LARP_Capital

Bluzelle: 12M Cap on Binance / Decentralized Databases

Long
BINANCE:BLZBTC   Bluzelle / Bitcoin
Bluzelle built a decentralized storage technology that makes it an edge network. This ensures that data is as close to the customer as possible, leading to fast performance. Current data storage systems are centralized. This makes them vulnerable to attacks, system failures, and performance issues.

Bluzelle’s servers are spread out all over the world. These servers are interconnected and they each replicate the same data. Customers can request data and the request will be fulfilled by the server that is able to respond the fastest. Thanks to this massive replication, even if a server goes down, it does not matter as all the other servers can handle the same request. New servers can be deployed at any time to replace existing ones or to increase geographic availability. Much like how Cloudflare fulfilling requests for web content on the edge, Bluzelle fulfills requests for data.

TA:
Bluzelle is currently bouncing from the bottom of the channel where it has resided for the past 10 months. Willy indicator has crossed upwards and volume has picked up significantly. Three drives to the downside on the weekly chart indicate a potential exhaustion from sellers.

FA:
Bluzelle is one of the lowest market cap coins on Binance, currently sitting around 12M total cap.
Bluzelle is a technology project w/ low hype and high development. The trade is not crowded.
Bluzelle has a live data cache product with 30x the performance of the competition: blog.bluzelle.com/bl...release-d2325cf8aa18
Bluzelle will have nodes with node requirements. All services are paid for in Blz.

Two targets are posted on the chart for traders... but I believe Bluzelle has the ability to go much higher for the patient investor.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.