Kusama was a quite fitting choice for the past week
After the past week, I can honestly say that it was actually quite fitting that you sat on top of the prize of Polkadot's WILD nephew KUSAMA last week. Because we certainly had a wild week. It was, to say the least, a week in which everyone was shaken up again, a week in which almost every coin dropped considerably, and a week in which a few altcoins suddenly managed to reach a new ATH, and seemed to be totally unimpressed. of the fact that Bitcoin only wanted to go one way, and that was down.
Kusama was unimpressed by Bitcoin
Kusama was also one of the altcoins that seemed unimpressed, and Kusama's price managed to hold itself strong in the wild ride down Bitcoin went through.
Trading Kusama against Bitcoin
What told me this, is that Kusama is a coin to keep an eye on, but also that this can be a coin that does not move quickly together with Bitcoin, so this could be a great coin to grow your portfolio through this coin. Trading Kusama against Bitcoin. If Bitcoin goes up, Kusama may actually go down or stand still. Your portfolio can still grow by hitching a ride on the rise of Bitcoin, and if Bitcoin goes sideways again or undergoes a correction, you can probably hitch a ride further up Kusama.
It still is mainly Bitcoin that determines where markets are going
I am not yet 100% convinced of my own observations in this, so I will definitely keep an eye on this, but anyway. Kusama has held on very strongly over the past week, unlike many others. This immediately makes it clear that although the market consists of an awful lot of altcoins now… that it is still mainly Bitcoin that determines the market, and that is also something to keep an eye on.
You're always trading Bitcoin
Even if you don't own Bitcoin yourself, you still trade Bitcoin. I've seen it on Twitter before, but at times like this you suddenly become painfully aware of it. Fortunately, we seem to be getting back on track with a Bitcoin that now appears to be moving sideways. This will hopefully create room for the altcoins to grow and explode.
But back to Kusama, because was the price of 1 Kusama actually last Friday at noon?
1 KSM was worth $ 523.64 as seen in the Coinmarketcap screenshot below.
And the closest thing to the prediction this week was with the $ 499.95 prediction
On behalf of @ lbi-token, I warmly congratulate you on your 5 LBI prize.
This prize will be sent to your wallet as soon as possible.
The New Contest
And now it is time to move on to the new contest, which as you already know consists of predicting the coin I described here yesterday.
So the question this week is;
WHAT IS 1 EWT (ENERGY WEB TOKEN) WORTH NEXT FRIDAY, MAY 21, 2021, 12:00 PM (CET TIME).
The answers again as usual for Thursday May 20, 6 pm as a comment on this contest post.
The chests are filled again, the choice is again yours what you choose to win if you are the lucky winner this week.
- Chest 1.5 LBI
- Chest 2.5 LEO
- Chest 3.2 SPI
Good luck all this week!