Altcoin Awareness

in #bitcoin7 years ago


Bitshare
Trails on (BTS) Bitshare which had 0.000055 on the 8th day June 2017 was able to make 0.00017642 just in two days which was a rapid growth especially for those that bought below that price. However, the market did not close as expected on the 13th day of June making its participants see it as the bearish signal. This made it lose support and of course, it dropped to 0.00007 on 11th July for a period of three months and three weeks it lay low. After due considerations, its team decided to merge. The process took them approximately a month and three weeks. Immediately after its merging on 20th December, it increased and maintained its resistance at 0.000030. Bitshares has made some reconvening since then and as of today 4rd January 2018, it is trading at 0.00005314, it has its market cap at over two billion dollars and its price at $0.84.

It is observed that lesser altcoins cryptocurrencies have occupied more than fifty percent of cryptocurrency market cap with its worth above five billion dollars. This New Year attention has been drawn to lesser altcoins with (TRX) Tron which has reached a new record of 113% within seven days, and its price at $0.07

Dogecoin
The name Doge was an internet meme; it is a picture of SHIBA Inu dog. It became popular on the internet and was launched in December 2013 and now it is linked to a coin. Dogecoin has better features. It takes less than a minute to transfer money to its platform. It is only Dogecoin developers that can determine its limit else I would say that its production is limitless. Today its price is $0.009 but it has made an increase of 13.19% within seven days and it has a market cap of one billion dollars.

Tron (TRX)
Tron was created this year as a platform to help artists receive money from their consumers as they make use of their products. it is mainly for the purpose of information sharing which may be accurate or not depending on the artist, however, you cannot sue them for a wrong information. Another similar platform like that is steemit. It was created by some group of Chinese technical entrepreneur’s base at Singapore. Gradually it is becoming a king in the distributed economy as it holds more than ten million wallet users worldwide. Currently, Tron is trading at $0.1 with a market cap of $10 billion dollars and has gained 361.98% within seven days.

I will keep you updated as I make more research on altcoins. Thanks for reading, I appreciate.

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Am waiting for your update @jyzaza thanks for your enlightenment.

Okay, @udomu I will try and it fast even with other obligations. Thanks for your comment.

Tron is another currency to keep in mind.

Nice post @jyzaza
And I guess it time for me to buy Doge I could sense it at 1 dollar at the end of the year