Since the all time high of this token, it has been sideways since mid-October and just since December, we had 3 test on the trendline.
Currently hovering around the support zone of 76.8% fib retractment zone.
I'm making a bold prediction here. Here goes:
Price 1: 0.002985 BTC
Price 2: 0.003693 BTC
Price 3: 0.002985 BTC
SALT Fundamental Analysis - Basically a lending platform.
Loans taken out on the platform are cryptocurrency backed, meaning the borrower can stake blockchain assets (bitcoin, ethereum, etc.) as a form of collateral in order to receive money from lenders. Rather than borrowing against future earnings, which there's no guarantee they'll have, users can leverage an asset they already own. Furthermore, there's no need for credit checks - the blockchain assets staked are proof of ability to repay.
More details
www.cryptoadvocate.n...urrency-backed-loans
crushcrypto.com/analysis-of-salt/
What strikes me the most is the following:
"The SALT platform offers three membership tiers with the amount of capital available to be borrowed, currency availability, flexibility of loan terms and supplementary features improving from tier to tier.
The annual pricing, as outlined in the membership portal, is 1 SALT for the basic membership, 10 SALT for the premier membership and 100 SALT for the enterprise membership. In terms of dollar valuation, the whitepaper states the SALT tokens will be $10 but logging into the platform gives a different story.
Therefore it seems the initial price of 1 SALT token will be $25, putting the membership packages at an annual cost of $25 for basic membership, $250 for premier membership and $2500 for the enterprise membership. Membership values are in USD but SALT will accept any traditional/cryptocurrency available in ShapeShift."
Currently hovering around the support zone of 76.8% fib retractment zone.
I'm making a bold prediction here. Here goes:
Price 1: 0.002985 BTC
Price 2: 0.003693 BTC
Price 3: 0.002985 BTC
SALT Fundamental Analysis - Basically a lending platform.
Loans taken out on the platform are cryptocurrency backed, meaning the borrower can stake blockchain assets (bitcoin, ethereum, etc.) as a form of collateral in order to receive money from lenders. Rather than borrowing against future earnings, which there's no guarantee they'll have, users can leverage an asset they already own. Furthermore, there's no need for credit checks - the blockchain assets staked are proof of ability to repay.
More details
www.cryptoadvocate.n...urrency-backed-loans
crushcrypto.com/analysis-of-salt/
What strikes me the most is the following:
"The SALT platform offers three membership tiers with the amount of capital available to be borrowed, currency availability, flexibility of loan terms and supplementary features improving from tier to tier.
The annual pricing, as outlined in the membership portal, is 1 SALT for the basic membership, 10 SALT for the premier membership and 100 SALT for the enterprise membership. In terms of dollar valuation, the whitepaper states the SALT tokens will be $10 but logging into the platform gives a different story.
Therefore it seems the initial price of 1 SALT token will be $25, putting the membership packages at an annual cost of $25 for basic membership, $250 for premier membership and $2500 for the enterprise membership. Membership values are in USD but SALT will accept any traditional/cryptocurrency available in ShapeShift."
Price 1 - 0.002985 BTC
Price 2- 0.003707 BTC
Price 3 - 0.004637 BTC