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Multiplier Token is Good to HODL for Long Time 22/02/2021MXX tokens are designed to balance liquidity for depositors and lenders through algorithmic derived interest rates and yield. These are based on the collateralization and loans conducted on the Multiplier cryptocurrency platform. The minting of MXX tokens will start from 0 tokens, with a total supply of 9 billion, which can be accumulated through minting only. Essentially, liquidity mining is when a yield farmer mints new tokens in exchange for their liquidity on the platform. This creates a positive loop; whereby users are incentivized with minted tokens to conduct transactions on the platform, which in turn increases the value of the same token, and attracts more users to join. MXX Token and Community Governance: A maximum of 18 million MXX tokens are issued daily, shared among users in proportion of their contribution to the platform through lending, borrowing and making referrals. The currently accepted currencies on the Multiplier platform are BTC, USDT and USDC. MXX tokens are also currently listed on the trading platform Bilaxy.com. MXX tokens will gradually allow the protocol to transit towards being entirely governed by the community. The number of votes is proportional to their amount of MXX tokens and can be used to make decisions on the protocol. The move towards a decentralized governance process will protect investor interests, reduce systemic risk and increase long term utility of the Multiplier protocol. The simple-to-use Multiplier platform aims to attract holders looking to optimize their idle cryptocurrency assets, as well as attract experienced yield farmers looking for more ways to maximize their harvests. About Multiplier: Multiplier crypto lender began in 2019 with regulated financial licenses obtained (SRO Switzerland VQF 10075 and Hong Kong Money Lenders License 1702/2019), and formed strong collaborations with reputable industry leaders such as Coinbase Custody and JUMIO KYC/AML. Multiplier believes in operating within the legal framework of jurisdictions, and having the relevant licenses to adhere to regulations. The company continues to establish strong relationships, between regulatory authorities, communities and leading institutions around the globe, merging the scale and familiarity of traditional finance, into a secured, advanced and simplified global financial blockchain system. Multiplier has been developing DeFi protocols with user feedback from its centralized crypto lending entity since 2019, and launches MXX governance tokens which give the community voting rights that will gradually allow the protocol to be entirely governed by the community and stakeholders. Technical: A simple Fibonacci projection is projecting 3 Targets for us where we can capitalize on any if them or who missed the opportunity of investing on them can use these TPs for benchmarks. please comment your opinion or any news you got about it and willing to share and discus...
MLong
by BitonGroup
8
$GTC/USDT 4h (Binance Futures) Falling broadening wedge breakoutGitcoin bounced several times on 200MA support and seems ready for recovery now, let's enter on the retest. Current Price= 12.501 Buy Entry= 12.150 - 11.114 Take Profit= 14.921 | 18.030 | 22.997 Stop Loss= 9.433 Risk/Reward= 1:1.5 | 1:2.91 | 1:5.17 Expected Profit= +28.28% | +55.00% | +97.70% Possible Loss= -18.90% Fib. Retracement= 0.382 | 0.559 | 0.786 Margin Leverage= 1x Estimated Gain-time= 3 weeks Website: gitcoin.co
Long
by TradingOn
$MC/BTC 2h (Binance Spot) Ascending triangle breakout & retestMerit Circle regained 200MA and successfully pulled back to 50MA after, printing a golden cross! Current Price= 0.0001191 Buy Entry= 0.0001161 - 0.0001113 Take Profit= 0.0001294 | 0.0001419 | 0.0001632 Stop Loss= 0.0001032 Risk/Reward= 1:1.5 | 1:2.69 | 1:4.71 Expected Profit= +13.81% | +24.80% | +43.54% Possible Loss= -9.23% Fib. Retracement= 0.786 | 1.272 | 2 Margin Leverage= 1x | 2x Estimated Gain-time= 10 jours
MLong
by TradingOn
$ANT/USDT 1h (#BinanceFutures) Descending channel breakoutAragon Network has regained 50MA support and is looking good for local recovery. aragon.org Current Price= 11.453 Buy Entry= 11.272 - 10.964 Take Profit= 12.139 | 13.025 | 14.247 Stop Loss= 10.298 Risk/Reward= 1:1.25 | 1:2.33 | 1:3.82 Expected Profit= +18.36% | +34.30% | +56.28% Possible Loss= -14.76% Fib. Retracement= 0.618 | 0.786 | 1 Margin Leverage= 2x Estimated Gain-time= 1 week Contract: #ERC20 0xa117000000f279d81a1d3cc75430faa017fa5a2e
ALong
by TradingOn
SNX bottom: Are we there yet?With SNX mainnet still likely a month or so out, have we finally found the bottom in price action? I don't honestly know the answer and charts can only provide clues. Anyone who says they can predict with certainty is a liar. Again, this is NOT financial advice. This is simply what I am doing. I bought approximately 2765 Synthetix Network Tokens (SNX) on Coinbase in late July & early August (@$9.88 per SNX) of this year with the intention of earning no-hassle interest on Celsius Network at a yearly 13.99% APY. They pay me a portion (1/52nd of the yearly interest) in SNX tokens every Monday. The reasons I chose Celsius to HODL my tokens were many but knowing compounding interest at 13.99% will double my token count every 5 years was a big one. I understand there are ways to earn even more on Layer2 or on defi swap exchanges, but just as I am opposed to paying Coinbase their somewhat high fees for every transaction (buying, selling, swapping or transferring), I truly hate the volatile exorbitant gas fees of defi. I also hate all the steps necessary and the unpredictability of defi. Additionally, I have no desire to sit on my computer or stare at my cellphone all day making trades and computing transaction/gas fees or deciding where to delegate/stake my tokens. Is there a higher payoff with that higher risk? Sure. Don't care. That's just me. I wanted the "set it and forget it" high interest of Celsius that would cost me zero coins/tokens in fees once I migrated my SNX to their platform. I understood the potential of the Synthetix project (derivatives) well enough to be content sitting on a growing pile of tokens until their real value is discovered sometime early next year with the mainnet launch. So, how have I been doing so far? The price per token has taken a beating lately. But my view is truly longterm, especially by crypto-world standards. My token count now stands at 2914.828985. Celsius just added 7.35814 tokens to my personal account this morning. I don't take the risk of staking. I don't pay any gas fees. I don't pay any fees at all while I sit on my growing pile of SNX. Added bonus. Celsius just upped the interest rate to 14.05% APY on my SNX. They are adding a better on-ramp/off-ramp feature in the next few weeks, so that I won't have to pay fees to Coinbase (or other Cefi or Defi exchanges) ever again. No more having to buy elsewhere and pay fees. No more transferring and paying fees. I HATE fees! If you like what I am doing and want to use my referral code to earn $50 in BTC for setting up and transferring your coins or tokens to Celsius, just ask in the comments (Tradingview does not want me advertising my referral code). Celsius has over 40 coins/tokens that they service (the referral code applies to any of them). Most offer higher interest than you will find on other Cefi and they don't charge fees. Did I mention, I HATE fees?
BINANCE:SNXUSDLong
by tg-l
$SPELL token potential loading area for a reversal...$SPELL token is an interesting DeFi project that has landed on almost every major exchange in a short amount of time. Binance just announced listing too in late December. The chart doesn't have much history but from what we can see this area looks like prior support which will create a higher low and new base if it turns. We can also see this is the spot it has turned every time using RSI as the key indicator. I would assume this is the sweet spot for programmed Algos to flip to the buy switch. Let's see how this plays out. Lots of movement so a great one to trade.
FTX:SPELLUSDLong
by TheKitchenTrader
5
$AVAX/BTC 4h (Binance Spot) Bull flag on supportAvalanche is accumulating and looking ready for bullish continuation after bouncing back on 200MA. Current Price= 0.0017913 Buy Entry= 0.0017917 - 0.0016917 Take Profit= 0.0021484 | 0.0025481 | 0.0030662 Stop Loss= 0.0014697 Risk/Reward= 1:1.5 | 1:2.96 | 1:4.87 Expected Profit= +23.35% | +46.30% | +76.05% Possible Loss= -23.12% Fib. Retracement= 0.618 | 1 | 1.414 Margin Leverage= 1x Estimated Gain-time= 4 weeks Websites: www.avax.network www.avalabs.org Contracts: #Mainnet #BEP20 0x1ce0c2827e2ef14d5c4f29a091d735a204794041 #AVAXC FvwEAhmxKfeiG8SnEvq42hc6whRyY3EFYAvebMqDNDGCgxN5Z
Long
by TradingOn
Aurora Chain OR Aurora Smart Contract? Weird but okay..So i found something odd or at least odd to me. I was searching in the low to mid cap coins for an opportunity to buy something extremely low on discount. I found aurora chain. It met the parameters i was looking for which were as follows: 7 day price action % DOWN (25% or more) 24 Hour Price Action % UP (5-10% or less) Market Cap between 15 and 40 million 24 hour daily trading volume to be signigicantly higher than other coins around the same market cap. I couldn't find any information on Aurora Chain's website that linked anything about being an Ethereum Virtual Machine (EVM) I even tried to download the whitepaper from their site and the download read "failed no file" . Most of the articles dating back even to 2018 were lack luster and lots of fud and disbelief in the project and lots of discouraging talk around the community behind the project and the marketing/enthusiast back ground vs a grounded in the more technical side of a successful DEV team. My first thought is that they were taking the "rome wasn't built in one day" mentality and a few years after launch and people forget.....boom. The socials for Aurora Chain haven't been super active. I was eventually able to find the white paper via google on whitepaperdatabase.com and it did specifically mention being EVM compatible. So i'm honestly buggered with the question. two coins same name. similar purpose....whats the link? Maybe there isn't one and the traffic we're seeing come into this project is an unexpected result of people buying the name "AURORA" instead of doing the due diligence to figure out that this Aurora is not the same aurora that is partnered with near as far as my research can tell. On a technical analysis level on the charts though in this video. I break down how (even without knowing or understanding any of the fundamentals going into play behind the scenes) How you could have picked up on the signals of whale accumulation at the right price point. which was totally virtue signaling for a strong bullish rally to the upside. The markets are sentiment driven. Sentiment = DEMAND OR LACK OF Price is a direct result of Demand VS SUPPLY Market cap is only a byproduct of the demand and supply and momentum. IF the demand is high due to sentiment market cap will follow. as will price action. There seems to be some underlying demand for this coin. To be seen . a pending 20x would not suprise me. WIll be monitoring this project (BOTH AURORA and AURORA) very closely in 2022 Keep Stacking It NOT FINANCIAL ADVICE. ENTERTAINMENT. THANK YOU -Kevin
ALong
by Harmonicpuma
1
Predictions! 2022 for #HEX #Crypto My predictions for the performance of HEX this year. Will we see hundreds of Multiples? Most probably not. But I do feel we will see multi dollar HEX this year. And for many thats all you need to change your financial fortunes, consistent wealth building year over year is the dream ticket. Don't forget many people have been discouraged by high #Ethereum fees to enter #defi And also remember many new Richard Heart tokens in 2022 will be funnelled back into the best store of Value I know of.
HLong
by BallaJi
2