NWC ~ Sleeping giant?
Updated
I was lucky enough to buy NWC before 1000% happened. I am still holding, so I decided to analyze to see if I should sell now, hold or add more to the position.
How did the 1000% happen?
Back in June Newscrypto project added a few fiat integrations like, Paypal and Google Pay, which allowed users to purchase their tokens directly off their platform. At the time that was, what I think, one of the biggest achievements of the project. The second big thing was a partnership with the KuCoin exchange. They partnered with them to promote education which helped Newscrypto gain awareness in this industry. I believe that the synergy of these announcements pushed the coin for 1000%
What will happen next?
After the push, NWC again entered the accumulation zone, where it has been now for about 4 months. How about the future? NWC project is just about to become a cross-chain token, which means that their token will be available on three chains. Why is this good? This means that they will be able to exploit protocols from Stellar, Ethereum, and Binance Smart Chain. I would assume that they decided to go for that in order to trade on DEX's. A logical conclusion here is Uniswap and then proceed to other DEX's.
The next big thing that is about to happen is their app hard launch. A crypto APP is one of their biggest products so far, which will increase NWC token utility and allow them to access "mobile traders". I added "Yet to be listed on Binance" because I would say that Binance listing is inevitable in 2021.
Now compare their plans for January&February with what they did back in June (when they pumped for 1000%), what is your conclusion? In my opinion, the $1,5 price projection is min. what they can achieve. I remain bullish and I am adding more to my position.
Comment what you think.
How did the 1000% happen?
Back in June Newscrypto project added a few fiat integrations like, Paypal and Google Pay, which allowed users to purchase their tokens directly off their platform. At the time that was, what I think, one of the biggest achievements of the project. The second big thing was a partnership with the KuCoin exchange. They partnered with them to promote education which helped Newscrypto gain awareness in this industry. I believe that the synergy of these announcements pushed the coin for 1000%
What will happen next?
After the push, NWC again entered the accumulation zone, where it has been now for about 4 months. How about the future? NWC project is just about to become a cross-chain token, which means that their token will be available on three chains. Why is this good? This means that they will be able to exploit protocols from Stellar, Ethereum, and Binance Smart Chain. I would assume that they decided to go for that in order to trade on DEX's. A logical conclusion here is Uniswap and then proceed to other DEX's.
The next big thing that is about to happen is their app hard launch. A crypto APP is one of their biggest products so far, which will increase NWC token utility and allow them to access "mobile traders". I added "Yet to be listed on Binance" because I would say that Binance listing is inevitable in 2021.
Now compare their plans for January&February with what they did back in June (when they pumped for 1000%), what is your conclusion? In my opinion, the $1,5 price projection is min. what they can achieve. I remain bullish and I am adding more to my position.
Comment what you think.
Note
Quick update!The project announced Uniswap listing today, as predicted! Price is already reflecting the news, I see ATH before the end of week. Project like Newscrypto will definitelly perform well on Uniswap, 10x is minimum they can do.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.