UNI & Sushi Neglected BlueChips : Repricing in 2024?
UNI - Blue Chip massively cheap could see reprice in 2024.
Sushi- Future Blue chip bet... currently not used but is carving a crosschain Niche currently not even in top 100 tokens.
Uni deeper dive-
No one seems to want to buy UNI because of the "token not needed" narrative. The impact on crypto is massively under represented in the market cap of UNI. Top 3 innovation and it is ranked 25th.
The token narrative is bad at the moment, but these things tend not to matter as much as one might assume and what is currently happening in the UNI community regarding the token can change in the future.
The reprice of UNI would catch all of the market off guard.
Purely from a market analysis this seems to be a textbook depression for a token that could both reposition higher in crypto market share and grow with the market.
Sushi Deep Dive -
More research needed on this one but. at first glance, this ecosystem is building and delivering product to support a bridgeless crosschain niche while partnering (fully implementing) the chainlink CCIP cross chain protocol. If CCIP and Chainlink see growth this cycle then value could accrue to this token
contrary to UNI, sushi has built in rewards to token holders and from current volumes it can be expected that volumes will only increase.
Most importantly... this token is dirt cheap compared to the other 150 tokens ahead of it currently in market cap. currently it is around 250 million total and this could easily be 2B or 10B+ if speculative narratives flow this way.
Sushi- Future Blue chip bet... currently not used but is carving a crosschain Niche currently not even in top 100 tokens.
Uni deeper dive-
No one seems to want to buy UNI because of the "token not needed" narrative. The impact on crypto is massively under represented in the market cap of UNI. Top 3 innovation and it is ranked 25th.
The token narrative is bad at the moment, but these things tend not to matter as much as one might assume and what is currently happening in the UNI community regarding the token can change in the future.
The reprice of UNI would catch all of the market off guard.
Purely from a market analysis this seems to be a textbook depression for a token that could both reposition higher in crypto market share and grow with the market.
Sushi Deep Dive -
More research needed on this one but. at first glance, this ecosystem is building and delivering product to support a bridgeless crosschain niche while partnering (fully implementing) the chainlink CCIP cross chain protocol. If CCIP and Chainlink see growth this cycle then value could accrue to this token
contrary to UNI, sushi has built in rewards to token holders and from current volumes it can be expected that volumes will only increase.
Most importantly... this token is dirt cheap compared to the other 150 tokens ahead of it currently in market cap. currently it is around 250 million total and this could easily be 2B or 10B+ if speculative narratives flow this way.
ملاحظة
after looking at some chain data and exchange activity around SUSHI I found some very strange things in some of the charts and imo it looks like it is being heavily manipulated (like most things) but it feels a bit wierd. I see wicks on dex charts that almost telegraph pumps that are then sold off. Not the end of the world but also not a huge vote of confidence.
if something is going to have large players dominating I'd rather it be a clear known. Uniswap has some clear and vocal large players ... much rather fight in an open ring than a dark forrest with unknown participants.. just my opinion.
also means this thing could pump hard but its crypto there are opportunities every where and u can only take so much. lol
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منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.