GN gents, I will be posting a series of interesting smaller projects that I've found as of late.
Starting with Block Inn, a interesting project with a solid chart in the real estate space. Let me break this down for you... 🧵
Looking at a 3-day chart, we can see that the trend is bullish since the last 2 bars, I included $0 as the lower bound using arithmetic scale to illustrate the magnitude of moves in a clearer way, that log scale can't quite capture.
If we compare the volatility of INN to that of BTCUSD, we can see that it is 9 times as volatile, for reference I included the time expiration date that I forecasted for the Bitcoin and TOTAL market cap long term forecasts. This gives us an idea of how long the 'bull cycle' can be, time wise. Bitcoin's target is 195k, if we get a move that is larger in magnitude, we can expect a 22x run from here if things go perfectly for this project.
Naturally, as this is a smaller coin, you should consider using a size small enough to tolerate losses if things don't go as planned. But if you can squeeze a 22x run out of it, even a small position can have a big impact in your returns.
This is why, experienced speculators could find it interesting to have a few small positions with huge potential but also bigger risk, with 5-10% of the crypto portfolio.
Brief summary of fundamentals:
Block Inn merges the booming short-term rental market with blockchain technology.
Dual revenue streams through short-term rentals AND off-plan investments Full suite of property management tools to automate most things Integration capabilities with existing realtor CRMs Smart contract-powered automated income distribution
They've built a robust B2B API infrastructure, meaning scalability potential. Property managers and realtors can plug in and start monetizing their portfolios with real-time analytics and automated systems. đź“Š
I like the idea of trying to tackle a real world problem, where tokenization is justified, while opening up previously inaccessible investment opportunities to the crypto traders.
Thoughts on this setup? Drop a line below! 👇
Cheers,
Ivan Labrie.
Trade active
Weekly up trend now active, good action, coin is now on Coingecko too.
Holding this one.
Note
USD chart
You can expect this type of behavior now that a weekly timeframe trend is established.
Notice the consolidation followed by another 500%+ run as a distinct possibility in the mid term.
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