market. However, Autofarm is better and different that Yearn Finance! What makes Autofarm better is a couple of things: - It is already the absolute best TOP Yield Aggregator on the following chains: GNO, HECO, OASIS, OKEXCHAIN, BOBA, VELAS - It supports other chains as well, including: MATIC, CRONOS, BSC, AVAX, FTM, AURORA, MOVR, CELO, ONE. - It is a deflationary token. Meaning the supply of Autofarm decreases over time! More and more tokens are burned often. With supply going lower, there will eventually be more demand. Currently, 2436 Auto tokens have been burned forever. - The market cap of Autofarm is only $10,000,000! That's basically nothing - YFI is not a deflationary token, doesn't support as many chains, and the dev also left the project. Defi is the future, and we all know that such protocols are in demand and will continue to be in demand. This token has already been listed on major exchanges like Binance, CoinEx and Cryptocom - making it very easy for anyone to buy Once the bull market is back, we expect the entire crypto market cap to get to atleast 6 trillion dollars in the next big bull run. Defi and Yield Aggregator's end up doing great in bull markets. By the time we get to the next bull market (2025), more Autofarm tokens will be burned from the supply, vault fees are used to perform market buy-backs of AUTO and burnt forever. In 18 months, 2436 tokens were burned. So using that figure, we estimate that in 30 months (Early 2025), about 5000 more tokens will be burned We estimate that roughly about 30,000 of these tokens will be in circulation come 2025. This means that the price of each token will increase in value. We have made calculations as to how high this token can go using the market cap. Remember, the figures below only show a supply of 30,000 by 2025: Market cap of 10m, price per token = $333 Market cap of 100m, price per token = $3,333 Market cap of 1b, price per token = $33,333 Market cap of 10b, price per token = $333,333 The all time high for Auto was almost $14,000 per token. And this was also back when there was more supply in circulation. In time, more and more of these tokens will continue being burned. This means that in 1 decade, we could see this reach a much higher price. Autofarm has been audited by 3 different auditors, including Certik. And also has a github page. To me, having multiple audits + a github page is always a good thing when it comes to evaluating tokens I mentioned earlier that my target for this is $30,000 in 2025. This would require a market cap just shy of 1 billion dollars at a supply of 30,000. Yearn Finance easily surpassed 1 billion market cap, and almost reached a 3 billion market cap. I believe this is a strong project and it is a steal at the current price. I also believe we will see the price drop as we go deeper in the bear market, which should make this a nice coin to dollar cost average. I believe there is a good chance that AUTO gets below $100 in the upcoming months, and a very low chance it gets to $50. Should also likely get a couple bounces in small bull phases from now till halving, possibly to $600. BINANCE:AUTOUSDT BINANCE:AUTOUSD BINANCE:AUTOBUSD COINEX:AUTOUSDT GATEIO:AUTOUSDT
ALong
by Coindatahouse
7
autofarm AUTO to min 2226$ in wave 3Hi everyone, autofarm RSI is warm and good upside and momentum is increasing also money flow gradually come in. Market cap increased well in the last month... All the stars seems to be aligned for a breakout to at least 2228$. Everything look in place for AUTOUSDT . Here are potential Wave 3 targets for AUTO if he can exit this Rising Channel : Exits : 161.8% - 2228$ (minimal target projection) 175% - 2326$ 200% - 2511$ 261.8% - 2968$ 161.8% log = 3577$ (potential) Wave 2 retracement was light which can contribute for a stronger wave 4 retracement later. Have a wonderful day ! Best to you. Crypto Mercy
ALong
by Crypto_Mercy
1
AUTO/USDT Update: Reversal and 700% Recovery has startedAUTO mimics the movement of Ellipsis (EPS). We broke out of the downwards parallel channel and got a very nice volume increase. Currently we look for new support where we had our last resistance. If this gets validated we can expect more upside momentum. Basic rules: - Never buy the top/ATH - Take profit as long as you can - Use Stop/loss for leveraged positions - If you are not experienced, don't leverage in the first place Enjoy the ride and don't be too greedy. If you like the content, please like, comment and give this channel a follow. Always do your own research and keep in mind that my charts and comments cannot be considered financial advice. Cheers ps. Chart explanation: Main lines: - Green lines are tested support lines. - Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet. - Cyan line is for volume trendline. Helplines: - Purple lines are trendlines we take a look at. - Yellow lines are for visual help only. Boxes: - Either entry zone or support zone. Check the description.
ALong
by tumbler55
3
AUTO farm token is on the way to ATH (300% likely)AUTO MC has been very low only 60M, Total supply of 80,000 (with circulating supply of only 14.6K, good platform with a good business model, Listed on binance, with previous ATH of 12K. With a projected defi token value of 1B (diluted) it has got a 3x room left to grow easily. With a projected defi token value of 1B (current circulating supply) it has got 15x room to grow. Knowing that all tokens listed on binance of those were generated in launchpool on binance gneerally moved lower first and then went sky high.. Its a no brainer to invest a small chunk and let it rip. (btw I understand its too early for fibonacci on an hourly chart so just focus on the fundamentals and Moving averages all pointing to move up, Higher lows, and good room to grow on the bollinger bands)
ALong
by MaxGravity
AUTO/USDT Update: Bullish H&S last time buyAUTO/USDT just forms a bullish head and shoulders pattern. If this pattern gets through we now look at the best and currently last opportunity for a good entry. After the first barrier we look at 8k and then finally 16-20k. There was a volume increase touching the upper resistance --> Bullish sign. Basic rules: - Never buy the top/ATH - Take profit as long as you can - Use Stop/loss for leveraged positions - If you are not experienced, don't leverage in the first place Enjoy the ride and don't be too greedy. If you like the content, please like, comment and give this channel a follow. Always do your own research and keep in mind that my charts and comments cannot be considered financial advice. Cheers ps. Chart explanation: Main lines: - Green lines are tested support lines. - Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet. - Cyan line is for volume trendline. Helplines: - Purple lines are trendlines we take a look at. - Yellow lines are for visual help only. Boxes: - Either entry zone or support zone. Check the description.
ALong
by tumbler55
6
AUTO/USDT Recent listing on Binance and all Coins in circulationAUTO got recently listed on Binance and is still a very young project. It's a yield farming aggregator running on the Binance smart chain and Huobi Eco chain. After the listing we got back to the price level from before. However nearly all coins are currently in circulation and both chains are getting more and more attention. The pevious ATH is around 13'500$ and therefore our second target. Basic rules: - Never buy the top/ATH - Take profit as long as you can - Use Stop/loss for leveraged positions - If you are not experienced, don't leverage in the first place Enjoy the ride and don't be too greedy. If you like the content, please like, comment and give this channel a follow. Always do your own research and keep in mind that my charts and comments cannot be considered financial advice. Cheers ps. Chart explanation: Main lines: - Green lines are tested support lines. - Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet. - Cyan line is for volume trendline. Helplines: - Purple lines are trendlines we take a look at. - Yellow lines are for visual help only. Boxes: - Either entry zone or support zone. Check the description.
ALong
by tumbler55