According to latest data from CoinGecko, there are more than 11,000 listed coins/tokens. It goes without saying that a majority of the listed coins have no strong use case.
Further, there are a growing number of meme coins and scams and honeypots are common in the world of cryptocurrency.
Amidst an ocean of coins, it’s difficult to find high quality projects. When investors do find those projects, it makes sense to go long and hold for the long-term.
One such project that’s worth discussing is MarketMove (MOVE-USD).
If I had to describe MarketMove in simple words, it’s initially an artificially intelligence driven safety audit of coins.
The objective of the audit is to find scams and honeypots. Investors can simply enter the contract address of a particular project and the AI driven Safety Audit provides results on the quality of the coin.
Currently, the audit is live for coins listed on the Binance Smart Chain network. However, MarketMove plans to extend to other networks in the coming months.
It’s also worth noting that the AI driven Safety Audit is not the only feature in MarketMove.
In the coming months, the project plans to bring stop loss, limit orders for DEX. Additionally, products such a launch sniper and pre-sale sniper are in the pipeline.
In the Telegram group, the project management has also announced the launch of “Move X.”
The idea behind Move X is still a secret. However, the management claims that it will be game-changing.
MarketMove also plans to raise $5 to $10 million funds in December 2021 or January 2022. Once these funds are raised, the project can be accelerated.
One big reason to like MarketMove is the team. The project has leadership that comes from companies like Google, Capgemini, Micron and McKinsey. This lends to the credibility of the project.
MOVE token currently trades at a market capitalization of $40 million. With upcoming funding, launch of more features, Move X and a complete rebranding, I would not be surprised if the project goes 10x from current levels.
MarketMove also intends to invest $1 million in marketing initiatives. Therefore, in the next few months, the project is likely to gain significant visibility.
From a token perspective, MarketMove had an initial supply of 1 trillion. At launch, 75% of the tokens were burnt and that resulted in a supply of 250 billion.
However, with every buy and sell transaction, tokens are burnt and holders also get reflections. It’s a hyper-deflationary token, which is another reason to like MarketMove.
I therefore believe that exposure to Move can be considered at current levels. In my view, it’s a hidden BSC gem that can potentially command a $1 billion market capitalization in the next few years.
MarketMove Website – https://marketmove.ai/
MarketMove Safety Audit - https://app.marketmove.ai/token/0x231cf6f78620e42fe00d0c5c3088b427f355d01c
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