Hidden Gem (2/25)
The next hidden gem coin in my list is PERP now at $1.12 of perpetual protocol.
It is a decentralized exchange for futues on ETH and XDAi. Traders can go long or short with up to 10X leverage on a growing number of assets like BTC , ETH , YFI and others. Trading is non-custodial, meaning traders always retain possession of their assets, and on-chain. Perpetual Protocol utilizes a virtual automated market maker, which provides on-chain liquidity with predictable pricing set by constant product curves. Furthermore, Perpetual Protocol designed its vAMMs to be market-neutral and fully collateralized.
It's all high time is $24.84 which means we are in below 95% from ATH.
Since the projects is already listed in major exchanges like binance ,it's more likely to be
touch that ATH again which could give us atleast 15-20x .
It's total supply is 150 Million only. So ,being a so good projects , it's fair price is atleast $7 which makes $1 billion dollor projects.