$SRM is oversold on daily time frame so I'm waiting for a good run in short time!
Serum crypto is a decentralized exchange software which is built on the Solana blockchain. Thus, Serum can fully benefit from the speed Solana provides. Serum is a new kind of decentralized exchange that intends to rival Uniswap, Sushi, and Bancor - automated market makers (AMM).
The Serum coin is SRM, and it enables holders to receive discounts on trade fees of up to 50% and gives those who stake it the ability to participate in the platform’s governance mechanism.
Serum gives participants complete control over the orders they make, giving them the ability to select the price of their buy and sell orders, as well as the ability to choose the amount they want to buy or sell, and the Serum token is used to measure the platform’s fees.
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The Eigernord portfolio pursues a long-term strategy. The circa semi-monthly rebalancing was performed on 12/3/2021 according to the following principle: The trend strength/performance of each cryptocurrency in the portfolio over the last period (~15 days) is taken as a basis and the weighting (strategy) of each asset is adjusted up or down accordingly (rounding +/- 0.25%). Cryptocurrencies < 0.75% are dropped from the portfolio. The best performance of the last period was achieved by Sandbox $SAND with a whopping plus of 65% followed by Terra $LUNA with 40%. Terra $LUNA is now the weightiest currency at 8.5%. The monthly return on Dec. 3, 2021 is about -9%. The three-month return is about 8%. Due to underperformance (<0.75%) the following currencies were removed: Litecoin $LTC , Serum $SRM, Synthetix $SNX. The portfolio consists of 42 currencies in total.
Serum (SRM) price history shows the highest value of 10.61 EUR . We recorded this price on September 13, 2021, but we cannot exclude that a higher price was registered before April 26, 2021.