Let's add back in some of my favorite projects: $AVAX $ATOM $CRV $MINA $NEAR $MATIC Focus on DeFi and L1 Crypto projects.
Taking some more risk at this time with ALTS, but keeping $BTC at 50%.
Let's add back in some of my favorite projects: $AVAX $ATOM $CRV $MINA $NEAR $MATIC Focus on DeFi and L1 Crypto projects.
Taking some more risk at this time with ALTS, but keeping $BTC at 50%.
Is this truly the right time to add altcoins on a day when fed starts to reduce its balance sheet?
3|4
Yesterday Ondo Finance launched a multi-chain $UST liquidity for DAOs on $AVAX $FTM, $MATIC and $BNB
Source: https://blog.ondo.finance/introducing-multi-chain-ust-as-a-service-c9cf05f67bb1
As many are scared of today's FOMC meeting and FED rate hikes, we could see some price manipulation in crypto today. With some crypto prices hitting yearly lows, we are getting ready for a new positive price action in crypto.
In the posted chart, we can see some of the main cryptocurrencies. The x-axis represents days from the ATH of the currency and the y-axis represents the % the currency is down from its ATH. The size of the dots represents price purchases from the daily minimum.
Some hypotheses can be drawn from this broad chart:
LUNA is a project with a completely different price action than other projects. This may be the cause of its burning tokenomics and current hype around its ecosystem. The top right corner cryptocurrencies are not in consideration by investors and look like they have lost their momentum.The top left cryptocurrencies (SOL, DOT, etc.) could be the ones investors are considering putting into their portfolio, but are within the dependency of $BTC price manipulation.We have decided to take a closer look into the 3. segments of the projects and include them in our strategy. Some of these we are really considering are $DOT , $MATIC , $AVAX , $1INCH. Still, we are 40% in $UST and waiting for the right time to buy back in.
Time will tell
The source site is coinpaprika. The @ handle is different than this one and needs to remain unknown.
Why did you hide the source of the chart ?
6/6
Lastly, $MATIC has been releasing huge announcements recently and continues to be the leading layer 2 solution for $ETH.
It has held us up well compared to other projects in this rocky time and we have been sticking with the fact it will start to gain traction again.
We can see the long downtrend for daily transactions has finally reversed and is heading higher!!
$MATIC will be back in the top 10 soon!
2/5
Today $MATIC are going to announce something big at their Amsterdam conference
This is our second largest holding and we can see this really picking up some steam soon!
3/5
$UST is now the 3rd largest stablecoin, and it won’t stop there!
$UST is beginning to be widely recognised and is about to be integrated into $MATIC, $SOL, $DOT and $FTM! Some of the largest projects in the space.
What does this mean for our largest holding, $LUNA
It means that the demand for $UST will increase. But for more $UST to come into circulation $LUNA has to be burnt, reducing the supply and driving up prices
2/5
$MATIC will have one of its biggest announcements on 22.04.2022 - just 3 days away!
We still hold this as our 2nd largest holding and it will really begin to pump once people realise how valuable and unique this project really is.
They have started a new campaign to be carbon negative in 2022 and are pushing this throughout their branding on social media.
$MATIC has also recently announced Polygon ID to bring identity verification to DeFi and have a strong roadmap for this year.
We are excited to see growth in the coming months
5|5
Polygon is all set to get its first $UST preferred DEX.
It is going to disproportionately boost $UST 's adoption on $MATIC (Polygon).
(And possibly boost $LUNA's value)
And as the demand for UST grows, so will it's supply.
Meaning:
More UST minting = Higher $LUNA burn = Higher $LUNA value
The whole explanation of how it will work: https://twitter.com/staderlabs/status/1515743020167364614
guys.. I dont want to be offtopic... but if someone doesn't know.. Luna has right now passed 6.5$..