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DEFI

SRM: Near-Term PT $15Diagonal / wedge structure that has a remarkably similar shape & feel to May - July has a near-term target of $15... SRM just received a major investment ($75 Million) from Tiger Global. This is one of the largest Hedge Funds in the entire world with $95 Billion in Assets Under Management (AUM). The reason this is a big deal for the state of DeFi / Crypto is that this is one of the most mainstream investors in terms of views on crypto that we could have enter the crypto foray. This is just as big as Dalio who has so far only dabbled his toes into the crypto space. A $75 million investment in the Serum Protocol is not just a mere dipping of toes but a full on swan dive into the pool. Most VC backed ventures only raise $1-3 million dollars in total. This shows the extreme confidence from one of the smartest minds in the world. Believe me, Tiger has a field of analysts that are 10x smarter than the rest of us, and they are going with the narrative of investing in geniuses like Sam Bankman-Fried who is the mind behind SRM and the Serum Protocol that on the surface appears to only be a DeFi trading project in reality is MUCH bigger than just DeFi. The entire ecosystem has many different projects using the Serum Protocol as its central engine. SRM is built using the Solana Protocol which currently boasts 65k TPS. In my view Serum will overtake all DEXs (with their bloated fee structure and much slower finality in trading) on ETH protocols... which at last view if we just add up the market caps of the top 3 (Pancake, Sushi, and UNI), we get nearly $15 billion in market cap. Knowing that SRM is at 65k TPS and is scaling to 1 million TPS and 1 billion users and has major minds like SBF and Tiger Global behind it - I fully expect to see SRM dominate the DEX space in 2022 and garner 80% market share of all DEXs... let's just say that all DEXs today have a value of $40 - $50 billion. At 80% that means SRM could rise to $32 - $40 Billion Market Cap in 2022. At the current market cap of $400 million that means a price of approximately $30. Uniswap reached a market cap of $22 Billion USD at its height but remember, this was on the ERC-20 protocol which is bloated, slow, and VERY expensive per trade. SRM is essentially free to trade, extremely fast, and is scaling to 1 million TPS in 2022. We could easily see a $40 Billion valuation in 2022 in my view and a PT of $30 in intermediate term.
SLong
by ich1baN
Institutions in CryptoHi! During every market selloff when fear is great there are also good opportunities to those who are not controlled by fear. Wanted to point out one of them. This could be one of the most exiting projects in Crypto this year. Side-note: I am holding their tokens since public sale and I'm bullish on that project. This chart shows pretty well how I like to operate in Crypto markets and you can read about it from my previous post: Recent market selloff has brought QRDO price down and to me it is in buy zone (I have long-term view). Basically they are providing the most secure custody for digital assets and they are mainly targeting institutions. But regular people can use their solutions as well. I'm using their wallet to store QRDO tokens and everything works like clockwork. In addition to that, simply just holding your QRDO in their wallet will earn you staking rewards 10.1% APY. I have been with this project since their public sale (July 2021) and I'm very happy how this project is developing. Few months ago they had 10k Twitter followers - currently it has grown into 47k (social engagement is good). They have made partnerships with some of the biggest names in Crypto: Coinbase, Figment, Metamask Institutional and Ledger Prime. They even have exposure on country level as they are providing infrastructure for El Salvador to power Bitcoin banking solutions. Quote from Bloomberg (06.01.2022): "Security concerns - not volatility and regulations - are holding investors back from Crypto." But institutions are coming, it is inevitable. And QREDO is ready - in terms of timing and product market fit. Currently they have quite low market cap, approximately $168 million. As I see their valuation in billions then still lot of upside potential remaining. As always, DYOR (do your own research), I'm just pointing out that trading/investing idea. Thank you and enjoy your trading :)
QLong
by Laurentsius
2
Small pull back very likely during the weekend We are in bad territory, but we need to breath before going down below 40k. I also believe that just the fact that financial markets are closed and bad news usually come up on Monday, we could have a small pull back initially to 43500, to maybe forme an inverted H&S and target 45k-47k max. I am not bullish at all since when we broke the support, but BTC usually comes back to test it before initiating the winter. I would not short now, actually closed my shorts at 41k. LUNA and SOL are my picks as well.
BITSTAMP:BTCUSDLong
by ViniciusBaccelli
$BNB/USD 2D (Binance Coin-Futures) Ascending triangle on supportBinance Coin is accumulating and holding above 100EMA for months now, it's likely to make new All Time High next year, let's swing! Risk/Reward= 1:2.5 | 1:3.61 | 1:5.83 Expected Profit= +60.52% | +128.76% | +247.49% Possible Loss= -24.26% Fib. Retracement= 1.117 | 1.414 | 1.764 Margin Leverage= 1x Estimated Gain-time= 5 months www.binance.com ⚡️⚡️ #BNB/USD ⚡️⚡️ Exchanges: Binance Coin-Futures, BitMEX Signal Type: Regular (Long) Leverage: Isolated (1.0X) Current Price: 525.800 Entry Zone: 527.931 - 464.347 Take-Profit Targets: 1) 796.4 2) 1134.96 3) 1724.05 Stop Targets: 1) 375.79
BINANCE:BNBUSD.PLong
by TradingOn
FEEF Token Analysis 15/04/2021Fundamentals: Reef is a DeFi platform built on Polkadot that aims to deliver cross-chain trading. A yield engine and a smart liquidity aggregator are among the project’s offerings. Work began on the project in the second half of 2020. Those behind Reef argue that the process of trading, lending and staking crypto is currently fragmented — creating “a painful experience for all of its participants.” Reef aggregates liquidity and provides automation. It also aims to address the drawbacks associated with existing trading platforms. While centralized exchanges are prone to security breaches, decentralized rivals can lack liquidity and are often difficult to use. Reef is geared towards newcomers, as well as current DeFi users who find it difficult to keep up with the best investment strategies. The company also wants to tackle the high gas fees that are seen on the Ethereum blockchain, which some claim renders DeFi protocols “unusable.” When it comes to Reef’s unique attributes, one is linked to how any DeFi protocol can integrate into its operating system. Users can enter and exit into their chosen positions in a single click — and removes some of the hassle associated with managing liquidity pool tokens. Because of how it has been built on Polkadot, Reef is able to support DeFi protocols on Avalanche, Moonbeam and Plasma, as well as on Ethereum and the Binance Smart Chain. As a result, Reef users have access to a broader number of platforms without requiring multiple accounts and a myriad of usernames and passwords that can be difficult to keep track of. Reef was founded by Denko Mancheski. His motivation was to remove technical barriers to entry for retail investors who want to get involved with DeFi — and offer a straightforward decision-making process that takes a user’s appetite for risk into account. Mancheski wanted to help crypto newcomers overcome the complexities associated with using order books, and enable them to learn how different protocols work with ease. Born in Macedonia, Mancheski said that his passion for fintech led to him being introduced to blockchain technology. He has described forming a competent team as the biggest challenge associated with bringing Reef to life. When asked about the personal attributes that will help him become a successful entrepreneur, he added: “I have a very addictive personality — I just can’t stop doing something until I get to the imaginary goal that I set for myself.” Mancheski previously worked as a chief technology officer for Adel, a global crypto community that serves as a “technology incubator for blockchain innovation.” He was also appointed as CTO for Viewly, a social video platform without advertisements. Technical Analysis: there exist a Hidden Bullish Divergence of price and MACD Lines i.e. the bullish trend will continue as it show the ReAccumulation and price move up there total of 4 targets defined by Fibonacci Projection where as we may have ample of Retracement in between on TP we may have Distributions and Price Corrections. 3 TP gest it confirmation as the price Triggers the 2 TP followed by some price correction and Distribution.
RLong
by BitonGroup
16
GasToken.io will shows Beautiful Performance, Long IT 23/02/2021GasToken is a new, cutting-edge Ethereum contract that allows users to tokenize gas on the Ethereum network, storing gas when it is cheap and using / deploying this gas when it is expensive. Using GasToken can subsidize high gas prices on transactions to do everything from arbitraging decentralized exchanges to buying into ICOs early. GasToken is also the first contract on the Ethereum network that allows users to buy and sell gas directly, enabling long-term "banking" of gas that can help shield users from rising gas prices. Gas is a fundamental resource in the Ethereum network. Every transaction on the network must include some gas, and the fee paid to miners for each transaction is directly proportional to the gas consumed by a transaction. GasToken allows a transaction to do the same amount of work and pay for less gas, saving on miner fees and costs and allowing users to bid higher gas prices without paying correspondingly higher fees. Using GasToken on an eligible transaction, you can save money on the Ethereum network today. Gas prices on Ethereum are hard to predict; they can be as cheap as 1 gwei or less at off-peak hours, while some transactions pay into the hundreds of gwei to buy into that juicy ICO or hit an order on EtherDelta before any other players. Users who need to be mined quickly or first often engage in fierce bidding wars, bidding wars in which using GasToken provides an enormous advantage by letting you perform the same transactions while spending less gas. Compounding this effect, Ethereum blocks are starting to fill up, making block space ever more coveted. GasToken price today is $234.51 with a 24-hour trading volume of $1,769,926. GST2 price is up 45.7% in the last 24 hours. It has a circulating supply of 14 Thousand GST2 coins and a max supply of 13.7 Thousand. Bilaxy is the current most active market trading it.
GLong
by BitonGroup
10
Multiplier Token is Good to HODL for Long Time 22/02/2021MXX tokens are designed to balance liquidity for depositors and lenders through algorithmic derived interest rates and yield. These are based on the collateralization and loans conducted on the Multiplier cryptocurrency platform. The minting of MXX tokens will start from 0 tokens, with a total supply of 9 billion, which can be accumulated through minting only. Essentially, liquidity mining is when a yield farmer mints new tokens in exchange for their liquidity on the platform. This creates a positive loop; whereby users are incentivized with minted tokens to conduct transactions on the platform, which in turn increases the value of the same token, and attracts more users to join. MXX Token and Community Governance: A maximum of 18 million MXX tokens are issued daily, shared among users in proportion of their contribution to the platform through lending, borrowing and making referrals. The currently accepted currencies on the Multiplier platform are BTC, USDT and USDC. MXX tokens are also currently listed on the trading platform Bilaxy.com. MXX tokens will gradually allow the protocol to transit towards being entirely governed by the community. The number of votes is proportional to their amount of MXX tokens and can be used to make decisions on the protocol. The move towards a decentralized governance process will protect investor interests, reduce systemic risk and increase long term utility of the Multiplier protocol. The simple-to-use Multiplier platform aims to attract holders looking to optimize their idle cryptocurrency assets, as well as attract experienced yield farmers looking for more ways to maximize their harvests. About Multiplier: Multiplier crypto lender began in 2019 with regulated financial licenses obtained (SRO Switzerland VQF 10075 and Hong Kong Money Lenders License 1702/2019), and formed strong collaborations with reputable industry leaders such as Coinbase Custody and JUMIO KYC/AML. Multiplier believes in operating within the legal framework of jurisdictions, and having the relevant licenses to adhere to regulations. The company continues to establish strong relationships, between regulatory authorities, communities and leading institutions around the globe, merging the scale and familiarity of traditional finance, into a secured, advanced and simplified global financial blockchain system. Multiplier has been developing DeFi protocols with user feedback from its centralized crypto lending entity since 2019, and launches MXX governance tokens which give the community voting rights that will gradually allow the protocol to be entirely governed by the community and stakeholders. Technical: A simple Fibonacci projection is projecting 3 Targets for us where we can capitalize on any if them or who missed the opportunity of investing on them can use these TPs for benchmarks. please comment your opinion or any news you got about it and willing to share and discus...
MLong
by BitonGroup
8
$GTC/USDT 4h (Binance Futures) Falling broadening wedge breakoutGitcoin bounced several times on 200MA support and seems ready for recovery now, let's enter on the retest. Current Price= 12.501 Buy Entry= 12.150 - 11.114 Take Profit= 14.921 | 18.030 | 22.997 Stop Loss= 9.433 Risk/Reward= 1:1.5 | 1:2.91 | 1:5.17 Expected Profit= +28.28% | +55.00% | +97.70% Possible Loss= -18.90% Fib. Retracement= 0.382 | 0.559 | 0.786 Margin Leverage= 1x Estimated Gain-time= 3 weeks Website: gitcoin.co
Long
by TradingOn
$MC/BTC 2h (Binance Spot) Ascending triangle breakout & retestMerit Circle regained 200MA and successfully pulled back to 50MA after, printing a golden cross! Current Price= 0.0001191 Buy Entry= 0.0001161 - 0.0001113 Take Profit= 0.0001294 | 0.0001419 | 0.0001632 Stop Loss= 0.0001032 Risk/Reward= 1:1.5 | 1:2.69 | 1:4.71 Expected Profit= +13.81% | +24.80% | +43.54% Possible Loss= -9.23% Fib. Retracement= 0.786 | 1.272 | 2 Margin Leverage= 1x | 2x Estimated Gain-time= 10 jours
MLong
by TradingOn