Our friend from New Zealand seems to be consolidating in a triangle formation. A breakout looks likely to be delayed by the recent Bitcoin dump which has affected a number of Alts. A breakout is likely to occur by mid-May. That said, anything is possible. The Market Cap is still low (around 20M), there is a lot of room for a bullish surge. What will really help SYLO is a listing at Binance or Huobi + adding different pairs. According to their website: "New exchange listing for the Sylo token is confirmed for Q2 2021". They also include staking on their wallet + token burning - all in Q2 of 2021... All these factors will certainly push $SYLO Market Cap much higher to over 100M, and the price will climb. Now might just be the right time to buy the token. PS: Thats not a financial advise :)
Commentaire:
this will be a shooting star - literally
