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i think it's mostly because of all the automated features it has for crypto traders, like "price bots" and "buy bots" to show market activity. plus it's international, not regional, so if teams want to reach across the globe it's very easy.
the project lead's name is ian, and he's posting to the FOOK telegram most days.
https://t.me/FOOKTokenOfficial
i know time is limited, but if you feel up to dropping by some time, it's definitely worth it to follow their progress.
what i gather is we're a week or two away from:
- FOOKF launch (5% rewards in BTC.b, a brand new AVAX chain BTC)
- app launch (purchases, tracking price/volume, forecasting rewards)
- staking features (this is passive, so there's no need to lock tokens) and this includes FOOKZ which will get some rewards.
i'm sure i've missed a few items but that's a summary.
marketing (including international) is due to start after that list is complete. i'm sure there will be a push to get us listed on a centralized exchange. then the development that could really ramp volume is FOOK music, due to start in 2023, although there may be teasers from this in advance.
imagine if we can 10X and eventually 100X the volume.
i have to admit, i am shocked to see the mainstream players finding AVAX, even though we knew all along the potential was there. here's to a fun ride north.
i feel the same, SHIB's 10X moves are probably behind it, i'd be glad to get a 5X. AVAX on the other hand feels like the biggest moves are ahead. especially considering how AVAX is featured in the biggest financial media now. wall st obviously bought the dip.
CNBC is now writing articles about Avalanche subnets!
Looking forward to seeing Subnets help enterprises and institutions leverage blockchain technology on #Avalanche .https://t.co/vOOUV4vVSU https://t.co/7H2SmZeEuZ
— John Wu 🔺 (@John1wu) August 15, 2022
Burnit #BRN now featured by Avaxholic on Twitter:
UPCOMING NFT COLLECTIONS DROP ON AVALANCHE
— Avaxholic 🔺 (@avaxholic) August 16, 2022
To help users follow the NFT #mint schedule on #Avalanche, we have compiled the list of potential projects in the graphic below.
👀 Which projects are you paying the most attention to?#AvaxholicInsights #MintingSoon #NFTCommunity pic.twitter.com/FPPmchGHG1
that's how i was hoping the vote would go, very glad to hear it! having a node providing income to all Burnit holders will be a huge factor in both bear and bull markets.
congrats, Mask. glad you got a nice position there.
people on telegram used to mention the "ihub effect" because you and me and mask were in each chat, very vocal, we were trading actively and others saw that volume. it was a bullish vibe.
now that's not happening anymore and it shows in how lifeless these relaunched SD tokens have become.
rent free.
not everyone will be cheering this: the ultimate centralization has arrived!
BlackRock Bitcoin fund launch sends BTC price towards $25K
The announcement is the "most bullish news" ever for long-term hodlers, one analyst argues as Barry Silbert heralds the arrival of Wall Street.
https://cointelegraph.com/news/blackrock-bitcoin-fund-launch-sends-btc-price-towards-25k?utm_source=Telegram&utm_medium=social
yeah, feels like AVAX promo will soon be in full swing. even so, i took some profits earlier this morning after AVAX failed to make a higher high.
if BTC lags, we might get a dip back into 25 to 26 area (yellow) before AVAX's next big move north.
any really bearish developments might put AVAX close to $21, but odds of that are really slim imo.
grayscale now touting avalanche.
Take a deeper dive into Avalanche with us this Thursday!
— Grayscale (@Grayscale) August 9, 2022
Our Head of Investor Relations @Ray_scale hosts @societalruin and @MorganKrupetsky from @avalabsofficial to help us understand the platform and its various use cases.
Register now: https://t.co/dSwFV96ibB #Avalanche $AVAX pic.twitter.com/D2fNfEsA7O
avalanche transactions have been setting new records daily as more projects launch on the chain and competitors lose traffic.
#Avalanche transaction count exceeded 1.5m today, higher than Ethereum+two biggest L2s combined. Try Core Wallet, it supports multiple chains and is a joy to use. https://t.co/Zve6wpZFeI
— egs9000🔺 (@el33th4xor) August 10, 2022
FUD/AVAX went live, listed on Trader Joe.
https://traderjoexyz.com/trade#/
contract:
https://snowtrace.io/token/0x80363cc2caa2545554d155031e47049ee2f98f33#balances
chart:
https://www.dextools.io/app/avalanche/pair-explorer/0x3e7f1923ddb73a05ca84721b92104a0dffff4005
telegram: https://t.me/joinfud
here's the 5 min view:
AVAX bouncing off this trendline and failing to make a higher high is short term bearish. i'm glad i closed most of my leveraged long earlier above $29. see 15 min and 4 hr charts below.
here's our telegram chat: https://t.me/AvalancheTokens
Burnit #BRN is proposing a reallocation of tax to fund an AVAX node, for ongoing passive income that goes directly to holders.
https://snapshot.org/#/burnitproject.eth/proposal/0x8c1c371e9fd955a14a765b72478a3150844a87ec1bc93f18949706e52dc490ec
Burnit #BRN minting is going well. tier 1 and 2 are sold and now $4 USDC tier 3 is up.
https://burnitproject.com/mint/
FOOKZ (FOOKzero) presale coming up:
FOOK Zero Presale starts August 13, 4pm UTC!
— FOOKtoken 🔺 (@FookToken) August 10, 2022
The FOOK Ecosystem 0% Buy / Sell Tax Token. Perfect for the day trader!
Get your $AVAX ready and join the presale at:https://t.co/sILV6rtVed
1 AVAX = 160 FOOKZ | 30 AVAX Max Buy#FOOKZ #AVAX #presales #FOOK pic.twitter.com/fjrH3pdCOT
FOOKZ (FOOKzero) presale coming up:
FOOK Zero Presale starts August 13, 4pm UTC!
— FOOKtoken 🔺 (@FookToken) August 10, 2022
The FOOK Ecosystem 0% Buy / Sell Tax Token. Perfect for the day trader!
Get your $AVAX ready and join the presale at:https://t.co/sILV6rtVed
1 AVAX = 160 FOOKZ | 30 AVAX Max Buy#FOOKZ #AVAX #presales #FOOK pic.twitter.com/fjrH3pdCOT
SOL and AVAX feel like the fiercest competition for ETH and solana's had numerous outages, other security issues, while avalanche has maintained a solid record.
if AVAX had the same market cap as ETH does now, it'd be priced at $716.
https://coinmarketcap.com
and we're digging our way out of a bear market, with plenty of upside for AVAX and its peers.
so i'll bet your upper end predictions are in the cards.
that's just my wild guess!
BurnIt #BRN/AVAX chart -- churning past sellers toward higher ground.
BRN/USD price 0.1649
https://www.dextools.io/app/avalanche/pair-explorer/0x2f2ac0b0de45af118e97f73b2ca9bd65b06e0894
when we do leveraged AVAX trades on GMX we're playing predictable swings on the chart (within an ascending channel usually) and when the trade is closed we get paid out in AVAX.
https://app.gmx.io/#/trade
so the result is growing our AVAX positions while it moves up, more than if we just held AVAX alone.
DexTools has a ranking system where they award a token points based on things like the degree of tranparency (links to social sites, blockchain, website, etc) on their page, also the size of the liquidity pool, and if people upvote the token that also improves the score. It's a lot like OTCMarkets.com
how many NFTs are minted now? something like 1,600 of 10K last I saw, so in addition to trading volume based rewards, BRN could generate many multiples additional USDC on this single phase of utilities.
nice to see you here, MagicMajan -- absolutely agree on BRN, the team is working fast and with high standards, so it's a rare combo.
AVAX running right now is perfect timing, too. glad BurrnIt's launch happened prior to the bounce.
same here, AVAX has been acting like some major fundamentals are brewing. maybe it's a few corporate clients or something. then again it's flat out cheap down here, so a bounce had to happen eventually.
i'm liking FOOK and BurnIt (BRN) and hold a few other former SD plays that relaunched on AVAX chain.
while i wait for them to start marketing, and building a wider following, i've been trading AVAX on GMX.
https://app.gmx.io/#/trade
this is not for the timid. i've had my head handed to me a few times. but "less is more" is the best approach.
i'm slowly learning to tame the leverage beast. lol