Hello my fellow steemitians! Do you enjoy the sea of green in cryptomarket as I do? This market conditions are good for new projects. Some of them can give a 100% increase on the day they hit first exchange. Some of them can go down into nothing even faster. Coinmarketcap has added several new projects at once. Let’s look at tokens with the biggest trading volume.

Before we go any further, I want to remind you this article is not a financial advice. I’m not a financial advisor of any kind. The article was created for solely entertainment purpose.

Auctus (AUC)

Coinmarketcap | Website

Auctus claims to be the world's first blockchain based retirement plan platform, which allows users to create diversified portfolios, consisting of traditional asset classes and cryptocurrencies. Auctus' mission is to empower the retirement saver and provide the information needed to take well-informed decisions by utilizing Ethereum smart contracts and robo advisory. I’m almost sure I saw a similar project already, but I can’t recall the name. Ok, let’s look at the project.

• Has a good trading volume of $1 912 500 while listed on IDEX only. It’s hard to believe any project can have such a volume on DEX. It makes me question this data.
• Coinmarketcap points to a wrong twitter account. Why Auctus team doesn’t work with CMC to fix it? Twitter account itself is normally managed and has 8k followers.
• Website is nothing special, but steal explains the project well. I don’t see anything special about advisors or team either.
• Telegram has 8k members. The discussion is mostly positive.
• Has a normal rating of 3.8 on ICObench from a lot of experts. This is a good sign.
• 34 pages of discussion of bitcointalk. Had a bounty and an airdrop.

The idea itself is interesting. I think millennials will like it. At the same time for now execution doesn’t looks good. Platform is not ready yet, token is not listed on any good exchanges, no hype for the project. I don’t think that this project will do well in a long or short term.

BrahmaOS (BRM)

Coinmarketcap | Website

Brahma OS is an operating system that hosts decentralized networks by enabling the deconstruction of existing services and the use of a wide range of decentralized services and components to ensure that users can safely and easily access services on the blockchain and application. As an IT specialist, I don’t think there is a demand for such an OS, but let’s look at the project.

• Has a low 24h volume of $291 533 and is listed on DDEX only.
• Twitter is well managed, but has only 3,6k followers. This is too few for a good project.
• Website is ok. It lists partners and advisors, J.P.Morgan, Citibank and Huawei are among them.
• Telegram has 27k members, this is a good number. Admins are active and helpful.
• I don’t see profiles on any popular ICO platforms.
• I can see only one page on bitcointalk. People question project partnerships. There was an airdrop, I can’t see any bounty.

Something is not right with this project. They claim to be big, to have amazing partners, but they are not even listed on any solid exchanges. This is impossible. I can’t trust their partnerships at all. Team ignores ICO hubs and bitcointalk, this is not what we used to see for successful projects.

Monero Classic (XMC)

Coinmarketcap | Website

To prevent ASICs, Monero development team intend to initiate this hardfork by changing CryptoNight algorithm, and planed to implement hardfork at block height 1546,000. MoneroClassic keeps the original chain, does not change CryptoNight algorithm, and remains ASIC-friendly.

• Has a good volume of $1 218 850 and is traded on Gate.io. Most hard forks die instantly as there are no buyers. It seems this one is little bit different.
• Twitter is ok for a hard fork, but it has only 464 followers.
• Website may be considered as non-existent. It is there to provide some links only.
• Telegram has 515 members.
• I can see only 2 pages on bitcointalk. It seems people are not all into it.

I don’t like hard forks. There should be a valid reason to do one. For me ASIC resistance is not a valid reason. It seems team working well to provide wallets, but will it be enough? I don’t think that this idea will be supported. It seems at least for now community is still backing XMR.

Disclaimer

I’m not a financial of any kind. I encourage you to check all information yourself and make decision only based on your own opinion. All articles are created for solely entertainment purpose.

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