Market Watch: Great month for Golem so far – meanwhile, Bitcoin Cash is experiencing massive volatility
Holders of Golem are definitely happy that the bloodbath of July is finally over
Golem is enjoying a great August, mainly thanks to the recovering ETH, and is looking to bounce back to the heights of early June. However, with the release of Brass coming closer each day, many predict that GNT might be near $1 by the end of the year. Surely it's one of the better coins out there for the long-term, as I have previously mentioned.
This graph doesn't fully demonstrate how volatile this crypto has been this week.
On the other hand, a lot uncertainty is surrounding Bitcoin Cash at the moment. Whilst BTC is rising to all time highs, the newly-founded coin seems to be a massively volatile one as investors are still pondering whether it will have a future or not. As the BTH is barely past $200 at this moment, I would, however, predict that investing a little amount might not be such a bad move. Crypto enthusiasts will be eager to track each and every move of the new coin in order to make any sensible suggestions about the its future. Interesting times ahead for sure!
Good times for the holders of the original Bitcoin.
BTC on the other is experiencing great growth, and with the fall season around the corner, we can expect it's price only to increase during the latter part of the year as investors get back to work from holidays and 24h volume returns to the levels witnessed in May and June. Can you believe that this crypto was only worth $574 just a year ago? Neither can I.
We think alike! Upvoted!
My analysis recently nailed the bitcoin bottom and have made many profitable calls. Please check out my recent post:
https://steemit.com/bitcoin/@haejin/btc-analysis-update-for-short-term
Will do!
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