Whether you are a day trader or simply an investor the fact remains that the number of coins available to play with is very large and growing all the time. Along with this, after doing research you will see that there are several categories of Coins and that there is quite a bit of redundancy among them.
There are subtle differences between every coin but some very important differences are the essence of their community, the team, and their marketing. When you have a market like crypto with several competitors that have redundancies your community is going to strongly affect the viraility which in turn contributes to the coins success.
An Older Forgotten Coin Reviving Vigorously
Max Coin in is an old-school coin from 2014 that was abandoned but has recently experienced a community revival into an extremely active, open, and transparent endeavor. MAX might not be as big as, say, EOS, TRX, or XRP, but they are very active in developing and creating their community with clear goals and little hidden agenda.
What's best of all about the dev team is that some developers don't even own any max coin but develop out of philosophical interest in the potentials of the tech. Max Coin had no premine and has already experienced a dramatic correction in it's past history (from $1.50 to $0.03) after much initial hype. The inital launch in 2014 was very rough but recently it has experienced a great revival in both community and price as it is trading around $0.09 with a 820 BTC market cap.
Not only is this coin's community and development committed to organic growth and not dependent on "injected growth" as some business venture or security might be, but it also boasts a series a very powerful properties such as a sub minute block time, close to zero fees, quantum resistant algorithms, and difficulty reconfiguration on each block.
It is a true competitor with such coins as LTC.
Independent Market Valuation?
During the recent BTCUSD "adventures" to $6500 territory maxcoin's price has remained relatively unaffected by the motions of bitcoin. Perhaps this is because of it's low trading volume but we see small trade volume coins are often strongly correlated with BTC USD price. Just today (6-12-18) it has experienced a near 20% gain in price while the rest of the BTC dependent alt market bleeds red.
Perhaps it really does have an organic and independent market valuation?
Max Keiser Coin?
You may know a Bitcoin evangelist and early adopter named Max Keiser, to which this coin is named after yet from which he was not directly involved in its development. He is however a strong supporter of the coin and with his recent public announcement of his crypto capital group, Heisenberg Capital, and his track record of success in predicting and holding, his support of this coin now, at such a low price, is a strong signal that one should collect this coin for mid to long term holding.
Will it moon or will it fall into nothing no one can predict. But we can do our own research and invest what we are willing to risk in the potentials of massive gains. Max coin has been adding exchanges slowly but surely, and the community is constantly advocating and seeking expansion into more exchanges and partnerships. Their mobile wallet is going to launch very soon so this is a great time to look into getting this coin at a great price.
-
As all ways, stop by the Ninja Discord anytime to talk about the crypto market, economics, trading and analysis or whatever suits your crypto persuasion. Don't forget to check out our exclusive coin giveaways and Trading View analysis. See you around Ninjas!
HDP "Sensei" - Altcoin Ninjas