Three Cryptocurrencies you should Definitely watch out for

2018-10-1 23:16

I took a quick review online and realized that most of the cryptocurrency analysts usually recommend the popular coins like Bitcoin, Bitcoin Cash and Ethereum to buyers. For whatever reasons, people also prefer to invest in an asset that is quite popular in the market and then catches the train of the unpopular ones when moving.

In a bid to present cryptocurrencies that are rarely seen in the investor’s portfolio, this post presents three cryptocurrencies you should watch out.

Dash

Dash is not new to investors considering its position on the Coinmarketcap rankings. This cryptocurrency has one of the best features that is feasible to price bull run. Dash has an available supply of 8 million, which is almost half the available supply of Bitcoin. Remember that the available supply of every cryptocurrency determines how far its price can go.

The market cap of a digital asset has to equal the available supply before the asset trade at a dollar, and once the market cap becomes larger than the available supply, the asset trade more than a dollar (Market cap/ Available supply = Price).

Dash was trading at $0.2 in early 2014, but surged to an all-time high of approximately $1541 in December 2017, before falling with the rest of the digital assets to trade at a current price of $187. It is worth noting that Dash will get back to the triple-digit easily when the market overcomes the recession, and this will be as a result of the size of its available supply.

Maker

Maker is an asset-backed cryptocurrency that presents itself as a frictionless, stable and decentralized cryptocurrency. This cryptocurrency is currently trading at $465, after rising from a $22 all-time low on 29 January 2017 to a $1687 all-time high on 21 January 2018. This digital asset has an available supply of 728,228. This feature makes it very promising, and a must-buy.

Zcash

Finally, Zcash is one of the cryptocurrencies that investors should watch out. Times like this should be an opportunity to get the assets the once surged in price beyond our purchasing power. Zcash traded at an all-time high of $4293 on 29 October 2018, after recording $26 on late February 2017. It has an available supply of 4887 and a current price of $134.

Investors should always do their research on the team behind the cryptocurrency they want to invest in and also take a look at the whitepaper of the coin before investing, even though the available supply of a cryptocurrency is essential in its price performance in the long run, the Market is still a highly volatile one so you most definitely should invest wisely.

The post Three Cryptocurrencies you should Definitely watch out for appeared first on ZyCrypto.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 95516.41 (-0.37%)
Объем 24H $66.287b
Изменеия 24h: -0.24 %, 7d: 3.59 %
Cегодня L: $93967.9 - H: $96238.42
Капитализация $1890.324b Rank 1
Цена в час новости $ 6611.77 (1344.64%)

popular bitcoin three should definitely watch out

popular bitcoin → Результатов: 126


WSJ Investigation: ShapeShift Is Being Used by Criminals, Illogical Comparison

An investigative report has been published regarding the popular crypto exchange ShapeShift AG, a firm that is registered in Switzerland. Money laundering is the problem at hand, and the report highlights a potentially worrying theme: that ShapeShift enables anonymous users to convert Bitcoin–which authorities can’t track–into other digital currencies that allow for much more anonymity.

2018-9-29 09:02


Фото:

Popular Bitcoin Wallet Samourai Ditches All Government Currencies

In what could be construed as calling the casual enthusiast’s bluff, BTC maximalists at the Samourai project announced, “All fiat currency conversions have been removed from Samourai Wallet. We understand this may inconvenience some, it may even be enough to cause us to lose some users, but we believe it is fundamental that our existing […] The post Popular Bitcoin Wallet Samourai Ditches All Government Currencies appeared first on Bitcoin News.

2018-9-29 08:25


Фото:

Coinbase Want To Attract More Than Just Institutional Investment

Coinbase have been accused of only wanting to attract institutional investors, however their latest move is one that has been designed entirely for low level and inexperienced investors. Coinbase Bundle is a new platform that is being launched by the popular US exchange in order to make it easier for new investors to invest in cryptocurrency.

2018-9-28 21:30


Фото:

Bitcoin Cash Fans Launch Bitcoincashtalk as an Alternative to Bitcointalk

Bitcoincashtalk was born as a new forum to promote the interaction among Bitcoin Cash fans; however its description is already a little controversial, as are many of the actions taken by the advocates of this popular altcoin: “Bitcoin Cash Talk is a community forum for all discussion related to Bitcoin as a peer-to-peer electronic cash […] The post Bitcoin Cash Fans Launch Bitcoincashtalk as an Alternative to Bitcointalk appeared first on Ethereum World News.

2018-9-23 02:34


Fourth-Largest Exchange Bitfinex Launches A Decentralized Ethereum Exchange

Decentralized exchanges have been touted as the future of the market, especially since they give back the control to the users as Satoshi first set out to do when he developed Bitcoin. However, despite the great promise, they have failed to gain traction, with even the most popular struggling to crack into the top 100 […] The post Fourth-Largest Exchange Bitfinex Launches A Decentralized Ethereum Exchange appeared first on NullTX.

2018-9-19 00:00


Фото:

The Daily: Wirex Expands to Canada, Coin Stats Syncs Exchange Transactions

Wirex, the popular European crypto card provider, has announced it’s expanding to Canada and we have the details covered in The Daily. Also in the rubric, the Coin Stats mobile app now synchronizes transactions from several exchanges, a coin claiming to have AML and KYC features is listed on a major exchange, and the UK […] The post The Daily: Wirex Expands to Canada, Coin Stats Syncs Exchange Transactions appeared first on Bitcoin News.

2018-9-17 14:55