CHEAP DEX's are a proven crypto technology...are straightforward to grasp and this sector is likely to experience a rebound from these low points. Following a Memecoin downturn, they should attract greater investor interest and capital influx.
Kicking off with #JOE
Year Founded: Trader Joe emerged in 2021 and has swiftly established a solid standing in the DeFi landscape. Its ongoing innovation and growing user base highlight its dependability and potential for expansion.
Reputation and Reviews: Users have lauded Trader Joe for its user-friendly interface, minimal transaction fees, and extensive array of DeFi offerings. The community-focused support system and attentive moderators further bolster its standing.
Security Methods: The platform implements stringent security protocols, including routine audits by esteemed firms like HashEx and Paladin. This guarantees the reliability and safety of its smart contracts, instilling confidence in users regarding the platform’s security.
Transparency: Trader Joe is open about its operations, consistently sharing audit findings and engaging with its community through social media and other channels. This dedication to transparency fosters trust and accountability.
Volume Managed: Trader Joe handles significant trading volumes, highlighting its popularity and reliability. Elevated trading volumes also enhance liquidity, facilitating smoother trade executions for users.
Trader Joe emerges as a dynamic decentralized exchange (DEX) on the Avalanche network, providing a comprehensive range of DeFi (decentralized finance) services such as trading, yield farming, staking, and lending.
At a price below 25 cents, it should be taken into account for potential increases.
Dexs
SUSHI --- Bull run targetsIt's a Cycle 2 coin
with a Cycle 2 narrative #DEFI
So don't expect new high's
Still ... money can be made in Defi, DEX's . Yield ...
It's just not that sexy .
Is what it is friends, we can't fight the Market.
May be we get a right shoulder fill out and then breakout for these linear and log targets.
Best of Luck
(Higher price more risk now ofc)
Could PULSEX do a 12X from here?That is the Logarithmic cup and handle target
The current price is also around about the rate after bonuses that supporters of free speech and movement :) received with bonus amplifiers if they were in a large pool --- roughly I don't know the details
So it makes sense that numbers slightly above a 10X is where Pulsex may struggle, to get much beyond.
Lets see how this plays out
good luck in your speculations.
#PLSX
#PLS
#HEX
#RichardHeart
#SEC
SUNDAESWAP #SUNDAE still controlled by the PitchfanBut I do expect to escape it's shackles soon enough!
Sundae is still down nearly 99% - and highlight's how timing when a #Crypto is launched is critical to painting an attractive chart. Launching during the bear market - this stood no chance of going up.
But the risk reward on offer is hugely attractive for new buyers (at the pain of early investors of course)
As a leading #DEX on #ADA this has a very good chance of performing decently this cycle. IMHO.
Is it time for DeFi again? Most likely yes!DeFi on Ethereum had a big correction after things got really frothy and fees on Ethereum skyrocketed. For about 2 months DeFi took a back seat as everything else was pumping. During those months we saw tons of pumps from different categories, while DeFi & ETH had a 35-60% corrections vs BTC which is quite large. What we need to note however is that DeFi had gone up over the summer while the rest hadn't. Also part of DeFi bottomed vs BTC in November while the rest bottomed in January.
Now clearly fees will be an issue again, but the influx of new people is going to push DeFi much higher. Not only the influx of new people, but people selling their Coinbase stock and we need to remember Coinbase went heavy on DeFi tokens over the last year with lots of listings. To me this is a key rotation (from CEXs to DEXs) and includes not only Coinbase stock, but also stuff like BNB, FTT etc.
AAVE, SNX, BAL, COMP, MKR, YFI are the larger ones which have also been lagging to an extend compared to others. All of those are listed on Coinbase. UNI hasn't been lagging and its UNIBTC chart looks like a gigantic cup & handle pattern. Now SUSHI and CRV got recently listed on Coinbase, so they have the potential to do very well given that there will get more buyers this time around. BNT has a quite special chart and its price action seems controlled by a bigger entity. GRT is a special one as it has had several big pumps and looks ready for its next big one. LRC has been a massive lagger too and it is pretty cheap compared to others so potentially cheap to own here after such a big move.
The DeFi index doesn't show the full picture yet because it has weird mix of coins, however the breakout is very clear. This could be very similar to what happened earlier this year in terms of magnitude. We are 3.5 months into this alt season and we are getting breakout after breakout. Rotation from one category to another with no signs of weakness as a whole. Yes some look weak, yes some haven't done well... Yet the market as a whole has been pushing higher and higher. Ethereum is also looking very strong and healthy so it can push much much higher from here over the next few weeks. I can see the whole altcoin show going up until the end of June, so be prepared for big stuff.
I think we in Phase 4 or Phase 5 of this alt season. Given that we are going back into DeFi assuming this pump won't fail or that others don't do better than this market sector, we are probably in a new phase. We are potentially 60% into this alt season and there is a lot more to it!