So i found something odd or at least odd to me.
I was searching in the low to mid cap coins for an opportunity to buy something extremely low on discount.
I found aurora chain. It met the parameters i was looking for which were as follows:
7 day price action % DOWN (25% or more)
24 Hour Price Action % UP (5-10% or less)
Market Cap between 15 and 40 million
24 hour daily trading volume to be signigicantly higher than other coins around the same market cap.
I couldn't find any information on Aurora Chain's website that linked anything about being an Ethereum Virtual Machine (EVM)
I even tried to download the whitepaper from their site and the download read "failed no file" .
Most of the articles dating back even to 2018 were lack luster and lots of fud and disbelief in the project and lots of discouraging talk around the community behind the project and the marketing/enthusiast back ground vs a grounded in the more technical side of a successful DEV team.
My first thought is that they were taking the "rome wasn't built in one day" mentality and a few years after launch and people forget.....boom.
The socials for Aurora Chain haven't been super active. I was eventually able to find the white paper via google on whitepaperdatabase.com and it did specifically mention being EVM compatible. So i'm honestly buggered with the question. two coins same name. similar purpose....whats the link? Maybe there isn't one and the traffic we're seeing come into this project is an unexpected result of people buying the name "AURORA" instead of doing the due diligence to figure out that this Aurora is not the same aurora that is partnered with near as far as my research can tell.
On a technical analysis level on the charts though in this video. I break down how (even without knowing or understanding any of the fundamentals going into play behind the scenes) How you could have picked up on the signals of whale accumulation at the right price point. which was totally virtue signaling for a strong bullish rally to the upside.
The markets are sentiment driven.
Sentiment = DEMAND OR LACK OF
Price is a direct result of Demand VS SUPPLY
Market cap is only a byproduct of the demand and supply and momentum.
IF the demand is high due to sentiment
market cap will follow. as will price action.
There seems to be some underlying demand for this coin. To be seen . a pending 20x would not suprise me.
WIll be monitoring this project (BOTH AURORA and AURORA) very closely in 2022
Keep Stacking It
NOT FINANCIAL ADVICE. ENTERTAINMENT.
THANK YOU
-Kevin
I was searching in the low to mid cap coins for an opportunity to buy something extremely low on discount.
I found aurora chain. It met the parameters i was looking for which were as follows:
7 day price action % DOWN (25% or more)
24 Hour Price Action % UP (5-10% or less)
Market Cap between 15 and 40 million
24 hour daily trading volume to be signigicantly higher than other coins around the same market cap.
I couldn't find any information on Aurora Chain's website that linked anything about being an Ethereum Virtual Machine (EVM)
I even tried to download the whitepaper from their site and the download read "failed no file" .
Most of the articles dating back even to 2018 were lack luster and lots of fud and disbelief in the project and lots of discouraging talk around the community behind the project and the marketing/enthusiast back ground vs a grounded in the more technical side of a successful DEV team.
My first thought is that they were taking the "rome wasn't built in one day" mentality and a few years after launch and people forget.....boom.
The socials for Aurora Chain haven't been super active. I was eventually able to find the white paper via google on whitepaperdatabase.com and it did specifically mention being EVM compatible. So i'm honestly buggered with the question. two coins same name. similar purpose....whats the link? Maybe there isn't one and the traffic we're seeing come into this project is an unexpected result of people buying the name "AURORA" instead of doing the due diligence to figure out that this Aurora is not the same aurora that is partnered with near as far as my research can tell.
On a technical analysis level on the charts though in this video. I break down how (even without knowing or understanding any of the fundamentals going into play behind the scenes) How you could have picked up on the signals of whale accumulation at the right price point. which was totally virtue signaling for a strong bullish rally to the upside.
The markets are sentiment driven.
Sentiment = DEMAND OR LACK OF
Price is a direct result of Demand VS SUPPLY
Market cap is only a byproduct of the demand and supply and momentum.
IF the demand is high due to sentiment
market cap will follow. as will price action.
There seems to be some underlying demand for this coin. To be seen . a pending 20x would not suprise me.
WIll be monitoring this project (BOTH AURORA and AURORA) very closely in 2022
Keep Stacking It
NOT FINANCIAL ADVICE. ENTERTAINMENT.
THANK YOU
-Kevin