Showing posts with label ksm. Show all posts
Showing posts with label ksm. Show all posts
Sunday, May 23, 2021
Friday, May 21, 2021
One of this years HOTTEST crypto's (by the author May 22, 2021)
The first lesson to learn about crypto markets is that "they are volatile". Why? People simply don't understand the concept of blockchain technology, let alone the vast array of protocols out of which some of the most notable names such as Bitcoin and Ethereum were born.
How could anything other than CHAOS come out of such a mileau of competing and misinformed voices?
While holding cash positions in these cryptos is important to any portfolio, they are altimately not whats going to earn you the high yields.
No matter how much Bitcoin you buy, at what ever price, you will not earn you the passive income that makes since, because these major companies are already largely oversold and overpriced.
In other words neither Bitcoin nor Ethereum are likely to double or triple in value any time soon. In fact maybe quite the opposite considering market movements this last week.
If your looking for more promising investments then for sure you need to consider those already mentioned this month in this blog:
ADA
Matic / Polygon
Pancake Bunny
One which has risen to the top after a fundamental analysis is the Substrate Polkadot Protocol now known as Kusama.
This is why:
Kusama, currently the canary network for Polkadot to deploy many potential upcoming and planned projects, is a token whose value this year has already risen, from 42 USD to a high of 600, and currently is being sold for around 300 usd.
This token is in short supply being almost completely issued, and is expected to be in high demand throughout this year pushing its value even higher.
The manner in which Polkadot positions its service helps to build the value of this token. Polkadot allows other start ups to obtain its service only after participating in a blind bid.
After which the highest bidders are able to deposit their cash in the form of the KSM token. By essentially locking in these tokens, it creates a shortage driving the price sky high in exponential terms.
One of crypto's best kept secrets KSM is deffinately a crypto worth acquiring this year. While there is more research to be done this is definately one stock your portfolio should acquire.
Whether to hold or to stake, this token will outperform its peers and the wider crypto market for many reasons, most not listed here.
As always, remember to do your homework, practice investor discipline, and always have a plan.
Wednesday, May 19, 2021
Why we should look at the Pancake Bunny
According to our analyst Pancake Bunny is set to continue recovering ahead of the wider crypto market. This is based on a technical analysis of current market trends. A Binance based liquidity pool PB is one of the most stable and promising of its kind, not likely to go anywhere any time soon.
With a market capital of 39.1 Billion dollars, and only a little over 500 Thousand tokens available the demand for this token is in no way going to change any time in the near future, except to increase in value.
Pancake Bunny fell along with other cryptos this week, however began its price recovery ahead of the wider market and at the time of this writing is up 10% in the past 24 hours.
Down more than half of its 24 hr value, Pancake Bunny is undergoing the same changes suffered by the wider market, however unlike the wider market it has already seen some recovery and at its current price at around 84 USD is considered rock bottom.
Something to think about going forward as we look for ways to offset the chaos in the market.
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