Analysis of the cryptocurrency "TINC" - by @solistyle2 - 04/23/2022 - DeFi

How about friends of leofinance? How's everybody? today I want to tell you about a DeFi cryptocurrency that has caught my attention, but in this case it has not caught my attention because it is a good time to invest friends, the annual performance that this cryptocurrency has had in PANCAKESWAP, later I will comment on the APY generated by the "TINC" cryptocurrency, as I have always been writing and perhaps many of you already know my blog and what I like to write about, I like to bring you cryptocurrencies that their value is below of the dollar, this time I will bring a cryptocurrency whose value is higher than the dollar, its current value at the time of writing this article the value of the "TINC" cryptocurrency is $1.69 dear readers of HIVE and the leofinance community, today I want you to read this article because if you want to invest in PANCAKESWAP in some DeFi cryptocurrency, today I bring you a currency that does not seem like a good investment idea to me, friends, why? Because I have analyzed the graph on CoinMarketCap and I see that the current price is very high, that is, its historical maximum is very close to its current price, let's go on to observe the CoinMarketCap graph.

The chart you see is a screenshot taken from CoinMarketCap.

The graph you see on the screen is a 1-month graph, by this I mean that right now the "TINC" cryptocurrency is at its all-time high, well, not at its all-time high as such, it is very close to its historical maximum, I cannot guarantee that this cryptocurrency will continue to rise friends, I simply do not see much potential to invest in this cryptocurrency dear friends of HIVE and of the entire great community of leofinance, if you want to invest I advise you to only put $50 - $100 yes you have the possibility to do it and you have some money left over, I advise you to do it, but honestly I would not invest more than $100 dollars if I had something in METAMASK, but it is your decision, now let's look at a CoinmarketCap chart.

The chart you see is a screenshot taken from CoinMarketCap.

As you can see the graph, this is its historical minimum in a year, friends of leofinance and HIVE, why do I not recommend investing in this cryptocurrency? I simply do not recommend much investing in this cryptocurrency because, as I have been saying in all my publications, I always like to get cryptocurrencies whose value is less than $1 or even less than $0.10 cents, but I must mention that it has called me a lot pay attention to this cryptocurrency because honestly I was reviewing the EXCHANGE PANCAKESWAP and the APY generated if we provide liquidity to PANCAKESWAP called me too much, we will go on to observe a screenshot of PANCAKESWAP to explain some things about why I am very intrigued to invest in this cryptocurrency, although I must mention that if this cryptocurrency rises at least 40% in a year, with the APY generated in PANCAKESWAP it can be a good investment in the long term, I will explain why after seeing this screenshot taken from PANCAKESWAP, let's see friends.

The chart you see is a screenshot taken from PANCAKESWAP.

As you can see in the screenshot the APR of this cryptocurrency is currently 194% at the time of writing this post dear friends of leofinance and this is where I want to mention something very important, why do I say that it is something very important? Dear decentralized investors, this currency has a current price of $1.68 US dollars and let's say that in just one year this cryptocurrency will rise to $4.20 US dollars and with the APR that PANCAKESWAP gives us we can be making a good investment, on the other hand I must mention that if this cryptocurrency drops to less than $1 US dollar we would be losing money friends, something that we have to take into account if we want to invest in this cryptocurrency, I absolutely do not recommend investing in this currency as I have said before this cryptocurrency is very close to its all-time high, it is extremely close to its all-time high.

If you want to invest in this cryptocurrency, I do not recommend investing more than $50 US dollars dear friends of HIVE, be very careful with your income in cryptocurrencies and I really do not recommend much investing in this cryptocurrency, but every decentralized investor can do what they want with your money, until next time, see you in the next entry.

Kolus290.

Posted Using LeoFinance Beta