WILD Shows Signs Of Rapid Gain
Analysis & Sentiment Based OpinionRecent Developments
The Wild Crypto platform aims to create an international Lottery & eGaming platform, taking advantage of blockchain technology.
From September 2017 until mid-December 2017 WILD consistently marked a trading volume of less than $10k (24h) on Cryptopia, at which point the volume picked up significantly, with a peak of over $400k-$500k (24h) trading volume on the 6th and 7th of January. This peak in trading volume coincided with WILD's High in price of 9500 satoshi. Subsequently, WILD formed a downwards channel. Similar behaviour can be observed when looking at the recent fluctuation of other Altcoins.
WILD attempted to break out of the downwards channel both on the 17th and 18th of January. Both times this attempt failed on a ceiling of 600 satoshi (with 4100 and 3700 as respective channel center prices). Currently WILD is making another attempt at breaking out of this downward channel. So far, today, WILD rose from 3500 satoshi to 4380 satoshi. Additionally, the 24h trading volume is steadily rising, and currently around $150k (after falling to $85k on January 17th). Over the last 2 days, other altcoins have shown signs of significant recovery, and WILD could likely follow.
These are positive signs, that a price explosion could be imminent.
WILD Platform Launch 1st Feb 2018
And these signs are supported by the imminent platform launch of Wild Crypto (WILD) on February 1st this year. Initially Wild Crypto intended to launch their platform on January 20th, yet that was postponed as of yesterday, as can be seen in the announcement below.
The official WILD twitter account just published a sneak peak walkthrough of the upcoming platform launch. It includes a few interactive betting games as well as a lottery feature. WILD isn't far from their launch, as one can see.
The video linked is embeded below.
The lottery industry alone is worth $270B as of 2017. Given the fact that most crypto valuations are based on future projections, WILD seems a good bet for the short-term (70%-400% in the next 4 - 30 days from 4000 satoshi). Long-term prices are more difficult to predict, and in the long-term, execution and traction will be crucial factors (with risk factors any StartUp would be subject to). Therefore it could pay off to invest in WILD prior to their launch.
Please note that this article solely represents my opinion based on analysis and research I have conducted. As always, make sure to act with due diligence.
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