AI
Tuesday, May 10, 2022 7:18:44 PM
RBL takes a top holder position in MESK
MESK will release its renewed whitepaper and beta dApp in Q2-2022.
With the broader crypto markets down, we think MESK has now hit the bottom.
Considering its high liquidity and a 3.7x baseline, the investment risk is rather low.
In our opinion the chart is also very misleading, because MESK has a great and large dev team, strong community and they have been building.
The chart does tell us one thing:
MESK was one of the first SD projects that launched in February. At that time, SD tokens were on hype mode, because SD technology was only just released to the public. You can clearly see the green candle chasers in the first phase after launch and while MESK is building tech, most slowly sold off their holdings securing some profits.
We see the same with our early Divvy investment. While devs are building great tech, people get impatience and move on to make profits elsewhere. So we think we got in MESK at a bargon now really with great things coming!
MESK will release its renewed whitepaper and beta dApp in Q2-2022.
With the broader crypto markets down, we think MESK has now hit the bottom.
Considering its high liquidity and a 3.7x baseline, the investment risk is rather low.
In our opinion the chart is also very misleading, because MESK has a great and large dev team, strong community and they have been building.
The chart does tell us one thing:
MESK was one of the first SD projects that launched in February. At that time, SD tokens were on hype mode, because SD technology was only just released to the public. You can clearly see the green candle chasers in the first phase after launch and while MESK is building tech, most slowly sold off their holdings securing some profits.
We see the same with our early Divvy investment. While devs are building great tech, people get impatience and move on to make profits elsewhere. So we think we got in MESK at a bargon now really with great things coming!
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