CRYPTO CORNER EPISODE 428
Market Analysis, Updates, News & Reviews
In today’s episode I talk about 5 crypto tokens that have a huge potential for up-swings in the coming months and that are currently at very low price levels, making them ideal for accumulation right now. All of these are due to launch new products, upgrades and other upcoming releases, so I am using the “buy the rumour, sell the news” tactic here – in other words, I am taking a risk, but one that can be very profitable if things turn out as I expect. Take a look:
☝These are my opinions, not financial advice, always DYOR.
First, SXP – the token of Swipe Network – this is on my accumulation list as I saw that Swipe is planning a series of new releases and upgrades, including a complete rebranding that will be followed by a transition to its own mainnet, token swap from the current Ethereum and Binance based token format to their mainnet, an NFT markeplace Beta version, a new mobile wallet release, and a metaverse alpha release and more… really a lot going on with Swipe Network and I’ve been trading SXP a lot in the past and now with these upcoming releases, I would get back into Swipe – this is of course, speculation on my part as I am doing the typical buy the rumour sell the news type of swing trade, so if can be very profitable if these upgrades and releases bring a lot of hype and media buzz or they could just be celebrated by the Swipe community but without much noise to the outside world – it’s possible that some of these events go unnoticed, so it’s a risk, but at these low price levels, the risk is small. If the market turns upside down and breaks the support trendline, I would exit, but other than that, there’s little risk.
Next is AXS – the token of Axie Infinity – they also have quite a few things planned for the next few months, so this is another coin I am accumulating slowly at dips.
Then we have RSR – the token of Reserve Rights – another project that I like and I was trading last year but since I exited all alts some time ago, I am now accumulating this again because I saw they will be launching their own mainnet in April and this is quite a big upgrade for any network, so most often these are events that bring a lot of attention and with that, price appreciation. So it makes sense to go a bit more heavy into that. For me at least..
AIOZ network is another one that has lined up a series of events – launches and other – including a DEX, a decentralized file storage and NFTs so even though I did not know much about this project, these upcoming launches make me bullish and it is on my watchlist as of right now.
Kava is another older token that I have traded back in 2020, but not much last year due to its weak performance.
However, they have some major upgrades coming up in April and May, including a new governance token launch called MINT, the Kava Foundation Launch, Liquid staking launch and most importantly – their own main-net launch, followed by an Ethereum Bridge and more, so definitely a lot of events to keep their community excited but also, I hope that some of these will bring the attention of other investors to KAVA too, so hopefully this will be a catalyst for the price – something KAVA really needs as it under-performed last year.
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🛒Where I buy crypto
- Bitpanda (bank cards & transfers accepted)
- Coinbase (credit cards, bank transfers)
- Swan Bitcoin (US only)
- Crypto.com (bank cards & transfers)
- Binance (credit card, bank transfer)
- Kucoin (credit card, bank transfer)
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- Binance (biggest, KYC required)
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The information contained in this article is for informational purposes only. Nothing herein shall be construed to be financial or legal advice. The content of this video reflect solely my own opinions. Purchasing cryptocurrencies poses considerable risk of losses.
All information is meant for public awareness and contains what is already in the public domain. Please take this information and do your own research.
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