Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Incentivised Posting / Shill => Topic started by: Adakole on December 03, 2024, 02:04:57 PM
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$ORA is a verifiable Oracle protocol that brings AI and complex computations on chain. It breaks down the limitations of smart contracts by allowing access to richer data sources and advanced computing capabilities, enabling developers to innovate without constraints. ORA features two primary products, the AI Oracle (OAO), which integrates AI on chain, and the ZK Oracle, which facilitates complex computing and provides historical data on chain.
The token recently launched on exchanges like BingX, where it has been trading steadily around $2, experiencing a remarkable market increase of up to 52%.
I couldn’t resist jumping in and am eager to see how the token performs in the coming days…
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I don't know about the token you are talking about. But it can be said that no matter how strong a project is, it will never do well with an exchange like BingX. There would have been a chance to do something good if there were listings on exchanges like Binance, Kucoin. But if you think it is potential then you can invest there but before investing you must analyze well because these are not popular coins. And new coins are mostly scams. The team does market making on its own by driving up and down coin prices to attract investors. And later they sell the coins themselves and exit the market with the profit
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Bingx is not a good exchange the token in itself not look very good it have to get listed on other big exchanges like Binance or Coinbase. Kucoin is also not that good but better than Bingx. The platform idea is unique but new projects with ideas like these are planned to run away with the liquidity by selling all tokens by themselves.
Every token looks like it the next gem in bull run but never invest in new tokens which is not backed by any trusted platforms. Old tokens are best to invest in bull run because they can also give 5x returns to 10x returns.
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Fair point. New tokens can be risky, especially if they’re not backed by major exchanges or trusted platforms. It’s always smart to do your research and focus on reliable projects. I’ve been using BingX for a while now, and it’s been pretty fair for me, but everyone’s experience can differ."
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The only advantage of this project is its listing on BingX but AI on chain, ZK Oracle and other terms do not give the token value especially if the supply is large or liquidity is limited. Adding data about the total supply, who has the largest distribution, total liquidity would be useful.
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While exchanges reputation can impact a token's visibility, it's important to remember that new coins always carry risks. However, dismissing them entirely might mean missing potential opportunities. Smart traders focus on researching a project's fundamentals, the credibility of the team, and its real-world utility, rather than just the exchange listings. Every trade comes with its own risks, so thorough analysis and caution are essential before making any judgments.
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By now You should have understand the meaning of research and always know that trading new tokens is risky, a CEX can list a token that might perform good or bad depending on the community backing from the token, I've seen tokens like HMSTR that got listed on binance dumped after that, a CEX can list a token but just know that they are not responsible for the price movement of the token, it's the same law of demand and supply that drives the price of a token.
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Bingx is not a good exchange the token in itself not look very good it have to get listed on other big exchanges like Binance or Coinbase. Kucoin is also not that good but better than Bingx. The platform idea is unique but new projects with ideas like these are planned to run away with the liquidity by selling all tokens by themselves.
Every token looks like it the next gem in bull run but never invest in new tokens which is not backed by any trusted platforms. Old tokens are best to invest in bull run because they can also give 5x returns to 10x returns.
I am also agree with your valuable comment. Because i believe that you could express a best opinion, which is vary trusted in this time. We also know that binance is one of the best and would famous crypto exchange in cryptocurrency world. So i think that when we want to invest in a new coins, i believe that it will not best profitable in cryptocurrency market. But if we want to invest in old coins, i believe that it will be best profitable for us. Because we believe that some old trusted coins can give us huge profit in cryptocurrency market.
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I don't know about the token you are talking about. But it can be said that no matter how strong a project is, it will never do well with an exchange like BingX. There would have been a chance to do something good if there were listings on exchanges like Binance, Kucoin. But if you think it is potential then you can invest there but before investing you must analyze well because these are not popular coins. And new coins are mostly scams. The team does market making on its own by driving up and down coin prices to attract investors. And later they sell the coins themselves and exit the market with the profit
I'm not sure I agree with that assessment. According to CoinMarketCap, the exchange that listed $ORA is a registered exchange with its own set of metrics and user reviews. They have a large user base and a wide range of trading options. It's always important to DYOR and consider multiple perspectives before forming an opinion
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$ORA is a verifiable Oracle protocol that brings AI and complex computations on chain. It breaks down the limitations of smart contracts by allowing access to richer data sources and advanced computing capabilities, enabling developers to innovate without constraints. ORA features two primary products, the AI Oracle (OAO), which integrates AI on chain, and the ZK Oracle, which facilitates complex computing and provides historical data on chain.
The token recently launched on exchanges like BingX, where it has been trading steadily around $2, experiencing a remarkable market increase of up to 52%.
I couldn’t resist jumping in and am eager to see how the token performs in the coming days…
Just checked the funamentals of the token and it's realy good and the narrative is also the hyped one, token is from the low cap category, site is not that fast mean it needs some technical fixation and the Telegram channel and group is totally dead, there is no activity and only 171 members? Wait they have 2 telegram accounts one mentioned on their twitter which is active and on their docs not active?
Overall the $20 million funding, and the trading volume and the narrative, and the real product, seems totally fishing to me. Overall, did not heard about this project from anyone trusted and investors' mind. Their are many similar low cap projects which have good M.Cap and FDV but they give bad vibe.
I found a depin project today TOMI, someone mentioned it to me, it's way better then this one. Point is, there are more better opportunity in the market then why risking money on these tokens and the token is already very expensive but OP I won't say it's a bad token, it's your money you want to risk then it's your choice.
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I am also agree with your valuable comment. Because i believe that you could express a best opinion, which is vary trusted in this time. We also know that binance is one of the best and would famous crypto exchange in cryptocurrency world. So i think that when we want to invest in a new coins, i believe that it will not best profitable in cryptocurrency market. But if we want to invest in old coins, i believe that it will be best profitable for us. Because we believe that some old trusted coins can give us huge profit in cryptocurrency market.
Old coins at least don't possess the threat that they will run away and from historical point of view many old coins made decent pumps in previous bull run and same coins can still give same result now. Investing in these coins is safe and we can even hold them for long time.
New coins are very volatile and risky due to their recent listing we don't have data to analyze either on chart and on any tracker. We are gambling because we are blind we just say team is working but without the product this ORA token can't pump.