My TOP10 project list - pick number 4/10

5 thg 11, 2023

TRUEBIT is my wildcard pick and a quite unknown project.

Here is what it says on the homepage: "While smart contracts can perform small computations correctly, large computation tasks pose security risks for blockchains. Truebit counteracts this shortcoming via a trustless, retrofitting oracle which correctly performs computational tasks."

From what I understand, Ethereum needs this protocol to fonction correctly and to scale in the future.

Truebit’s whitepaper was released in November 2017 and was co-authored by Dr. Jason Teutsh and Christian Reitwiessner under the title ‘A scalable verification solution for blockchains’. Dr. Jason Teush (Truebit founder) is a former Ethereum Lead Developer while Christian Reitwiessner led the development of Ethereum’s native programming language, Solidity.

I hold this coin since May 2022 and I am down 50% on my entry price. I decided to hold this project when I saw it's strong resiliance since November 2022: Truebit did not make new lows since 18 months. I could see the relative strenght of this coin in the final phase of the bear market. I expect this coin to rebound strongly and I guess it coulb be a leader in the upcoming bull market.

6 thg 12, 2023

Ghi chú

This recommandation received very little love !!

I recommendet it when it was at 10 cents.

Today it's price is at 27 cents (thats 170% in 30 days).

26 thg 2

Ghi chú

Lookiing really good ! New 2 year high ! In profit from my entry point !

11 thg 3

Ghi chú

There is some resistance to work through until 33 cents. However the token could start to run after having closed on a weekly basis above that level. We are up already 232% !!