QI: 2 to 3X incoming!I've been looking for some low cap altcoin opportunities and found one with Benqi, the liquidity / lending platform running on Avalanche just launched on Binance. The launch saw some overextended prices and its been in a downtrend ever since. Not anymore, we just broke resistance and set for a 83% pump with potentially a 143% in just the coming week. Why?
- super low market cap of 176 million
- running on Avalanche which is big hype right now so AVAX based projects will follow
- just listed on Binance and one of the lowest market cap coins there
a no brainer.
IMPORTANT: this is not financial advice, trade or invest based on your own risk and research.
QIUSDT trade ideas
#BENQIDo you see the pattern of the cup?
BENQI is a decentralized non-custodial liquidity market protocol built on the high-speed Avalanche smart contract network. The protocol allows users to lend, borrow, or earn interest using their digital assets.
The team chose Avalanche because of its decentralized network’s claimed high scalability, low fees and compatibility with popular plugin wallets. One of the goals of BENQI is to become a cross-chain hub, connecting Ethereum, Polkadot and Binance Smart Chain (BSC) through the Avalanche subnets.
BENQI was founded in 2021 with $6 million in backing. Among its strategic investors are Ascensive Assets, Dragonfly Capital, Mechanism Capital, Arrington XRP Capital, Spartan Group, TRGC, Woodstock Fund, Ava Labs, Morningstar Ventures, GBV Capital, Skynet Trading Ltd, Rarestone Capital, Genblock Capital, Moon Inc
QI/USDTHi Guys,
I hope all your fine, Here is my 1D chart analysis for your review, Beautiful cup and handle, and another divergence found and QI price is out from the ichhimoku cloud, Price gona uptrend from here.
I ma 100% Positive from here and if you like my analysis please hit like and follow me i just started my analysis in trading view. Mostly my analysis on Trendline, Fib Retracement and Ichimoku.
Thanks and Takecare
Zain
Benqi Long - Small Cap Gem Target $0.16SUMMARY: Long, small Cap Gem has bottomed out. It is a DeFi protocol part of the Avalanche eco system.
It has deviated below its low range and is prime for a recovery.
I can see this reaching a modest 500m Mkt Cap.
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*Not financial advice and is for educational purposes only. Always DYOR.