Verasity

Hashflow

dYdX (Native)

&#x1f4c8;Why do we analyze mostly the charts? Yesterday, under two videos about MBS and VRA, people wrote that the tokenomics or circulating volume of both tokens will soon be changed and there will be completely different numbers, so the video needs to be updated.❌No.We work with the data what we have now, for data we use Coinmarketcap, Dropstab, Coingecko. Or any other sources. We compare data from three or more sources. These data are current at the time of video release.We can view, for example, the current coin distributions and roughly estimate the changes in the circulating volume after some period of time&#x1f48e;We have already seen many examples of how people analyze charts and try to trade news, updates in tokenomics, partnerships, etc. We should always work with the data that is available at the moment and not make up numbers for ourselves.We have seen more than 12 token partnerships with Google Cloud and most of these partnerships gave a -50% dump. Who could predict the partnership? No one! News can come out almost every minute, we cannot know the future news. We trade and analyze key zones! News only moves price to areas of interest faster or slower.➕We saw EOS launch EVM and it had absolutely no effect on the price- We saw how at the last moment DYDX postponed the unlocking of coins for a year.- 15% unlock supply on HFT gave an effect of only 7% down and then 33% up- The launch of Shibarium from Shib, which did not affect the price in any way- Pepe just by hype pumped 1billion market cap.- Iota integration into the EU system - nothing on chart- Algo partnership with FIFA - pump/dump- We have seen how a coin can be removed from Binance WTCNo one can predict the listing or delisting of coins.And it&#39;s not just small projects, Coinbase to delist XRP, Bitcoin Cash, Ethereum Classic, and XLM in January 2023. Then it returned XRP back.So any single coin can be delisted! YES. Any of your fav coin.&#x1f440;In 2021, a bunch of projects shouted that a certain price would be easily reached when the coin was listed on Binance. It&#39;s 2024 and these coins have never listed on Binance. And they will probably never get there.And many other examples.Therefore, the project team can do anything with the coin. Launch a new partnership, update the roadmap, tokenomics, burn coins, add supply (as was the case with JUP when they added 2 billion coins) add a new network, add or remove staking, launch an nft collection.Therefore, ignore comments, loud calls where token fans promise you insane profits, work with the data you have NOW.This is why the fundamental is important, but the chart reflects the real picture of what is happening with the token.

Chart over fundamental?

crypto4light

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