IT IS KANGAROO JUMPING - NEITHER BULL RUN NOR BEAR ERA

By Dipendra | DIPENDRA RATHORE | 17 Jul 2020


HELLO BROTHERS

Almost two months Crypto market and Bitcoin jumping like kangaroo but what i think who know more about crypto and following chart are taking too much PROFIT 

Because altcoins season is going VERY well

LET'S JUMP INTO DEEP ANALYSIS

° What is kangaroo jump in crypto market

 

A kangaroo market refers to a market environment where any COIN's TOKEN'S price move up an down over a specific price range or period without any solid direction 

 

  •  DeFi-related assets displayed substantial price returns, as best illustrated by LEND and BNT. The launch of COMP, the governance token of compound brought comp to the top 30 of CoinMarketCap.
  • And we talk about top 10 coin or token according to the coinmarketcap Except Cardano (ADA), most other large-cap assets displayed lower than average quarterly performance amidst low volumes while cardano give alomost 174% return in Q2 yet cardano total volume increase of only +44%).
  • DeFi also had a significant growth again! In the USD amount of assets locked in DeFi protocols jumped 5X during Q2, from USD ~130m to USD ~550m. (Most part of assets locked in belong to COMP)

Important

  • Meqnwhile trading volumes being slightly lower in QUARTER 2 2020 than in QUARTER 1, 
  • WHILE MANY TOKEN REMAIN ON BOTTOM Which belong to top 50 according to CMC

 

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Dipendra
Dipendra

I am learning everything what make me good in health & wealth


DIPENDRA RATHORE
DIPENDRA RATHORE

I am learning reading writing crypto, market, For Hobby and wealth

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