$TANGO & $WQT - A lot of influencers were shilling these 2 projects a lot higher than they are now and have been silent during the drops.
I'm gonna bring some light to them whilst they are absolutely rekt & in my opinion the best entry you can get for a HUGE risk to reward trade
A lot of these recent projects that have launched on Uniswap have done absolutely terrible and some will never recover, but I have high faith these 2 will.
I've been active in their telegrams and speaking with the CEO's/admins and these are not projects that will just die
As we all know some projects ONLY care about the price, usually for selfish reasons so spend all their marketing funds at the start before they have anything to offer
I think it's better that they build first before going all out on the marketing, which is the case with these 2.
I have noticed recently more than ever that people give up on projects near enough instantly if they don't moon on listing, leading to most Uniswap listings dropping as much as 80 to 90% from the original pump.
This is the best time to pick up projects that have high potential.
Please bare in mind these are by no means blue chips or "safe" trades, they are speculative micro caps that are volatile and can move in price very quick with the smallest catalyst.
This is why I only have a small percentage in these and higher in ones like $ERSDL $WCRES $CELL
I'll start with $TANGO - I actually wrote a relatively detailed thread on what they do here 👇 but I'm going to add some things that I've seen since which lead me to believe in the upside. The price has dropped slightly but my views of the project havent.
The $TANGO team is strong and not built on hype. They have advisors & investors from MIT & @Enigma and also @dao_duck.
This project started in Feb 2019, so has been in the works for over 2 years. A very good sign that it isn't going to fade away based on short-term price action.
There were 3 aspects of the $TANGO program - 2 are already out (discover & learn) which is already a great way to learn the ins and outs of defi even as a newbie
The next and most important is "invest" where users can invest directly on the platform with tonnes of cool features
Now, when is this coming out and why would this make the price go up?
The announcement for this is coming out any day now, and with it they are hiring a full-time CMO purely to market the product.
Also with Uniswap V3 only 2 weeks away and retail pouring in, NUMBER GO UP
Now for $WQT
@workquest_co is available on both #BSC and @Uniswap and is essentially a decentralised job marketplace for all types of work, similar to $CTASK & $HYVE with extra features
The price has suffered due to impatience and high farming APY which is now drastically lower
This project has been in the works since 2019 and has been thought out in detail from start to finish by a dedicated team focused on building
I could write a thread just on the token usecases but I'll post this medium that was wrote yesterday explaining:
$WQT has a large public team and they are very active in telegram, often hosting AMAs & answering questions. I've been impressed with their knowledge on the freelance & blockchain space
You can see clearly this wasn't a last-minute idea and has been in the works for a long time
The team doesn't want to waste all the funds marketing before having something to offer but they are developing a marketing plan for the present in order for more visibility.
They are also constantly pushing out updates & some great partnerships.
Work Quest is the true meaning of decentralised as $WQT holders can vote in the DAO for improvements of the platform they would like to see
For instance, I put forward the idea that we should add burn mechanics on the platform fees to also add a deflationary aspect to help price
Similar to $TANGO, I think this one has many catalysts for a price rise including;
- Bottomed chart/1m market cap
- Active dedicated team working since 2019
- A very good use case everyone understands
- Uniswap V3 & retail coming
- Marketing plan starting soon
Holding strong.
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Update: Slow start😅 patience is needed for this one - but I moved half of my position into $BOTS - a ~3m market cap project with easy to use trading bots for both CEX/DEX - very slick UI, large/experienced public team. Binance hold 4% of their supply. Expecting large moves.