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📅 July 3, 7:00 – July 9,
🪙 $SLF at historical low: Is it time to catch the crypto-bounce back? 🔥 Analysis of Selfchain! Hello, crypto researchers! 👋 Today we are examining Selfchain ($SLF) — an innovative project of modular MPC/L1 wallets, whose coin has plummeted by -90% from ATH and is now trading at historical lows! 📉 But is everything really hopeless? Or is this a chance for early adopters? Let's figure it out with emojis! 🚀
💡
Selfchain is a modular L1 network built on Cosmos SDK, which
simplifies the creation of secure MPC wallets for users, DAOs and
institutions. Key features:
🔑 MPC + Intent-Centric Architecture: Secure key management + "smart" transactions.
🧩 Modularity: Easily integrate wallets into dApps, DeFi, GameFi.
🛡️ Multichain: Support for Ethereum, Bitcoin, Cosmos, Solana, and others.
Coin $SLF: Network management, staking, gas payment, access to premium features.
📉 Why is $SLF at the bottom? Reasons for the decline:
1️⃣ Overall crypto bear market 🐻📉: Altcoins, especially infrastructure ones, have dropped more than BTC.
2️⃣ Low network activity 📊: Mainnet was recently launched (Q1 2024), the ecosystem is in its infancy.
3️⃣ Early Investors Sale 💸: Part of the private rounds has been unlocked against the backdrop of weak demand.
4️⃣ Competition ⚔️: Safe (Gnosis), Ledgermatic, other MPC solutions.
🚀 5 REASONS TO BELIEVE IN THE BOUNCE BACK OF $SLF:
1️⃣ 💪 Strong foundation & TeamFounder Lucas Huang (ex-CSMO at Particle Network).
The technology is real: Working mainnet, SDK for developers.
2️⃣
📈 VERY low capitalization ( now ~$4.5M! ) At ATH capitalization
was >$50M → Growth potential 10x+ with market and product revival.
Fully diluted valuation (FDV) ~$35M — a pittance for an L1 with ambitions!
3️⃣ 🔥 Tokenomics with burning mechanisms Up to 50% of network fees are burned → Gradual reduction of $SLF supply.
Staking ( up to 15% APY ) reduces liquidity + stimulates holders.
4️⃣
There will be new dApps on Selfchain → Demand for $SLF.
5️⃣ 📉 Technically OVERBOUGHT! RSI on the daily chart < 30 — a classic signal for a bounce back.
Sales volumes are falling → Sellers are exhausted.
If the team executes the roadmap, attracts developers and users — a bounce back of 5-10x from current prices is realistic! #SLF#