Funfair
ZKsync $ZK waiting for ETH bullrun? Alt explosion is somewhere.Project description:
ZKsync is a Layer 2 scaling solution for Ethereum that uses zero-knowledge rollups (ZK-Rollups) to provide faster and cheaper transactions while maintaining Ethereum’s security and decentralization.
Type of project:
Layer 2 scalability solution with ZK-Rollups.
Is it under a block?:
Yes, ZKsync operates on Ethereum as a Layer 2 solution, leveraging ZK-Rollups to scale Ethereum’s transaction throughput without compromising on security.
Latest update or news:
As of August 2024, ZKsync launched its zkPorter feature, combining on-chain and off-chain data availability to significantly boost scalability and reduce gas fees for decentralized applications (dApps).
Narrative:
Layer 2 scalability, ZK-Rollups, and Ethereum ecosystem.
Why is it a good investment?
Institutional Backers and Angel Investors:
a16z (Andreessen Horowitz):
Andreessen Horowitz has invested in ZKsync, recognizing its role in solving Ethereum’s scalability challenges through zero-knowledge proofs and ZK-Rollups.
Framework Ventures:
Framework Ventures has also backed ZKsync due to its technical innovations in Layer 2 solutions and its potential to significantly reduce transaction costs on Ethereum.
Union Square Ventures (USV):
USV has supported ZKsync, seeing its potential to become a key infrastructure layer in the Ethereum ecosystem, especially for scaling decentralized applications.
Angel Investors:
Vitalik Buterin (Co-founder of Ethereum):
While not a direct investor, Buterin has been a strong advocate for Layer 2 scaling solutions like ZKsync that focus on zero-knowledge proofs, aligning with Ethereum’s long-term roadmap.
Stani Kulechov (Founder of Aave):
Known for his support of DeFi scalability solutions, Kulechov has expressed interest in ZKsync’s potential to reduce transaction fees for DeFi platforms, though no direct investment is confirmed.
Futuristic Use Case:
Scalability for Ethereum-based dApps:
ZKsync enables decentralized applications on Ethereum to process transactions faster and cheaper by using ZK-Rollups, making it ideal for DeFi, gaming, and NFT platforms.
DeFi cost reduction:
By lowering gas fees and increasing transaction throughput, ZKsync allows DeFi protocols to operate more efficiently, making it an attractive solution for developers and users alike.
Cross-chain interoperability:
ZKsync is working towards integrating with other Layer 1 and Layer 2 solutions, allowing seamless interoperability across different blockchain ecosystems, which will enhance cross-chain DeFi and NFT trading.
Enterprise and institutional adoption:
As enterprises begin to explore blockchain solutions, ZKsync’s ability to scale Ethereum efficiently could attract institutional adoption, offering secure and scalable transaction capabilities.
Why will it make a significant amount of profits?
Unique competitive edge:
ZKsync’s use of ZK-Rollups provides a more scalable and secure solution compared to other Layer 2 solutions like Optimistic Rollups. Its ability to settle transactions on Ethereum while reducing gas fees makes it a standout choice for developers and users.
Growing demand for Layer 2 solutions:
As Ethereum continues to face congestion and high gas fees, the demand for Layer 2 solutions like ZKsync will increase, driving the adoption of the platform and NYSE:ZK tokens.
zkPorter and scalability features:
ZKsync’s zkPorter feature, which combines on-chain and off-chain data availability, enhances scalability for decentralized applications. This innovation allows ZKsync to handle more transactions with lower fees, attracting more dApps and users to the platform.
Long-term integration with Ethereum 2.0:
As Ethereum transitions to its full Ethereum 2.0 upgrade, ZKsync will continue to be a critical scaling solution, working alongside Ethereum to support a growing number of users and applications, ensuring sustainable growth for $ZK.
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Good entry point for FUN/USDTToday Binance announced the delisting of the trading pair fun/btc. But for the TROY token such news showed an increase of 500%. Inexperienced traders sell a coin without understanding the situation, this makes it possible to buy a token at a discount. Good entry now. For many months we have a large accumulation and the token is ready for growth.
Not financial advice.
FUN token strong signal. 3500%Fun token that is starting to develop strongly, this project was bought by a very strong team with vast experience. The token has started the process of burning tokens, burning 50% of the profit from the online casino. Also, a token will soon be launched for internal use within the game services of the project on the polygon blockchain. This is not a financial recommendation.
FunFairNow on strong support level.
If Fun breaks trendline, then is good time to entry.
Volume is growing, break could come soon.
Stoploss on invalidation level. Better to close manualy after daily close below this level.
Take profit - on TP1 you should fix part of your profit, move SL to BE and then go for TP2 and TP3
💥FUNFAIR IS READY TO FLY🚀Please support this idea with a LIKE👍 if you find it useful🥳
Buy level - $0.017 - $0.018
Stop loss - $0.015
Take profit 1 - $0.026
Take profit 2 - $0.0385
Take profit 3 - $0.047
A breakout just occurred from the major resistance at $0.017.
A pullback is in play on the 1hr timeframe here.
Once the pullback is complete, I expect a rise to the respective take profits.
What do you think?
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Share your opinion in the comment section✍️
Happy Trading💰🥳🤗
FUN/USDT - Burn StrategyTaken from the website. You can find the article in the news section of the official website.
Burn Strategy
For all in-house operations such as the soon to be launched decentralized casino we will commit to burning no less than 50% of any profits after costs. These burns will take place on a quarterly basis with the first burn event taking place at the end of Q3 2021. We will also be introducing lay staking which will provide the opportunity for token holders to participate in the profits from in-house operations. Details of this will of course vary according to the gaming operation.
Binance Investment Scheme
We have entered into agreement with Binance to sponsor a FUN savings plan which will enable long term holders to bank their tokens and enjoy interest payments on their holdings.
FUN/ETH Daily Technical AnalysisFUN/ETH Daily Technical Analysis
MACD is NEGATIVE but going tobe strong
Other indicators are be POSSITIVE
Resistance: 0,00000738 - 0,00000789
Support: 0,00000694 - 0,00000506
FUNBTC BUY IdeaFUNBTC is a long-term buy from my point of view and please let me explain why....
when this token first came out in 2017 it traded at .000007 BTC and the highest for this pair was .000137.. all that happened within a month.
it tried to get back up but it was trapped in sales, since August 2019 till now it has been playing around .00000020 - .00000075, now what has changed to make me want to buy this... well for once it now has a game plan to introduce itself in the gaming industry and it's following the timeline for it and its gaining traction such as a divergence on the weekly and a BOS(break of structure) to the upside, it's oversold on the weekly.
I see this going to the .00000212 and from that to keep going up to their original start at .000007.
I know this is a lot but I will be buying more.
Thank you.
💥FUNUSD LIKELY MOVE - RISE TO $0.026 & $0.052Please support this idea with a LIKE👍 if you find it useful🥳
We have a supply zone at $0.05 - $0.058. Also, we have price in a descending triangle.
Price has failed to break the support trendine. Therefore, I expect a pump to $0.026 first, then $0.052.
If price is unable to break the resistance at $0.026, price will fall back to $0.015 before heading to $0.052.
What do you think?
Share your opinion in the comment section✍️
Happy Trading💰🥳🤗
FUNETH 1 hour Technical Analysis1 hour Technical Analysis
1-MACD is OK
2-RSI is OK
3-CCI is OK
4-sTOCASTİC is OK
in hourly supply 0,00000878 , ...885, ...908, ...930
resistance 0,00000857, ...837, ...831
FUN is goind to be strong on 1 hour technical looking
FunFair to 300 sats? 300% gain?We've got a perfect nested 1-2-1-2 setup here....there are no guarantees in crypto but this is mighty tempting.
Buy at 72
SL below 60
PT at 300