PRO_SMART_Trader

Bloktopia Metaverse ;Huge Potential? (BLOK/USDT analysis)📉📈

Long
KUCOIN:BLOKUSDT   Bloktopia / Tether
Hello Crypto community Welcome to my new introduction for another high potential project.


💹Rank #243--- polygon
Market Cap :$ $449,257,132 --------- Fully Diluted Market Cap:$10,775,226,385( it means the marketcap value if max supply released at this price )
Max Supply: 200,000,000,000
Circulating Supply:8.34B BLOK 4% ❗🚫risky

-The initial supply at listing was 2.04 billion BLOK
(Early adopters (3.29%)- Seed round (4%)- Private round 1 (4.15%)--Private round 2 (6.16%)-Public sale (1.4%)-Advisors (7%)
Team (15%): Unlocked in month 12, linearly released in 12 months--Treasury (33%): Unlocked as needed
Staking (25%): Rewards given from launch--Exchange liquidity (1%): unlocked on TGE.)

💹TOP HOLDER( of 100% supply):
#1: 31.579% #2: 24.95% #3: 15.94% #4: 15%
#5: 7 % #6: 2% #7: 1%
❗🚫risky

❇️What Is loktopia (BLOK) ?

Bloktopia is a decentralized metaverse backed by and built on Polygon. In Bloktopia, a decentralized virtual reality skyscraper made up of 21 levels (as recognition to 21 million Bitcoin) acts as a central hub for users to have access to crypto information and immersive content in one place. The so-called Bloktopias can educate themselves in the basics or more advanced crypto learnings, earn revenue by owning virtual real estate, play games, build networks and more. Moreover, advertisers and sponsors can monetize the platform’s userbase through a dedicated NFT mechanism. By providing a VR experience for the crypto community, users can engage in an immersive environment according to Bloktopia’s four core pillars: learn, earn, play and create.


sources: coinmarketcap-bloktopia
------------------------------------------------------------------------
📈📉 TECHNICAL
As you can see on the daily timeframe for BLOKUSDT , It is trading about $0.0538 right now.

Although it is currently trading in the volume gap, it can not be said with certainty that it will rise from this range and it is possible that it go more down to green support areas, but its good entery level for 1 step at this price with a long-term view , and Lower support areas as next steps. If it can break up through the red resistance range with enough volume, if there is no any new supply , it will easily reach the price targets , because it has no resistance . But in this case, it will fall with any heavy supply. So although it has great potential for growth, you have to be careful about the new supply because it can cause prices to fall.
🛑resistance level: $0.08- $ 0.09
❇️support level: $0.03 , ( $0.01-$0.017)
--------------------------------------------------------------------------------------------------------------------
tips:
💥(Note that most of my analysis on the weekly timeframe basis is more suitable for long-term investment rather than short-term trading.)
🔰(Anyway, I highly recommend novice traders and investors to consider risk management and buying in a few steps) .
✳️(also Following security measures is vital in cryptocurrency trading. Always remember that $100 worth of a token may become a fortune someday. So treat every penny with respect.)
--------------------------------------------------------------------------------------------------------------------
👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
💜 if you're a fan of my analyses PLZ follow me ,give a big thumbs 👍 and drop comment 🗯💭
🙏with Best Regards

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.