An exchange is launching perpetual contracts for NKE, LULU, and ACN stocks today.
I usually assess project updates on three levels:
1) Substance: Is this tangible progress, or just an announcement?
2) Supply: Will more tokens be released, increasing the circulating supply?
3) Usage: Will active addresses improve afterward?
$ACN . This is a plus, but it’s rare for a project to pass all three checks.
The hotter the news, the more important it is to see which way the money is flowing.
#ACN
This content does not constitute investment advice or a recommendation to buy or sell.
I usually assess project updates on three levels:
1) Substance: Is this tangible progress, or just an announcement?
2) Supply: Will more tokens be released, increasing the circulating supply?
3) Usage: Will active addresses improve afterward?
$ACN . This is a plus, but it’s rare for a project to pass all three checks.
The hotter the news, the more important it is to see which way the money is flowing.
#ACN
This content does not constitute investment advice or a recommendation to buy or sell.