How are you all, I hope you are well. I am writing a little differently today, because I saw something that really surprised me in the last day. A token called DeAgentAI has suddenly increased almost nine times in a day. I couldn't believe my eyes, so I thought I would take a look and see what is really happening.
I saw that the matter started with a partnership. They have joined a platform called Piverse, and now invoice payments are being made through Binance Wallet. As soon as this news hit the market, people jumped on it. I myself saw the chart and realized that the way the price is rising, there is a little more enthusiasm, not real acceptance.
Another thing that I noticed is that the flow of money is not that strong. Some people are taking profits, while others are just relying on rumors and entering. There is an indicator called Chaikin Money Flow, I saw its data - it shows that the price is rising, but no new money is coming in. In my own experience, in this situation, the market cools down a little after a few days.
The most interesting thing is that even though Bitcoin is falling, DeAgentAI is growing. That is, it has nothing to do with the entire market. Although it may sound good at first, it actually indicates risk. Because no one can survive for long by separating themselves from the flow of the larger market. One day or another, they have to return to that flow again.
Now many people think that the price will increase further. I say, maybe, and the opposite may also happen. There is a barrier near $20, if buyers weaken there, the price will drop. If they can maintain confidence and the volume increases, then it can even touch $30. I consider all these possibilities, but I always calculate it myself before investing.
In my opinion, what is happening now is more the result of people's excitement. As soon as the news comes out, everyone is running in the hope of profit, but in reality, no one sees how strong the foundation of the project is. I am writing this article because I want people to understand that just because the price is rising, everything is not fine. It is much more important to see how sustainable the inner workings are.
So those who are thinking of investing, take some time to study first. What the project is really doing, who is on the team, and how strong the practical side is – look at these things. Everything I have said in this article is from my own observations. This is not financial advice, I just shared my own observations and thoughts.
Finally, I will say one thing, patience is the real weapon in this market. If you jump in the hope of sudden profit, the possibility of loss is high. No matter how much DeAgentAI is in the discussion now, it will take time to understand its real value. I didn't want to stop at just seeing this surprise today, I wanted to understand what is behind it. And that is why this article today.
Posted Using INLEO