$FET
-1.77%
$AGIX
-1.56%
$RENDR $INJ
-2.6%
$SUI
-1.01%
$SEI
-0.12%
$TIA
-4.86%
The majority of you guys are in low-cap on-chain gems. Totally fair as high R/R is where u want to be, especially if your PF size is not big yet. However, I remember the start of the 'early bull' where we saw CEX coins making multiple x's before the trend moved to on-chain. In the beginning it were mostly AI-driven coins like $FET $AGIX $RENDR, but also $INJ etc. Followed by the newly launched coins like $SUI $SEI and $TIA. (Personally, I am bullish on particularly $SUI despite all the unlocks.) All these coins have been in a downtrend since March and currently right at previous resistance before the outbreak, which is acting as support now. $INJ is a good example, with outbreak > parabolic move > now sitting at support bot on USD and BTC pait, which acted as resistance before the parabolic move. $INJ particularly has almost no inflation and tends to be deflationary with burns. The charts look def tempting here with good R/R and clear invalidation point. However, based on TVL / volume on their chain / revenue etc, there is no clear catalyst to support a potential pump. The first pump was argued to be VC / MMs driven back in the days. Nevertheless, might be worth the bet.
From X

Disclaimer: The above content reflects only the author's opinion and does not represent any stance of CoinNX, nor does it constitute any investment advice related to CoinNX.