TectumThe most important weaknesses of this currency are as follows:
1- The team is very weak compared to the claims made on this network. Many of these currencies have come and gone in the history of the crypto world.
2- Low market cap
3- Lack of a few real supporters
4- More than 73% of the tokens are held by 10 wallets, which is a serious weakness for a cryptocurrency.
The most important strengths:
1- Low market cap (buying such currencies is like buying a lottery ticket)
2- It has made a significant correction and if the market is bullish, it can hit a new high from a chart perspective.
3- The number of tokens is fixed and there is no inflation rate.
Experience has shown that two scenarios are possible for such currencies. The first scenario is that this currency will be destroyed like thousands of other currencies that have come and gone.
The second scenario is that we are at a historical low for this currency and it recovers again and reaches high market caps.
I consider the second scenario less likely, but this is not a reason to ignore its chart.
In my opinion, the $2.17 range could be suitable for buying. The selling ranges are also indicated.
TETUSDT trade ideas
1 Year Triangle Breakout is happening with Tectum As we see here on the HTF MEXC:TETUSDT is trying to breakout from a very long period of up and down.
SDK & API is coming out this month and the UAE Stable coin Partnership is gonna get announced this following weeks.
Tectum is pushing the boundaries of TPS and Security of L1's with a staggering 3.5 Million TPS. We gonna see TET into the billions in the alt run.
Mark this.
Tetusdt buying opportunityTETUSDT’s corrective downtrend recently reached a key demand area, sparking an upward surge that shows potential for continued rallying. The plan is to enter long positions targeting the immediate buyback zone indicated on the chart, with focus on the projected setup targets.
Let us know your thoughts on this outlook!
TET Bull market targets 10x - 16xPrice targets and short info described on chart using fib extension trend and trend based fib
Considering market cap price targets should reach
$92 @ 668M mcap
$133 @ 966M mcap
Bearing in Mind if this is Wave 3 playing out which should be the strongest, it should line up well with the end of the market around October November 2024
TECTUM_HOLDTectum is the only Blockchain network to employ proprietary Proof-of-Utility (PoU) Consensus and super-fast Network Protocol as described in the Tectum White Paper. PoU protocol optimizes data distribution, and the Network Protocol enables nodes to distribute and validate over 1 Million digital events per second, making Tectum the fastest Blockchain in the world by far. To put this into perspective, Bitcoin processes from 4.6 to 7 Transactions Per Second (TPS), Ethereum from 12 to 25 TPS, Cardano 250 TPS, and Solana 29,000 TPS. Tectum is not only the fastest blockchain in the world, but also the most secure and the most adaptable, reaching speeds of 1.38 Million TPS during peak performance.
TETUSDT 1.3X LONG OPPURTUNITY | BREAKOUTRegarding my last post we looked at the Bollinger Bands which were tensing up indicating a volatile move in the near future. That move happened and we are seeing upward momentum. Tectum has broken out of this downward trend and according to the TA its very possible we see a pump up to 130% around the $70 dollar level. This would be retesting an ATH which happened November 22, 2024 due to a whale's inflow. The highest close we have received was at $45.52 and this move could easily surpass that price point as well.
DYOR and bring home those gains.
TET Fundamental Analysis + BB tension!I have been watching TET from $18 rise to $45 and now back down to $27 where it is currently ranging. I am heavily interested in this coin over the next bull run and I think it has major potential to attract massive inflows in capital. Being the fastest blockchain in the world is gold marketing in the crypto world and I think it will catch on more than it already has.
Any altcoin in a bull market will increase in value, but there are a select few that will take the cake. I think this may be one of the few.
From this price, we can do 20x to 30x. The price per coin would be very expensive ($700-$900 per coin) considering the supply to the market cap but the actual price per coin is irrelevant. If you’re calculating based on market cap a 20x to 30x increase in the market cap I think would be easily achievable if our crypto total market cap can reach around $10 trillion, a 3x from the 2021 highs of $3 trillion.
Another thing I want to look at is the Bollinger Bands are tightening and this always indicates one thing, a massive move. It doesn’t suggest up or down specifically but only increased volatility. When we factor in bullish market sentiment I think the BBs are indicating that a big move upward will happen shortly.
This post is less about TA and more about fundamentals and macros. I think TET will do great in an altcoin portfolio over the next 12 to 18 months.
DYOR and bring home those gains.
TET Staking - 6 Month WindowAs 2024 opened the doors, TET staking launched with an enticing 20% APY for the first 3 months. Pools currently have locks ranging from 60 to 180 days. I would expect that as 60 days fall short of the 3 months there will be a blend of Stakers going long on the 180 days to catch the full 3 months of the 20% plus a healthy prospective run into the bull, and double staking on 60 days to try and catch the full 3 months with the lower risk of not being locked in for the full 6 months - who knows what can happen in 24 hours, let alone 6 months in this space. Let's see what happens :D
TET to the Moon?An interesting project, but one that I'm still sceptical of - a company essentially holding the private keys for the assets has me feeling a little unsure. If they fail, their site goes down, what happens to the assets? Mashinsky talked a big game and convinced many. Textum has hit up many big influencers since mid-2023 and has been featured on channels with significant reach.
Form a TA perspective, it is sure looking like it is running hot right now. Pullback expected.
This is a watch, wait and see imo.
TET the next big thing in blockchainDuring the accumulation period in the past 12 months, which for me is not over yet by the way, there were a few favorites I doubled down on, for example neon and Myria, which are just getting started with their exponential growth. TET however is a whole new ballgame, it's development team is fast paced and creating game changing products, I stated accumulation at 3.5usd. todays spike shows it potential, just 100k inflow moved the market cap from 50mln to 300mln. Whales are gonna jump on this soon enough, better get in now! Not financial advice.
