DEGO Finance- Ready for liftoff to a new ATH?
'DEGO is a blend of DeFi and NFTs which has a platform that allows users to develop NFT powered applications, mine, sell, stake and trade NFTs. Essentially dego is an open sourced protocol developing a cross-chain system.' (from the Dego website)
The project is very active with almost 70k in the Telegram group, and a lot of opinionated followers so it makes for a good follow.
The Twitter account has 93k followers https://twitter.com/dego_finance
Also the meme game is strong in the Telegram!
Check out the cool 90s Bill Gates style website https://dego.finance/home
or trade your NFTs on Degos Treasureland Marketplace https://treasureland.market/#/home
The project leader Damian did a Q&A with Binance this week and from what I watched this look like a project with a future. I currently own only a dozen DEGO and unfortunately they are on Kucoin so I cant stake them yet- although the returns do look very enticing. The coin listed on Coinspot today so there are more markets opening up to the project. It can also be purchased on Binance, Uniswap, MXC, Gate.io, Hoo.com and Bithumb.
The price boomed upon Kucoin listing to $34 AUS but has since been sitting at around a 50% discount from the ATH. Today alone it has jumped 15% to 22.37 AUS
There are only 9.9 million total supply and the current market cap is A$123 757, 724 with a trading volume of just under 100 mill.
Sceptics point to the anonymity of the founders but I have found it easy enough to hear/read/watch the founders speak about the project so that shouldn't be an issue. Their disguises wouldn't fool anyone if you knew who they were already. Look at the Binance interview and you will see what I mean.
Dego regularly hold competitions and giveaways such as this one launched today- DEGO on Twitter: "@Hoo_exchange ✖️ #DEGO Treasure Hunt is Coming! $50,000 of Rewards to be Mined! @BinanceChain #BinanceSmartChain https://t.co/UVxJNSvu1G" / Twitter So keep your eyes out for them on their Twitter account.
With a good project, a growing NFT marketplace, regular interaction, very low coin supply and a resistence that looks to have been found around $15, I see a bounce coming shortly to a new ATH. The price has been in the high $20 recently, before some understandably took profits after the rapid price rise. The floor looks to be set for a bounce to an upwards trajectory
I am bullish on this as a long term hodl
If you have an opinion let me know in the comments
