Hello there ladies and gentlemen, BulloTaurus here with fresh market analysis.
Polkastarter is a DEX built for cross-chain token pools and auctions, enabling projects to raise capital on a decentralised and interoperable environment based on Polkadot.
We all know how bullish PolkaDot was when it was listed on major exchanges and how much development is going on...
Polkadot has broken its all time low and reached downards to .21 before consolidating, and attempting to break upwards. With enough volume we can see a reversal here, look for large volume and a close above .25
Polkastarter seems to have promise although it is a little unclear exactly who the two founders were at first, having just been added to the project in June 2020, and September, 2020. Since then, they have added more to the team, however I still express doubts. Either way, a lot of attention has been directed towards this ico, so their marketing campaigns are...
Currently in buy zone, strong support level as can be seen on the chart. Expecting strong fundamentals this week in the form of project development announcements/updates - breakout of the descending triangle. First TP target set circa $0.57.
