Transaction Journal Entry:
Date: March 20, 2024
Transaction: Purchase of ZETA at $1.9
Reasons for Purchase:
1. Low market capitalization: Considering Omichain's plan to cap at 500M, there is potential for ZETA to increase in value to 2-5B.
2. Price increase correlation with BTC and Omichain trends.
3. Market Maker (MM) Wintermute continues to accumulate ZETA, holding the largest amount on the ETH chain.
If the price drops to $1, I will consider Dollar-Cost Averaging (DCA).
My target price is $5-10.