Hatom (HTM) : A Promising Small-Cap DeFi Crypto with Yield Potential

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Hatom (HTM) has shown strong performance after breaking above its 30-day exponential moving average (1D 30EMA) on August 19. This EMA, which served as resistance for months, now acts as solid support at around $0.89. The daily RSI is also bullish, sitting at 62.77, suggesting positive price momentum.

Key Developments :

- **DeFi Protocol Strength**: Hatom Protocol is well-regarded for its transparent and secure approach, with multiple security audits and a conservative communication strategy.

- **New Features**: Recent updates include improvements for yield farming and lending, plus a new decentralized stablecoin, USH, set to compete with MakerDAO's DAI.

- **Small-Cap Advantage**: As a small-cap crypto on the MultiversX (EGLD) chain, HTM presents higher risk but also higher reward potential.

Conclusion :

Hatom (HTM) stands out in the DeFi space with a robust protocol and clear development roadmap. With its recent breakout and strong fundamentals, HTM is worth considering for both mid- and long-term investments.

Advice :

- **Mid- to Long-Term Potential**: Hold for the long haul, targeting its all-time high.

- **Caution on Small-Cap Volatility**: Be mindful of the inherent risks associated with small-cap tokens.

- **Consider Short-Term Gains**: For short-term traders, the current setup offers promising upside potential.

Hatom is available for purchase via the xExchange DEX and can be longed on AshPerp.