WABI/BNB - LONGAs a Beginner learner, tries to share my opinion in order to verify it in the future to learn from my mistakes and to reward myself if I found that I was right.
Wabisetup
$WABI Looks Real Flat At The Moment? Signal, Please?WABI is an ERC-20 token that has 99.2 mils total supply with half of it on the supply. Quite something that this token is relatively only listed on three exchanges which one of them is Binance and the other two are not really famous at the moment based on it's exchange volume. Leaving a 11x to ATH from the current price.
I always looking for the FA first for infamous and new asset on trading environment. It's like looks for a new home you need to check on everyhting. You don't wanted dealing with ghost, criminal or environment issues when you live there. Which is will make you decision looks ugly and on top of all regret it and lose your money, dream, hope and probably everything. Sort of. But this is really a serious thing to be highlighted.
Once it was listed on coinmarketcap, it was really tearing the roof, but meh, nothing special, almost every token goes the same direction on that moment. December - Jan. Even shitcoins with no fundamental and having a lot of problem could pumped like crazy.
Right now the chart looks really bottomed, it was even lower than the the lowest point it ever achieved at 5500-ish sats. We have a very low price like at the 1915 sats, right now it is on 3000-ish sats range.
First of all i'm not really sure who is the team behind WaBi since all they listed only Advisors? like come on. Is this advisors really working on your product? As far as I know advisors are not really involve more than giving advice and direction. You guys should listed who is the CEO/Head of this project. Red Flag.
Secondly, i don't think their products will really do a lot on the market but it sure thing they have a proper basis to do this. Plus they already delivered some early development which I think it's quite nice. Yellow Flag.
Well let's see the development of this project but i still wondering around about it and the chart is very neutral at the moment, plus bitcoin volatility is really unsure at the moment.
Get into my watchlist. Trade safe!
