*PORTFOLIO UPDATE*🚀
I believe that the bottom is almost near for $CHZ and I've started to accumulate CHZ recently.
If in the next couple of trading sessions, if $BTC manages to sustain above 68k, we might see bullish sentiments on fundamentally strong altcoins and I'm betting on CHZ for the following reasons:
The Chiliz Chain "Dragon8" hard fork is set to bring major upgrades that can boost the value of $CHZ:
-Advanced Technology: New tools for developers mean more and better applications on Chiliz Chain.
-Improved Transaction System: Cheaper and more predictable fees will attract more users.
-Fee Burning: Reducing the total supply of $CHZ, which can drive up the price.
-Controlled Inflation: Gradually decreasing new token creation supports long-term value.
Fundamentally, these changes make $CHZ a strong candidate for long-term growth, so I'm starting to accumulate CHZ/USDT slowly.
Keep in mind that if BTC cannot reach 68k again, the situation will be bad for the short term but I'll be using the lows to accumulate more.
💰Not a financial advice. Only use the amount you can afford to lose in the long term.