#BTC, kept on sustaining over the zone, but did also rejecting from Structural Resistance area. Well, its been looks like price forming a range, potentially price will retest the Major Support zone, before going higher. Altcoins gave a good push with the market momentum and more yet to come as soon as price stable down, money will start flowing into alts.

#KLAY is been made a structural shifts in market structure and likely to ready for moving up. Well, a retest expected back to the support zone of $0.186 - $0.188 for buying setup with stops below the previous swing low.

#BTC.D gone as per our plan, #BTC tighten the market which lead in alts dump but over all rejected from the mentioned area of Resistance Zone. Well, its been a huge drop, which made a rally in alts and now reaching the support zone of 51.8% - 52.0%. Keep the Stops tights and watch our over it. Moreover, if #bitcoin stable down here, then we can break those support, which will the open signal for alts buy setups.

What Is an Initial Farm Offering (IFO)?

Initial Farm Offering (IFO) is a fundraising model that helps new DeFi projects raise capital by participating in pre-sales events hosted after stern project vetting by decentralized exchanges.

IFO is a successor of the initial coin offering (ICO), a crowdsourcing method used by cryptocurrency projects to raise funds in the early stages.
Investors can participate in a pre-sale event that is hosted by the DEX, raising the capital necessary for available projects by investing in native tokens.

DEX teams usually prepare a proposed list of the most lucrative projects to launch in the farming event. However, it is worth considering that the tokens acquired via IFO have no clear advantage over those raised through other fundraising models. Despite proper scrutiny by the DEX teams, the value of the token can be affected by the market sentiments.

The most common platform for IFO is PancakeSwap, the users of which can benefit directly from the fundraising. These users are entitled to rewards while the owners of new projects can benefit from the liquidity pool offered by the platform. Most of these tokens are community-driven with little to no control by a specific central authority.

There are two common types of IFO events:

--> Unlimited Sale: By paying a predetermined fee, the user can stake as many BNB and CAKE tokens as they can.

--> Basic Sale: A defined number of tokens can be staked and the users are not charged a participation fee.

To be part of an IFO, the first step is to set up an account on any of the DEXs that support this feature. Users then stake CAKE or BNB tokens (according to the participation terms) to take part in the IFO. They must provide liquidity for the farming process. By the end of the process, those users are rewarded with such tokens.

The following are some benefits that could be enjoyed by IFO users:

-->Elimination of the middle-man. Peer-to-peer transactions are stimulated on the IFO platform, allowing users to save money in the long run even if they are novices in the world of crypto.

--> IFO maximizes the benefits of trading on DEXs, especially for those who are new to crypto.

-->Project fundraising is safe via IFO platforms because of the dual-margin intention.

-->The decentralization keeps all the transactions and activity transparent for users and investors.

Like all other fundraising events, it is better that each user research the one that suits them the best. However, do your own research properly before investing in any token and keep the factor of volatility in mind. The preceding fundraising models, especially ICO, were heavily reliant on VCs, which meant greater time consumption and unreliable gains. However, being relatively new in comparison to ICO and IEO, some users might not be confident about opting for IFO — but the trend of DeFi may tilt the focus of the market towards IFOs.

Here's the Analysis of #RUNE :

#RUNE is been rejected from the major Resistance Area of $5.98 - $6.13 also also sliding below the strcutural support zone of $4.65 - $4.79. Well, price already gave a fakeout but unable to sustain over it. In case price again close below the support, then we can go short over the retest of the zone as resistance area.

#BITCOIN DAILY TF UPDATE :

#BITCOIN pinpoint and precisely, from levels to level, pushed due to #ETF news but ended up being rejected from the Resistance Area of $47,000. Price again tapped into the major level (Grey Box) around $42,000, where rejection might happen. Structure now turned bearish, so careful with any sort of fresh trade now. Also, if #BTC remains stable here let's say, consolidation happens, alts will fly strongly.

#BTC.D continues to drop while #BTC also dropped too, which lead in dump is altcoins. Well, that wasn't expected have to look out on the retest of the zone around 51.8%, and wait for a dip down. in the meanwhile, the conidiation will remain the same and have to #bitcoin remain stable for it, for alts to take breathe.

#TRX goes as per the anticipation, price goes up as the liquidity grab happens, price reached the resistance zone of $0.10 - $0.11, which we've to wait for a breakout to happen. A Breakout and close candle will be the confirmation and buys on retest.

What Is Initial NFT Offering (INO)?

After ICO, IEO and IDO, Initial NFT Offering (INO) is a new cryptocurrency crowdfunding mechanism based on the same concept fundamentals that involve offering a set of limited NFTs for sale.
Companies and individuals have been using ICOs as a way to raise capital or participate in investment opportunities since 2013. From the genius of ICO, there comes the rise of other crypto fundraising mechanisms, namely STO (Security Token Offering), IEO and IDO.
NFTs are experiencing a massive adoption as lots of prominent musicians, artists, athletes, commercial brands and crypto enthusiasts are participating in the NFT market. INOs have risen in popularity with the NFT hype, something that benefits both content creators and investors.

INO involves offering a set of NFTs on launchpads or marketplaces for sale to public investors.

Benifits

Easy to Launch

Entry barriers of INOs are lower than launching fungible tokens. This enables projects with big and small ideas to be recognized by a wider range of audiences. They can raise the needed funds with cheaper listing costs and easier access to instant liquidity before the project is ready.

Community Building

NFTs promote a strong sense of community as owning one of a verifiably scarce NFT of a collection puts holders into a close circle. Ownership of a limited-edition NFT makes it easier to recognize each holder compared to owning a small percentage of a fungible token supply.

Holders Become Project Advocates

Each NFT can only be owned by one wallet address. NFTs contain built-in ownership verification that serves as proof of ownership. Each holder becomes an advocate of the project since most perceive NFT ownership as a ‘bragging right’, especially when used as PFPs (profile pictures).

Here's the Analysis of #GRT :

#GRT is been kinda making messy moves and slides below the Zone of $0.174 - $0.177. Price testing the zone as Resistance where price cloud the reach the next support around $0.160, but the trading range is small. So, wait for the setup to appear, which can be daily candle closed closing either side of the zone.

#BITCOIN WEEKLY TF UPDATE :

#BITCOIN on Weekly TF, made its way as predicted, Price tapped into the resistance zone and rejected strongly. Price is been again back to the support area (Blue Box) around $43,250, where it should hodl up the price. Marker Structure shift is happen, so careful with the Open positions. Weekly, candle must sustain above the $42,000 to sustain bullish on HTF.

#TRX made a clean break to the upside, didn't gave a retest back to the zone. Price straightaway high the next resistance zone of $0.117 - $0.120. Price already showing rejection from there, but wait for the price, to retest back to the support before buys as its might be not enough range for the shorting opportunities.

#ARKM bounced off from the strong support zone of $0.51 and made a high of $0.62, which is 21.7% in profits. I hope you booked some profit with this move and buys are expected again from the same level again with TP at Resistance at $0.65 - $0.67.

What Is an Initial Game Offering (IGO)?

Initial Game Offering (IGO) launchpads are the latest trend in the crypto world and the concept is similar to Initial Coin Offering (ICO). The only difference is that in IGOs, the platform hosts gaming projects that are based on NFTs or tokens as their in-game currency and rewards.
Investors can put their funds into the gaming projects offered by IGO launchpads and expect significant ROI once that gaming project is launched on major crypto exchanges or gains popularity in the ever-increasing gaming community.

With the rise of blockchain gaming, IGOs are becoming the next big thing in the crypto space. Games like Axie Infinity (AXS), CryptoBlades (SKILL), and Alien Worlds (TLM) have thousands of daily active users. Axie Infinity is currently leading the pack with over $1.1 billion USD in sales so far in 2021. While Axie Infinity has launched its initial token sale of $AXS on the Binance launchpad, players in the game earn income primarily from its Smooth Love Potion ($SLP) token. $SLP are obtained by completing daily quests, competing with other players (PvP) and battling monsters in adventure mode (PvE). Players can trade $SLP to fiat on exchanges like Binance, and users in the Philippines can check the SLP exchange rate to PHP directly on CoinMarketCap.

Owing to this huge popularity, several IGO launchpads have surfaced, including Gamefi (GAFI), Enjinstarter (ENJINSTARTER), Gamestarter (GAME), Seedify.fund (SFUND), and others.

IGOs may seem a good investment, however, before investing in any IGO platform or projects that are in its initial game offering (IGO) phase, a few things should be considered:

See the holder benefits of the native tokens. Check the percentage of benefits and compare them with other IGOs.

—> Check whether the IGO launchpad is providing guaranteed allocation. This may cost higher than IGO launchpads that use a lottery mechanism; however, in that case, allocation is not guaranteed.

—> Evaluate the ROI of the active IGOs offered on the platform. A launchpad with a history of good projects is likely to provide major returns on most of its upcoming projects.

—> Check the launchpad's holder value which acts as a performance metric for any IGO launchpad. A high holder value amounts to a higher token valuation, which implies that investing in that IGO may prove to be beneficial.

—> Check the number of token generation events of an IGO launchpad. A higher number of events imply the platform strives to host quality initiatives to boost its overall valuation.

Here's the Analysis of #PEOPLE :

#PEOPLE is been creating a mess in price action and kinda moving inside the range of Resistance zone of $0.045 - $0.046 and Support Zone of $0.031 - $0.032. Well, PA is truly not good, and setups couldn't be taken, so wait for the price to either end of the zone, to take the opportunity. On LTF, price is creating a range, so a breakout will decide the next move of the market, so eyes of it.

#BTC made a weekly closing below the support area, showing some bearish sentiment. Price on H4 TF, tapped in the Major Support Area Once again, and kinda hodling above it. Price might again go into the consolidation for a while, as market looks more towards neutral too. Eyes on the range, as nothing can be done until the it break either side of it.

#TRX is been nearly reached to the level as mentioned and bounced from there. Price still having chances of getting there and move up right away. In case, its not then we need to wait for a another breakout either side, as getting in between is not good for a setup.

#GRT reached the support zone (Grey Box) where buys could be expected. A decent 8-10% range is available, to attempt that. Well, in this case use lower risk and take the short with stops below the previous swing low.