Qi/USDT Farm token getting wrekt 4Hour time frame

4 ก.ย. 2021

QI token can be bought on Kucoin and farmed on Benqi on the avax chain. This token has been dropping like fire in this bull market and unable to keep up with the price appreciation. Most likely this token is being sold as soon as it gets into the hands of the people because of its lack of utility. As you can tell, most likely this will have a hard time recovering back to normal price levels. One of the reasons why I left Avax chain because of high transaction fees, sloppy UI on other platforms, and user adoption. Polygon, Terra, and Solana has more options, though Solana does not have a well known DeFi. Polygon and Terra rules the DeFi space. More money to be made elsewhere especially with all the money being raised for liquidity incentives.