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We have witnessed the commencement of the 2024 bull run and observed the introduction of new projects to the market.
Key industry players such as Binance recently issued a report encouraging small and mid cap projects to participate in their well-structured listing program.
The goal of this program is to foster the natural growth of emerging blockchain projects. Their research indicates that tokens launched in 2024 exhibit the lowest capitalization to FDV ratios in the past 3 years. This has hindered retail traders from effectively trading these tokens, primarily due to their low circulating supply.
Senior crypto research analyst at Bitwise, Juan Leon, underlined the enormous importance of the AI-crypto synergy. Over the next ten years, he suggested that the combined impact of these sectors could drive the global GDP to previously unheard-of levels. This forecast highlights the potential of these technologies and implies the significant social and economic effects of their integration.
Their selection criteria encompass:
Considering the ongoing market trend, let’s delve into the Picasso token. We recently covered its pivot to the Solana ecosystem and its presence on decentralized platforms like Osmosis and Jupiter. Furthermore, it has already been enlisted on three centralized exchanges: Gate.io, BingX, and Coin Ex!
These factors position it as an attractive investment opportunity, having satisfied listing prerequisites and showcasing a strong fundamental use case.
Time to explore Picasso and engage with it.
While conducting your research (#DYOR) and recognizing this is not a financial advice (#NFA), here’s my approach:
I see it potentially lingering at a support level, primed for a bull run ignition. At a mere $0.001704 per coin (based on CoinMarketCap at the time of writing this article at 13:40 on 27 June 2024), it presents itself as a potential opportunity. With a mindset of participating with only what I can afford to lose (high risk/high reward scenario), I’ve opted to acquire some $PICA.
Time is ticking, and the price is anticipated to revisit its previous all-time high of $0.024.
It’s time.. For PICA
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