December 22, 2023

Why I am buying Connext (NEXT)?  

During my investigation of bridges, I discovered the Connext Network project (https://www.connext.network/).

Project Opportunities:

The project is actively developing.

Actively promoted by Forbes (founders listed in the 30 under 30 in finance).

High Tweet Score - over 250 points.

Support from tier 1 funds.

My assessment of the current token price is around $0.06 - three times the current price.

Unlocks begin in September 2024 for the team and bakers.

Strategic investors entered at a price of $0.25.

The token did not participate in the rally of the previous bull cycle.

Risks:

The token has already grown threefold since the pre-sale.

Top exchanges are not rushing to list the token - currently, it can only be purchased on HTX and Bybit.

Conclusion:

My assessment assumes that in the worst-case scenario, the token could fall to a price of $0.06, three times the current price. I see the exit point at 10. I will exit at 25% at $2, at 25% at a price of 5, and 50% at a price above 10.

Profit/Risk ratio = 33/3.

Entering with 2% of invested capital in two rounds - today with 1% and next week with 1%

https://t.me/global_investment_io