/biz/ - Business & Finance

mini pegged

Absolutely blowed out. I saw other people shilling this, but something that has already done a 3x and is declining doesn't look like a good buy imo

>>26688669
Good play anon now just wait for the the ceo to do his talk and we'll be 5/10 times

>>26689010
yea if you bought the dip. but market cap is small and potential should be huge

>>26688669
Just did the exact same thing a few minutes ago. Comfy hold.

>>26690540
good luck fren

>>26689010
>I saw other people shilling this,

The shilling volume is very small compared to shit like Rubic, BAO, RIGEL and other flavors of the month. Reef is a legit project, partnered with chainlink and Binance, already listed on big exchanges. It has managed to accoomulate millions of venture capital.

I'm waiting for the Binance Blockchain Week as well. Feeling good.

>>26691213
I agree, but I also think it has a chance to be shilled more because of the reasons you mentioned. If not, fine, the market will still do it‘s thing

>>26691213

Yeah, it doesn't seem like a scam or anything; I just don't know if this is the best time to buy any shitcoin right now. With GME siphoning money off of the crypto market right now, we could just been in for an all around mini-crash.

I'm personally just sitting in stable coins and watching like 19 different shitcoins that look like they're about to moon.

>>26691610
>I just don't know if this is the best time to buy any shitcoin right now.
Most are expecting a pump during the Binance Blockchain Week. The CEO will have a keynote on February. The window of opportunity might be small.

>>26692060
*February 1

>>26691610
>19 different shitcoins
Can u post some?

>>26692262

gysr, glch, dsd, reef, and bao are all ones I'm watching.

I think bao still has quite a bit more to dump, but I think it will come back sometime in february. I wouldn't buy any of those right now though, just keep an eye on them and see where they go in the next day or two.

>>26688669
Nah I think this is a good hold. I'm going to get a few more stacks of it before the Binance event. The project looks interesting and it has a lot of investment and partnership from legit players. I try not to buy pump and dumps but this one looks like it has potential.
I really like all these DeFi projects coming up. I was an early holder of AAVE and it's gone crazy the last few months or so. I'm trying to buy into any of these that look viable because I think it's going to get huge this coming year. That and any backend tech for them look like really smart buy and holds right now.

>>26693333
Checked.
If this isn't proof that we're all gonna make it, I don't know what is.

>>26693333
Bullish digits. Moon mission confirmed.

Any AVAX Chads?

https://medium.com/reef-finance/reef-launching-support-for-avalanche-f0a6c8461792

I just bought a comfy sack of Reef

>>26693624
>>26694593
Kek just noticed the thread number too. Nice digits all around.

Seriously though, I think we're at the frontier where DeFi will start hitting mainstream adoption within the next 1-2 years. It's already starting to move this way and it's going to be massive as far as I can tell.

>>26695404

The biggest gainz I have made all year have been in DeFi projects. You can literally throw a dart into one and double your money in a few days.

thanks frens I feel good now

I want to believe but the total supply of 20bil is off putting.
I hold some nonetheless but even if this goes to 15 cents, it's already at 3bil mcap diluted. I need some hopium

Blockchain is rising now because of the defi segment, that's why I usually check new platforms. Not long ago, I found Baex(#baex), did you hear about it? That's a defi binary assets exchange with Yahoo Finance quotes source

>>26696329
total supply is 2.4B tokens?

>>26696329
Where did you get 20 bil? Circulating supply is maximum 3.4 billion and the diluted market cap is around $80 mill (max estimate)

>>26696329
>total supply of 20bil
u wot

>>26696706
>>26697053
>>26697158
https://medium.com/reef-finance/reef-tokenomics-announcement-e8d40fe1566

looks like shit.

>>26694735
This is exactly why I bought. Project is strong on its own, but knowing it can cooperate with all different chains is a huge win in my book.

>>26697639
Please elaborate.

>>26697487
https://docs.google.com/spreadsheets/d/e/2PACX-1vSiEyE7UhGg7pot9Vx1Hajdc68F4wX291vzNZaQImBEQvNHZZ-BrH0F9dSSO2b4z-EvjNoLHxkTFtZo/pubhtml#

>>26698163
What does this mean?

>>26697487
You're right, fully diluted supply is 20 billion, Current circulation is 20% which puts fully diluted valuation at around $400 mill?

Where can I buy it?

>>26698163
so by this time next year all 20bil will be released. There's some staking going on but I know very little about it. The circulating supply should 4x-5x in the next year judging by today's stats.

>>26698128
It's shaped like a golden poo poo.

>>26698372
$400 mill fully diluted valuation, meaning Reef's potential is priced in. Also up to 30% of the original supply was owned by VC's which explains the listing dump.

I'm still bullish on Reef, Aave and SNX prove that a $400 mill diluted valuation can easily turn into $4 billion if used.

>>26698548
Yep and most of this supply is VC's and early investors. So they are gonna create sell pressure probably, but if its a solid project on release its still gonna pump no matter what.

>>26691213
Rubic, BAO and the other flavours of the month were below 5M marketcap though. Reef's market cap is already over 50M.

>>26698770
Thanks. Gonna be hodling as well.

The main reason I'm bullish about Reef is because this is one of the only cryptos /biz/ is shilling without spamming the entire fucking board like BAO, Rigel, RBC, BUILD, etc. Mildly uncomfy hold since I swapped my UNI for it but whatever.

>>26699744
>The main reason I'm bullish about Reef is because this is one of the only cryptos /biz/ is shilling without spamming the entire fucking board like BAO, Rigel, RBC, BUILD, etc.
this

>>26700706
>>26699744
Exactly. /biz/ usually only shills shitcoins that are pumping. Reef's pump is still ahead of us.

>>26688669
get out after the Binance pump on the 1st

>>26701043
>still no memes
JUST

I am down 80% on this shit. I hope it fucking moons.

>>26688669
Hello frens it is i. Dont worry about the dip, GME fagging everything up.

holding 180k stack. feeling comfy. comfier when i bought transmute shit for 1.35 and then it dropped to 0.80 cents

>>26688669
i bought suicide stack anon, hope wagmi

>>26703419
name the suicide and make it stack