[Crypto Report is a subset of Market Lab Report]
Layer 1's and crypto gaming companies stand to be huge winners in this bull market.
Alternative blockchains such as layer 1's compete with Ethereum due to ETHs high gas fees. We have had LUNA and RUNE on the crypto list for over a year. Both have reaped thousands of percentage points in gains. Other equivalents have also done well including SOL AVAX MATIC EGLD. One need not kiss all the babies as the saying goes, but for sake of diversity without a sacrifice to quality, I am including these four additional blockchains.
The metaverse stands to become a large part of life as many know it in the years to come. EA among many other giants have endorsed the crypto gaming metaverse. We scored well with AXS and SAND but are still just in the first inning. ENJ MANA ILV UFO are also being added. ENJ is still in position, MANA had a massive 2 day burst so is digesting gains, ILV is still on a tear so wait for a constructive pullback, and UFO had a decent correction but is still largely in play.
Crypto Report - Layer 1's: SOL AVAX MATIC EGLD + Gaming: ENJ MANA ILV UFO
|5 Nov 2021 09:39 ET
Like what you read?
Let us help you make sense of these markets by signing up for our free Market Lab Reports:
This information is provided by MoKa Investors, LLC DBA Virtue of Selfish Investing (VoSI) is issued solely for informational purposes and does not constitute an offer to sell or a solicitation of an offer to buy securities. Information contained herein is based on sources which we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of available data. VoSI reports are intended to alert VoSI members to technical developments in certain securities that may or may not be actionable, only, and are not intended as recommendations. Past performance is not a guarantee, nor is it necessarily indicative, of future results. Opinions expressed herein are statements of our judgment as of the publication date and are subject to change without notice. Entities including but not limited to VoSI, its members, officers, directors, employees, customers, agents, and affiliates may have a position, long or short, in the securities referred to herein, and/or other related securities, and may increase or decrease such position or take a contra position. Additional information is available upon written request. This publication is for clients of Virtue of Selfish Investing. Reproduction without written permission is strictly prohibited and will be prosecuted to the full extent of the law. ©2024 MoKa Investors, LLC DBA Virtue of Selfish Investing. All rights reserved.