Made 2x in One Month Already! Analyst Believes This Altcoin Can Rise Eightfold - Coin Bulletin

The analyst known by the pseudonym CredibleCrypto in the cryptocurrency market states that Curve DAO (CRV) is the project he has the most confidence in in terms of risk-return ratio.

The analyst predicts that CRV could gain at least 722 percent from the current level.

While writing this article, CRV is trading at $1.04 and has seen an increase of over 105% in the last 30 days. CredibleCrypto states that this upward trend is supported not only by technical analysis but also by the tokenomic structure of CRV.

CRV's economic model

According to the analyst, CRV's tokenomic structure is based on Bitcoin's emission model. However, CRV has several important advantages over Bitcoin in this regard:

"More than 40 percent of the total supply is permanently locked."

-Real revenues obtained from working products are distributed to token holders several times a month as payment.

-The number of developers currently working on the protocol and developer activity is at the highest level in the protocol's history, despite price pressure.

Is the potential being ignored? Please provide the text to be translated. The analyst says that CRV has a clean technical chart structure and also has significant potential fundamentally. CredibleCrypto says, 'CRV has the potential to be the next big success in this space. However, most people are not realizing this potential either due to a lack of knowledge about the mechanics of the project or due to the old and misleading fear, uncertainty, and doubt (FUD) spread during the recent market downturn.'