Where's the BIFI?
A pet coin of mine as I love their platform.
Chosen by Binance as one of 3 most valuable builders in a recent competition.
Has good fundamentals and is one of the few DeFi projects that has yet to pump. Only 80,000 coins will ever be minted so can have prices similar to YFI.
Had a major drop when BTC corrected last week, but appears to be recovering now.
Market cap of 120M at the time of writing so high risk high reward as it could languish in obscurity or be susceptible to massive swings in price.
Would not be out of the realm of possibility for it to hit 1B market cap in the near term (almost 10x from where we're at now!)
You can see in the chart it has broken out of it's downward trend.
MACD is positive on the 4H (Looks to be nearing cross on the daily) and RSI is moving positive as well.
The nearest target would be it's most recent ATH near 2800. As for me I'm holding and staking for the long term.
BINANCE:BIFIBUSD
Chosen by Binance as one of 3 most valuable builders in a recent competition.
Has good fundamentals and is one of the few DeFi projects that has yet to pump. Only 80,000 coins will ever be minted so can have prices similar to YFI.
Had a major drop when BTC corrected last week, but appears to be recovering now.
Market cap of 120M at the time of writing so high risk high reward as it could languish in obscurity or be susceptible to massive swings in price.
Would not be out of the realm of possibility for it to hit 1B market cap in the near term (almost 10x from where we're at now!)
You can see in the chart it has broken out of it's downward trend.
MACD is positive on the 4H (Looks to be nearing cross on the daily) and RSI is moving positive as well.
The nearest target would be it's most recent ATH near 2800. As for me I'm holding and staking for the long term.
BINANCE:BIFIBUSD
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.