NYM 10x On my chart you can see accumulation phase which continues 600+ days. Price is under trendline and forming AMD model . Also I see tripple tap setup and big interes from whales. That project was listed on Coinlist but investors are not in profits yet (0.25$) and today they have unlockes. Price can react downside OR it will the similar situation such as with Aptos in January. My target on chart
NYM
NYMI think this project should be from top 3 privacy infrastructure!
Binance is an investor!
It has a low market cap with huge potential and price is below private sale. DYOR
This one for a long hold, short term targets are posted on chart, stop loss is close! For me, I would scale down if it pulls back.
Good luck.
KRAKEN:NYMBTC new listing#2705
"Nym is the next generation of privacy, engineered by some of the world’s leading research scientists and developers at world-class universities Massachusetts Institute of Technology, KU Leuven and University College London. The system comprises a mixnet providing privacy at the network level, credentials providing privacy at the application level, and the NYM token to reward those who run the system, making it sustainable and scalable in the long run. Together, these will form a global, decentralised privacy network that will be powered by the NYM crypto-token.
Nym is a “full-stack” privacy system, developers can hook their existing applications to the Nym system to protect their users at the network level via Nym mixnet, and protect them at the application layer via Nym private credentials. Together, these will have the capacity to add privacy to the broader blockchain industry: the Nym mixnet provides privacy at layer 0, which adds meta-data protections for other blockchain and cryptocurrency projects that are at layer 1 (like Bitcoin and Ethereum) and layer 2 (including most DeFi projects).
The Nym mixnet is a decentralised network of computers arranged in 3 layers. Your communication traffic is sent through it wrapped in multiple layers of encryption using SPHINX packet format which makes every piece of data passing through the mixnet look exactly the same. In each layer of the mixnet, your internet traffic is mixed with other people’s traffic, and the metadata that uniquely identifies your communications ie. your IP address, timing and destination is obfuscated. This means that your messages are “lost in the crowd” and not only the content but also the meta-data of your messages is protected and your communications are private. There is a saying amongst privacy crowds that says “Privacy loves company”, which is what a mixnet provides; the more data is mixed together the more private everyone’s data is.
The value of the NYM token will eventually be tied to the global demand and need for privacy, which is only increasing as the internet expands into more and more areas. The number of global internet users reached 4.5 billion in January, 2020. And more and more people, companies and organisations feel they are being spied on and are uncomfortable with how their data is being used on the Internet. The only comparable global privacy system is Tor which works but has limitations by being volunteer run. It means that global reach is difficult: volunteers tend to be centralized in wealthy Western countries and the systems are unlikely to scale. We believe economic incentives can fix this problem so that the entire world can have privacy on the Internet."
source: cmc
NYMUSDTNYMUSDT
While in the market, MM is trying to knock out everyone who still believes even a little bit in the bull market (one of which are you and me)
I think this project is extremely underestimated.
NYM is developing an infrastructure to prevent data leakage from existing Internet protocols.
This whole thing is achieved by protecting the metadata of each package at the network and application levels. In particular, NYM protects against even the most powerful network intruders who can monitor every incoming and outgoing packet of your Internet connection.
With NYM, you can surf the Internet without fear of being followed.
The project received an initial investment of $2.5 million from the Binance incubator back in 2019. Then $6.5 million was invested by Polychain Capital.
And the foundation is a $13M Series A funding round led by Silicon Valley monolith Andreessen Horowitz (a16z Crypto), with Barry Silbert's Digital Currency Group, Huobi Ventures, HashKey, Fenbushi Capital, Tayssir Capital.
why did NYM come out so badly?
the key problem is the "cheese-boron" between the development team and the coinlist (which can be said to have thrown 50k people with allocations and took them for themselves), but as far as I know all the misunderstandings have already been resolved and the team continues to develop
TOTAL:
TIR1 investor with an incubator in the form of Binance,
unique product, great roadmap and huge growth potential.
I showed you the selection zones on the chart,
I advise you to observe the risks and not enter the project by more than 7% of the deposit
