Regarding the price of $EIGEN , the current OTC valuation is around $4.
For me, it is relatively undervalued if it is listed below this level tomorrow. If it is below 4u, I will hold it. I checked a few sources and found that the current circulating supply of $EIGEN is around 86m, if listed at 4u, the cap will be around 334m. Too cheap for a project with TVL of $12b, top 1 market.
If listed at 6u or more, you should consider selling. I am also expecting 6-7u, which is equivalent to 10-11.7b$ FDV, quite close to Eigen's current TVL. In my opinion, that is a reasonable valuation.
If #Base has #aergo then #SOL🔥🔥🔥🔥 calls #Ray . This DEX is as good as AERO and is considered to be on par with other DEXes, with good performance compared to other DEXes. The RAY chart is quite strong and is less affected by BTC fluctuations. It has broken the EMA 200 towards a higher price range. For this product, SOL will pump immediately after. Solana outperformed this cycle, you guys probably already know and there will definitely be more waves for this system in the future. Is anyone on this ship? 🔥🔥
Volume Solana DEXes are on the rise again, recording an increase of more than 1.6B, x2 times compared to September
Raydium and Orca have the best liquidity absorption. Raydium is much more outstanding with 86.51%. Cash flow from traders is mainly pouring into these 2 DEXes. DEX has a large cash flow, so Pumping is just a matter of time. Especially this is the Solana series. #Ray continuously shill and pump hopium for everyone from A to Z with quality money-making Insights. So why not get on board so that the captain can pilot this Xnxx product 🔥🔥
Mister Miggles is a meme of a cat named Miggles, which was pinned by Coinbase's official Twitter for 1-2 months. Miggles is considered the mascot of Coinbase, when Coinbase posted about this cat in July, it was pushed up to nearly 120m. MIGGLES has a fairly thick LP, the volume is always in the top of the Base system. If the Base system is pushed, this cat will likely be pushed hard and soon. The meme on $ETH has run, so maybe Base will make a comeback soon. The current cap is about 26m, it can be spread to about 30m cap. Note that the volume is moderate, guys. Those who are familiar with it can go to DEX swap or else you can buy on MEXC.
Revenue and Fees are trending up during this period, a positive sign of growth potential. One special thing I observed is that the Revenue/Fees ratio is quite similar. That means Equalizer's operating model is good, the ability to convert cash flow, revenue from Fees is very good and it is maintained for a long time. Compare with other DEX projects such as SpookySwap, Beethoven X. Most of them do not take advantage of cash flow to generate profits like Equalizer, not to mention the limited level of Revenue and Fees. Add 1 Bullish Sign for this upcoming #EQUAL pump💎💎
The current cash flow trend is mainly flowing into Memes and then AI. The Meme Sector Performance level is up to more than 150% - x3.4 times compared to other sectors. It is indeed a mistake not to play Memes this season
Just like the pump wave t10/223, the 2 sectors #AI: and #mememcoinseason2024 on the Market take turns pushing while the new technology Coin is still sluggish, making people hold on to their capital.
Currently, another sector is attracting attention, which is Political Meme. This November, the presidential election is approaching, most of the Memes in this sector are related to Trump.
Trump is currently having positive impacts on the Crypto Market during the election campaign. Crypto people enthusiastically support Trump as president. Elon Musk posts about Trump every day.
The belief in Trump's election is very strong. If Trump succeeds in becoming president, I personally think these Political Memes will fly very strongly. Typical Memes include #Maga #Write2Win #BTC☀
A little perspective on the current macro/political situation:
- FED lowers interest rates after a long period of interest rates above 5% - China's pump starts to bank money directly to the people - US Presidential election in November - actually regardless of Trump or Kamala, crypto will still fly - Iran fires missiles at Israel but it is likely just a formality in response to the assassination of the Hamas leader. Iran has been annoying the Israelis for 10-20 years now but has not dared to do anything. FUD. ----Summary: According to statistics, October is still one of the periods when $BTC has the best performance. Be steady and optimistic, guys.