BackGround:
the SafePal has up to 0.65 today and our SmartGo platform has detected the volatile before it go up. You can check original twitter here :
Today we are going to share out development progress and potential opportunities in $SFP even it already pumped.
Our thoughts:
We have the several ways to make profit in $SFP now:
1: Follow our SmartGo Alert to get potential volatile news ($SFP already 1x profit now)
2: Even $SFP pumped, but based on the volume data and fundamental side, we analyse this pump will not be sustained.
Why?
Since FTX crisis, the Market liquidity and confidence is not good now, it means no token can jump very high based on current market condition. and if you checked Safepal blog and discord announcement, you can know there is no Upgrade or some big news to change.
So based on current market Situation and analyse the $SFP Volume and fundamental side, we can know it just pump for letting some people to exit the liquidity(take profit)
When they dump their holding and took the profit, no one will support this market. then it will go down again.
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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