DISCLAIMER: The information in the post is not financial advice, and is intended for entertainment and general information only. Note that trading cryptocurrencies is very risky – be sure you understand these risks and that you’re responsible with what you do with your money.
What is Refinable?
Backed by Binance and Mr. Beast, one of the most popular YouTubers out there with millions of subscribers, Refinable is one of the emerging NFT platforms that supports the Ethereum non-fungible token standards.
Built on the Binance Smart Chain, such NFT platforms for creators to upload and sell their artworks are seen as ways of improving DeFi composability.
Even as Binance, one of the world’s leading cryptocurrency exchanges, has their own NFT platform, they’re still one of the backers of Refinable, hence giving the project a strong sense of credibility and legitimacy.
If you’ve no idea what NFTs are, the whole non-fungible token (NFT) scene is exploding, with artists, creators and musicians leading the charge on getting their works up on the blockchain.
With a low supply of 500 million tokens and launched on 27 April at $0.03, the price has now skyrocketed, and we believe that this will go to the moon by 2023 – 2024.
Here’s how Refinable summarised themselves:
At Refinable, we are unlocking the potential of NFTs for all users. As the first major NFT hub built on BSC, we’re building the definitive platform to create, discover, trade, and leverage any digital content on the blockchain.
Why we believe Refinable will 100x (not only 10x)
Backed by known investors – can you believe how much hype (and pump) that this Refinable coin will get when Mr. Beast gets in on the publicity?
Even though there was a botched launch which was destroyed by bots, there were many people who thought they got scammed but the launch has passed for some time now. This is still one of the best gem alt coins right now – there are still many others who believe in the team and the amazing project and partnerships with over 70k holders (look at BSC Scan)
Ongoing building of partnerships: Being a follower of their Telegram group and channel (over 70,000 members), they’re building on a series of partnerships and collaborations that will continue to build on themselves
Big active community that when united, will drive the price up of this coin. Right now, the community is starting to become positive once again with these new partnerships coming up, and seeing the effort being made by the Refinable team
Case Study: Telcoin
Telcoin is a cryptocurrency that’s based on the Ethereum blockchain and has been accepted by some telecom operators.
As can be seen, it took the coin about 5 months before the coin finally popped and reached higher highs, before settling to a market value that’s higher than its original price – this could be the same for Refinable coin as well! It’s a painful hold but time will show the coin’s true value.
What’s unique about Telcoin is that it’s the first telecom-focused cryptocurrency that’s said to be distributed in partnership with GSMA network operators to mobile subscribers globally.
Follow Refinable on Social Media
YouTube Channel where they do regular videos (known as Refinable Recap): https://www.youtube.com/channel/UCYPZDEzXib3ya5rEGvuUUAw
Twitter – https://twitter.com/refinableapp
Telegram – https://t.me/refinableapp
Website – https://app.refinable.com/
Medium – https://refinable.medium.com/
How to Purchase Refinable Coin
Pancakeswap – token address can be found in their Telegram group. Be sure to get the official address from legitimate sources only!
Risks of Purchasing Cryptocurrencies
Bitcoin may be the future of monetary exchange, but it is equally important that you are aware of the concerns surrounding cryptocurrency investing. Here are some serious risks associated with bitcoin investments.
Volatility: The price of bitcoin is always rippling back and forth. If you happened to buy bitcoin on December 17, 2017, the price was $20,000. Weeks later, you would not have been able to sell your investment for more than $7,000 but look at the price of bitcoin today: $50,000 – that’s a crazy amount of increase since Day 1 of hodling this coin.
The bitcoin market is ever changing, with latest rumours of Bitcoin hitting the $100k price mark. With such an unpredictable market, you will have to get in early on coins in order to secure a good return (ie. at least 10x) on your investment. To avoid huge losses, be sure to only invest/trade money that you can afford to lose (but note that this is NOT financial advice. You’re in charge of your own money).
See you on the moon!