thecryer

Serum the future of exchanges

Long
thecryer Updated   
FTX:SRMUSD   Serum
Serum is one of my favorites coin with Polkadot and Synthetix in the DEFI space. Very strong potential and Governed by peoples votes.

What is Serum ?

The Team Behind Project Serum Project Serum is coined to be the new DEX to be launched by FTX Exchange- a cryptocurrency exchange and derivatives platform. Check out our review of FTX Exchange. The founders of Project Serum are also behind FTX exchange and they have also partnered with titans in the industry who have successful projects including the founders of Multicoin Capital, TomoChain, Compound, and Kyber Network

Serum is the first DEX built on Solana. Solana is a web-scale blockchain that can potentially reach 710,000 transactions per second (tps). This is possible with a verifiable delay function called SHA 256 hash chain that enables Optimistic Concurrency Control. At present, it can handle around 50,000 tps, which is exponentially faster than Ethereum’s 15 tps. The Team Behind Project Serum Project Serum is coined to be the new DEX to be launched by FTX Exchange.

Short Term Targets :

TP1 : ATH 3.8$
TP2 : 5.7$


Happy T4ding !
Comment:
+65% from call. Serum do not care BTC dips for now.

Comment:
TP1 ATH Reached.
Comment:
TP2 Reached
Trade closed: target reached
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.