$IR 🚨 INFRARED (IR) ARRIVES AT PERPETUAL FUTURES!.
Today we need to focus on Infrared (IR), which has just landed in perpetual futures. But what is this project really about? Infrared is a protocol designed for the Berachain ecosystem. Its main function is Liquid Staking, which means it allows users to put their assets to work to secure the network, but without their money being "trapped". In return, you receive a token that you can continue to use on other decentralized finance (DeFi) platforms to earn more interest.
The news of the day is its entry into futures, which has injected tremendous volatility. In the chart, we see that, after the initial excitement that took the price to $0.32, we are now in a technical correction phase looking for support near $0.237. This is normal; when a coin is listed in futures, the "shorters" (those betting on the decline) and those taking quick profits clash.
The great lesson of today is that a project with good fundamentals, like Infrared in the staking world, does not always rise in a straight line.
🔖 Listings in futures are moments of "cleaning" where the market decides the real value of the token outside of the initial euphoria.
If you want to succeed, you must learn that the best way to operate is by knowing the project thoroughly so you can trade with the confidence that the price is in a real discount zone, because in the end, knowing how to operate is understanding that the technology behind the token is what sustains the price in the long term.
Do you think that Infrared's Liquid Staking will bring it back to $0.30 soon, or would you prefer to wait for the price to confirm a lower floor?
ALWAYS DO YOUR OWN RESEARCH.
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