Dangermousebanana

VEROX AI - a young promising project and a perfect entry !!

Long
UNISWAP:VRXWETH   None
VEROX AI is a project that merges proprietary AI technology with DeFi platform.

On their website they state:

"WHEN DEFI MEETS ARTIFICIAL INTELLIGENCE
Verox is the artificial intelligence investment manager for crypto and deFi. We fuse the expertise of select crypto partners with artificial intelligence to achieve above human performance."

After a strong start (15 X) at the start of the year, the price has been correcting until today.
RSI is now deeply oversold and touches the low point at around 32 points for the third time this year.
Despite the price going down the OBV on balance volume, has been holding up steadily (at 2.512k) - which is a sign of strength and a positive divergence.
Historic Volatility is compressing within a funnel that suggests, that volatility will pick up soon (the next 20 days).

I took a small position since this is very speculative (16 million MarketCap) !
Actually I took only less than 5 tokens which could be considered a nice position since max supply is only 47'500 units ;o)

Let's see where that one goes ... If they achieve their extremely ambitious goal this could very well be a 1'000 X or even more !!
By the way. You can stake tokens at 18% APR !

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