CHRUSDT
Chromia CHRUSD 1B Total SupplyHello Traders,
this is my idea and targets for BINANCE:CHRUSDT .
According to CMC ( DYOR too ) :
What is Chromia?
Chromia is an open source public blockchain conceived of by Swedish company Chromaway AB. The Chroma token (CHR) was launched in May of 2019. The technology behind the Chromia blockchain is adapted from an earlier technology called ‘Postchain’, a solution provided by Chromaway AB for enterprise clients.
How does Chromia work?
Chromia is a standalone Layer-1 blockchain and EVM compatible Layer-2 enhancement for Binance Smart Chain and Ethereum. It is designed to enhance existing dApps and allow for the creation of next-generation dApps by providing scalability, improved data handling, and customizable fee structures.
The blockchain uses a unique architecture called relational blockchain, as well as a custom programming language called Rell. Rell is designed to code and function very similarly to SQL, allowing developers to leverage the security and immutability of blockchain while storing and handling data with the efficiency of a relational database.
Each dApp running on Chromia operates on its own sidechain which is rooted in the main blockchain. This allows each application to scale more efficiently and gives each application developer the freedom to choose from a variety of fee structures. For example, one application may require users to pay transaction fees in CHR (similar to how Ethereum or Bitcoin work), while another application could stake enough CHR to reserve computational power and allow their users to make unlimited transactions without paying any fees at all.
What applications have been built on Chromia?
Chromia already has a wide variety of applications building upon their blockchain, using their chain as a decentralized storage layer, and using their Layer-2 enhancements. These applications range from DeFi options trading platform Hedget, to open world farming game My Neighbor Alice, to government land registry initiative LAC PropertyChain.
One of the latest features in development is a new NFT standard called Chromia Originals, which will operate both as a native standard on Chromia’s chain as well as an enhancement layer for existing ERC-721 and BEP-721 tokens. Work on these Layer-2 enhancements are being developed in cooperation with My Neighbor Alice.
CHRUSDT - No more LL, probably a reversalHi buddies, looking at the 15 min chart seems like CHR isn't making a new Lower Low. Maybe it's time to step in. Not to be greedy, I'll set my target below the last swing high. Maybe this trade worth ten cents. In case you want to join in, my entry stops and target is in the chart.
As Leonidas said "This is Sparta!!"
CHRUSDT🌟this alt has seen a lot of fluctuations in the last 6 months that means this alt came into the watchlists of the whales and big investors that can be played with but the certain goal of this coin for long term is bullish for sure, we enter from this point during a dump of BTC (which is not ended for sure and if the dump was ended it wont be the last in the road to our 1st target) but we are safe during this idea due to far stop loss we put
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