Last 24 hour was a a fantastic buy opportunity and now the RSI is oversold. Main decision making candle of this current week will decide whether the market is bullish long term or bearish short term.
I really like AVAX not just because of its fundamentals and fast transaction with very little fee. Its logo is very appealing, using red color in an elegant manner is a win for #AVAX✈️ designer. However, color and design and marketing of a coin comes secondary whereas one must always choose bluechip coin and avax is definitely a bluechip coin. Here are few of the bluechip quality of avax : 1- very little or no outage 2- very little or like zero transaction fee 3- fast transaction 4- gaming industry 5- subnet technology which make it unique from other blockchain 6 - Entering into meme mania like and ethereum #SOL🔥🔥🔥🔥 And #Ethereum✅ (early mover advantage 7- Real world utility is amazing as amazon is going to use avax blockchain
If i have missed something then feel free to wrote in comments. #Write2Erarn Disclaimer: not a financial advice.
Crypto as a whole is halal ✅ but there are two aspect we have to follow : Choosing of sector and trading categories.
Sector which are HARAM are as follows : Casino& Gambling 🎰 related sector coin such as rlb Interest related sector coin such as #aave/usdt Pornography related coins Tobacco and liquor sector related coins
Whereas other sector such as infrastructure, ai , l1&l2 , privacy , health are halal ✅
Trading categories Only spot trading is halal ✅ All other form of trading such as future , short sell ,long , short everything is haram. #Write2Erarn
AGIX singularity net is one of the top AI bluechip coin with a potential of 15-20x in the bull run if market go parabolic. My personal pick is #agix as compared to #fet.ai . Although it seems that fetch will also do great but fundamentally fetch has some financial stability issue where the coin was on the verge of bankruptcy few months ago .
MEME COIN UTILITY: It helps the blockchain native coin on burning 🔥 and if the 🔥 doesn’t apply then the number of transaction.ETH benefited from this strategy and now SOL is getting a benefit now. Lastly, AVAX is all set and next in line to go toward this path.
Buying a meme of 10$ and getting $100k or $500k can never be achieved from big exchange. A big exchange like binance only list a meme one that meme hit the gains threshold binance had set. So the question is where do we get our hands dirty on meme coin mania. Luckily binance recently gave the option of using web3 where we can swap #BNB😶🌫️ #AVAX✈️ #Solana🚀 with meme coin.
I think CGPT got the most potential in terms of fundamental as it gives all the services like chatgpt and has its own launchpad. In order to use the launchpad, one has to stake CGPT for 3 months , 6 months and 12 months. With this strategy, a lot of coin will be locked which only means one thing, less supply and more demand. CGPT launched in 2023 and is up 30x since then and still a low cap + not listed on binance exchange.
Disclaimer: This is an education content and not buy/sell call. Do your own research.