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7/16/17 @ 8:39:53 pm CST Austin, TX - CryptoCurrency Analysts Initiates Coverage on MaidSafe Coin (MAID) With a Long-Term BUY Rating:
Long-Term = BUY (Target Price = 17,777 / 35.7% Increase)
Short-Term = HOLD (Target Price = 13,500 / 3.05% Increase)
MaidSafe (MAID) is one of our favorite coins that is poised for long-term success within the CryptoCurrency marketplace. It has recently dropped from over 22,000 to under 12,000 and now is around 13,100. It has crashed below the lower Bollinger Band, but has recently begun a slow climb back up. At this current price of 13,100 we feel that the long-term potential future upside for MaidSafe Coin (MAID) overrides any further short-term downside correction. We are initiating coverage and putting a Long-Term Buy rating on MaidSafe Coin (MAID) with a Target Price of 17,777. For Short-Term Traders we recommend to HOLD with a Target Price of 13,500.
Click on Chart to Enlarge
MaidSafeCoin/Safecoin (SAFE) is the cryptocurrency for the SAFE (Secure Access For Everyone) network.
The SAFE network is an initiative to decentralize the internet. The goal is to do away with third party central servers in order to enable privacy and anonymity for internet users.
The MaidSafeCoin IPO was conducted through Masterchest accepting both Bitcoin and Mastercoin. Safecoin will give users and developers a stake in the SAFE network project.
MaidSafeCoin uses a Proof of Resource for miners to earn coins. It works in a completely different way as compared to other major cryptocurrencies like Bitcoin, Litecoin, and others.
One can prove a resource ownership using hard drive storage, CPU power, and bandwidth. Ideally miners will be able to trade their computing resources for MaidSafeCoin.
Learn more about MaidSafeCoin at - http://www.safecoin.io/
Genesis Date - April 22, 2014 (over 3 years)
Homepage - http://maidsafe.net/
Blockchain/Supply - https://masterchest.info/lookupsp.aspx?sp=3
LINKS:
https://www.coingecko.com/en/coins/maidsafecoin
https://coinmarketcap.com/assets/maidsafecoin/
UPDATES:
ACHIEVED Short-Term = HOLD (Target Price = 13,500/3.05% Increase)
7/23/17 @ 10:21:44 pm CST Austin, TX - MaidSafe Coin (MAID) has already risen above our short-term target price of 13,500 to over 14,000 in under a week, so it would be a good idea to either take profits or put a tight stop-loss in place in case it retreats back to lower levels. For long-term traders, a stop loss should be put in place above your entry price to guarantee profits due to the volatility of the CryptoCurrency markets as of late.
Click on Chart to Enlarge
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