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#Not an investment advice Radiant on #Arbitrum looks interest | CoinSutra ~ Learn Crypto Investing & Trading

#Not an investment advice

Radiant on #Arbitrum looks interesting

Huobi (High liquidity)- https://coinsutra.com/visit/huobi/
Bybit (Mid-liquidity) - https://coinsutra.com/visit/bybit/

Rational-

1. They are building omnichain lending platform. Think of Aave but your lend on one chain, and borrow on another chain. Makes borrowing/lending simpler.
2. Launched on Arbitrum and soon they are launching it on BNB chain, and other chains.
3. mCap < 257 Millions
4. A popular crypto fund recently bought RDNT tokens in bulk @ price of 0.26 (I will share the source)


Risks -

1. Emission of RDNT is
2. The price has appreciated significantly in the past few weeks. :|
3. Usual smart contract risks
4. TVL is only 90M and growing


Risk score -

Medium to high

Date: 24th Feb 2023
Entry Price - 0.2585

Note: Better to do DCA if you are building a position..

#RDNT #Radiant