AppCoins (APPC) is a new-crypto currency meant to take advantage of the app economy. With a built in user base of 200M users on the Aptoide store, it has the attention of many crypto investors. This report shows just why now is the perfect time to invest in the new crypto. https://appcoins.io/en

Summary

Unlike the majority of new cryptos, where network adoption requires users to actively download a wallet or participate in mining or staking, AppCoins has a built in user base of 200 Million users as it intends to replace the usage of fiat currency for app purchases.

This article will focus little emphasis on the fundamental aspects of the AppCoins project that make it a good investment, rather it will place emphasis on the technical and qualititaive aspects of the coin that seem to have it poised for a large increase in value in the coming weeks.

Technical Analysis

AppCoins was listed on Binance on 1/5/18, and saw massive amounts of trading in first few days of trading. It is currently only traded on Binance, however the team has indicated that they are in negotiations for listings on new exchanges.

The chart above show the XABCD triangle patterns for the first few days of trading. A continuation of the pattern would indicate a price target of $7.50 to be reached within 36-72 hours. Additional technical analysis is difficult to perform because of the lack of time that the coin has been trading as of 1/9/18.

Compared to other ERC-20 tokens with $800mln+ market caps, APPC has shown tremendous volatility in its initial days of trading as shown in the chart below:

(Comparison with EOS, QTM, OMG, SNT, FUN)

Reasons Why APPC Is Under Valued

1. No Visibility To Market Yet

   Both CoinMarketCap (https://coinmarketcap.com/) and EtherScan (https://etherscan.io/tokens) are currently tracking APPC, but have not yet (as of date of this article) listed the APPC's market cap ranking. Many crypto investors rely on these sites to track their coins, and once these sites list APPC, it's visibility should be much higher to the crypto community.
2. Coin Burn Means Less Supply
   _{Data Source: https://appcoins.io/en}

   Appcoins completed a burn of unsold coins on 1/9/18 reducing expected supply from 450 million coins to 246 million coins. Total circulating supply is 98 million coins. At current market price of $3.00, this yields a market cap of $300 million for APPC.

   This reduction in supply is not yet visible to most of the market, a factor that is not likely built into many of the quantitative trading models that invest in crypto. Once investors realize that the mkt cap is less than half of their models, they will likely increase their position sizes.

3. Much More Development Progress Than Other Cryptos Recent crypto darlings such as TRON (TRX) show much less development progress than APPC. To put this into perspective, TRON has a market cap of $10 Billion. Thus if APPC were to grow to the size of TRON, it would equal a 33x increase in the investment if purchased at the time of this article.