ORN breakout makes SEED reaching +100K$ milestone for the first time

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(Edited)

Phew, the last hours have been intense!

I have been observing with a lot of attention all the testing which the market has been doing to the 10$ price mark on the ORN/USDT chart...

It's been somwhat 'painful' to see other coins perform much better (even majors), but seems that the consolidation time is ending soon (if not already).

I counted like 5 tests in the last 30-40 days.

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Not to mention this zone has been a very important one in the past. check this out:

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Can you notice the volume dying in the capitualtion phase, and how it inncreased later in the previous accumulation range? (which hopefully we're leaving behind). This chart is a beauty.

ORN has been a laggard in terms of price (also because they still have to deliver a few key things on their main product), but if we compare it with a lot of other coins which already returned to ATH (or even surpassed it), ORN still have a +100-200% to go.

In terms of perspective, compare it with COTI, for example. (COTI and ORN are heavy synergic partners).

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Compared with ORN, it would be as if orn were already in the 20$'s. Compared with some majors like SOL or ADA (in terms of price performance)the difference is even more dramatic as ORN and other defi coins are seriously lagging. Hopefully they catch up soon.

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Quick trade in, quick trade out.

As much as I like quick adventures, you have to be extremely risky when doing such moves.

Yesterday was one of those days when you see 'too many signals' and knowing that could easily be nothing (as crypto always has been the wild west).

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Yesterday moved all the AVA & CUB and purchased +20K$ worth of ORN at 8,95$ .
As I'm writing those lines ORN is worth 10,75$ while it's pumping a very decent +17% in the last 24h period. Usually It's not that fast but seems that my 'gut feeling' was right when told me that something was cooking (is already cooking!).

Orion terminal is making today an ATH in volume (58M in 24h!), and I guess they achieved some integration with Coinbase to provide Coinbase customers better prices through distributed liquidity. Huge if true! (still, can't confirm nor deny anything, no news and team 99% silent in the last 2 weeks).

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If we count it since the 8,95$ price mark of yesterday, it's a +2K$ trade on this move alone, +10K$ on our entire ORN position. This move makes the seed-treasury holdings worth more than 100K$ for the first time (excluding early september with HBD trading +aty a 20% premium).

I believe it still has a long way to go, but I'll be deescalating the 'excess' position while it keeps pumping while I repurchase (or not!) our old AVA & CUB positions. I will decide as we go along.

SOMEBODY knows SOMETHING for sure. I'll keep you updated.

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Current SEED Stats:

Circulating Supply: 75,000 tokens.
Total Supply; 100.000 tokens (25K unissued).

AUM Value (All assets): 104.405$

SEED TOTAL Value: 95575/75000 = 1,39$ /SEED (+39% since the beginning).

SEED Liquid Value (Only liquid assets): (104405-10800)/75000 = 1,248$/SEED

Let's hope we let the 5 figure mark down forever and stablish in the 100K$'s :)

100% of blogging rewards paid to @seed-treasury. Remember you can follow the portfolio in real-time here:

https://cointracking.info/portfolio/seedtreasury

You can join us on Telegram and follow me on Twitter.

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Posted Using LeoFinance Beta



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50 comments
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ORN has been a laggard in terms of price

This has been a good thing actually as I could accumulate more and more, slowly. I have been watching ORN all the time and have been grateful the opportunity. As you said, we may be leaving the station, at least I hope so.

I'm glad we're taking off and even more that we have a nice bag of ORN. The numbers are looking great 🚀🚀🚀

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Awesome. I got some a while back at around 7$. Based on your call! Lol! I’m holding still anyways! Nice call. Thanks

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Damn you are good and deserve this pump as you HODLed through the $ORN dump.

Congrats 🎉🍾🎊 mate !

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That is great news! It all sounds pretty nerve wrecking to me! I am glad you seem to be handling it so well!

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Sometimes it's not easy, but I'm handling pretty well so far I guess.

Thx!

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I know trumpman is aiming to party with the chicks on the beach when he becomes filthy rich, so what is your plan when you'll be swimming in cash ?:)))

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define 'swimming in cash' please.

For most of the people 'who knows' who I'm in real life, I'm already at that spot.

It's still 'not enough' :) IMHO. I'm in crypto because I love it and WE NEED it, not because (at least only) I want to 'make money'.

people who only want capital gains are the first to get flushed out.

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I mean obscene levels of wealth like gold plated lambos :P

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Aaaaah... I'll never reach that level. I'm fine with my Seat

And before start throwing the money like this, I'm purchasing 100M HIVE and sending to @null

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Its not about capital gains, after all, these just generate tax liability.

Its about changing the world!

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Thanks for the midweek report and for the tip on ORN. I'm still on the buying phase and aim to gather 300 ORN this month.

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Slowly and steady is how you make your bags. make sure you sell some after some profits!

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Great news all round and maybe best to get back into AVA once you have done with this trade lol. Coti I am buying regularly as I see it doing something. Bank cards next week after the test is finished plus they have something cooking with ADA which will be announced at the summit this month.

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I feel that AVA is 'boring' but reliable.

wen defi?

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Oh nice little trade. I am kind of sad I didn't jump on the ORION bandwagon but I guess indirect exposure works too.

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Indirect exposure is a great way to expose, I'm exposed to NFT's, Cardano and other L1's through ORN.

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If global market push up it's just a matter of hours that $ORN follow it's previus trend, it's just my opinion based on TA, but if we talk about macro fundamentals these project should be rocking already, a patience game, we need keep on eye on next Bitcoin move!
PD: I've continued accumulating some more ;)

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By the way, I forgot to say congratulations on your new project, very good news man!

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Thx! It's been a fast thing to build and it's progressing nicely!

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Good job! ;)

I always trusted the Orion team and IMHO they never failed to deliver in their product. A bit nerve-wracking sometimes with the 'soon' talks, but well, it's what it is.

Hope you're doing great! :)

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Yeah I think that's completely normal.

¡Espero que lo estés haciendo genial! :)

The most I can! 👀

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Awesome work! After this news I put all my liquid Hive to buy more SEED. Thank you for starting this fund :)
!PIZZA

SEED After ORN.png

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better to DM directly before buying SEED on the open market.

I always try to have a few on sale but I can always adjust a bit the price to the downside. I'm setting up an artificial sell wall to avoid noobs FOMO'ing in.

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