Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency Trading => Topic started by: ataraxiaceleste on August 11, 2020, 02:32:43 AM
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As you all know the bull markets have officially begun. This is just the beginning of what is going to be the most epic bull run of all times. I expect a full fledged bull market by 2021. Let us look at the current trends in the market I am not going to be doing TA here or doing a technical analysis but instead looks at the kind of sales that are happening.
Current trends in the markets :
1. Uniswap Tokens :
Uniswap is an exchange protocol that allows users to trustlessly swap ERC20 tokens. Rather using the traditional order book model, Uniswap pools tokens into smart contracts and users trade against these liquidity pools. Anyone can swap tokens, add tokens to a pool to earn fees, or list a token on Uniswap.
Massive gains were seen in projects first introduced in Uniswap. Craziest gainz were not on centralized exchanges but on Uniswap. Tokens cile Compound, Balancer ,
2. Private Sales :
We saw private sales for many reputed projects.
The Atari Group, one of the world’s most iconic consumer brands and interactive entertainment producers, announced the closing of the first round of private sales of the Atari Token in April 2020, reserved for qualified investors and implemented by Atari Chain. unit price of US$0.08 per Atari Token.
Many private sales happened in projects like Skale Network , Edgeware ,Polkadot dint hesitate to take the private sale route for a portion of their tokens.
3. Lockdrops :
Somenotable projects that did lockdrops are Supernova , Dusty network, Plasm , Darwinia Network were soem notable lockdrops of 2020.
4. Incentivised Testnests :
Incentivized testnets have been a huge flavour the market. Many reputed projects think that this might be the fair method to onboard legit community members who might contribute and also want them to have some skin in the game.
Some projects having/ had incentivised testnets are :
Kusama , Cosmos ,Cardano , Near , Coda , Oasis , NuCypher , Concordium. Concordium is a project I am super excited because it brings regulation and ID on the blockchain so finally it makes sense for businesses to get involved in the public blockchain domain. They already seem to have had 2 rounds of testnet. 3rd round is roumoured to be an incentivised testnet. So do not miss it in case you want to get some GTU.
5. IEO :
IEO is the new IPO. Binance had some cool IEO's this year. Namely, Kava , Troy , WazirX , Cartesi , The Sandbox ( which will happen in a few days ).