Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Incentivised Posting / Shill => Topic started by: UmmuNusaybah on November 12, 2024, 10:10:00 AM
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With so many new tokens coming into the market, it can be hard to decide where to focus, but PEAQ stands out to me. The project aims to build a Layer 1 blockchain for DePIN ,which is something that feels like the next big thing for crypto.
What really piques my interest about PEAQ is its real world applications. Unlike many tokens that only serve a speculative purpose, PEAQ is tackling sectors like mobility, energy, and agriculture, which means it’s trying to solve real world problems. For me, that adds a layer of credibility that’s often lacking in many new projects.
I am particularly curious about how it will perform after launch. The project is still in its early stages, and although there is a lot of hype, there is always the question of how it will function in the long run. I am watching closely, especially with its listing on BingX,it’s always good to see a new token being supported by a solid exchange.
No doubt, there will be ups and downs, but I think PEAQ is one of those projects with potential that could surprise a lot of people in the future. It is definitely on my radar.
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Just be careful with the altcoins. Let me tell you how tell are. Bitcoin will increase. The altcoins will not really increase in price at first. But not long the alt season will begin. The altcoins are going to rise significantly and later fall back in a way that they may not get to all-time anymore. Bitcoin may retrace and increase back and get to all-time high but the altcoins will not rise any further like before. The altcoins bear market will start before bitcoin bear market. After bitcoin bear market starts, the altcoins will fall more significantly. Be careful with altcoins.
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What really piques my interest about PEAQ is its real world applications. Unlike many tokens that only serve a speculative purpose, PEAQ is tackling sectors like mobility, energy, and agriculture, which means it’s trying to solve real world problems. For me, that adds a layer of credibility that’s often lacking in many new projects.
I've seen some tokens claim to solve real words problem. But it's rare to see the project team talk how the token does that or how it does better than centralized solution.
I am particularly curious about how it will perform after launch. The project is still in its early stages, and although there is a lot of hype, there is always the question of how it will function in the long run. I am watching closely, especially with its listing on BingX,it’s always good to see a new token being supported by a solid exchange.
Do you mean exchange which hacked few months ago when you said BingX? If so, it makes some potential buyer feels nervous instead.
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At this point I think the whole crypto market is not only moved by intensive buying trades being placed because of the bull run but also because of bitcoin. If you check out stats on price viewing sites, like coin market cap, you will notice that price dominance of bitcoin in the market has increased greatly when last I checked coin market cap it was around 59% and still pushing.
The reason I'm saying these things is because right now it can be tempting and difficult to spot coins that to a nice extent has potential. That is because the general bull may make some coins over hyped in price.
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