Electra. A lighting fast crypto with a strong community.

Electra pic.png

Hello there, this is a blog about cryptocurrencies for the educated investor. I will try my best to produce high quality content once a week or more. I hope you find this channel informative and helpful. This is not financial advice, but I am a successful crypto investor.

ELECTRA is one of the projects that got very popular around December of 2017 when the entire cryptocurrency market was booming. I first saw and bought some Electra at the price of $0.00006 per coin not really expecting anything big to happen with this project, but I was just hoping something would. Electra rose all the way up to $0.008 per coin in a matter of days multiplying my initial investment by 100x. I ended up making a good return on my investment, but I wish I had invested more.

Fast forward to mid-July and Electra is at about $0.001 at the time I'm writing this article. I believe Electra is a great investment opportunity right now though and I think there's at least 5 reasons why:

1: Electra is a very fast coin with very low fees, and it is built on the NIST5 algorithm which is designed to be very fast without sacrificing security. The Electra desktop wallet is still one of fastest wallets around at the time for syncing to the blockchain.

2: Electra is a proof of work/POS coin and even though the supply is high the developers have been slowing down staking rewards in order to prevent inflation of the coin and keep the price from crashing. The POS rewards are still generous enough if you own enough of the coins to increase your position for the next bull run.

3: Electra has done of good job of branding itself as a user-friendly speedy coin with an awesome logo and a lot of marketing and advertising ahead of them. They plan on making several announcements in the next few weeks on Twitter to their 16.6 k followers.

4: Electra is still very undervalued in my opinion. Electra just made a partnership with Unifox Network which will allow them to be in at least 3,000 ATMs in the next year. Electra has an aggressive roadmap and plenty of milestones that they are trying to hit along the way. Take a look here: https://electraproject.org/roadmap/

5: Electra is a very popular project with over 16.6k followers on Twitter. I'm aware other coins have more followers, but its a decent number of followers for a project I think that is so undervalued. I believe when Electra starts making more of these announcements and partnerships their twitter followers will grow and hopefully the number of investors as well.

Hope you enjoyed this post. Please upvote, if you liked this post and leave a comment below. Thanks!

Sort:  

Great content and thank you for sharing.

I hope you will also support me as one of your Witness, vote for @Yehey

Thank you. Keep steeming good content.

Coin Marketplace

STEEM 0.26
TRX 0.26
JST 0.039
BTC 93726.51
ETH 3415.50
USDT 1.00
SBD 2.48