BaleiadasCriptos

NuCoin is a cryptocurrency that has caught the attention of some investors and the distrust of many others because its purchase and movement can only be carried out on the Nubank application.BLOCKCHAIN:According to its whitepaper, Nucoin coincidentally is also from the purple Blockchain from Matic, which many of you must love, due to its speed, low cost and potential return: GRAPHIC ANALYSIS: The monthly chart has almost formed a symmetrical ascending triangle design (bulish) 📈. However, we chose to put a small amount in our contribution, considering that there may be strong drops in price due to low liquidity. NEGATIVE ASPECTS: In addition to the great chance of strong devaluation in prices, another major issue is the lack of transparency in its explorer block, which makes it difficult for users to track transactions, check holder positions and understand the supply and unlock/issuance of new tokens. This raises questions about the reliability of cryptocurrency. However, in the whitepaper there is data on supply burn, initial supply of 20 billion tokens and gradual tokenomics: As a last negative point, I highlight that tokens with the highest supply (token supply), such as #CRO and $GALA , which have 25 billion tokens issued, have a much lower price compared to Nucoin: Making a quick calculation, which may even be wrong by a margin of error, we verified a discrepancy in the market value of Nucoin, using the price of CRO and GALA as a basis, which would leave Nucoin's market capitalization between 2.3 to 2.7 billion dollars, which I find very expensive, as this would leave it among the 30 strongest and most capitalized tokens in the world. Therefore, I expect drops of around 50 to 90% in the near future, at which point I hope to acquire more to obtain more benefits. POSITIVE ASPECTS: Despite these criticisms, #NuCoin (NCN) demonstrates significant growth potential, especially for early adopters , who are entering the beginning of the project, which was launched in August/23. Therefore, given the great risk, there are also chances of a better return for those who entered the project before it was launched on large Exchanges, such as #Binance. Early adopters in light greenThe technology behind NCN promises revolutionary solutions to problems in the financial industry and the development has a solid track record. If they can overcome transparency concerns and establish community trust once and for all, NuCoin could become an attractive choice for investors looking for high risk, high return. Let's remember that the biggest investor in the world, Warren Buffet, has half a billion dollars invested in Nubank (this doesn't mean anything, but it's a good curiosity, as Nubank won't want to disappoint this whale). In addition to its growth potential, the NuCoin also offers a benefits program for its locked holders. This program rewards holders, after freezing a certain amount in the application: As always, our naughty cherry comes at the end, for those of you who have patiently read this far. The NCN token promises to be anti-manipulation and anti-drop. In other words, he probably won't have major drops as I said, if the team delivers what it promises. But how did they achieve this? First, they set the current maximum purchases in the regulations at 7 thousand Nucoins. I have already checked this data on the complaints website where some people were unable to purchase above this amount, which may prevent future manipulation. Another measure that I also saw on the same website is the transaction limit of 45 thousand in sales/purchases, I just can't say if it is per day or for some other period. Finally, another measure is the suspension of negotiations, when I tried to sell on the big rise I couldn't. This likely prevented further price drops. Excerpt from the NCN regulation This may demonstrate the team's commitment to building a solid community around NuCoin, avoiding loss of investors and encouraging long-term retention, however they are not the first to create this benefits program, as they claim in their document. However, it is important to remember that benefits may be subject to change in the future, so investors should closely monitor updates and associated policies and wait for transparency in the Matic block. I confess that I searched deeply in the Blockchain itself, but I only found Nucoins fakes. FINAL CONSIDERATIONS: Remember that this is an unverifiable analysis in some points, based on data provided by Nubank itself. Without real information about NuCoin, it is impossible to make a more accurate analysis. Therefore, always do your own research before making investment decisions. Put a small contribution and not all your capital into small projects, otherwise you could end up really NUDE. As I said, I am positioning with a small contribution, I froze to obtain and guarantee benefit 4 soon, if there are more drops I will consider increasing my benefits program .Until next time, I hope you enjoyed this analysis.#BaleiadasCriptos