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JPEG / USDT

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JPEGUSDT trade ideas

JPEG. 289% gains.Move in the context of the ascending triangle can be either 41% up, to the resistance line, or 15% down, to form the next rising low. My previous analysis correctly predicted an up exit from the global descending channel. Now price is forming a more global long-term pattern - exit from which can serve as the beginning of an impressive trend. The target level after a valid ascending triangle breakdown is $0.0026 - which is 289% higher than the current price.
Long
by Tropnik
Is NFTfi the future for the crypto?In 2020-2021, DeFi was the main driver of market growth and bull cycle development, giving users more uses for tokens and opportunities for users to earn. DeFi will likely no longer be able to give the same opportunities to the crypto market due to the lack of implementation of new breakthrough concepts. The only thing DeFi apps can do is to give a lighter user experience, but that probably won't have the same effect as in 2020-2021 But there is another sector which can repeat and is likely to surpass everything which was given by DeFi. Is it really NFTfi? Let’s go step by step: 1. DeFi were created for ERC-20 to give the users more opportunities to use it. NFTfi are created with the similar aim, but for the ERC-721/ERC-1155 standard tokens. 2. ERC-20 is the project tokens based on a blockchain. ERC-721/ERC-1155 are the project tokens based on a blockchain. 3. The projects, which had the ERC-20 tokens, have their own products and applications. We can say the same about the ERC-721/ERC-1155 tokens. At first sight, we see that these two sectors are identical to each other. Why can the NFTfi and ERC-721/ERC-1155 tokens give the market much more than DeFi and ERC-20 could? ERC-721/ERC-1155 is a natively more understandable technology: trading pictures with a monkey is more understandable than trading token SocialFi platform or AI solution. NFT is a more scalable technology as it allows you to tokenize a single cluster, whose object has unique properties and cannot be evaluated like any other object within the cluster. For example, real estate, premium and unique accessories, resource deposits and other. It is much easier to make convenient and simple NFTfi applications for NFT. NFTfi is the same as DeFi, not for common tokens but for unique assets. NFTfi gives all the same application options as DeFi: loans, credits, p2p exchanges, liquidity pools, decentralized futures etc. At the moment the most promising and largest sector within NFTfi is NFT lending. NFT lending are products that allow NFT owners to borrow and lend. Lending is the first level of the whole financial system, just like TradFi, then DeFi and now NFTfi. A brief review of the TOP 5 products of the NFTfi sector for traders BendDAO ($BEND) TVL: $187m Price: $0.024 ATH price: $0.069 Market.cap: $9.3m FDMC: $243m ParaSpace (no tokens) TVL: $37.7m Jpeg’d ($JPEG) TVL: $23m Price: $0.0013 ATH price: $0.0066 Market.cap: $27m FDMC: $92m NFTfi (no tokens) TVL: $10m Frakt ($FRAKT) TVL: $6.6m Price: $0.1$ ATH price: $2.4 Market.cap: $487k FDMC: $5m As we can see, almost all projects from the NFT lending sector are undervalued by the market. TVL of projects which have a token is higher than the current market capitalization, and for Frakt it is even higher than the total capitalization. Two of the top-5 projects currently don't even have a token. Moreover, it's worth mentioning that many cutting-edge and exploding products are also still under construction. Conclusion Now we can conclude that the NFTfi market is severely underestimated, considering that the NFT sector takes about 50% of all transaction turnover on Ethereum, for example, and Solana got users and developed as a project only through NFT. If the idea was interesting, give us a rocket and express your opinion on the topic. Soon we will post a second part of it, where we will look at other projects and mention the ones that may become the leaders of the market after the launch. Stay tuned!
Education
by Samura0x
5