I'm not sure why Orca has not blown up like Ray and Jup, but based on the BTC bull run we have to wait for higher levels to sell, i do not think project like this goes undervalue for long time in bull-run, real question is what levels can we expect to happen?
Due to Fibonacii and current correction on ORCA/USDT i see clear level beyond 8$, and i mean here around 12,5$ target, if you bought on lower levels (like 0,8$) current state of 4x for alt-coin is standard tbh, many people already gave up on project possible that some whale accumuleted this project and still waits for weak hands to break.
Why Orca?
LIQUIDITY POOLS is one of most important features Orca currently has, JUP is popularized only for simple swap utility and now focus on trading, which left Orca as biggest volume DEX with Liquidity pools on Solana
Right now on coinmarketcap there are 4 major swaps on #SOLANA network:
( SOURCE: coinmarketcap.com/ra...kings/exchanges/dex/ )
1.Jup - Trading Volume - 933 mln $ <- price rising, listed on every major CEX
2. Orca - Trading Volume - 609 mln $ <-price still falls, not yet listed on major CEX
3. Ray - 403 mln $ <- price rising , listed on every major CEX
4. Lifinity - 2,4 mln $
Having this info in mind i think we are just waiting for obvious things to happen ;)
it's not investing advice, it's my opinion and reason i put money in this project, also i have pepe on profile pic so pls Do Your Own Reaserch
Due to Fibonacii and current correction on ORCA/USDT i see clear level beyond 8$, and i mean here around 12,5$ target, if you bought on lower levels (like 0,8$) current state of 4x for alt-coin is standard tbh, many people already gave up on project possible that some whale accumuleted this project and still waits for weak hands to break.
Why Orca?
LIQUIDITY POOLS is one of most important features Orca currently has, JUP is popularized only for simple swap utility and now focus on trading, which left Orca as biggest volume DEX with Liquidity pools on Solana
Right now on coinmarketcap there are 4 major swaps on #SOLANA network:
( SOURCE: coinmarketcap.com/ra...kings/exchanges/dex/ )
1.Jup - Trading Volume - 933 mln $ <- price rising, listed on every major CEX
2. Orca - Trading Volume - 609 mln $ <-price still falls, not yet listed on major CEX
3. Ray - 403 mln $ <- price rising , listed on every major CEX
4. Lifinity - 2,4 mln $
Having this info in mind i think we are just waiting for obvious things to happen ;)
it's not investing advice, it's my opinion and reason i put money in this project, also i have pepe on profile pic so pls Do Your Own Reaserch