STG - Is Stargate Finance still worth paying attention to?
Stargate Finance is one of the first projects developed by LayerZero. The LayerZero airdrop date is also rumored to be close. So will STG really benefit?
The Stargate Finance project is a Cross-Chain Bridge built on LayerZero. This is also the first dapp to operate on the LayerZero Blockchain. The project takes advantage of the LayerZero Blockchain infrastructure to build liquidity pools on the Blockchains that the project supports, thereby forming a cross-chain liquidity network connecting the blockchains. that LayerZero supports.
DeFi users can swap Native Assets on the Stargate Finance project's Crosschain. For example, users can swap USDC on Ethereum for USDT on BNB.
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The trading volume in recent days $STG is increasing, the price is approaching the resistance area of 0.5$.
The chart pattern is quite common with altcoins recently, rebounding from the bottom, similar to early February.
Strategy:
Buy: 0.48x - 0.49x
Sell: 0.65 - 0.85
Stoploss: 15%
This bet can expect a profit of 2R to 5R.