Aug 24. Cryptocurrency predictions: Litecoin, Golem, Basic Attention Token, Ripple
Litecoin (LTC)
While the rest of the world waits for institutional investment into the the cryptospace, Korean institutional money has already started to flow. Their exchangeS lobbied for regulation for exchanges to create a barrier of entry. Korean exchanges are mostly owned by the large corporations. The coins available on the Bithumb exchange have been rallying one by one. Litecoin is the next one after ripple to get fomo money from bithumb. News of Lightning Network v0.3 Alpha has also kept Litecoin positive. Perfect time for this to happen due to sideways prices in LTC and rapid adoption from the mum and dads in South Korea jumping on the bandwagon.
The Golem Project (GNT)
They recently updated their milestone development of Brass Golem. Was meant to be done in May but delayed. Expected sometime this year. Interest and price has been steadily dropping, while people following closely are still waiting for milestones to be reached. When its released, expect a price surge with a spike in public interest for the project. It looks promising and undervalued.
Basic Attention Token (BAT)
Has a great working product and team led by creator of javascript and excellent high profile team. Their Brave (internet) browser has a lot of downloads. Exciting product and revenue model and team. Brave browser users will all be given a wallet likely some time in Sep 2017 and their working product will be complemented with a working ecosystem. Price to surge when this happens.
Ripple (XRP)
Korean exchange Bithumb has been fomoing into Ripple and price is surging. Teaser news is saying that Ripple is about to release news about business partnerships with Korean banks. Institutional money from Korea has entered. Monero is going to be listed on Bithumb soon and caused a price surge on speculation that this will follow a big flow of institutional investment from Korea. Ethereum Classic is similar as it is the only remaining coin listed on Bithumb which hasn't seen a huge surge in volume from Korea.
I will be posting more crypto tips here. My predictions for the coins I have been following have been profitable for me and my friends and I feel confident that sharing these posts will help others too.
-not financial advice-
Great stuff!
Thanks!
Excellent information. Cheers!
Cheers! We are all initforthemoney in some way or another
Disclaimer: I am just a bot trying to be helpful.
Very good post. I was about to start a similair discussion. The decision to buy a coin should be based on real analysis of the coin. I found that people keep buying coins without have any knowledge of them. This is considered high risk. I really advice people to take a look at: https://www.coincheckup.com. I'm really happy with this site that gives complete coin analysis for every single crypto. Check: https://www.coincheckup.com/coins/Basic Attention Token#analysis For the Basic Attention Token Indepth analysis
Very good post. I was about to post a similair thread. The coin market will be turbulent for the upcoming year(s) but I really believe in the blockchain as a technology. We really need more insights in the market and previous investment results. I found this great website: https://www.coincheckup.com I'm really enthusiastic about this site, they let you analyze every single coin out there.