❇️(coinmarketcap data:
Rank #196 , Kind: Coin , On 26,388 watchlists
Market Cap: $231,279,578 , Fully Diluted Market Cap :$286,253,106
Volume24h: $27,434,342 ,(Volume / Market Cap) : 0.1191 (ratio)
Circulating Supply : 80,947,213 TOMO, Total Supply: 100,000,000
TomoChain was founded by Long Vuong, who is also the CEO of TomoChain Pte. Ltd.
Before that, he was the CEO of CityMe and a co-founder and project lead of the NEM (XEM) blockchain at Alternative Blockchain. He is an expert in the fields of blockchain and economics and has been an advisor to a number of blockchain projects in the past.
What Is 🌟TomoChain (TOMO) 🌟?
Released in December 2018, TomoChain (TOMO) is a project that attempts to improve the scalability of the Ethereum (ETH) blockchain. This is primarily done via increasing its transactions per second (TPS) capacity.
The eventual goal of the project is to build a blockchain infrastructure for decentralized apps (DApps) and improve integration and security. TomoChain’s solution is to offer smart contract scalability, a task that requires solving how the blockchain can handle a higher number of transactions per second, exponentially increasing the utility of the smart contracts for real-world use cases and applications.
❇️Features:
👉Scalable & Fast Blockchain in Mainnet (2000 TPS. 2 Second Blocktime)
👉Pay Fee with Any Token(TomoZ Protocol)
👉Developer-Friendly Platform(EVM Compatible)
👉Privacy Enabled Transactions(TomoP Protocol)
👉Launch a DEX in minutes(TomoX Protocol)
👉Security Enhancement(Double Validation and Randomization)
refrences: coinmarketcap - tomochain.com
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✅TECHNICAL ANALYSIS
As you can see in the weekly time frame chart for TOMO/USDT, the price is trading at around $2.88 .
Tomo coin has been able to build a strong floor and supports for itself and has been involved in a channel for about a year, for which I imagined it has reached the middle of this channel twice, but it has been pulled down again, but this time I think it has the potential to break it .
; After a small correction to finally above the ema50, it can break it up and ,then after a nice rebound on the midline in this senario it could continue to the goals ahead.
In terms of Elliott waves, I think after the end of wave 2; Wave 3 is about to be started, which is much longer than wave 1 .
(Anyway, my constant suggestion to my dear community is to buy step by step (or in a few steps) , With proper capital and risk management and by setting stop-loss , To reduce their risk, Because this crazy market also depends on the odds and there is no certainty.)
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👉This analysis is my personal opinion and you are responsible for your own trades or invests.
❤️with Best Regards and successful trades
👍plz hit that damn like button if you like it
Rank #196 , Kind: Coin , On 26,388 watchlists
Market Cap: $231,279,578 , Fully Diluted Market Cap :$286,253,106
Volume24h: $27,434,342 ,(Volume / Market Cap) : 0.1191 (ratio)
Circulating Supply : 80,947,213 TOMO, Total Supply: 100,000,000
TomoChain was founded by Long Vuong, who is also the CEO of TomoChain Pte. Ltd.
Before that, he was the CEO of CityMe and a co-founder and project lead of the NEM (XEM) blockchain at Alternative Blockchain. He is an expert in the fields of blockchain and economics and has been an advisor to a number of blockchain projects in the past.
What Is 🌟TomoChain (TOMO) 🌟?
Released in December 2018, TomoChain (TOMO) is a project that attempts to improve the scalability of the Ethereum (ETH) blockchain. This is primarily done via increasing its transactions per second (TPS) capacity.
The eventual goal of the project is to build a blockchain infrastructure for decentralized apps (DApps) and improve integration and security. TomoChain’s solution is to offer smart contract scalability, a task that requires solving how the blockchain can handle a higher number of transactions per second, exponentially increasing the utility of the smart contracts for real-world use cases and applications.
❇️Features:
👉Scalable & Fast Blockchain in Mainnet (2000 TPS. 2 Second Blocktime)
👉Pay Fee with Any Token(TomoZ Protocol)
👉Developer-Friendly Platform(EVM Compatible)
👉Privacy Enabled Transactions(TomoP Protocol)
👉Launch a DEX in minutes(TomoX Protocol)
👉Security Enhancement(Double Validation and Randomization)
refrences: coinmarketcap - tomochain.com
-------------------------------------------------------------------------------------------------------------------
✅TECHNICAL ANALYSIS
As you can see in the weekly time frame chart for TOMO/USDT, the price is trading at around $2.88 .
Tomo coin has been able to build a strong floor and supports for itself and has been involved in a channel for about a year, for which I imagined it has reached the middle of this channel twice, but it has been pulled down again, but this time I think it has the potential to break it .
; After a small correction to finally above the ema50, it can break it up and ,then after a nice rebound on the midline in this senario it could continue to the goals ahead.
In terms of Elliott waves, I think after the end of wave 2; Wave 3 is about to be started, which is much longer than wave 1 .
(Anyway, my constant suggestion to my dear community is to buy step by step (or in a few steps) , With proper capital and risk management and by setting stop-loss , To reduce their risk, Because this crazy market also depends on the odds and there is no certainty.)
--------------------------------------------------------------------------------------------------------------------
👉This analysis is my personal opinion and you are responsible for your own trades or invests.
❤️with Best Regards and successful trades
👍plz hit that damn like button if you like it
