It is said, millionaires are not made overnight.
Well, the crypto-markets think differently. You may very well be the next in line!
****Of course volume plays a huge role in terms of identifying the market adoption of the asset but right here and right now we are steering clear of technical analysis and leaning more towards fundamental analysis.****
Today, 8 Cryptos jumped a mind boggling 100% plus.
While these currencies are not necessarily the most prominent of the crypto-industry, they today expressed massive price inflation; bridging those in search of millions closer to their goals.
The market caps and ranks of the coins are respective as follows:
BlockTix - $ ??? (843)
AdEx - $ 26,250,920 (111)
Aricoin- $387,171 (415)
Lunyr - $35,619,710 (93)
InsureX - $ 12,364,739 (163)
Compcoin - $ 8,097,561 (197)
Bitquence - $ 36,306,765 (92)
CoinDash - $ ??? (825)
If we look closely we can identify a trend in this limited area of observation.
Guys, if you see what i see then we can identify that these powerful movements are present in coins of lower ranking with mass attention off of them.
DISCLAIMER
I do not personally ever recommend anybody to get involved in a coin that ranks below 200; but that is your choice.
Lets take a quick peek into each one.
CoinDash (825)
just finished its ICO, and even has a beta available for consumer use. Coindash is in a nutshell a social trading platform for the crypto world. It's platform offers the opportunity for users to share their portfolios and exchange ideas between one another. Unfortunately i do not see a team page, an i am highly skeptical if there is no information regarding as to who is behind the project.
Please feel free to explore https://www.coindash.io/
Blocktix (843)
is an ethereum based platform for ticket distribution. While they have a team available for inspection, it is not the most powerful one that i have seen. While the idea is fairly simple and targets a very active market, the token itself does not seem to hold a tangible value behind it.
Please feel free to explore https://blocktix.io/
Aricoin (415)
In a few words: The Website is down and unidentified.
Dont take my word : https://aricoin.org/cgi-sys/defaultwebpage.cgi
Compcoin (197)
Brilliant idea; Artificial Intelligence meets market trading. The coin is supposed to use itself as a standard marker and make porwer-trades against the market. NOT JUST that but the coin also mines itself for you. I am no professional but i can see The team behind compcoin hyped the coin to extreme levels with promises of yet unseen heights regarding the intrinsic value of the coin. When the ICO was happening, the coin was being sold at approximately $14, today the coin oscillates around $2.
I am of no mind towards the coin, please rummage around their site : https://compcoin.com/
InsureX (163)
With the ICO ending not too long ago, this coins represents itself in its name, it is a blockchain solution to the insurance industry. More specifically it is the financial system involved in insurance. It is a platform for insurers, re-insurers and brokers to exchange insurance products directly. While the team looks very powerful it is confusing that there are no developers listed and additionally, the team as no links to their LinkedIN pages. Regardless this one looks a tad more feasible in terms of involvement with the coin.
i recommend looking around : https://insurex.co/
AdEx (111)
Now we begin to crossover into the more real implications of blockchain technology and token power. ICO just recently concluded; a simple name representing its real world use, an advertisement platform. Looking back i just think i should have invested, beautiful team, beautiful whitepaper, great idea. However, for time being, not interesting in investing. Expecting slight price increases.
Check it out guys: https://www.adex.network/
Lunyr (93)
Peer approved knowledge sharing platform. A dapp built on ethereum for an inclusive knowledge environment. The coin has shown a token vlaue to itself via its reward system. Still personally sketchy due to a lack of a team page, but at the moment it is doing spectacular. Being released in early may this actually caught my eye. I got involved at around $3.00 and dropped out around $4.00. I mean i am not disappointed but f*** i should have held.
Here it is: https://lunyr.com/#lunyr
Bitquence (92)
Short and sweet: bridging the space between investor and average Joe, while upholding Satoshi Nakomoto's principles. Very acceptable team, huge target Market, super simple and effective marketing.
im considering this before it might be too late: https://www.bitquence.com/
Personally, i own NONE of these coins but previously have. Seeing power moves like this can really make my hand itch to obtain some of them.
BEST of luck in your ventures, BEST of GAINS to your investments
Till Next time.
P.S. If you know anything about newer coins or are interested in some please enlighten me.