HTMUSDC - Huge opportunity, Fundamental Factors - Here's why.Private Mainnet launch confirmed.
Public Mainnet launch in less than 1 Month.
Demand pressure on HTM through
Fundamental Factors that will ignite an HTM uptrend:
1. 15M$ Buying Pressure at USH Launch - A significant initial investment or liquidity injection into HTM at the launch of the USH stablecoin, which could boost the token's price due to increased demand.
2. USH Staking Module Continuously Inject Rewards Directly in HTM - The staking module for USH will distribute rewards in HTM, thereby creating a continuous demand for HTM tokens as users stake to earn these rewards.
3. Boost Directly with HTM LP Tokens - By allowing users to boost their rewards using HTM liquidity provider (LP) tokens, this creates additional utility for HTM, encouraging users to hold and use HTM in liquidity pools, thus increasing its circulation and demand.
4. HTM Needed for Boosting USH Yield - For users to enhance their yield on USH, they need to use HTM, which directly ties the utility of HTM to the performance of USH, potentially driving up demand for HTM.
5. Revenue from Minting USH Will be Used to Buy HTM - The revenue generated from minting USH will be used to purchase HTM, creating a buying pressure mechanism that supports the token's value by reducing the circulating supply through buybacks.
6. Boost with HTM More, Earn More - This factor incentivizes users to stake more HTM to earn higher rewards, promoting a cycle where holding more HTM leads to more earnings, which in turn could drive up the token's value.
7. Claim Rewards Exclusively in HTM - All rewards from the mentioned mechanisms will be claimed in HTM, ensuring that the token remains central to the ecosystem's reward system, which increases its utility and demand.
Don't sleep on this.
HTMUSDC trade ideas
Hatom (HTM) - Promising small-cap crypto for yield in DeFiHatom (HTM) shows notable strength in the daily chart after breaking out from the 30-day exponential moving average (1D 30EMA) on August 19. What acted as a strong resistance from March to August (testing twice in the meantime) can now become strong price support moving forward - currently at ~$0.89 (the 30EMA).
The daily RSI also displays a strong uptrending momentum, at 62.77 by post time.
Fundamentally speaking, Hatom Protocol is one of the most solid and promising DeFi protocols I have found and experienced using in crypto. Hatom Labs, the core developer, is setting solid new standards by the way they do business (multiple tests, plenty of security audits, no rush to launch or make announcements, not trying to induce FOMO with marketing gimmicks, etc.)
They have recently made the 9th protocol update after one year of launch and this is another aspect I like about the project: Hatom Lab's communication strategy - clear of noise.
They reserve their comms for relevant announcements only, as security is their north star.
The recent announcement (which can be found on X @HatomProtocol) revealed some really exciting features ahead for yield farming/generation through liquidity, lending, and booster operations.
They are also launching a decentralized overcollateralized stablecoin called USH to compete with Sky's (formerly MakerDAO) DAI. Which, in my opinion, is very much needed and appreciated. We need more of these solid decentralized stablecoins around.
I'm invested in HTM for the mid- to long-term, but I also think that, right now, the token offers a good long opportunity, so I'm also longing it for the short-term, eyeing the ATH at a first target.
It's important to note that Hatom is a small-cap crypto, so beware of all the risks that come with this kind of asset.
It runs on the MultiversX (EGLD) chain, but are also planning to expand to other chains.
Can buy via the xExchange DEX and long on AshPerp.