Biswap (BSW) is a decentralized exchange (DEX) for BEP-20 tokens on the Binance Smart Chain (BSC). Biswap promises the lowest transaction fees of any BSC exchange at 0.1% and promises to be committed to innovation in DeFi through its high-quality products and services. Biswap's core products include standard DEX features such as AMM, liquidity pools, farming, NFT market, and IDO launchpad.
🗺️ In its roadmap, Biswap aims to:
1)Listing on the largest crypto exchanges;
2) Improvements to the NFT trading platform;
3) Lending;
4) Referral exchange program.
In addition, Biswap announced a $10 million global incentive program to collaborate with other BSC projects. Affiliates can expect a 90% commission refund, farming pairs with BSW, a launch pool, marketing promotion, and grants for security audits and project development.
🛠️ What about technical analysis?
The coin has already fallen by -97% from historical highs, so the downside potential here is limited. The coin received support at $0.05 and this is likely the bottom on the coin. In the event of a BTC spill below the level of $45-50k, the BSW coin may experience a temporary drawdown of up to 50%. But now you can see how the coin is being traded in large volumes on the loy - the coin is interesting for a medium-term long on the spot with a small volume. It makes no sense to place a stop on a trade, since it can be easily taken away.
💼 Buying Biswap for your average daily portfolio.
🔎 Ticker: $BSW/USDT
✳️ Entry price: $0.126
🛡 Stop loss: it is better to take a deal without a stop in investment
💼 Volume per transaction: up to 1-2% of the crypto portfolio.
🎯 Objectives:
$0.26 (in the coming months);
$0.59 (until the end of September 2024)
$1.42 (until the end of 2024)
📈 Transaction growth potential: up to 1000%
Среднесрочный портфель обгонит по доходности любую стратегию трейдинга, поэтому я тщательно собираю портфель. В нем я делаю ставку на крипту, сырье и металлы. Впереди пачка новых идей с большим потенциалом, подпишись 🚀
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