$CHIP is currently the second-biggest gainer. I took a quick look at potential price targets for a long position.
I’m looking at this because it has clearly broken out of a triangle pattern—an exceptionally clear chart pattern. The odds of further gains may be higher.
Fundamentals: A three-part narrative combining AI, RWA, and DePIN; only 20% of the supply is circulating, so the small market cap makes it easier for funds to drive the price up. It is backed by firms such as Framework Ventures and Coinbase Ventures, and its initial loan volume reached $100 million, so it’s not just vaporware.
I’m looking at this because it has clearly broken out of a triangle pattern—an exceptionally clear chart pattern. The odds of further gains may be higher.
Fundamentals: A three-part narrative combining AI, RWA, and DePIN; only 20% of the supply is circulating, so the small market cap makes it easier for funds to drive the price up. It is backed by firms such as Framework Ventures and Coinbase Ventures, and its initial loan volume reached $100 million, so it’s not just vaporware.