DEX
Kyber NetworkMy first check about project is simple : if i see they are listed on Coinbase + Kraken, it could means they have a good potential, for me if a project is listed only on Binance, is not enough, that said it does not mean the project is bad or will fail, but more premiums exchanges list it = more credibility. Kyber is listed everywhere.
What Is Kyber Network (KNC)?
Kyber Network is a hub of liquidity protocols that aggregates liquidity from various sources to provide secure and instant transactions on any decentralized application (DApp). The main goal of Kyber Network is to enable DeFi DApps, decentralized exchanges (DEXs) and other users easy access to liquidity pools that provide the best rates.
What Makes Kyber Network Unique?
Kyber Network is the first tool that allows anyone to instantly swap tokens without the need of a third-party, like a centralized exchange.
--------------------------------------------------------------------------
Trading Parts :
--------------------------------------------------------------------------
- Buy now a bit
- Rebuy more if back to 2$ ish
- Full Buy at 1.20$
- TP1 : 3.8$ (Security TP old ATH)
- TP2 : 5.5$ ( 161.8% Fibo )
- TP3 : 8$$ ( 261.8% Fibo)
--------------------------------------------------------------------------
Manage wisely your invests, Dyor projects & always have an eye on TheKing moves.
Happy Tr4Ding !
Uniswap Will Grow: Support & Resistance Everybody's favorite Unicorn in Cryptocurrency. Like most of the other alt-coins we've been hitting major resistance levels before the next major step-up. We formed a short term horizontal channel so we're moving sideways a bit. We'll see how long this holds. Once we break this resistance level of $31.30 we will be grinding towards re-testing all time highs in the weeks or months to come. If we don't hold our support we will most likely being going back down to the $20 levels.
There's a lot to be excited about in the next upcoming months for cryptocurrency. We're about to bullishly divergence on the weekly MACD which indicates some more positive momentum will be coming underway. Coins such as Uniswap will perform very well this cycle. It is still king of the Decentralized Exchanges and just recently become the first DEX to provide $1 Billion in fees for liquidity providers. Also I believe the effects of EIP-1559 Ethereum burning will have positive price impacts on Uniswap as time goes on. Uniswap is already a heavily adopted and functioning cryptocurrency with an actual operating product. The adoption and use case can only grow from here. Stay stacking!
Much peace, love, health, and wealth!
BTS/USDT short term analysisBTS/USDT short term analysis
It is a short term analysis. It will come to the $0.50 level as a priority. Of course, our first priority is $0.10. After a minor correction from the $0.50 level, the first target is $1. It will probably go further. Bitshares is a promising cryptocurrency.
o3.LONG.o3 swap is the first cross chain DEX. Currently, it has access to Heco, ETH, BSC, Neo, and will expand to Polkadot, Polygon, Solana, and other ecosystems in the future. Hidden gem IMO.NFA.DYOR.
XMR/BTC Atomic Swaps a major bullish technical developmentXMR can now be traded directly to Bitcoin without an intermediary exchange on their native Blockchains using a technology called an Atomic Swap. This differs greatly from other so called swap platforms that only allow internal trading between ERC20 tokens, the major difference being that the XMR/BTC swaps are trading actual coins with their own blockchains not wrapped coins or some other semantics. This has a few major implications for the future price of XMR we will explore in this analysis.
1. XMR/BTC Swaps are being added to both XMR Wallets such as Monerujo as well as popular Bitcoin wallets such as Samurai wallet. Greatly expanding the exposure of Monero to many BTC users who will be learning about its competitive features for the first time so we should expect some uptake of Monero from simple exposure as well as the low cost and ease diversifying some BTC to XMR. Many users find getting Monero more difficult than other tokens because exchanges like Coinbase do not list it even though they would like to have exposure.
2. This technology increases the regulatory resilience of privacy tokens because now anyone with XMR can get BTC and vice versa easily so banning privacy coins has no effect unless you ban all coins which can be traded for privacy coins through atomic swaps. Regulators have to balance the need to trace all transactions with protecting users against having their information exposed to bad actors and front runners. Monero has the ability to be semi transparent so users can pay taxes audit balances without giving everyone access to the sensitive user information. Monero will provide users the important protections they deserve and push regulators to take a balanced measured approach.
3. Monero fees are significantly lower than Bitcoins fees which means in any situation where both BTC and XMR are accepted users would be inclined to use the XMR to save the large fee. XMR is the only POW coins with such low fees and no ico, dev tax, pre mine, masternode, presale where in Monero everyone mines equally ( a key to bitcoins success and the thermodynamic underpinnings of the economic system ) which will in turn incentivize users to pay with Monero not Bitcoin.
4. It is cheaper for users to HODL Monero and convert it to Bitcoin where necessary than to HODL Bitcoin and convert it to Monero when necessary. Imagine Bob wants to buy steam cards and the site accepts both BTC and Monero. Bob realizes that when he pays with BTC his transaction fee is almost $20 and that when he pays with XMR his transaction fee is more like $0.2 but another site that Bob uses frequently accepts just Bitcoin. Bob realizes that if he keeps his money in Bitcoin it will cost him a high transaction fee every time he wants to convert it to Monero so he would never save anything by using Monero to buy his Steam cards because hed have to create Bitcoin transactions which defeats the point because now your paying $20 to convert the BTC into XMR and again to send the XMR to the merchant. By contrast if he keeps his money in Monero he will save where Monero is accepted and it will cost him just $0.2 to convert his Monero into Bitcoin when he needs or wants to.
5. Tari is a platform for issuing tokens ( like erc20) as an XMR sidechain. The atomic swaps will allow for easy conversion between Monero, Tari based tokens and Bitcoin without an intermediary. Most token platforms will be inclined to convert their platform over to Tari from ETH or Binance because its far more decentralized, easy to convert to both BTC and Monero, the tokens can be private or transparent and the transaction fees are much lower than ETH gas.
This also applies to Monero based alt coins such as WoWnero which can adopt the swap technology as well. ( If you use alts look for ones with no dev tax, presale, ico, POS, premine but rather a coin which everyone even the creators mine equally )
Are we ready for an upswing?1INCH has been on a skid since its last ATH on the 8th of May. But where it has stopped moving down has been at the exact save level that it has repeatedly tested since the end of April. Therefore, this looks like a good entry point.
If we take a look at the 1 hour chart we can see that the RSI has swung back in a positive direction. The MACD crossing the signal line would be more bullish confirmation.
If 1INCH is turning around it should easily be able to make back its previous losses and go up 30%, back to its .618 level.
I'm hesitant to think that 1INCH will make a new ATH here just because all of the negative BTC press from yesterday. Should that continue, we might have a few more red days in the market.
However, 1INCH is a solid project with good fundamentals that, I believe, is undervalued. This would be a good price to get in if you're looking for a good good DEX
Please like, comment, and follow for more!
Trade at your own risk.
Uniswap (UNI) Forming Road to $50 then $100? V3 & EIP1559 Everybody's favorite Unicorn. Yes I said it. We're on our Unicorn path to $100. The reality is another +130% increase from these price levels will put us at a $100 Uniswap. And if we continue to hold this bull trendline we may be there by next year. With these bull market conditions another 1.3x isn't too farfetched.
We still have yet to see the full post network effects from the highly anticipated V3 upgrade coming into Uniswap tomorrow. Another huge factor in Uniswap's price I believe is Ethereum's EIP1559 effect on Uniswap. Ethereum's EIP1559 essentially means every transaction on Ethereum will burn ETH gas FOREVER. Meaning the supply of Ethereum will be diminished every year. I can only imagine how that will effect the price of Ethereum and Uniswap in the long term once Ethereum switches over to proof of stake and Ethereum becomes a scarce asset.
Uniswap is already 52% through it's circulating supply and its hard capped at 1,000,000,000. The total value locked ( TVL ) has grown exponentially by over $6 billion dollars since October of 2020. Uniswap is only at a $22.5 billion dollars as a global decentralized Exchange which to me is undervalued for the value Uniswap brings to entire crypto space.
As DeFi and Ethereum grows so will Uniswap. I can literally go on for days about Uniswap because there's a lot of upside. I'm very bullish about Uniswap this cycle and still holding my bag throughout the rest of the year.
Cheers! Much peace, love, health, and wealth!
Uniswap ready to explode higherAfter the Coinbase IPO, Ethereum and DeFi have gotten a boost again. My belief is that many of the people on Coinbase are big on Ethereum, but also we've exhausted most narratives. We've gone full circle and back into Ethereum and DeFi again. Despite the crash Ethereum recovered quickly and recovered fully which I think was a bit surprising, but the ETHBTC chart and UNIBTC charts are explosive.
With V3 coming for Uniswap, the expansion to other chains or second layers, as well as its complete dominance over other DEXs... Uniswap could be heading for a massive boom. This could be seen as a massive cup and handle pattern and I think that my target is probably the first one and the upside is even larger.
Balancer looks like Uniswap in terms of price... Mega bullish!Not much to say about Balancer other than it is a very important DeFi protocol, with traction and lots of things coming up for it. In terms of price action it looks a lot like Uniswap and they are both ready to go higher. The resistance has been tested many times already and the breakout is coming!
PolkadexWanna gamble a bit with me ? do it at your own risks. this coin is not at his correct price, too cheap.
Can buy it on Kucoin, Uniswap for decent volumes.
Max supplies 20M
This coin falled from 10000$ to 15$.
Polkadex is a trading platform catered towards both Uniswap and Centralized Exchange markets. It provides two products initially, Polkadex Orderbook and Polkapool AMM . Polkadex Network allows traders to get the best of both worlds by providing a no KYC , feeless swaps, and liquidity on AMM pool supported by a perpetual liquidity mining program.
On the other hand, Polkadex order book improves upon the centralized exchange market by providing a non-custodial, decentralized KYC'ed, fiat supported Orderbook based exchange with institutional grade liquidity and institutional trading bot support.
Polkadex Network will become a para chain when it secures a para chain slot in Polkadot, opening the path towards DOT and other assets in the Polkadot Ecosystem.
Take profit : 500$ ( Very Preservative )
Happy Tr4Ding !
Uniswap Forming road to $40 and BeyondHow can we not love our favorite unicorn Uniswap flying to new all time highs. We've been following this bull trend line since the beginning of this year right behind the smoke trails of this rocket ship. We may get a re-test of our trendline putting as at higher highs and higher lows. I also believe the Coinbase IPO will have a positive price effect on Uniswap throughout the year as more liquidity and investors flow into Coinbase.
Cheers! Much peace, love, health, and wealth!
(1INCH) To New All Time Highs Coinbase ListingIt looks like the 1INCH train is about to leave the station. We all love the Coinbase news effect. At less than 6 months old 1Inch is king of the decentralized exchange aggregator space and will continue to grow and expand with this bull cycle narrative of Bitcoin, Ethereum, DeFi, and NFTs.
Much peace, love, health, and wealth!
Polkadot (DOT) Support & Resistance AreasSeems like we've been moving sideways between $30 -$39 for the past month. We've formed a nice clear support and resistance zones. If we break past $42.50 we'll most likely have another run up and a continuation of the price discovery phase for Polkadot (DOT). Polkadot under $34 is looking like a nice buy.
Cheers! Much peace love health and wealth. Happy trading and accumulating.
Dodo is my DEFI Degen PlayNo, I didn't sell the house, all btc, eth and go all-in, but with the marketcap where it has been (relatively new), I did my usual DCA thing down to about 3 bucks roughly for a small portion of capital (fiat/trx) and got a few from farming BETH (staked eth). APY% is ridiculously high, but that wasn't what attracted me, see marketcap. Was 300 Million last I checked, but I've seen it as low as 100 Million, which is ideal for a growth situation. I typically do not swing my assets, but at some point I will probably do this with a portion of staking rewards. In the mean time, Alt staking rewards go to new daily or weekly stakes, and a portion will be converted to BTC to de-risk a portion of my capital.
As for TRX, I do keep a small stack because although I don't think there is too much room for appreciation, has done well to overcome odds (bad rep and a coin that almost everyone sh*ts on), and I intend to keep staking it. At this point, that stack is de-risked to a large extent seeing as I was buying well below current prices.
Pancake Swap Ready to Break OutWith Pancake Swap approaching the end of this triangle, my expectation is that it'll break through the top, get through that $10.60 resistance with little effort, find a little resistance at $11.80 and my price target is $13.50 by mid to late-week.
The FUD from the hack is finally subsided and they are getting closer to having version 2 ready according to their latest Twitter post. (I can't link to it yet due to my rep score)
I'm bullish on the DEXs right now all around. You really can't go wrong with any of them at this point, so grab a few of the smaller caps like Pancake, 1inch and Julswap for more upside, but Uni and Sushi are looking juicy as well.