Consider Buying Biswap Token Amid Positive Market Signals

I'm considering purchasing Biswap, which currently is priced at approximately $0.02047 per token with a trading volume of $166.70, involving around 8.14k BSW tokens. The market cap stands at about $13.3 million, indicating a relatively modest but active project. This could be an attractive entry point if I believe in the growth prospects of Biswap and its ecosystem. Given the recent buying signal and the available trading data, Biswap appears to be gaining some positive momentum. The low price per token combined with a reasonable trading volume suggests there is liquidity for potential buyers. However, I need to evaluate whether the fundamentals, such as project development, ecosystem expansion, and community support, support a bullish outlook. In the context of decentralized exchange tokens like Biswap, it's important to note their potential for yield farming, liquidity mining, and other DeFi activities. The current market cap positions Biswap as a mid-tier project, which may have room for growth if the DeFi sector continues to expand. Yet, the crypto market's inherent volatility and risk mean I should consider setting stop-loss levels and only invest what I can afford to lose.