BitonGroup

BitonGroup Updated  Apr 2, 2022

Fundamental Analysis: Protocol Labs describes Filecoin’s tokenomics, or economic model, as a “market for data” where users can sell their storage space to other users, who are looking to rent. Five stakeholders will be able to trade tokens: developers, clients, miners, token holders and ecosystem partners. There will also be three Filecoin markets, according to...

BitonGroup Updated  Apr 2, 2022

Fundamental Analysis: Polygon (previously Matic Network) is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building multiple types of applications. Using Polygon, one can create optimistic rollup chains, ZK rollup chains, stand...

BitonGroup Updated  Apr 2, 2022

Fundamentals: Uniswap is a popular decentralized trading protocol, known for its role in facilitating automated trading of decentralized finance (DeFi) tokens. An example of an automated market maker (AMM), Uniswap launched in November 2018, but has gained considerable popularity this year thanks to the DeFi phenomenon and associated surge in token...

BitonGroup Updated  Apr 2, 2022

Fundamental Analysis: Uniswap is a popular decentralized trading protocol, known for its role in facilitating automated trading of decentralized finance (DeFi) tokens. An example of an automated market maker (AMM), Uniswap launched in November 2018, but has gained considerable popularity this year thanks to the DeFi phenomenon and associated surge in token...

BitonGroup Updated  Apr 2, 2022

Fundamental Analysis: The total supply of Uniswap’s governance token, UNI, is 1 billion units. These will become available over the course of four years, after which Uniswap will introduce a “perpetual inflation rate” of 2% to maintain network participation. Token distribution currently consists of the following: 60% to Uniswap community members, i.e. users,...

BitonGroup Updated  Apr 2, 2022

Fundamental Analysis: MATIC tokens are released on a monthly basis. MATIC currently has a circulating supply of 7,701,069,511 MATIC tokens and a max supply of 10,000,000,000 MATIC tokens. At its initial private sale in 2017, 3.8 percent of MATIC’s max supply was issued. In the April 2019 launchpad sale, another 19 percent of the total supply was sold. The...

BitonGroup Updated  Apr 1, 2022

The price is accumulating. It is highly possible that MATICUSDT break resistance zone and moves toward 161.8% Fibonacci.

BitonGroup Updated  Apr 1, 2022

Fundamentals: Polygon (previously Matic Network) is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building multiple types of applications. Using Polygon, one can create optimistic rollup chains, ZK rollup chains, stand alone chains...

BitonGroup Updated  Apr 1, 2022

Fundamental Analysis: Fantom is a directed acyclic graph (DAG) smart contract platform providing decentralized finance (DeFi) services to developers using its own bespoke consensus algorithm. Together with its in-house token FTM, Fantom aims to solve problems associated with smart-contract platforms, specifically transaction speed, which developers say they...

BitonGroup Updated  Apr 1, 2022

Fundamental Analysis: Monero was launched in 2014, and its goal is simple: to allow transactions to take place privately and with anonymity. Even though it’s commonly thought that BTC can conceal a person’s identity, it’s often easy to trace payments back to their original source because blockchains are transparent. On the other hand, XMR is designed to obscure...

BitonGroup Updated  Apr 1, 2022

Technical Analysis: There exist Bullish Divergence of Total Value and MACD which the sign of bearish trend reversal and start of the new Bullish trend which may lead to the new economical cycle, There are Total of 3 Targets defined by the Average Confluences of the Fibonacci Expansion and Fibonacci Trend Base Extension. these confluences Points can even be...

BitonGroup Updated  Apr 1, 2022

we can see XMR is in a bullish channel and it can continue in the same direction we may have some retracement to its bullish Fibonacci retracement golden level and then start its rally we can target the 27% of fib expansion as our 1 TP 235 and 127% of fib projection as our 2 TP 269 how do you think?

BitonGroup Updated  Apr 1, 2022

we had Analyzed the Monero Coin earlier and capitalized on it with two Targets: Fundamentals: Monero was launched in 2014, and its goal is simple: to allow transactions to take place privately and with anonymity. Even though it’s commonly thought that BTC can conceal a person’s identity, it’s often easy to trace payments back to their original source because...

BitonGroup Updated  Apr 1, 2022

Technical Analysis: There exist Bullish Divergence of Total Value and MACD which the sign of bearish trend reversal and start of the new Bullish trend which may lead to the new economical cycle, There are Total of 3 Targets defined by the Average Confluences of the Fibonacci Expansion and Fibonacci Trend Base Extension. these confluences Points can even be...

BitonGroup Updated  Apr 1, 2022

we had analyzed this coin and capitalized on it now updating new targets and positions. Fundamentals: Fantom is a Directed Acyclic Graph (DAG) smart contract platform providing decentralized finance (DeFi) services to developers using its own bespoke consensus algorithm. Together with its in-house token FTM, Fantom aims to solve problems associated with...

BitonGroup Updated  Apr 1, 2022

HI here we have Fantom (FTMUSDT) analyzed using complete Price Action method where its key levels lies on the Key Fib points and absolutes support and resistances are specified and forecasted the price movement and immediate target Points to aim for as it is visible this coin is in the initial phases of volume accumulation so once it reaches the One Billion...

BitonGroup Updated  Mar 29, 2022

Fundamental Analysis: Kyber Network is a hub of liquidity protocols that aggregates liquidity from various sources to provide secure and instant transactions on any decentralized application (DApp). The main goal of Kyber Network is to enable DeFi DApps, decentralized exchanges (DEXs) and other users easy access to liquidity pools that provide the best...

BitonGroup Updated  Mar 29, 2022

as it has already passed the accumulation zone, even once had touched its ATH, currently in the supply zone so we can be very bullish about KNC the TP has been defined by Fibonacci projection of its impulsive bullish cycle and it seems to be at a good place to buy it, what do you think?