philrego
@t_philrego
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MCAP: 1.5B FDV: 3.5B TA: The chart shows a clear Ascending Triangle Reversal. You can find the details of this pattern on page 95 of this book: themarket101.wordpress.com/wp-content/uploads/2012/12/technical-analysis-and-stock-market-profits.pdf Sentiment: Once one of the most loved coins on Twitter. Now it's rarely mentioned or mentioned negatively. Fundementals: JUP is the only reasonable place to trade on Solana. JUP is clearly the best app on Solana and it's not even close. It's integrated with almost all DEXs and charges no extra fee. Beyond simple spot trading they're constantly releasing new applications. Here's a list of some of their features: dex aggragator, limit orders, perp trading, JLP (index fund + perp fees), lending/borrowing, portfolio tracker, token launchpad. Prediction: I believe the correct price for JUP is 10$ of Solana's FDV. With Solana at 126B, JUP should be worth 12.6B. At current FDV JUP should 3.6x against SOL I expect SOL to 5x before the end of the year so JUP will 18x in USD terms topping around $8-$10
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