Reasons:
1. there will be a crypto developer event called "DeFi Hackathon" by serum&solana on 15 february.
expecting more serum token use cases + more collaboration with famous DeFi such as Sushiswap, AAVE, REN, etc.
2. Serum developing new product called "RAYDIUM" (looks like initial offering platform)
3. by now, serum token already have many use cases on Dapps & Defi platforms. +interesting staking requirement + super cheap fees because of solana network.
4. Can you see those Cup Handle chart pattern?? hoping to see similar movement like many DeFi crypto such as UNI , SUSHI, 1INCH (cup handle pattern then massive 50~100% in a month).
but with more features development compared to those early version of DeFi DEX, and not many youtuber exposing&pumping about serum yet, and still below 500milion market cap,, imagine the potential.
--
!! That is my personal hope & observation nor financial advice. I am not self-claimed pro/wizard TA analysist lol.
just documenting my own reasons of my investment & trading.
1. there will be a crypto developer event called "DeFi Hackathon" by serum&solana on 15 february.
expecting more serum token use cases + more collaboration with famous DeFi such as Sushiswap, AAVE, REN, etc.
2. Serum developing new product called "RAYDIUM" (looks like initial offering platform)
3. by now, serum token already have many use cases on Dapps & Defi platforms. +interesting staking requirement + super cheap fees because of solana network.
4. Can you see those Cup Handle chart pattern?? hoping to see similar movement like many DeFi crypto such as UNI , SUSHI, 1INCH (cup handle pattern then massive 50~100% in a month).
but with more features development compared to those early version of DeFi DEX, and not many youtuber exposing&pumping about serum yet, and still below 500milion market cap,, imagine the potential.
--
!! That is my personal hope & observation nor financial advice. I am not self-claimed pro/wizard TA analysist lol.
just documenting my own reasons of my investment & trading.
1. recently just having weekly token burning event.
2. DeFi Hackathon by solanaXserum happen today.
3. MACD line already back to 0 level. prepare to bounced up