Stox Investment Analysis
Background
- A new competitor in the predictions market.
- Market capitalization of around $50 million. (Significantly is less than a quarter of its competitors Augur and Gnosis)
- Trading in smaller exchanges such as Liqui, HitBTC and EtherDelta.
Price Action Catalysts:
- Expect a price jump on Bittrex listing announcement.
- Expect a lot of price volatility towards the 'special surprise' before 26th August.
- After the listing onto the major exchanges, expect a gradual climb to become at least on par with its major competitors, Augur and Gnosis.
Must read:
Ratings:
- Short term investment (< 1 week): 4/10
- Medium term investment (1 week ~ 3 months): 9/10
- Long term investment (> 3months): 6/10
Recommended Purchase Price
Anywhere below 0.0004 BTC
Thank you, it seems like Stox is a direct competitor of Gnosis and Augur with a single token economy. It will flourish greatly in the future.
Alt coins coming and going bitcoin will be winner at the last. thank for sharing.
I agree with you. Weaker alt coins will be weeded out and the stronger ones will emerge victorious.
Does anyone know if they gave Mayweather tokens or are they just paying him to promote it.
I have been hearing rumours that Stox will be advertising on Mayweather's ring cushion.