From a Technical Analysis Perspective: TEL has recently achieved a significant breakthrough in price levels, despite its generally slow price action. Currently, it is resting on moderate support on the Weekly Time Frame.
The Telcoin project is one of my favorite investments. I started investing in it during the market downturn in 2018 and have consistently used a Dollar-Cost Averaging (DCA) strategy since then.
In late 2022, I began trading Telcoin in spot mode, which yielded excellent returns over 1-3 month periods.
My trading strategy focuses on quarterly returns, which suits my busy schedule and family commitments. Like many, I aspire to achieve financial freedom and build my own business in the near future.
Telcoin is one of the oldest projects in the crypto space and has stood the test of time. The project team is solid, and they have consistently met their milestones and commitments.
Telcoin Project updates for 2024:
1. Telcoin Bank Application:
Telcoin has made significant progress in establishing Telcoin Bank, a digital asset bank. The application was deemed complete by the Nebraska Department of Banking and Finance, marking a major milestone1. Telcoin Bank aims to become the first regulated bank issuer of stable-coins, referred to as "Digital Cash," which will be integral to future Telcoin remittances.
2. Participation in Flyover Fintech:
Telcoin participated in the Flyover Fintech event in Lincoln, Nebraska, where they discussed their ambitions to become the first bank-issuer of stablecoins and the future of crypto banking in the United States.
3. Mobile World Congress 2024:
Telcoin showcased their advancements at the Mobile World Congress 2024 in Barcelona. They demonstrated live transactions on the Telcoin Network, highlighting their progress in making blockchain technology usable for global money transfers.
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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.