MUSE (NFT20) oversold and ready for a new pump
NFT20 (MUSE) is the first dex for NFTs, after a great surge that did 900+% against ETH we now see a consolidation and a heavily oversold indicator.
NFT20 (dex) is just 2 months old and is gaining in volume, traffic and adoption and is adding new DEFI applications including flash loans that caught the attention of the ETH foundation.
The team is very motivated and talented to succeed offering users a way to swap NFTs 1 to 1, tokenize NFTs to ERC20 tokens or Dutch auction your NFT.
This is a very early project and with a very low marketcap with a great upside potential, already in the next pump a potential of 151% against ETH.
It might take a while to unfold as ETh is now fishting for a new ATH but I do think ETH will top out between 2100/2200$ for the time being and when this happens MUSE will surge.
NFT HYPE
With the NFT hype getting bigger and bigger and new NFTs like Polkamon getting huge; there's a big chance such NFTs are coming to NFT20 which will result in a adoption boom.
NFT20 is a Defi and NFT infrastructure project that is still way undervalued at 40M market cap; fair valuation would be 400M (10x) which I expect to reach by August.
Check my last update about MUSE linked below for further info and the great token economics.
IMPORTANT: this is not financial advice, trade or invest at your own risk and research.
NFT20 (dex) is just 2 months old and is gaining in volume, traffic and adoption and is adding new DEFI applications including flash loans that caught the attention of the ETH foundation.
The team is very motivated and talented to succeed offering users a way to swap NFTs 1 to 1, tokenize NFTs to ERC20 tokens or Dutch auction your NFT.
This is a very early project and with a very low marketcap with a great upside potential, already in the next pump a potential of 151% against ETH.
It might take a while to unfold as ETh is now fishting for a new ATH but I do think ETH will top out between 2100/2200$ for the time being and when this happens MUSE will surge.
NFT HYPE
With the NFT hype getting bigger and bigger and new NFTs like Polkamon getting huge; there's a big chance such NFTs are coming to NFT20 which will result in a adoption boom.
NFT20 is a Defi and NFT infrastructure project that is still way undervalued at 40M market cap; fair valuation would be 400M (10x) which I expect to reach by August.
Check my last update about MUSE linked below for further info and the great token economics.
IMPORTANT: this is not financial advice, trade or invest at your own risk and research.
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