SushiSwap - I believe 10 x from here.

[INCC]

Not financial advice, but I still love to share some gems.

I love DEX tokens, if you are unfamiliar with SushiSwap then it's the 3/4 largest DEX after Pancakeswap/Uniswap.

I saw someone on Twitter earlier share this too, I'm usually all on $CAKE but $SUSHI is the second bet because these DEX'es aren't going anywhere, their specific token roadmaps are primarily irrelevant since they are tied to either BNB or ETH. (BNB for Panckeswap & ETH for SushiSwap) - meaning that the only way the price to tank from here is when the platform goes insolvent, as it has hit bottom more or less, which makes it great for accumulating.

$SUSHI has a $250 million market cap tho.

The token is down almost 20 x from ATH - The new bull run will begin in 2024 or early 2025 this means if the price pulls back only 50 % then 10 x is in order.

I believe the price pulls back at least 50 % without outside influence, only due to the new bull run but if you are interested in some new developments that they are planning then here are a few articles:

https://cointelegraph.com/news/sushiswap-s-new-dex-aggregator-will-10x-our-market-share-head-chef
https://beincrypto.com/will-sushiswap-achieve-goal-climb-dex-ranks-2023/

Again, this is not financial advice but I sometimes like to share my thoughts. Pancakeswap and SushiSwap are the largest decentralized exchanges out there so I'm more confident to share my thoughts on these alts than the next Shib lol.

Any feedback is greatly appreciated, negative or positive but I'll be sure to come back to this thread when the bullrun starts

Cheers

 

[HustleTong]

DYDX looks promising as well
nfa

 

[Nikolaos]

Not financial advice, but I still love to share some gems.

I love DEX tokens, if you are unfamiliar with SushiSwap then it's the 3/4 largest DEX after Pancakeswap/Uniswap.

I saw someone on Twitter earlier share this too, I'm usually all on $CAKE but $SUSHI is the second bet because these DEX'es aren't going anywhere, their specific token roadmaps are primarily irrelevant since they are tied to either BNB or ETH. (BNB for Panckeswap & ETH for SushiSwap) - meaning that the only way the price to tank from here is when the platform goes insolvent, as it has hit bottom more or less, which makes it great for accumulating.

$SUSHI has a $250 million market cap tho.

The token is down almost 20 x from ATH - The new bull run will begin in 2024 or early 2025 this means if the price pulls back only 50 % then 10 x is in order.

I believe the price pulls back at least 50 % without outside influence, only due to the new bull run but if you are interested in some new developments that they are planning then here are a few articles:

https://cointelegraph.com/news/sushiswap-s-new-dex-aggregator-will-10x-our-market-share-head-chef
https://beincrypto.com/will-sushiswap-achieve-goal-climb-dex-ranks-2023/

Again, this is not financial advice but I sometimes like to share my thoughts. Pancakeswap and SushiSwap are the largest decentralized exchanges out there so I'm more confident to share my thoughts on these alts than the next Shib lol.

Any feedback is greatly appreciated, negative or positive but I'll be sure to come back to this thread when the bullrun starts

Cheers

First of all nobody knows if 2024 ot 2025 is gonna be a good year for crypto. Secondly I don't know much about sushi and doesn't seem a very good investment to me. Good luck though.

 

[kalpana007]

Many coins are 20x down from their ATH. But they will all not move up from here. Some can get even wiped out completely.

 

[MgicalaEarner]

Crypto is like a gf you never know what's gonna happened

 

[randomstrings]

So bull run now conveniently shifted to 2024, last year it was said to be in 2023

 

[taylorsheridanking]

aprecialy when all bitcoins mained both crypto went into moon , maybe new blockchaing usage & exploit will be found.. nobody know where jump new LUNA - like

 

[GrowthStrategist]

10x Short

 

[paisawaisa]

I will invest some money in this coin as per your advice. There is lot of scope of it going up from current lows.

 

[Hawkeye Digital]

All shitcoins are shit mate , Try your luck tho .

 

[allan.d]

Bought $100 @1.2

I will sue you if it doesn x10 from here

 

[Cewgg]

First of all nobody knows if 2024 ot 2025 is gonna be a good year for crypto. Secondly I don't know much about sushi and doesn't seem a very good investment to me. Good luck though.

good luck missing the golden bull run once again with that mindset. The upcoming bull run is the last one which will have big x returns so better plan accordingly instead of watching from the sidelines when it happens

 

[INCC]

Many coins are 20x down from their ATH. But they will all not move up from here. Some can get even wiped out completely.

Yeah we know that. What's your point?

So bull run now conveniently shifted to 2024, last year it was said to be in 2023

I have never heard that there should have been a bull run in 2023.

The bear cycle does not last less than a year.. it never has so whoever told you this isn't familiar with market cycles.

I will invest some money in this coin as per your advice. There is lot of scope of it going up from current lows.

Bought $100 @1.2

I will sue you if it doesn x10 from here

As I said, the only way not to make money with this coin is when the DEX goes suddenly bust.

They already have a working product that has got major upgrades throughout the past year so it's highly unlikely that such events unfold suddenly.

To be honest then personally I think that's one of the safer options out there to bank from, they have been around for some time and they don't sell any fairytales that they want to change the world or are in it for the tech They do this for money only. They run a DEX and need to make a profit so the only way to profit is when the DEX does well. So yeah I am confident in my picks.

good luck missing the golden bull run once again with that mindset. The upcoming bull run is the last one which will have big x returns so better plan accordingly instead of watching from the sidelines when it happens

Not sure if that will be the last bull run but after some years the volatility of the market cycles changes for sure.

 

[Elbo64]

i also agree with you that it will 10x

 

[zebestof230]

As a professional crypto investment advisor, I wouldn’t.

I won’t go deeper on the analysis, but please check tokenomics and the mechanics of “reward tokens” like I like to call them.

basically, they are printing new tokens (free money) at each block. This is why those tokens only go down.

I might miss some bullrun magic, but if you are interested look deeper into it.

 

[INCC]

As a professional crypto investment advisor, I wouldn’t.

That made me giggle but alright

I won’t go deeper on the analysis, but please check tokenomics and the mechanics of “reward tokens” like I like to call them.

It's called inflationary tokenomics.

basically, they are printing new tokens (free money) at each block. This is why those tokens only go down.

I might miss some bullrun magic, but if you are interested look deeper into it.

$SUSHI now has a hard cap of 250 million tokens so it's no longer an infinite supply - The contractual changes still haven't taken place but I guess it happens this year.

You are wrong that inflationary tokens only go down. $SHIB is the most well-known inflationary token and many projects copy their tokenomics. The product is whack as the ones that copy Shib's code but that's not the point - Ponzi is not going down, that's why there are regular burns in place + other incentives.

Ethereum has also an infinite supply that increases all the time.

$CAKE has an infinite supply and they pay the most via staking. They do regular burns and you can spend Cake tokens on lotteries and whatnot, the extra gets burned through different instruments but those who stake need to get paid too so there is always an extra that enters the circulation.

DEX tokens such as $SUSHI and $CAKE need very little to pump. They offer a platform for token launches and LP pools and all these shitcoins are tied to their DEXes - this means that they pump no matter what as you need to get your shitcoins somewhere right, and usually, you end up on either Pancakeswap or Sushiswap sites as these are the market leaders.

They already have a working product, they don't need to reinvent the wheel - this is why I think it's one of the safe bets out there.

Binance has invested billions in the Pancakeswap platform, a lot of this during the current bear market.

It's not rocket science really and there isn't anything to "look deeper into" it's very simple:

Sushiswap is tied to ETH
Pancakeswap is tied to BNB

As soon as the new bull run pushes the prices of ETH/BNB the prices for the corresponding DEX tokens immediately go up as well. Thousands of altcoins are connected to these DEXes.

You can take your chances investing in other shitcoins but I rather invest in the top exchanges that have established themselves for years on the market and it's more than likely that your desired shitcoin is tied to one of these exchanges, to begin with.