$UXLINK
I have been observing UXLINK for a long time. It was launched on Binance Contract on September 15th. After 3 months of consolidation, it has started to take off, with a maximum increase of 3 times. It pulled back sharply on December 25th. At present, the daily level has hit the middle track of Bollinger, and the support below is around 1.3. Let's see if it can provide effective support and take off again.
On the technical level, UXLINK has already pulled back more than half. In a bull market, every decline is an opportunity. The support below is 1.3–1.0–0.8, which are all good positions for opening positions.
Currently, UXLINK is experiencing continuous good news.
1. UXLINK’s official recent post stated that it will soon open a staking program for institutional investors and ecosystem partners!
https://x.com/UXLINKofficial/status/1874701369179054209
2. High user engagement: The tweet mentioned that more than 70,000 users have staked their $UXLINK tokens, totaling 5,538,320, worth approximately $8 million. This shows that the UXLINK platform has high user engagement and trust, and users are willing to support the development of the platform by staking tokens, which is usually a positive sign that a project is healthy and popular.
3. Support from ecosystem partners: UXLINK’s ecosystem partners include LumozOrg, airdrop2049, UXINVITE, KIPprotocol, and PinGoAI, which provide valuable airdrop rewards to UXLINK’s stakers. This collaboration not only enhances the attractiveness of the UXLINK ecosystem, but also motivates users’ long-term participation through substantial token rewards.
4. Future development potential: The tweet revealed that more projects such as SolvProtocol, Duck_Chain and SonicSVM will soon join the UXLINK ecosystem. This demonstrates UXLINK's expansion plan and confidence in future growth, increases the diversity of the platform and the range of choices for users, and may attract more developers and users to join.
5. Community support and planned expansion: UXLINK thanks its community for its support and plans to open a staking program for institutional investors and ecosystem partners. This shows that UXLINK not only values the participation of individual users, but is also seeking broader financial and strategic cooperation, which is crucial to the stability of the platform and the diversification of development funds.
6. Transparency and Trust: The picture attached to the tweet shows the details of the staking address and the staking amount, which enhances users’ confianza on the transparency of the platform’s operations and further strengthens the community’s trust in UXLINK.
In short, the high level of user participation, the expansion of the ecosystem, the support of the community, and the positive outlook for future development are all factors that are favorable to the long-term development of the UXLINK project. In addition, near this current important support level, UXLINK is likely to rebound near the support level.
