Long
Updated

Colony Avalanche Blockchain Play

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Colony is an altcoin in the avalanche blockchain. The team aims to be a venture capital firm, an index provider, a chain validator and an early stage investment platform. They have 10M in the bank and a decently sized position in avalanche at (i'm guessing) an average price around 15 usd/avax. They have a nice user interface which displays a 0,23 USD/colony as a backing but the marginal price of the token is trading at ~0,06. This could be a good entry point for another crypto atlcoin pump and dump. Get in get out get paid, don't marry digital bytes.
Note
Price data can be found at: dextools.io/app/en/avalanche/pair-explorer/0x0b2777b0c55aeaaeb56e86b6eefa6cc2cfa00e07

CLY has been holding up well in spite of current market conditions, and should market conditions improve I expect marginal price and liquidity to improve.
Price action is bottoming out and forming a bullish structure:
snapshot

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