Did you miss the boat on Lisk (LSK) like I did over the past month? Now might be a good opportunity to assess LSK and pick some up for a a long-term HODL play.
LSK went from around $8.10 to approx $4.40 during the recent China news (approx 46% drop). Its price currently resides at around $5.30.
Take out the recent China news and LSK's chart looks very stable and usually trades in a nice predictable range.
LSK's market cap (MC) currently resides at around 600 million. Let's say you think LSK's MC will hit around 7.5B within 1-2 years. LSK's price will be around $75 and that translates to around a x12.6 multiple. Not too shabby for a long-term, and relatively low-risk play.
I encourage my readers to take a look LSK and consider it for their portfolio.