I wanted to share one of my favourite investments during this New Year market crash, the CET token on the CoinEx exchange, launched by ViaBTC as an exchange with Bitcoin Cash as the base currency for all trading pairs.
I received CET for free during the airdrop last week, but now I am buying more after the initial launch and correction. Looking at the chart you can see a beautiful absolute bottom forming on this brand new coin.
As always this is not investment advice, nor am I making a recommendation to buy or sell, but I cannot see any way that this coin can go lower than it is now, and I believe there is a strong case for the CoinEx exchange to become very successful once the scaling issues of both Bitcoin and Ethereum start becoming a real problem again.
As trading volume picks up again in the next bull run, I believe there will be an urgent need for another solution to moving cryptocurrency around the ecosystem that is simple, fast and cheap. If CoinEx are proactive in finding lucrative new coins to list they could well be in the best position to solve that problem once it arises.
You can sign up for CoinEx here!