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KSM

KSMUSDT - Kusama --> Emtry for 20%+ ProfitsFirstly we need to look at the fundamentals behind this trade: DOT (Polkadot, #8 ranked crypto) is gearing up on KRAKEN exchange to go live with slot auctions for parachain. Kusama is one of the top projects people believe will be getting a parachain slot. Kusama acts as a testnet for new projects on DOT, an essential piece of the ecosystem puzzle. Basically what we have here is buy the hype, sell the news. DOT have been talking about parachain auctions for a while, the fact KRAKEN exchange twitter is finally starting to pump out some marketing about it... I think we are close. Now that BTC has pumped, if we don't dump like the dickens, then we have fantastic conditions for a KSM (and also DOT) bullrun. My trade is measured for short term profits, imho if you get in and up 10% in this trade... HODL! Just hold on, I think the play needs to be = let it ride. -=-=-=-=-=-=- KSM TRADE -=-=-=-=-=-=- BUY: 400 to 405 TARGET: 500 STOP: 5% however you need to see how it retests trend line, if it does. -=-=-=-=-=-=- --==--==--==-- Fundamentals --==--==--==-- Rank #45 Market Cap = $3,467,196,719 Polkadot Ecosystem Supply: 9,651,217 --==--==--==----==--==--==--
Long
by tommytoan11
KSM: stairway to heaven (or 600$)Kusama has been in a heavy correction after a strong run, currently KSM is heavily undervalued at a marketcap of 3bn! At its high that was about 5bn but even that is just nothing compared to the likes of DOGE with 34bn... Sure not to be compared but in the long run real technology that is developed with and on Kusama will be used on a wide scale through Polkadot. I project KSM to be a top 20 project by the end of the current bull run and staying there... Currently that means a market cap of at least 7,5bn but we are in a dip so by the end of the bull run that would mean at least double; 14bn. For KSM that would mean a 4x to 5x increase in price in 2021. Likely so; as projects like KSM, DOT, LINK, ETH and BTC will be the most popular amongst institutional investors thinking in the long run; not a short pump. Right now, KSM is on the verge of a breakout; when we clear the resistance cluster and find support in the orange zone we climb the stairway to heaven; to a new ATH of 600$ and beyond...
Long
by cryptobullethbtcxlm
7
KUSAMA on its way to $600After a long consolidation period and forming a huge bullish triangle, we have been waiting for a breakout for Kusama for a long time and guess what? Its here! I see KSM hitting $600 this week! Just have a look below what happened on the last Kusama breakout... :0 Kusama still is severely undervalued at a 4bn market cap, in my opinion that should be at least 10+bn as KSM is basically Polkadot on steroids. Another fun aspect: ususally KSM breaks out first and pump and after that DOT pumps. :) The token economics are great, they are super scarce hence we such high prices and I project 10K Kusama tokens within the next 2 years, especially as the blockchain will be running full steam by then. Also parachain auctions are coming soon! Research it... IMPORTANT: this is not financial advice, trade or invest at your own risk and research.
BINANCE:KSMUSDLong
by cryptobullethbtcxlm