long position < we are hold it for 6 - 12 monthPlatON, initiated and driven by the LatticeX Foundation, is a next-generation Internet infrastructure protocol based on the fundamental properties of blockchain and supported by the privacy-preserving computation network. “Computing interoperability” is its core feature. By building a computing system assembled by Verifiable Computation, Secure Multi-Party Computation, Zero-Knowledge Proof, Homomorphic Encryption and other cryptographic algorithms and blockchain technology, PlatON provides a public infrastructure in open source architecture for global artificial intelligence, distributed application developers, data providers and various organizations, communities and individuals with computing needs.
Token
Do not buy FTT token now!We know FTT is a wonderful token, many proofs and a lot of funds are behind it, BUT;
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It is in overextended area and Due to FTT historical movements(as you see in the previous one) we had an extreme 60%ish correction from May 12th till June 26th!
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So, I do not expect such an aggressive correction, however, my best entry point is around 50 and 60% of fib retracement!
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Let's see
UMB/USDT is aiming at 100x in this crypto super cycleFibonacci overextension of 4.236 is giving us a price target of almost 7$. During the lowest low of this oracle network token, the price dipped down to 0.07$. During bullish time tokens with low market cap and strong fundamentals go through different scenarios. The one presented here is linear and steady grow based on the solid APY of almost 150% coming from staking for the next few months. The fist resistance level is technically at 0.236 fib and psychologically just below 0.5$. Overextending beyond the fibonacci of 4.236 is not unseen in the crypto world and it is regarded as a pump, printing a lambo candle on the chart.