Sometimes I have to write about news events and major developments in the cryptospace. Other times I am able to write about speculative analysis of upcoming events and what their impact will be on the market, and underlying cryptocurrency. This speculation is what makes the cryptocurrency market such a profitable AND volatile space.
Last week I highlighted multiple coins that should have been purchased given what their next few weeks entailed, ZCL was one of them written about 3 or 4 times and has gone from $80 to over $200. Their fork is still ten days away and their whitepaper will be released “imminently.” ZCL I predicted would breach $200, and likely $300 if they have exchange support and no set-backs. They’ve already breached the $200 mark as of today! Think about this, people have been transferring their ZCL to wallets for the fork for the last few weeks. This means the available supply on exchanges is diminishing VERY quickly. Yet, as the fork approaches Demand soars. Supply down, demand up, basic econ. The price is about to skyrocket!
If you haven’t purchased ZCL I’d jump on the train as when the whitepaper is released which may happen today, tomorrow, or Wednesday, it will have another price surge. Their application to Binance is pending and Bittrex may or may not announce exchange support. The countdown continues until the fork. There are major catalysts that will drive ZCL higher, whether you believe in the BTCP fork (as I do) or want to ride the price of ZCL higher. ZCL at a price point of $200 currently should easily surpass $300 prior to the fork barring any setbacks.
LSK and VEN have major re-brandings this week (I expect LSK’s to benefit it more).
ETC and PRL should fly in price and continue to be accumulated for the next few weeks! They both have upcoming airdrops and much more positive news. I can’t spoil the whole article, read it here:
https://btcmanager.com/top-cryptocurrencies-for-week-feb-19-2018-lsk-ven-zcl-etc-gas-ltc-prl/?utm_source=onesignal&utm_medium=push
I always like to dabble in new ICOs and my current favorites are:
The first new ICO I like is Debitum:
https://debitum.network?a_aid=CryptoKing
Debitum already has a significant social media presence with approximately 10,000 Telegram members. This is one of those ICOs that never had a “huge” bonus with the max bonus being 20%. This ICO raised $2million in the first 2 hours of their crowdsale. Their hard cap is 20,000 ETH and they are about to pass 10,000. For the next short while there will be a bonus and then no bonus until the ICO’s completion. On Oct. 31st, Debitum won the d10e Jury and Audience ICO Pitch Competition in Gibraltar. This is the first time an ICO won both the jury and audience award. Debitum’s business plan is to leverage blockchain technology to distribute fiat investments to the small business financing world. Having already won prestigious awards (2!), having a solid Telegram community (10,000 members), and their last chance bonus provides the perfect ICO opportunity for those looking for a mid-February play!
The Second ICO I like is Vestarin:
https://vestarin.io/?ref=38b3eff8baf56627478ec76a704e9b52
This is a favorite more for the short term based on their ICO pricing. The ETH to VST rate is currently: 3000VST per 1ETH. This will decrease to 1500VST per ETH by the time of the actual ICO sale (we are in pre-sale currently). This means you will have made a 100% return heading into the beginning of the ICO if you purchased at the pre-sale price. On the ICO ranking websites anything above a 4 is usually considered great. ICO Bench gave this a 4.7.
If you want to know about the last few Moonshots or a detailed report on the ICOs mentioned read below (yes, this portion is copy and pasted I’m sorry there aren’t always updates on Moonshots):
Below is a quick analysis of the last 3 moonshots DRGN, DBC and
TNC:
The moonshot, DRGN, was the brainchild of Disney and in the middle of January’s correction built their website and ICO incubator. This was accomplished while most were watching the correction bringing DRGN from an ATH of almost $5.00 back to under $2.00. DRGN should yield 100–200% returns in the very short term with a maximum return of close to 10x for the next few months. DRGN is very volatile and can also be day traded on 20% swings. Personally, my KuCoin plays are buy and holds and DRGN seems no different. The Disney blockchain brainchild coupled with a functioning platform that was released very quietly in the last month. DRGN, DBC, and TNC have been the 3 BTCManager moonshots!
TNC is a scaling solution for NEO as it releases more ICOs. NEO is not congested yet, but once it is TNC is the solution. DBC is an artificial intelligence and supercomputing platform. Both TNC and DBC are NEP-5 tokens while DRGN is my first recent moonshot not on the NEO blockchain. DRGN should see a strong recovery with the rebound and a stronger 2018 than the majority of cryptos.
I want to write on topics you want to hear about! Please comment or PM me any topic ideas you want explored. I obviously cannot do specific coins, but I recently did “Privacy Coins” and “Supply Chain Cryptos” if you have any niche markets or concepts you want explored I’m here for you!
Binance is officially taking new traders!
Binance: https://www.binance.com/?ref=15316928
Cryptopia: https://www.cryptopia.co.nz/Register?referrer=JaketheCryptoKing
I appreciate all my loyal followers! I am trying to build a social media presence and would love if you followed me on Instagram and Twitter as well! For tips and strategy hours before being posted to the message boards follow on Instagram: JaketheCryptoKing and Twitter: JbtheCryptoKing. And now on Discord: https://discord.gg/qTjQp8W (join the group to reach me directly).
Nice post. I might buy some dragonchain:)
Interested to see the lisk rebranding!