I really don't like posting micro-caps, however, I believe MMOOV will provide substantial yield in the short term due to the following:
Reasons being: 1. Move2Earn trend. I expect this to play out similarly to the "metaverse" shitcoin trend. eg. a great bunch of tokens pop up promising XYZ without a working product and people will buy due to speculation of what has happened in other tokens; in this case that would be GMT. Im essentially banking on people to FOMO.
2. I like the daily volume. Currently the volume traded is as much as the total market cap. This tells me that there are either big holders selling the rip, or that MOOV is quite liquid, ill take my chances w the latter.
3. MOOV has some decent backing. Apart of the DOT ecosystem, I expect the token to be marketed too a wider audience relative to other random Move2Earn tokens. Its under a "household name" ecosystem.
4. I don't think a great amount of people have fully stumbled upon Move2Earn gems other than STEPN (GGMT) and STEP. Im banking on a famous youtuber/tiktok personality to shill to their audience.
5. Relatively low market cap. I like the upside potential. Listed on 1 exchange so far, so other listings should curate a slight pump.
6. I applied this same thought process during the metaverse boom for lowcap shitcoins and it worked out well - I'm hoping for similar resutls.
This is not financial advice. While I do expect a certain result, nothing is guaranteed. There are other lowcap tokens in the Move2Earn category that I've invested in, however MOOV is the one (right now) that Im most comfortable with sharing publicly.
These analyses are my personal view on the market.
Always assume my investment risk tolerance is higher than yours
I’m here to make money, not hold your hand. Never blindly trust any analysis you see online because it fits your bias (including mine).
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.