Good Morning Friends,
Over the past year I have been obsessing over the crypto currency market and I believe that over that time (which feels much longer that just a year) I have accumulated a great bit of knowledge on the subject of cryptocurrencies and investing. Therefore I have decided to give some of this knowledge and countless hours spent researching back to you guys! All I ask for is positive feedback and discussion on this post.
Over the next few months I will be going over different coins in the market that I believe to have great potential for success and that are still greatly undervalued. Now don't get me wrong, these are NOT going to be pump coin suggestions, (PacCoin, MoonCoin, Dogecoin, etc.) you guys know the ones I'm talking about. My suggestions are going to be coins that I see that are undervalued based on whether or not they have a working product, what their roadmap and white paper consist of, what kind of backing they have, just to name a few things. I am looking for legitimate long term holds that will be around for the future of crypto currency and will be there to make you a lot of money!
*Disclaimer: This is not financial advice, this is just my opinion.
Ok, So that being said let's get to the good stuff:
Po.et (POE)
Po.et is a shared, universal ledger designed to track ownership and attribution for the world's digital creative assets.
Po.et uses the blockchain to timestamp anything from articles to liscences, and they are expanding with plans to roll out this feature for audio and digital creations as well. Their official Word Press app integration is set to debut this quarter, Q1 2018, which will be huge news for Po.et and should give them much deserved attention and see a significant jump in price as well. Once the Po.et marketplace opens, content creators will be able to sell their work directly to buyers without having to use a third party. This is a huge step for bringing rights to content creators as so often now, articles and other works are so often stolen and plagiarized because many creators do not have the time and money to patent every article they write or piece of information that they publish. This is the problem that Po.et is eager to fix, which will reward those who are out there getting real information and not those who just copy what they read on the internet or hear from other sources.
I believe that this project is really poised for huge success this year and beyond due to their product which you can try the AlphaTest Net now at their website, https://po.et, as well as their roadmap and team. Some of their backers have worked at places such as Samsung, Yahoo, Fenbushi, as well as creators of BTC and ETH. With this kind of experience and track record I see Po.et being a big winner. Also, if you look at the total supply of POE compared to something like TRON, there are 97 billion more TRON coins available that there re Po.et coins, yet we see the price of these two coins at very similar levels. With that type of circulating supply for Po.et, it deserves to be valued much higher. Even look at Ripple, it has the same total supply as TRON yet was worth over $3.00 at one point. This shows just how much POE is undervalued compared to some of its peers.
Moving on to some technical analysis, Po.et also has yet to see a huge recovery after the crash a couple weeks ago leaving it still very undervalued. I believe that an excellent entry point is around .10-.11 cents as Po.et had seen highs of .24 cents before the crash, which means its basically over a 50% discount right now from all time highs, and the market is showing great poise for another breakout soon as we are seeing BTC futures coming to an end. I would not be surprised to see Po.et break over its all time highs again very soon!
What do you guys think? I am very bullish on this project and cannot wait to hear the news of the Word Press integration as I think that will be a huge step coming very soon for Po.et. Leave a comment!
Kyle