Before I begin, micro caps are VERY RISKY. They usually have very low liquidity which means slippage can be a very big issue. What does that mean? Say for instance you place a large order. If there isn’t much liquidity, you could double the price in an instant and if you wanted to sell it, you might dump it massively. I placed my slippage on Uniswap at 5 percent and bought this with WETH. To wrap ETH, you can simply go onto Uniswap and trade ETH for WETH. You can also trade USDT for WETH and so on. I found that WETH has the least amount of slippage for the pair.
I bought RVF with under 1 percent of my cash on hand at .225 cents. Yes it has pumped quite a bit today but the market cap is a measly $16.9 million right now. RocketX Exchange is a CEX and DEX aggregator… Which they essentially call a hybrid. Volume is not too bad for a micro cap and it is growing.
I will wait for a drop to buy more of this. I will wait till .19 cents to place another order. I hope I am awake for it.
Contract addresses
ETH: 0xdc8af07a7861bedd104b8093ae3e9376fc8596d2
Polygon: 0x2ce13e4199443fdfff531abb30c9b6594446bbc7
BSC: 0x872a34ebb2d54af86827810eebc7b9dc6b2144aa
Their website: https://www.rocketx.exchange/
I am always on the hunt for more micro caps. I don’t go heavy into these coins because there is simply no need. The point of these are to get in before the crowds.
Please Do Your Own Research if you are going to copy this trade.
Disclaimer: This article is for educational purposes only and does not constitute financial advice. Cryptocurrency investments carry risk; you should always do your own research before making any investment decisions.