Crudeoil FinanceOIL
$12.3
Market/Exchange
OIL Price Prediction and Price Movement
OIL has been down 0 percent over the last three months, and with its small market capitalization, it is very likely that such price movement may continue. However three months is still considered early in the crypto world and it is also likely that OIL's price may bounce back if it has a solid team and has delivered what they promised on their white papers. Therefore traders should be careful and should research thoroughly and see if OIL is backed by a solid development team and whether OIL's technology has any potential to grow.
Please note that this analysis is purely base on OIL's historic price actions and is by no means financial advice. Traders should always do their own research and be extra careful while investing in cryptocurrencies.
Crudeoil Finance Price Chart
About Crudeoil Finance
$CRUDE is designed to ensure the best returns for the users where the rewards are offered for each smart vault. Smart vaults ensure a higher cumulative APY as the manual intervention from the user is no longer required to manage his assets to optimize yields. $CRUDE will be the native governance token where users can directly take part in the decision-making process by holding $CRUDE and staking to take part in the governance mechanisms.
Furthermore, a portion of the platform fee will be distributed among the CRUDE stakers in our platform which will be an additional reward. A portion of the platform fee is directed towards buying back CRUDE from the market. These bought-back tokens are burned forever which will result in the reduction of the total supply over time, making it a scarce asset. This process will continue till the total supply becomes 5000 CRUDE.