• Market Cap: 82 million
• Circulating Supply: 20 million
Exchanges: KuCoin, Gateio , Pancakeswap
Main Competitors: $COTI, $NEXO, $CRO
Nov 16, 2021 • 4 tweets • 1 min read
Token velocity is EXTREMELY important to the price action of a crypto
The more a crypto changes hands, the higher the velocity is
There’s a reason why payment tokens without any means of reducing velocity (lockup’s, staking, etc) struggle to see significant price appreciation
If a token is aiming to provide liquidity in large transactions ($XRP)
That’s when high token velocity can be an edge.
There’s no way $XRP can be used to it’s full utility if it’s only priced in the single digits.
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Nov 12, 2021 • 8 tweets • 2 min read
FUNDAMENTAL ANALYSIS CHECKLIST FOR BEGINNERS
I made this off of memory in my free time , so I apologize if I missed some important things to focus on, but this should help anyone looking to do some more in depth FA.