Massive opportunity ahead for XYZ to capture NFT market share
The NFT economy is booming and there are only a handful of marketplace NFT projects with a token to show for it. XYZ is tapping into a demand zone right when XYZ yield farming is coming to an end. It has been almost 20 weeks since XYZ launched its governance token, which means 20 epochs. Most of the yield farms will be ending which means a greatly reduced amount of tokens entering the circulating supply every week.
With the announcement of Coinbase NFT marketplace and the amounting issues seen on OpenSea, it's time for a decentralized competitor to take the spotlight. XYZ is planning to release its minting product first, and then its marketplace product afterwards. They have Consensys & BarnBridge dev talent and are working on a polished NFT user experience. The token is also only listed on sushiswap, and its popularity rank (as indicated on Coingecko, CMC, and Lunar Crush) are all extremely below radar.
Once XYZ starts to onboard artists by providing them feature rich tools, the money and attention will soon follow. This may be the last chance to accumulate at these levels since the price has been heavily suppressed by DeFi farmers immediately dumping their XYZ rewards. NFTs are here to stay, and there is boat loads of VC money pushing different teams to be a meaningful OpenSea contender. If not XYZ, you will want to have some NFT exposure e.g. RARE, SUSHI, etc.
Good luck and see you on the other side!
With the announcement of Coinbase NFT marketplace and the amounting issues seen on OpenSea, it's time for a decentralized competitor to take the spotlight. XYZ is planning to release its minting product first, and then its marketplace product afterwards. They have Consensys & BarnBridge dev talent and are working on a polished NFT user experience. The token is also only listed on sushiswap, and its popularity rank (as indicated on Coingecko, CMC, and Lunar Crush) are all extremely below radar.
Once XYZ starts to onboard artists by providing them feature rich tools, the money and attention will soon follow. This may be the last chance to accumulate at these levels since the price has been heavily suppressed by DeFi farmers immediately dumping their XYZ rewards. NFTs are here to stay, and there is boat loads of VC money pushing different teams to be a meaningful OpenSea contender. If not XYZ, you will want to have some NFT exposure e.g. RARE, SUSHI, etc.
Good luck and see you on the other side!
If this monthly candle flips green, prob 10x monthly candle in november.