I like to track coins that are around or under 0.01 USD that I think have the potential to one day hit $1 or more. My idea is to buy at least 100,000 coins (1000 USD at 0.01) and maybe one day it will hit the that special $1 mark.
Electra Coin (ECA) is one of those coins.
ECA is currently ranked #162 on coinmarketcap.com and priced at approximately 0.005 USD.
Yesterday is was 0.0015.
ECA is only one two exchanges: coinhouse & coinsmarkets. ECA will be listed on Next.exchange in early 2018.
Here is an image that illustrates ECA's capability:
Looks like they have all the components although I'm not sure which component is the biggest selling point. On Telegram more people talk about speed above the other components, but I'm not on Telegram all the time.
Here is their roadmap:
Here is a more detailed view of Q1 2018:
I decided to take a position in ECA because it is pretty hot right now and the price is very low compared to it's potential IMO.
ECA POS rate is high: 50% yearly, but I've been told it's not high because ECA has a cap at the number of coins that can be in existence. I'm not sure how that works out..if the cap is reached then no more staking? I don't know of any hugely successful coin that has a POS rate that high. NEBL is around 10% and is doing ok.
I'm surprised that ECA only hit my radar in the past few weeks. Has anyone been tracking ECA for months?
Let me know if you are an ECA HODLer and why.
Reference Links:
Kryptonaut
