Hello everyone, I am trader Zhu Yidan, and today I will introduce a project to you, UXLINK. The contract for this coin has not been long since it was launched on Binance and has been less than half a year, and it has not yet been listed for spot trading.
Let's start with the fundamentals:
As an innovative attempt at Web3 infrastructure, UXLINK adopts a unique development path, different from traditional Web3 projects that attempt to build a new social ecosystem from scratch. UXLINK chooses to deeply integrate with the existing mature social platform Telegram, representing a more pragmatic direction for Web3 development.
Moreover, Telegram's large number of daily active users can bring more users to UXLINK in the future, providing a very good entry point for mutual success. Compared to creating everything from scratch, starting on the shoulders of 'giants' can yield twice the result with half the effort.
Several key points are worth everyone's attention:
1. Strategic Positioning: UXLINK does not duplicate existing social functions but focuses on providing enhanced Web3 features for Telegram users, retaining the familiar social experience while introducing new value brought by blockchain technology.
2. User Value: By mapping existing social relationships onto the blockchain, UXLINK provides users with the possibility of data ownership and assetization, while avoiding the common cold start issues faced by new platforms (initial users).
3. Ecological Construction: Through the UFLY Labs ecological fund, UXLINK actively invests in and incubates relevant projects, demonstrating its efforts in expanding the ecosystem. Collaborations with projects like Sonic (which has already been listed on some exchanges) and Solv Protocol further enrich its ecological value.
4. Development Trends:
The model of UXLINK reveals an important development direction for Web3 projects, which is not simply replicating Web2 products, but finding the best combination of Web2 and Web3. By attracting users into the Web3 world through incremental value, this gradual evolution strategy may be easier to gain market recognition than completely disruptive innovation, as adaptation requires a gradual process, while direct disruption often leads to resistance.
The pursuit of data sovereignty and the demand for decentralized social networks are real, but users also value the relationships accumulated in existing social networks (migration costs) and convenience (behavioral habits). UXLINK's practice demonstrates how Web3 projects can innovate while seamlessly connecting with existing user habits, which may be an important branch direction for the future of Web3 social development.
So what should we, as players in the cryptocurrency circle, pay more attention to? It's the growth rate!
As we all know, Japanese players prefer jasmy and ada, so what about Korea, which is also a major player in cryptocurrency? UXLINK continues to engage in ground advertising and promotions in Seoul and Busan (somewhat reminiscent of Tencent back in the day). UXLINK's spot trading currently has a strong buying base in Korea and has already become one of the three major national tokens in Korea.
These past two days coincided with a market correction, giving us a good opportunity to position ourselves. See the chart below:
The current price hovers between 1.30 and 1.31, which is a previous daily consolidation level. With only 11 days until Trump takes office, the probability of this being washed out until the 20th is low. Therefore, entering with a batch of low-leverage contracts is a good option.
You can choose to use 10%-15% of your position, 2x-3x, around 1.30, to enter a position and then observe the subsequent price movements. There are also supports at 1.0208 and 0.9077 (currently the strongest support), but time is running out, and this wave is unlikely to reach that low.
You can keep an eye on this coin; perhaps, it could be a dark horse in 2025?