Trade Alert (Micro Cap)

Hey everyone as promised I have another micro cap for you guys. Keep in mind before I start, micro caps are NOT for everyone. They are incredibly volatile at times because they have LOW liquidity. That means is someone dumps a lot of their coins, that can easily move the market down and vice versa. If you only want to stick to mid to large caps, just have patience as I will let everyone know which ones I am buying and when.

Lets go over PERP.

Contract address: 0xbc396689893d065f41bc2c6ecbee5e0085233447

https://perp.com/

You can trade with PERP here: https://app.perp.com/

I bought this at .56 cents. I used up under 1 percent of my cash on this. Perp is gaining a bit more popularity and had a nice pump last week. It has since retraced a bit which is why I decided to pull the trigger today. I bought this on Uniswap with USDT

Keep in mind that this coins is down tremendously from its all time high back in late 2021 but these people are building and continue to build regardless of how the price has done since then.

Perpetual Protocol (PERP) is a decentralized exchange (DEX) that allows users to trade perpetual contracts on a variety of assets, including cryptocurrencies, commodities, and stocks. Perpetual contracts are similar to futures contracts, but they do not have an expiry date, meaning that traders can hold their positions for as long as they want.

PERP is unique in that it uses a virtual automated market maker (vAMM) to provide liquidity. This means that traders do not need to rely on other traders to be on the other side of their trades. The vAMM ensures that traders can always enter and exit positions at fair prices.

PERP is also unique in that it is fully decentralized. This means that it is not controlled by any single entity. This makes it more resistant to censorship and fraud.

Benefits of PERP

There are a number of benefits to trading on PERP, including:

• Decentralization: PERP is fully decentralized, which makes it more resistant to censorship and fraud.
• Liquidity: PERP uses a vAMM to provide liquidity, which means that traders can always enter and exit positions at fair prices.
• Low fees: PERP has very low fees compared to other DEXs.
• Wide range of assets: PERP offers a wide range of assets to trade, including cryptocurrencies, commodities, and stocks.

Please DYOR and never put in more than you are willing to lose on these micro caps. They are very risky. If you do not want to take on risk in this space, my suggestion in sticking with Bitcoin and Ethereum. I would also add LINK as well. In my opinion those should do very well during the next bull market.

Toby