Welcome back to Gems Series and apologies for the absence past few days!
Today we are looking at Pastel (PSL).
This coin will be seeing it's first bull market coming up. The price of the coin consolidated for a few months and since the breakout, it is currently 97% lower than ATH. While the price of the coin has been up and down, the MACD indicates that it's being accumulated continuously. With a very small marketcap and pre-bull market moves, this coin is showing a lot of potential for exponential growth.
Here is the report on the selection criteria. 1- Project Status = Active 2- Industry = NFTs 3- Community Involvement = Healthy 4- Prominent Listings = KuCoin, Gate.io 5- MarketCap = 4M 6- Coin Supply = Cir: 49M, Tot: 1B
As noted above, it is a microcap and has a lot of room to grow. Based on the factors, this coin has a potential for 25x to 100x rally.
Note: This is not financial advise and shall only be used for educational and/or entertainment purpose. Please do your own research before investing. Crypto Markets are highly volatile and you are responsible for the risk of losing your entire investment.