FUNDAMENTALS:
DCR released its PRIVACY recently: twitter.com/decredpr.../1166746979160023046
Which is major news, it means that ZCash and Monero have a new competitor now.
But unlike Monero/ZCash, DCR also has proper decentralized stakeholder-ran governance.
They are using the stakeholder governance to elect a Market Maker now which could solve their liquidity problems.
TECHNICALS
What we've been waiting for a long time finally happened: the breakthrough the downward channel on Binance DCR/BTC chart.
This signals a possible reversal of long term trend. Please see my other chart (related idea) to see where I think it could be headed
Decred is a top 5 cryptocurrency so this is a major information asymmetry, to be holding it now. The market is massively underpricing it
DCR released its PRIVACY recently: twitter.com/decredpr.../1166746979160023046
Which is major news, it means that ZCash and Monero have a new competitor now.
But unlike Monero/ZCash, DCR also has proper decentralized stakeholder-ran governance.
They are using the stakeholder governance to elect a Market Maker now which could solve their liquidity problems.
TECHNICALS
What we've been waiting for a long time finally happened: the breakthrough the downward channel on Binance DCR/BTC chart.
This signals a possible reversal of long term trend. Please see my other chart (related idea) to see where I think it could be headed
Decred is a top 5 cryptocurrency so this is a major information asymmetry, to be holding it now. The market is massively underpricing it