If X Money is in any way related to XMoney, then UTK is going straight to $1+
@xMoneyGreg has recently taken over, and X (twitter) has decided to rebrand its payments from x Payments to X Money.
All this when xMoney is looking to raise a round and they have EU compliance for both FIAT and Crypto.
For Crypto, they have a Virtual Asset Service Provider licensing approved by the Central Bank of Portugal
For Fiat, they are an e-money institution licensed by the National Bank of Romania via their acquisition of TwisPay
Now, @XMoney_com is the home of the UTK token, which is on the MultiversX (EGLD) Blockchain.
We all know that Beniamin Mincu, CEO of MultiversX has been in the US a lot lately and in the last town hall announced that there will be an office based and expressed the desire to capitalise on the positive crypto wave of opportunity that the new administration will bring through regulatory clarity.
$UTK is quite compelling, both from a Technical point of view and from a fundamental perspective.
From a technical perspective we see a huge bull flag accumulation on massive volume.
Why the sudden purchase by so many? This pull back presents an excellent R-R entry point.
Connecting the dots from a fundamental perspective is an exercise for the reader.
I may be very bullish on UTK, but remember to DYOR on speculation.
Having said that, where there is smoke, there fire 🔥
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