Alien Worlds (TLM)
This Suisse/German game where players compete for scarce resources in a stimulated economy centered around planetary worlds. Already on binance, I have a strong feeling of success for this game.
I will analyze the on-chain part of the game below through bullish/neutral/bearish conclusions:
The Daily Active Addresses compared to the actual price of the token is on the rise. This is something we are looking for in ALL coins/tokens across the space. BULLISH
There is a constant increase of holders over time. BULLISH
There is an increase of holders and the supply on exchanges started to decrease since September. Holders are not anymore interested on holding their token on exchanges in order to sell but they seem to want to save them in wallets. BULLISH
The general sentiment is at almost All Time Lows. This can mean that sellers are exhausted but also it can mean that the project is not delivering on time which makes holders bearish overall. NEUTRAL
Developers are working on the project and it is not abandoned. NEUTRAL
Based on my above research we are OVERALL NEUTRAL - BULLISH. It is safe to go long based purely on on-chain data (no TA).
Good luck!
Tip for those brave who were able to finish the reading: I buy TLM through DCA on Auto-Invest - Binance
Thanks for reading!
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