Market Movements 22nd Jan 24 UMA Protocol

Welcome to a new series I shall be running for me and anyone else who cares to land on my blog! ...

Market Movements on #MondayNews

This is inspired by @tsunsica and her Initiative: January Posting Spree - InLeo post so I am borrowing her Monday initiative prompt and the tag too.

Her chart is below but do join in and you could win a InLeo premium upgrade!

Not about BTC!

All that talk of Bitcoin Spot ETF blah blah doesn't it get boring? Then Grayscale blah blah so yeah we get it BTC is correcting and of course the alts will double correct as they always do right?

If you looked at a couple of my threads over the weekend you know I was shilliing something.

Well no, shilling is the wrong word.

Wait let's see the first one while we try to decide on the word.

UMA protocol was waking up as you can see by that thread

A brief background .... UMA is from Risk Labs...
The foundation and core team behind the Across and UMA Protocols.

Risk Labs build decentralized systems

Across
Across is a cross-chain bridge for L2s secured by UMA’s optimistic oracle. It is optimized for capital efficiency with a single liquidity pool, a competitive relayer landscape, and a no-slippage fee model.

UMA
UMA is an optimistic oracle (OO) that can record any verifiable truth onto a blockchain.

So there we have it.

Then onto the next thread of mine...

I then posted this yesterday ....

Have you seen UMA protocol token went from about $2 to close to $6 over the weekend ...

Now this was smaller than Hive yet with some momentum and Hype it flew, now my tip go check out their twitter UMAprotocol

Get your butt there and you could win 500 UMA that is $2k more or less!

How would you crack an 🥚

So if you saw their X account ...

That post/tweet got over 1 million views and kicked off a count down
with a tweet a day until the Oval egg cracks and is unveiled ...

Their latest tweet

They will pick one lucky winner who will walk off with 500 UMA if they followed the contest rules, comment and repost etc...

As the movement in price went up to $6 and now is still over $5 that is a cool $2.5 USD more or less...

As always Do Your Own Research

But if you want more alpha especially relating to airdrops and other degen things you might want to join the new community Airdrop Alpha coming to a device near you!

All ramblings are from me, the mad Scotsman TengoLoTodo unless otherwise stated, note lead image is generated with AI on pixlr .com from a prompt by me.

Are you not a member of Hive or InLeo yet? Sign up here it's fun!

Posted Using InLeo Alpha