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Technical analysis by TheRediJedi about Symbol XDB: Buy recommendation (5/2/2023)

https://sahmeto.com/message/150737
TheRediJedi
TheRediJedi
Rank: 8650
1.4
Buy،Technical،TheRediJedi

XDB Accumulation - with XDB/BTC pairing. Accumulating XDB and running it in XDB/BTC pairing bots.. It is my coin for the year that may turn around and is finding it's bottom, if it hasnt already done so. Current info - XDB is an active project with updates informed vua Twitter and Medium - It is a payment system that offers 10-15% in rewards after its used for a purchase at this time. - They just launched payments in ASRoma, Doppleganger and Nuvolari (50 or so) stores. according the their Twitter handle Digitalbitsorg. - In ... I believe MEXC AMA, they teased a large 900+ location brand chain that they are working with to launch Digibits for payments and rewards. - Uses AtraX wallet - It was primarily traded on Kucoin and Gate.io, but in the past month or two it has been listed on MEXC, CoinDCX, BTCEX, Deepcoin, etc. - Also according to their Twitter, "#Defi is coming. AMM and liquidity pools are part of the V18 update, which is in testnet." - Tokenomics roughly 3b/20b circulting. Some have been burned, some donated to Ukraine (address untouched since donation as of now). - A token release/minting schedule is unknown. I've been accumulating for a month or two.It has an ATH of 0.84 and is currently trading at ~0.00138. I'll be accumulating 0.0002-0.006. It's All time low is 0.00113147 on Kucoin. Which is down 99.xx%. Given the project being active, payments/rewrds available in a growing list of new stores, and DEFI in testnet the project appears to be undervalued. Weekly volume since October 2022-current is roughly 50x when copared to 2021 when it had it's high of 0.84 which is good news, but the Tokenomics needs to be monitored.Trade active: ASRoma no longer having DigitalBits on Jerseys.

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Signal Type: Buy
Price at Publish Time:
$0.0010799
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