SparkDAO

Posted on Feb 21, 2022Read on Mirror.xyz

SparkDAO Spot Strategy | Crypto Investment Research Report20220222

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 article is only a personal subjective opinion, does not promise any income, assumes no legal liability, and does not constitute any investment opinion.

This issue focuses on 2 projects, AVAX / MAGIC, and the key analysis project is AVAX. The analysis reason is: Avalanche's Snow * series of protocols combine the best features of the classical consensus protocol with the best features of the Nakamoto consensus.They are based on lightweight network sampling mechanisms and achieve low latency and high throughput without agreeing on the precise membership of the system.Participants directly involved in the consensus protocol expanded from thousands to millions.Furthermore, these protocols do not utilize PoW mining, thus avoiding their excessive energy consumption and subsequent value leakage in ecosystems, which are currently relatively ideal for lightweight, environmentally friendly and static protocols.

1.AVAX(Avalanche)

Concept: Public chain L1

Circulation market value: 19.4 billion USD

Current price: 79USD

All-time high: 146USD

History lowest: 1.9USD

Opening price: 0.5USD

First release time: 2020-7-14

Market value ranking: 9

View: The Snow * series of protocols from Avalanche combine the best features of the classic consensus protocol with the best features of the Nakamoto consensus.They are based on lightweight network sampling mechanisms and achieve low latency and high throughput without agreeing on the precise membership of the system.Participants directly involved in the consensus protocol expanded from thousands to millions.Furthermore, these protocols do not utilize P o W mining, thus avoid their excessive energy consumption and subsequent value leakage in ecosystems, which are currently relatively ideal for lightweight, environmentally friendly and static protocols.

Above $50 to consider intervention to build a position, $85 near to reduce positions stop profit, can also consider long-term allocation of some positions.Strictly control low positions, do not support heavy positions and other irrational behavior.

2.MAGIC(Treasure)

Concept: NFT chain tour

Circulation market value: 814 million USD

Current price: 5.44USD

Historical high: 18.13USD

History lowest: 1.16USD

Opening price: 0.5USD

First release time: 2021-12-28

Market value ranking: ——

View: Treasure has been transformed into a huge ecosystem, located at the intersection of DeFi, NFT, and gaming.Treasure connects growing metacosmos networks through open and combinatorial methods for the convergence of NFT, DeFi, and games.

Above the US $4.8 to consider the intervention to build a position, near the US $6 to consider to reduce positions to stop profit, can also consider the long-term allocation of some positions.Strictly control low positions, do not support heavy positions 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.