$IO was successfully launched yesterday: Is it advisable to buy now?
A lot of posts were against the buying of the token immediately after launch.
I said it's a 50/50 thing. You could get stuck for weeks and there is also a chance to make some quick profit.
The latter was true with #io
I purchased a few tokens with 198$ and sold at 122$ about an hour later. Note: I took the risk because I was willing to forget about that amount even 3 - 5 months.
Going back to the question: is it advisable to buy IO now?
If you wanted to make quick profit you would have bought the token yesterday. I don't think there will be a massiv rise from this point.
If you want to buy for long term holding, my advice is you wait for the first correction before getting into the market.
Incase I helped you please give a like and follow me.
Crypto Analyst Predicts Record Surge for $FLOKI in Surprising New Analysis🤯💥📈
Click To Get USDT Reward Here 💰
The analyst says $FLOKI could head much after forming a cup-and-handle pattern, a bullish technical indicator.
“Don’t need a fancy chart here. Just look at #FLOKI zoomed out, Retesting its 2021 all-time high. Clean high time frame cup and handle. BNB is on the verge of price discovery. Memecoin super cycle. This sends to $10 billion plus on the next leg up easily.”
The analyst compares Floki’s current price pattern to another red-hot memecoin, #PEPE ($PEPE ), before its sudden rise. He also believes that Floki is benefiting from being based on Binance’s BNB Chain while BNB, the native token of the BNB Chain, is in an uptrend.
“Low timeframe FLOKI does look a lot like PEPE did before its last move higher. It has a similar narrative as well: PEPE being a high ETH beta meme play, FLOKI being a high BNB beta meme play.”
Floki, with a current market cap of $3.1 billion, is trading for $0.0003182 at time of writing, up more than 1,000% since trading for $0.0000269 four months ago on February 5th. #altcoins #BlackRock #BnbAth #FLOKISKYROCKET