Note: Amateur/rookie opinion.
A new token, difficult to analyze with currently limited data. A strong project using a utility token in the grocery industry
Fundamentals:
-A unique project with no competitors in the current space headed by Peter Fedchenkov
-Meant to disrupt manufacture-to-retailer/wholesaler supply chain space with the aim of lowering everyday consumer grocery item prices
(replacement of legacy wholesalers with online directory, I guess kind of similar to Alibaba grouping manufacturers together, just more for grocery industry)
-One of the strongest and professional teams I've seen for a project in the crypto space
-Potential partnerships with existing grocery manufacturers
-INS token will have a use case to allow purchases, rewards distributing and marketing on INS platform
-INS token supply is limted to 50 million, ATH dolllar price was 11.96 USD/INS, therefore x6-x7 potential return for long-term
Technicals:
-Relatively high trading volume (buys and sells) despite fall from previous highs, confirmation of reversal to come, volume to decline before price rise
-Short-term bearish to wave E, to form descebing wedge before trend change (assuming count is correct).
-Buy zone 0.0001262-1500 BTC/INS
Opinion:
Good long-term project with strong fundamentals. long-term bullish, short-term bearish continuation before price reversal
A new token, difficult to analyze with currently limited data. A strong project using a utility token in the grocery industry
Fundamentals:
-A unique project with no competitors in the current space headed by Peter Fedchenkov
-Meant to disrupt manufacture-to-retailer/wholesaler supply chain space with the aim of lowering everyday consumer grocery item prices
(replacement of legacy wholesalers with online directory, I guess kind of similar to Alibaba grouping manufacturers together, just more for grocery industry)
-One of the strongest and professional teams I've seen for a project in the crypto space
-Potential partnerships with existing grocery manufacturers
-INS token will have a use case to allow purchases, rewards distributing and marketing on INS platform
-INS token supply is limted to 50 million, ATH dolllar price was 11.96 USD/INS, therefore x6-x7 potential return for long-term
Technicals:
-Relatively high trading volume (buys and sells) despite fall from previous highs, confirmation of reversal to come, volume to decline before price rise
-Short-term bearish to wave E, to form descebing wedge before trend change (assuming count is correct).
-Buy zone 0.0001262-1500 BTC/INS
Opinion:
Good long-term project with strong fundamentals. long-term bullish, short-term bearish continuation before price reversal