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OPULUSDT

opul opulusdtWhy I’m Bullish on Opulous (OPUL) Opulous (OPUL) presents a compelling bullish case due to its innovative approach in tokenizing real-world assets (RWA) within the music industry. Here are the key reasons for my bullish sentiment: 1. Unique Use Case in Music and NFTs Opulous enables artists to tokenize their music rights, offering a direct way for fans and investors to support musicians while earning from music royalties. This integration of NFTs with music copyrights offers a fresh and practical utility in the blockchain space. 2. Strong RWA Narrative The tokenization of real-world assets is a growing trend in crypto. OPUL’s focus on music royalties positions it as a standout project in the RWA sector, currently ranked among the top RWA projects by market cap. As interest in RWA grows, Opulous is likely to attract more attention. 3. Fundamental Growth Metrics • Market Metrics: OPUL has a relatively low market cap (~$31 million) compared to its potential, suggesting room for growth. • Circulating Supply: About 72% of tokens are in circulation, ensuring liquidity while maintaining long-term vesting incentives for the team and investors. 4. Strong Community and Industry Support Opulous has established partnerships with influential names in the music industry and continues to attract attention for its artist-first approach. Its active user base and community engagement signal strong organic support. 5. Upcoming Developments The roadmap for 2024 includes plans for expanding tokenized music offerings and integrating with more platforms, which could boost adoption and demand for OPUL. 6. Previous Market Performance OPUL experienced significant highs during its initial launch, peaking at $6.73. Despite the bear market correction, it has shown resilience and is positioned to recover with market improvements. These factors combined make me optimistic about OPUL’s potential for upward momentum in the medium to long term. I believe it is well-positioned to capitalize on the growing intersection of blockchain technology and the music industry.
by whale_code
OPUL OPULUSDTWhy I’m Bullish on Opulous (OPUL) Opulous (OPUL) presents a compelling bullish case due to its innovative approach in tokenizing real-world assets (RWA) within the music industry. Here are the key reasons for my bullish sentiment: 1. Unique Use Case in Music and NFTs Opulous enables artists to tokenize their music rights, offering a direct way for fans and investors to support musicians while earning from music royalties. This integration of NFTs with music copyrights offers a fresh and practical utility in the blockchain space. 2. Strong RWA Narrative The tokenization of real-world assets is a growing trend in crypto. OPUL’s focus on music royalties positions it as a standout project in the RWA sector, currently ranked among the top RWA projects by market cap. As interest in RWA grows, Opulous is likely to attract more attention. 3. Fundamental Growth Metrics • Market Metrics: OPUL has a relatively low market cap (~$31 million) compared to its potential, suggesting room for growth. • Circulating Supply: About 72% of tokens are in circulation, ensuring liquidity while maintaining long-term vesting incentives for the team and investors. 4. Strong Community and Industry Support Opulous has established partnerships with influential names in the music industry and continues to attract attention for its artist-first approach. Its active user base and community engagement signal strong organic support. 5. Upcoming Developments The roadmap for 2024 includes plans for expanding tokenized music offerings and integrating with more platforms, which could boost adoption and demand for OPUL. 6. Previous Market Performance OPUL experienced significant highs during its initial launch, peaking at $6.73. Despite the bear market correction, it has shown resilience and is positioned to recover with market improvements. These factors combined make me optimistic about OPUL’s potential for upward momentum in the medium to long term. I believe it is well-positioned to capitalize on the growing intersection of blockchain technology and the music industry.
by whale_code
OPUL in Downtrend - Potential Buy SetupOn the 10th of August OPUL experienced an explosive upward movement in price due to the reveal that it's staking dashboard will be launching on August 22nd. The price of the coin jumped over 100% from around $0.08 to $0.17 before it began moving back down. It is now developing a clear channel downward and based on fibonacci levels it looks as tho the $0.10 area will be a nice opportunity to stack OPUL. The general macro sentiment to Bitcoin, crypto, and larger financial markets is still mostly bearish so please use caution when purchasing. Use your best judgement, this is not financial advice!
by WillGood
OP/USDT TRADE SETUP!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities. Do consider following me for the latest updates and Long /Short calls on almost every exchange. I post short mid and long-term trade setups too. Let’s get to the chart! I have tried my best to bring the best possible outcome in this chart, Do not consider it as financial advice. Long OP/USDT at CMP and add more up to $0.496 Remember to get in partially don't buy at once. It's important to keep your entry as low as possible. The best way is to buy in parts which will eventually average your entries. Target:- 30% to 50% SL:- $0.4620 Lev:- 5x This chart is likely to help you in making better trade decisions if it did consider upvoting this chart. Would also love to know your charts and views in the comment section. Thank you
by CRYPTOMOJO_TA
2022-04-07 OPULUSDT Finding a Bottom & Looking to LongSome thoughts on OPULUSDT: Daily: showing signs of a change in fortune. 10/20 EMA cradle has turned bullish. 12hr: looking very positive as well. Broken through the 100EMA and is retesting the 10/20EMA for a new support level. 4hr: Couple of shots of the 4hr showing possible targets if the $1 boundary (black line) is broken. 1hr: Showing signs of needing a bit of a cool off on the lower timeframes. I've marked areas of interest for taking a long entry.
Long
by DoryFish
$OPUL | SLEEPING GIANT IS ABOUT TO MAKE ITS NEW MOVEWith the strong fundamental, Opulous had some bad times by reason of bad market conditions and unlock the vesting tokens. I believe that the time has come for this starlet. Daily rsi breakout and macd looks bullish and giving buy sign. Price in the buy zone for me. It's really worth a shot imo. If the market and btc keep recovering $OPUL can bounce big. Always do your own research, this is not a financial advice. Always use stoploss in unstable market.
Long
by SeedShoHunter
OPUL and Fibonacci ExtensionsOpul is a music and creator focused token. I am bullish long term on the project overall due to being on the Algorand network, the connection with Yieldly, and that artists will always find the best ways to earn more! Here are the fib extensions from highest high and lowest low as a framework for viewing larger zones. Their website describes the project as - "Using our NFT Exchange anyone can own a piece of their favourite artist’s music copyright and buy valuable assets previously only available to industry insiders. Musicians can raise money by freely selling their music copyright as NFTs, while fans can support and form closer connections to their idols by purchasing a real stake in their career.
by WillGood