l’m not exactly a TA-specialist. But it looks like $RFUEL found a bottom. Selling pressure becomes less every day and every hour.

$OM $DOT $ETH #DeFi

We must keep in mind that further drops are always possible as long as unlocks of private sale and staking rewards are coming regularly every month.

The same time we must decide: should we go for a shortterm play or run the longterm road.

For me I decided to take the longterm approach. The roadmap of @riodefiofficial is packed with milestones to be achieved. In my view it’s layer 1 project build on layer 0 which is $DOT.

Compared to other layer 1 solutions like $EOS, $ETH the MC of ~15 M is just ridiculously low

@riodefiofficial themselves identified @cryptocom as a main competitor. They’re building a better fiat gateway, a debit card might be at the horizon too.

Sure @cryptocom is already established. There’s a long way to go for @riodefiofficial to reach similar heights. But they have the better tec due to $DOT, they have the right on- and off-chain connections and they can marketing. The hype around the sale rounds proved it.

@CryptoTom88 outlined it nicely with his graphic below.

1 Bn MC like the current of $CRO isn‘t impossible for $RFUEL to achieve. Even with full supply unlocked it would set it at 1 USD. That’s about 6x from here.

$RFUEL full supply won’t be in circulation until 2026. Even in 2022 there won’t be more than 370 M. A MC of 1 bn would set $RFUEL price at ~2.7 USD by then. That’s 18x from here!

So while you guys are panic selling your tokens I‘ll happily buy them off. Thanks for you support for my wealth accumulation.