DUSK - Huge potential upside. Passive Income Generator.
DUSK has the potential to be a hidden gem that rallies to over $1 or higher. In the crypto world where there have already been many 10x or more coins this cycle, a lot of coins have already rallied in my opinion. While they could still rally to even higher highs, the chance to get in on SOL or AVAX or EGLD or ONE at low levels is past.
Enter DUSK.
This privacy based token is being developed in the Netherlands and seeks to be compliant with current laws and regulations. It is currently still a token, riding on the Ethereum blockchain, but their testnet is scheduled to launch on Feb 1st, 2022. Eventually their mainnet will launch. After that happens, DUSK will go from being a token to a COIN with it's own blockchain and it's use cases will go up significantly.
I believe it has the potential to more than 10x from here.
Passive Income opportunities:
Also, given that it currently paying out at a set 12% APR if you stake your DUSK tokens with them, I believe it to be a great long term holding. Another way to earn passive income with this token is with the Binance.com DUSK-USDT liquidity swap pool which is currently paying out 40%+ (note: the high payout is based upon currently trading activity, if the volatility goes down, then so will the fees earned by adding funds to this swap pool, make sure you understand how liquidity pools and AMMS work before investing).
Short term Trading opportunity:
If DUSK can make a new all time high, I believe it will rally up to just over .60 per coin before a pull back.
*NOT FINANCIAL ADVICE*
Links:
dusk.network/
dusk.network/uploads...nual_Report_2021.pdf
staking.dusk.network/
Enter DUSK.
This privacy based token is being developed in the Netherlands and seeks to be compliant with current laws and regulations. It is currently still a token, riding on the Ethereum blockchain, but their testnet is scheduled to launch on Feb 1st, 2022. Eventually their mainnet will launch. After that happens, DUSK will go from being a token to a COIN with it's own blockchain and it's use cases will go up significantly.
I believe it has the potential to more than 10x from here.
Passive Income opportunities:
Also, given that it currently paying out at a set 12% APR if you stake your DUSK tokens with them, I believe it to be a great long term holding. Another way to earn passive income with this token is with the Binance.com DUSK-USDT liquidity swap pool which is currently paying out 40%+ (note: the high payout is based upon currently trading activity, if the volatility goes down, then so will the fees earned by adding funds to this swap pool, make sure you understand how liquidity pools and AMMS work before investing).
Short term Trading opportunity:
If DUSK can make a new all time high, I believe it will rally up to just over .60 per coin before a pull back.
*NOT FINANCIAL ADVICE*
Links:
dusk.network/
dusk.network/uploads...nual_Report_2021.pdf
staking.dusk.network/