Moonwell Secrets Revealed! 💸 EASY Borrow & Lend – Pay Back WHENEVER You Want! 💰🚀

tell me can you name this cryptocurrency just off of its logo welcome back to the underground crypto family we got another Deep dive coming at you this is going to be moonwell that we're going over hopefully you were able to name that cryptocurrency seems like a fun little thing we're going to be doing nowadays now we do have some changes to the studio here we're trying some different uh video layouts and stuff like that so bear with us but let's get right to the [Music] review all right guys here we are over at the coin keko page 4 moonwell you can see up here we're up about 1.2% on the day it's coming in at number 517 bu market cap uh the ticker is w l l well for moonwell obviously coming in at about 2 cents. 023 so

you know almost 2 and2 cents getting up there we got the market cap at $ 65.1 million uh 24-hour trading volume is only $1.1 million and our Max Supply is 5 billion tokens that's not too many not too little the amount of tokens doesn't always matter what really matters is the ratio between the amount of tokens Max Supply and the circulating Supply which is 2.7 billion tokens so it looks like a little bit over half of the of the full supply has been vested has been issued into circulation so we need to know where the rest of those coins are of course as I always say and then again moonwell what is moonwell as we always say narrative narrative narrative so we need to figure out what is the narrative for moonwell why are people going to care about

it let's go to our one-ear chart actually let's go to the max chart I think the max chart will serve us a little bit better here and you can see it came out at about 5 cents about a little over 5.2 cents all the way back here June 22nd 2022 large correction large dip and then you had recently around February 6 around the end of February beginning of March 2024 then we have this run up to about uh literally exactly 52 cents so that's pretty much where it started all the way back in 20122 and since then we've dipped now this is not a technical analysis show if you like ta you want to learn how to trade some charts and read some charts go check out the crypto lifer on YouTube he's the best around but we don't

do that here as of now for sure um it also does say that moonwell has recently migrated from an old contract to a new contract so keep that in mind maybe we could dig a little more into that in this video uh contract looks like they have their own blockchain here and if you come down they have a base blockchain integration or interoperability working together with the Bas blockchain and here's our community Twitter we'll be going over Twitter we'll be going to moonwell fi to check out their website we'll be doing that as well but if you really like this review and I'm not a financial adviser obviously it's said in every video and still people will blame me for the decisions that they make uh but not usually the wins when they win those are all theirs right

so down here to markets and exchanges if you really like this token because they do have interoperability with baseball blockchain than they have we're going to look at some stuff that they've been integrating with the base blockchain aerod Drome which is like a pancake swap which is a decentralized exchange on you guessed it coinbase that's why it has a little base thing next to it is where you can get it decentralized right but if you want to get it on a centralized exchange maybe you're a little more comfortable with it maybe you already have some of them set up K coin bingx uh gate.io htx I'm more of a fan of C coin probably than any of those other centralized exchanges all right let's hop on over to their [Music] website all right here we are over on their

website so lending Made Simple again narrative that gives you a little bit of insight into what moonwell is and the service the problem that they're trying to provide that they're trying to fix that gives them a reason for being right a reason for existing so lending made simple and it says put your digital assets to work lend or borrow to handle whatever life throws your way pay it back on your own schedule with no monthly payments or additional fees so it says start lending redent you see up here in the corner it says launch application and we're going to go ahead and click on that and you will see over here get started with moonwell explore usdc anywhere try the new smart wallet learn about moonwell you got coinbase wallet that they obviously work with ethereum at 11.7 U

apy and then you got let's see USD coin is at 10.6 apy so if you're into Stak and if you're into putting your money somewhere and letting it grow more than you would get out of a bank account a bank account typically is like 0.001 uh interest year-over-year this is much better if you're parking your money if you already have some money and then you will see it says discover Trend discover trending markets and these are all different pools that you can go in you can see the AP y for borrowing and there's all kinds of stuff in here Euro coin ethereum all kinds of stuff you probably never seen ethi restak ethereum rocket pool Lio Bitcoin optimism Vel Drome uh Dai which is another stable coin like tether and you can see the apy and the supply so

if these are the type of things that you're into you can certainly come check them out they has all kinds of information over there but back to the website Linden borrow with confidence moonwell prioritizes security providing a robust and battle hardened platform for its Community all moonwell smart contracts undergo comprehensive audits from halborn security and our immune powered bug Bounty program rewards the discovery of vulnerabilities with a maximum Bounty of $250,000 that's pretty good but they do say maximum so what do they normally paying out right and here are some of the people that they work with the immune fi I said FL it's immune fi my bad halborn all right so then it's browse available markets on moonwell which we did a little bit when we went to the app itself over here uh with 44 supported assets

across four networks Moon well enables you to do more with your digital assets so right there I'll say it again they have 44 supported assets over four different networks that's pretty good coming down powered by moon beam uh base optimism and Moon River Moon River is pretty interesting we'll have to do a review of that as well I knew that they must have some affiliation with Moon River cuz the names are just way too similar so ly borrow build your tomorrow don't let digital assets lie dormant join thousands of other others harnessing the power of compound interest by supplying on moonwell I think it was Einstein that said um compounding interest is the ninth wonder of the world somebody can fact check me on that I'll give you all something to do right um comment down in the comments

so uh total Market size is 3311 million 31.6 million right 81% base 12% optimism 7% moon beam and 1% Moon River this is their Market size if you wonder what I am talking about uh contributors is disappearing is fading and I can't read it um I don't really recognize anybody here on their contributors so we'll just kind of skip that Community governance moonwell is governed by the community members like you defi decentralized Finance so it's good to see Community governance and not a centralized entity that just takes over and makes all the decisions through distributed decisionmaking moonwell can upgrade its code base and adapt a fluctuating Market condition without depending on a single individual or entity so there's there's pros and cons to decentralization and centralization of course but that is probably for another time that conversation and then

we hit the bottom of their website I think their website's laid out really well I kind of give their I give their website a pretty standard typical business Vibe like a six out of 10 or seven out of 10 not real exciting but this is not a meme coin so I guess we can't expect a bunch of artwork all right moving on to their Twitter for our smell test all right here we are over on their Twitter for our smell test now what is the point of this quote unquote smell test that I came up with we're looking at uh how long they've been on Twitter how many followers they have the pin post how long has it been pinned for how many uh impressions as it has likes reposts comments and then as we go down we're looking

for the rate at which they're posting are they posting three times a day one time a day how much engagement are they getting from those posts um in re in relation to how many followers they have right so here we are leverage what's yours right we're going to go ahead and give them a follow and as I give them a follow hopefully you can come over to Twitter and give me a follow _ ground crypto and that's underscore ground crypto cuz underground crypto was taken as I always say you will see it says crypto and has our underground crypto logo here I don't think I have any impersonators yet but I'm sure that's coming because everybody gets an impersonator if you're on social media all right moonwell at moonwell defi an open lending and borrowing app built on base

moon beam and Moon River with their website join December 2021 they're following 55 people it's not really significant to what we're doing here but they have 38,000 followers which is pretty good for you know the fact that they're more of a financial uh you know instrument or a financial product you don't get the hype you don't get the meme coins you don't get the people quite as excited over that kind of stuff more of an older more serious person with some money would get excited about this versus a young kid hopping into meme coins make trying to make a you know billion dollars million dollars in a couple of months and it doesn't really work like that sorry to burst your bubble guys very few there's some people who would probably has worked out for but most of you

it isn't going to go that way all right pin post September 12th not that far away or that long ago I meant uh 4 days ago as of right now and it has 48,000 Impressions so it has more Impressions than even the amount of followers that's a good sign uh 464 likes 132 reposts and 36 comments that's pretty good but as we move down you'll see they posted 5 hours ago and they got 12,000 Impressions that's pretty good for the 38,000 followers that they have uh 4 hours ago so we've got 5 hours ago 4 hours ago 4.4 th000 Impressions a little lower but we're talking 4 hours and they're pulling that kind of thing they do have a nice little video here and what is this about uh Flagship um Euro vault is now live harnessing the power

of meadow fo labs to Simply create onchain Euro lending so this is something for the European people the European market I'm here in America so it's not as relevant to me but it is more building more moving forward and making connections 6 hours ago and we're not going to read every post because again we're looking 6 hours ago 10,000 Impressions 171 likes and we don't have to read every amount of reposts and comments and we'll just keep going down 9 hours ago 10 hours ago let's see if we can get something from a different day September 14th 7.1 th000 follow um Impressions that is so I think that they're posting pretty often they seem active they have people who are liking their posts and are obviously engaging and care about this project so all of that looks pretty good

to me and um altogether they have 17 uh 1,725 posts so that's pretty good that's that's posted pretty often for being on here since December 21st of December we don't uh sorry I meant December not September uh December 2021 we don't really know when they started going hard when they started posting all the time when they put money I guess into their marketing um but either way I think that it looks like their Twitter stands out pretty well and is uh doing pretty good now for the smell test usually at the very end of these videos I give a 1 through 10 what I call call it gut rating um just a simple kind of uh scale that you can judge for well that I judge and I guess you just listen to take it into account but I'm

not a financial advisor so don't do don't just buy it because I say it's 10 out of 10 that wouldn't be very financially responsible would it so I give this an eight seems like a solid project I love the interoperability coinbase I think is going to be a lot like salana where all the activity is all the ACT is all the excitement you're going to need something to do with those gains you're going to need to lock up your money you're going to need to well you don't need to lock up your money but you're going to want to stake and earn as we go into the the bare Market it's one of the best things that you can do in the bare Market at stake and so yeah I think that this should get an eight out of

10 uh why is it missing the other two points because it doesn't quite get the excitement and the hype if you're buying moonwell as a token and you want to see it go up in value I don't know how many people are buying the moonwell token I didn't see a ton of things specifically for Moon Wells token you know to bring a reason for liquidity to flow into it but I might have just missed it I'm sure that some of their pools are you know paired with moonwell token I'm sure and that'll probably bring some valuation in but I'm going to give it an 8 out of 10 as a project um I don't know how much this coin is actually going to go up in value but let's hop back over what was its uh market cap 6.5

million uh or 65.1 million excuse me so yeah this actually has a lot of room to grow so I I take that back this token could grow quite a bit I could see this in the height of the bull market getting a half a billion to a billion dollars in market cap because of the coinbase narrative and really just because of the coinbase narrative because people will be using it and everybody will be on coinbase in salana so I take that back I'm going to give this an 8 out of 10 but I still believe that there is a lot of room for this price to grow because of the market cap all right guys I hope you enjoyed this review of moonwell hit the like share Bell notification make sure you get all of the videos and you

don't missed it send this to somebody who you know likes cryptocurrency all right crypto run out