We have completed the Chia blockchain analytics report that we | 9RD Analytics

We have completed the Chia blockchain analytics report that we were commissioned by a venture capital fund. We want to share with you the general conclusions.
The main negative trend is that the XCH rate has been dropping almost since the launch of the mainnet.
And yet, we are also considering significantly increasing our investment in this cryptocurrency. Why?
1. The founder created and sold a successful project. His vast experience in p2p technology undoubtedly minimizes the technological risks.
2. The company is planning an IPO. The top management, thanks to their qualifications and experience, has the ability to achieve such a goal.
3. Chia Network creates legal compliance with SEC requirements and lobbies its interests in the U.S. federal government. This will give the opportunity to interact with large companies in the same legal field.
4. The company is already involved in a major international carbon credit project.
5. The company has original products and intellectual assets, including a patent.
6. Chia Network has attracted the attention of the most prominent investors. This is subjective, but a positive factor.
7. The price of XCH at the moment reached $2500, and now it has fallen 80 times.

Two strategies can be considered. The first, speculative, consists in waiting for the IPO. The event in the community is long-awaited and with a high probability it will move the price of XCH up. To what extent will largely depend on the market phase.
The second strategy is long-term, with the expectation that the Chia Network will be able to attract large corporations and international organizations to its blockchain. The time horizon is likely to be a year or more. In addition to developing the potential of the company's internal resources, we should also expect a growing wave of bull market. As part of this strategy, the trigger for a price increase could be a halving, which will happen on 3/19/2024.

Besides, this coin is already in our portfolio, we were buying it:
11/15/2021 - $161.49
12/28/2021 - $102.37
2/15/2022 - $80.01
The average purchase price is $97.34, so we have an opportunity to very much lower our entry point into the asset.

Disclamer: this information is not investment advice. We are only telling you what we are doing, but we are not encouraging you to invest in Chia blockchain and its cryptocurrency XCH. It is up to you to research the asset yourself before making an investment decision.
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