SMARDEX to probably dump further.SMARDEX to probably dump further.
I am not optimistic about this project. I feel even if it does go up, it is likely going to dump downhill.
trade this asset with great care.
SDEXUSD trade ideas
SDEX Buy IdeaSdex gave a good move up and broke the trendline.
after the current retest it could move up to the area shown.
Bullish on SDEXSDEX, the native token of SmarDex
one of the most promising projects for 2024
literally, my biggest bet, by far
already they have Dex and Defi, great ones
They will issue a new stable coin in 2024, and Lending platform, this will burn SDEX supply
short term target 3.5 cents
long term target 50~99 cents
✴️ SmarDex Parabolic Rise | Project Overview + Targets" SmarDex is poised to revolutionize the world of DEXs with its innovative approach. By introducing a simple yet efficient technology that optimizes Impermanent Loss, and in some cases even generates Impermanent Gain, SmarDex is paving the way for the obsolescence of old-generation DEXs such as UniSwap v2. The mathematical proof behind this technology is compelling, leaving no doubt about its efficacy. The success of the SmarDex protocol underscores the importance of ongoing research and innovation in the DeFi space, opening up new possibilities for users, developers, and investors alike. The next logical step is to promote the adoption of this game-changing technology and explore its vast potential. As the liquidity provider is better incentivized, fees are reduced from 0.3% for traditional DEX’es to 0.07% for SmarDex; and 0.05% for LPs, and 0.02% for an SDEX staking pool. Thanks to SmarDex, both liquidity providers and users wishing to swap their tokens benefit from the best market conditions on the planet. "
This looks like an interesting project...
Needless to say, the chart is currently 100% bullish, aiming higher.
There can be some retraces after the second target is hit but growth potential is really strong short-term.
Remember to do your own planning and research.
Not financial advice.
Namaste.
