Hello family, I hope you have an amazing day today. This time I bring an analysis and an update of the movements in Presearch. The price is above the bullish trend line. Presearch currently has more than 1.5 million registered users and more than 300,000 monthly users who currently perform around 10 million searches per month. Presearch is still a great project later I will show you a graph in which it shows how Presearch enters the TOP-15 Gainers price change in 2020. The future of Presearch is still optimistic, at the time of writing this 1 Token of Presearch has a value from 0.0000017950 sats. What I like about Presearch is that you don't necessarily have to buy tokens with your own money, just browse with the Presearch extension or recommend it to a friend.
I think one of the factors of Presearch's success so far is that it is a project that almost anyone can use, everyone is looking for, and it is very easy to get started.
Presearch is trying to bring crypto to the masses and serve as a gateway to cryptocurrency and decentralization in general.
This is a great opportunity and we are fortunate to be here as Presearch ultimate target audience is anyone who wants to make sure the web stays open and free and not dominated by a single company.
This provides potential for hundreds of millions of users, almost all crypto projects as potential advertisers and partners, and ultimately millions of sellers looking for better, cheaper, and more effective ways to reach people with a message.
This is the classic example of CHEAP purchase to sell expensive, as you can see in the chart the bulls do not allow the passage of the bears both in the support level of 0.0000011672 sats and 0.0000017950 sats.
The Presearch foundation currently has over 50 million PRE tokens wagered, and more projects are being signed up to sponsor keywords every day!
Recently, Salt Lending, and what is this platform called? whether Publish0x 😊 and ThreeFold.io bought PRE tokens to run ad campaigns, for example, on their own.
They use Presearch themselves or have heard of users using Presearch who wanted to communicate with them, so they needed to buy PRE.
Therefore, the following days will be very important for Presearch, because days ago the H&S pattern was created, this will cause bearish movements, so if the sellers manage to cross below the current support line, the price of PRE will continue to drop, finding a break. at 0.0000011672 sats.
In another scenario, PRE token will feature big bullish moves, the price has not left the symmetric triangle area, if it stays within this area at the end it can cause large bullish movements in PRE but in the market nothing is certain, for example today the price of PRE fell by 9%. However this is a great short and long term project, let's take a look at the PRESEARCH market cap at $ 2,751,735, in BTC 301.72937321 BTC, and in ETH there are only 11,808 ETH.
If we compare it to the token that the BRAVE browser gives its users (BAT) and I already know Brave & Presearch are not the same although they smell the same they are not the same 🤣 (Presearch is a Search engine, while Brave is a Browser They don't have a search engine but there are a lot of Brave users who use Presearch, some people get confused because they also have a rewarded ad platform.) BAT has a total market capitalization of:
$ 369,790,635 USD
40,550 BTC
1,585,202 ETH
The volume every 24 hours is $ 130,837,804 USD, 14,347 BTC, 560,870 ETH. If we compare the volume of 24 hours them it is much larger than the total capitalization in the Presearch market, PRE is still very small. Brave grew thanks to his community and Presearch grows also thanks to his community. Brave for example exceeds 15 million monthly users and more than 5,000,000 use it every day. Compared to PRE as mentioned before with over 1.5 million registered users and over 300,000 monthly users.
The PRE market is still very small, so just register and start using presearch or recommending PRE to the awkward aunt, or buy some ETH with fiat money and invest in the long term of PRESEARCH to make a difference. But it only depends on the community that this grows this will favor many people in terms of privacy.
But remember as I mentioned in a previous post, do not invest more than 2 or 3% of your portfolio in tokens similar to PRESEARCH, also you cannot invest money that you are not willing to lose. So the easiest way to acquire PRE tokens is by registering and using it as your fixed browser or talking to someone else like i am doing with you. I don't leave you a link because you are part of my family and this is just a conversation between you and me. I don't try to sneak you a referral link. I just try to create a healthy debate so we can learn something new every day.
Thanks for reading have a great day 🤗
