When investing in a project, a sensible investor uses at least two different analyses.
The first is the fundamental one, reviewing the project’s foundation, such as evaluating the project from creation to its current development status. We’ve noticed that the NULS fundamental analysis is going strong with the updates highlighted above.
The second is Technical Analysis. With respect to NULS, this analysis favors the potential growth of the NULS asset value.
Briefly speaking, we are in a region of intense currency undervaluation.
The chart above outlines the price evolution since the coin entered the Binance exchange. It shows spikes in the $2 region, about 7x the current price.
Given a more favorable market combined with the topics discussed in this article, one can assume that the value of NULS is underestimated.
We are not providing investment tips. We are providing a study based on available information.
One can assume we are in a great time to acquire more NULS, and definitely hold on to what we have.
This article aims to deliver important updates and developments about the NULS project and its relation to an eventual price escalation. We know that when this escalation occurs, it comes at a fantastic speed.
What is ENULS
ENULS, initiated by the NULS community, is a blockchain that is fully compatible with EVM and Web3 API interfaces. ENULS uses the NULS as the main asset in its network. The contract assets and chain assets from NULS can also be bridged to the ENULS network.
ENULS can be also seen as a layer2 scaling solution for Ethereum that brings better performance and lower gas-fee cost. Meanwhile, ENULS blockchain will also be supporting efficient deployment of the Ethereum ecosystem projects.
The cross-chain capability from NULS’s Parallel Chain — NerveNetwork, will empower assets from ENULS to be transferred & interacted with multi-chains, such as Ethereum, BNB Chain, Optimism, Arbitrum, Zksync, Tron, etc.
