SparkDAO

Posted on Mar 28, 2022Read on Mirror.xyz

SparkDAO Spot Strategy | Crypto Investment Research Report220329

SparkDAO is an investment research group focusing on the field of digital encryption, with members distributed all over the world. We are keen to explore the underlying logic and cutting-edge tracks in the field of digital encryption. Welcome to our Twitter: sparkdao_io

*This is a personal opinion, not a promise of any return, not a legal liability, and not an investment opinion.

This issue focuses on two projects SYN/POKT, with emphasis on Syn.Synapse is a cross-chain layer protocol that powers frictionless interoperability between blockchains. SYN Token is the governance and utility Token for Synapse. It connects blockchains by providing scalable cross-link communication protocols such as support assets, intelligent contract calls, and so on. By leveraging Synapse, blockchains can easily and safely interoperate with each other, allowing developers to build real cross-link applications, including cross-link Dex, loan platforms, margin systems, derivatives markets, revenue aggregators, and more.

1.SYN(Synapse)

Concept: cross-linking

Market Value in circulation: 375 million USD

Current Price: 2.04 USD

Highest ever: 4.89 USD

Lowest ever: 0.38 USD

View: Synapse is a cross-chain layer protocol that powers frictionless interoperability between blockchains. SYN Token is the governance and utility Token for Synapse. It connects blockchains by providing scalable cross-link communication protocols such as support assets, intelligent contract calls, and so on. By leveraging Synapse, blockchains can easily and safely interoperate with each other, allowing developers to build real cross-link applications, including cross-link Dex, loan platforms, margin systems, derivatives markets, revenue aggregators, and more.

Consider entering a position above $2. Consider reducing your position to close to $3. You can also consider a long-term allocation to a portion of your position. Strictly control low position, do not support heavy position and other irrational behavior.

2.POKT(Pocket Network)

Concept: WEB3 node service provider

Current market value: -

Current price: 0.97 USD

Highest ever: 3.1 USD

Lowest ever: 0.68 USD

Opening price: 0.1 USD

First release: 2022-1-12

Idea: The Pocket Network is a decentralized blockchain API for web 3 applications that transfers data between any blockchain over a Network of thousands of nodes. Pocket Network protocol validates all relay data and rewards POKT participating nodes proportionally. Pocket Network is definitely the key protocol that promotes decentralization at the RPC infrastructure level. With a large number of nodes available to relay services, users and applications do not have to worry about any infrastructure downtime or censorship. This innovative middleware solution will bring decentralization to the infrastructure stack of each blockchain.

Consider entering into a position above $0.70 and closing a position near $1.40. Also consider a long-term allocation of some positions. Strictly control low position, do not support heavy position and other irrational behavior.

*The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of SparkDAO. Every investment and trading move involves risk, you should conduct your own research when making a decision.