Dutch ElectronicGulden EFL's only competition is FiatGulden

BITTREX:EFLBTC   ElectronicGulden / Bitcoin

This was a fat fingered trade that is paying off for me, not in price, but in curiosity. This project is boots to ground focussed on connecting Dutch businesses with receiving and using Crypto. Simple as that. Digital Dutch Economy.

Price wise, I've noticed it has long wicks to the upside. Price in a healthy instrument will attempt to recover that distance over time. Which means that with price currently around 2250s it will eventually double to 5500s. Price is currently on an uptrend from recent lows. It has not been touched by toxic PnD Twitter spam. It has a low market cap at 5.7million. Moving Averages are well below price and fanning upward.

And as I said, it's competition is simply the fiat Gulden.

Simply sharing a neutral observation on another interesting blockchain project that is however currently showing steady small gains.

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