SMALL CAP ANALYSIS
Hey everyone! So im writing this post during what I think is the last of the Bitcoin perils, with bitcoin hitting monthly lows of less than $9k USD! But dont worry! I have some cryptocurrency info and price predictions that can help some of you get back some of the gains you lost during these last few terrible days!
On top of that, after one week of this post being live, I will be giving away one STEEM token to the followers of my blog! I had a disgruntled blogger come and attack my page with flags and downvotes, and its really hurt my following so far! So, as a result, I have decided to grow some buzz around my channel with weekly cryptocurrency giveaways for being active within my blog-space! Details for this weeks giveaway are at the bottom of this post!
#1 Simple Token (OST)
For the intro to OST, im just going to let the companies catchphrase, which can be found on their website, speak for itself. Cant' really do a better job than they already have, introduction-wise.
"The Simple Token Solution: Launch your own Branded Tokens and turn your business into a dynamic ecosystem. The OpenST protocol enables any business to stake Simple Tokens against minting their own Branded Tokens. The Simple Token Software-as-a-Service gives you the tools to manage, customize, and analyze your token economy"
Have business or thinking about creating one? Want to be at the forefront of blockchain adoption within your niche or industry? Well, I think SimpleToken is something you need to look into. Heres why:
OST / BTC
Other than the analytics pointing to an eventual breakout, Simple Token fills two VERY important niche's within the crypto-space and checks off all my boxes for an undervalued, sleeping giant. Scalability & Mass-Adoption. As cryptocurrencies begin to be brought into the proverbial "light" in terms of adoption & consumer-comfort, there needs to be a simple, easy, yet sensible path for companies to take in order to get them into the blockchain and primed for success. As this community has already experienced, developing one's own block chain and subsequently supporting said blockchain with updates in order to provide a functioning scalable product, is expensive & time-consuming - to say the least. Simple Token comes in with a way to function within the blockchain without having to allocate funds towards the upkeep and adoption of one's own proprietary blockchain. This idea solves the glaring problem of bringing in software guru's and keeps overhead in companies that just couldnt afford it, to a minimum.
Look for OST to breakout and find support at an All Time High in the month of February. Get in now, or forever hold your peace.
#2 0x (ZRX)
0x, the development team that created and introduced the Zero X Protocol, is attempting to do the glaringly obvious, but hyper-difficult - make swapping between any two, un-paired, unequivocally-priced a quick, scalable, and secure reality. By introducing the Zero X Protocol, the first protocol proven to successfully perform an "atomic swap", they have done so. And, for some reason, have flown under the radar for some time. Lets dive into some technical analysis...
ZRX / BTC
ZRX took a significant hit during the early January market correction, but has since shown some resiliency. With a circulating supply of just over 500 million, its price is somewhat capped due to such a large amount of coins being held and traded - but don't overlook this project. Having tested and completed an atomic swap, ZRX stands to be a formidable force in the crypto-sphere. Being a day trader myself, its not hard to see the value in a coin that can be used to perform atomic swaps across blockchains. Every time I need to buy something in a Bitcoin market but have an ERC-20 token, I have to manually sell into ETH, buy BTC, and then swap for my desired token. All those actions, and more, could be accomplished using the Zero X Protocol (in theory). Anything that saves time, mitigates "operator" or "trader" error and also upholds the desired level of security, in my humble opinion, is something that high value should be placed upon.
Look for ZRX to continue to report on its testing and partnerships - should ZRX become the "standard" in atomic swaps, I could see ZRX becoming a Medium to Large Cap market player by 2019.
#3 Bread (BRD)
Bread has a mission to become the first, all-in-one, mobile wallet for Cryptocurrencies supported on both major mobile phone platforms - Android & iOS. With a functioning wallet already on the Appstore in both platforms, Bread Token as positioned itself as a market leader and pioneer in the ERC-20 token space as well as the all-in-one mobile wallet service provider. Lets take a look at its recent price action.
BRD/BTC
BRD has recently broke out from a significant price consolidation, outlined in grey, where markets saw the coin fall from its all time high of ~20k satoshi's to a low of approximately 10k satoshi's during the significant market correction, which many suppose was due to a large amount of fear, uncertainty and doubt within Asian markets after South Korean law enforcement shut down three major exchanges, after which multiple South Korean Government officials were accused of insider trading when large amounts of cryptocurrencies were found to be have been dumped just before the executive actions performed within South Korea (price action circled in Red).
Look for BRD to announce testing and confirmation of its ERC-20 wallet beta, and once public, the information to cause a large spike in volumes associated with the BRD token.
Well, folks! That does it for my weekly update in cryptocurrencies. I hope the photographic data and market-trend analysis has helped you put in to perspective the upcoming trends within the crypto-space, and I also hope some of you have shifted your thinking to try and find those "market leading ideas" which can bring large value to your investment.
PLEASE like and share if you found this helpful! Follow ColeWorld for all things cannabis, all things crypto, and surely, all things Cole!
Now for the giveaway! So over the next week, I welcome all my followers to "enter" themselves in a giveaway!
Criteria for Winning:
1) Upvote this post
2) Follow my blog - ColeWorld - for WEEKLY crypto-updates and free cryptocurrency
3) Comment on this post, including any feedback you have as well as your STEEM wallet address in case you win!
Thats it! Thats all you have to do! One week from today I will be selecting one winner that fulfills the criteria for winning and perfroming the giveaway! Im going to be doing this once a week, every week, and as time goes on and my page grows, the prize will be bigger and more valuable. But first, to start, we gotta start somewhere and STEEM is a great place to start.
Great post. 0x has been on my watch list for a while. Looking to buy some eth soon waiting for the price to drop a bit more. Buy in in 2 installments 1 at 800 usd and the the second installment if it drops lower. Then I'll pick up some 0x and some more ada.
Hey! Thanks so much for your feedback! Youre all good for the giveaway!
If you enjoyed my analysis on these, I have posted a very similar charted analysis about the big three (ETH/BTC/LTC) and others on my blog in the past week! Give those an upvote if they help you put this week of trading in perspective!
& if you really liked this enough to recommend the analysis to others, give this a re-steem! I wanna get this information out to others so we can all benefit!
Thanks again! really appreciate you!
Hey man. Cool post. Sorry to hear about the dramas you’ve been having.
Thanks man! Appreciate the love. Your good for the giveaway! If you liked this post, check out the medium-cap price predictions I offered yesterday. Might have some good info for you!
Nice post!! So if you fell comfortable saying who is this disgruntled blogger? And I’m not sure about my steem wallet address but all you have to do is transfer and in the address section scroll down box should be all your followers. I’ll resteem this post to hopefully get you a few followers 👍
Yeah his name is Pawsdog.... real jerk. I commented on his post very nicely, and then at the end kinda plugged my page and he came in downvoting everything i had, flagging me, I lost like 7 points on my steem influence (that number next to my name) and its been tough!
I appreciate the hell out of you tho! I wanna give you this steem coin now lol but I think Imma be fair and wait! who knows, with how little exposure my posts get you may be one of the only ones who enter and have a fantastic chance at winning.
One Love
-ColeWorld
That sucks. One thing i try not to do is tell people to check out my page but sometimes i do though. I find if you write meaningful comments usually sombody checks out my page. At first I was commenting on every post, just a few words. But i found out if you post on something you like with a meaningful comment they will come👍 Keep your head up high and steem on!
Your Steem wallet address is simply your username.
Learn something new everyday! Lol thanks
Simple Token sounds pretty interesting, well written
You're all set for the giveaway!
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