{Daily Watchlist | 2022/11/27}
SmartGo Daily Watchlist
Backgroud:
Today we have fetched serveral symbol from our SmartGo Platform and took research for each of them. We will share you Daily Watchlist you need to pay attentions recently.
SmartGo Watchlist:
1 : UMABUSD
UMA Protocol is a Decentralized Finance (DeFi) Protocol on Ethereum for any two counterparties to create their own financial contracts and synthetic assets.
The protocol uses a model known as Total Return Swap, which is a bilateral contract where one counterparty pays the total return of a specific underlying asset, including interest payments or dividends and any capital appreciation or depreciation. Conversely, the opposing counterparty pays a regular fixed cash flow. The underlying asset is commonly called a reference asset, and the swap is settled and terminated at a specific date in the future.
UMA’s sister project Across protocol will launch $ACX tomorrow, and UMA’s Chart has several accumulate zone, the twitter of UMA is active for $ACX launch recently.
2 : REEFBUSD
Reef offers scalability and affordable transactions to the NFT, Metaverse, GameFi, and DeFi community.
Reef’s vision is to scale Web3, making blockchain accessible to millions of developers.
Reef has up to 0.0071 last month, and down to 0.003 recently and keep that zone for several days. Reef’s twitter active for Partnership recently and SmartGo has detected the unusal volume.
3: CELOBUSD
Celo is an open platform that supports a variety of distributed applications, smart contract development and payments using e-mail addresses and phone numbers as public keys.
Celo proposes address-based encryption, a variant on identity-based encryption, directly using an e-mail address or phone number as a public key.
Celo up to 0.65 for now, already got little gains based on SmartGo, and the Funding rate is -0.75% for now, Lot’s of people shorting means exchange may explode the short position and take profit.
4: RNDRBUSD
The Render Network is a provider of decentralized GPU-based rendering solutions. RNDR is its native utility token designed as the payment currency for services offered by Render Network.
RNDR is the native token of the project. The current use cases for RNDR includes:
Payment Currency: RNDR is the utility token used to pay for animation, motion graphics, and VFX rendering on the distributed RNDR Network.
RNDR is promoting Black Friday bundle on it’s twitter and SmartGo has detected the high Volume and the price not hyped.
5: SKLBUSD
SKALE Network is a web of elastic blockchains built to optimize scalability and improve user-experience for decentralized applications.
SKALE Network is a Delegated Proof-of-Stake (DPoS) network, utilizing a type of Asynchronous Binary Byzantine Agreement (ABBA) consensus mechanism.
SKALE has announced that @NFTradeOfficial is now live on #SKALE! and it’s twitter is promoting this event now , the twitter reaction is good, and they are hosting $SKL giveaways to trying to hype.
The Chart of SKL volume increasing but price not go up yet.
The content in this Article is for informational purposes only and you should not make investment decisions based solely on it. This episode is not investment advice. You need always to do your own research and take the responsibility on your own investment!
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