Hot Coins 🔥 Monaco, Cindicator and REQ

Week of December 17th, 2017

MCO (Monaco) -  Monaco a project that is building a crypto debit card which will allow you to effectively use your cryptocurrency as fiat money. The team has partnered with VISA as a program manager, and is offering a means to exchange any currency at rates that are 1/8th the fees offered by banks. The MCO token must be held to utilize the Monaco card, and is offered as ‘cash-back’ incentive on a few card offerings, which is a strong utility compared to other projects.  MCO trades at $16 (USD) on Bittrex today and volume has picked up heavily in December for the token. Monaco has big potential, and is looking like a solid hold as the team continues to deliver on roadmap.

Use Monaco app to send money without fees at perfect interbank rates. Your friends will receive it instantly and can access the funds immediately with their Monaco card.” -(mona.co)

CND (Cindicator) - Cindicator is a decentralized, community-driven infrastructure which provides updates and access to key trading information in real time. The information is provided by taking historical data and reviewing the performance of millions of analysts opinions- using the complex of statistical tools and machine-learning approaches  Often, arbitrage scenarios arise amongst cryptocurrency exchanges in the cryptocurrency and CND allows traders to immediately identify key info such as: ‘Bid on BTC/USD is higher on exchange A than ask on exchange B by 13.9%’   CND tokens allow you to access the app and are trading at just $0.03 (USD) on Binance at the moment. With a strong token utilitiy and a recent mention by the vastly followed Palm Beach Confidential team, momentum should continue here...

REQ (Request for Network) - Request for Network is a decentralized network which allows for anyone to request a payment (invoice) for which the recipient can effectively pay in a secured way. It is built on the Ethereum blockchain ledger and aims to be independent from other currencies, monetary policies, or technological choices, in order to build the most robust system possible. The project created an authentic ledger, allowing for complete transparency which is critical for public factions such as government. This may seem contrary to the narrative of cryptocurrencies being anonymous, but this provides a more realistic integration to the world as it operates today. Since hitting exchanges in October at $0.03 (USD), the token has rocketed 800+% and is trading at $0.28 on Binance today.

 

The opinions expressed on Crypto Bull are in no way financial advice and are only opinions. We are not responsible for any losses incurred as a result of reading our blog.

 

Hot Coins 🔥 RaiBlocks, Komodo, Bitcoin & Litecoin

Week of Dec 10th, 2017

XRB (RaiBlocks) - We've seen interest in XRB increase dramatically in the past few days, driven by recognition of IOTA (a very similar cryptocurrency). Although while IOTA target Machine to Machine transactions for the Internet of things, XRB target Person 2 Person transaction and is designed as a store of value for micro-payments. Instant transactions, no fees, infinitely scalable, and utilizing a Proof of Stake consensus method, we see XRB as finally getting the recognition it deserves.  The coin is expected to list on a fourth exchange in December, has a new iOS developer working on an iPhone app, and is still a relative newcomer to the top 100 coin charts. 1/20th the total coin supply of IOTA, but only 25% of the price, and with a new whitepaper/community guide written in the past few days. RaiBlocks seems to be undervalued in the short and medium term, trading at $1.15 at the moment on BitGrail.

BTC (Bitcoin) - Bitcoin has been down trending the past few days after a mega surge. With futures going live on NY exchanges this week, I'm not sure anyone knows exactly what happens - but I know traders like to 'buy the dip'. Furthermore, BTC is the grand daddy of crypto at this point and is worth allocating some of your portfolio to in any scenario.

LTC (LiteCoin) - After dropping off the past week, LTC has surged in the past few days, and it wouldn't surprise us to see it continue. What differentiates LiteCoin from Bitcoin is SPEED, while BTC takes 10 minutes to process a block, LTC network takes just a tad over 2 minutes. Another big factor is that Litecoin has the capability to produce a total of 84 million units, compared to Bitcoin's 21 million. Even thought the potential circulation of LTC is 4 times that of BTC, it is valued at 1/150th of the price at $95 right now.... If that isn't enough to convince you, did you forget it's way faster than Bitcoin?

KMD (Komodo) - Komodo draws comparisons to Monero, a project to build private and untraceable networks. Monero is focusing on its status as a privacy-based cryptocurrency, whereas Komodo is focus on establishing an open-source blockchain ecosystem, and it includes built-in privacy options. Komodo It's a bit of a long shot but has a lot of room to run if they deliver on some upcoming road map, and trades at $3.24 on Binance.

 

 

The opinions expressed on Crypto Bull are in no way financial advice and are only opinions. We are not responsible for any losses incurred as a result of reading our blog.

 

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Hot Coins 🔥 Waltonchain, NEO and Cardano

Week of Dec 3, 2017

WTC (Waltonchain) - Walton has been on a ripper and it appears people have caught on to the value in the project. WTC is building an RFID blockchain that will empower micro chips to better track everything from clothing to drones. The team is strong and they already have backing from large corporations and the Chinese government. After a 100% run up in price this week, there will likely be a pullback, but crazier things have happened in crypto, and its trading at $9.10 on Binance.

NEO (NEO) has been fairly steady these past few weeks, but continue to have one of the strongest developer communities out there. NEO trades at $42 at the moment, but is extremely well established and any network positioned to be the premier blockchain ecosystem in China is definitely worth having in the portfolio.

ADA (Cardano) - Cardano has also seen a large burst in volume and a bit of a moon pump.  The market cap is now in the top 10 and it will be interesting to see what happens this week. The network promises unmatched privacy and is written in Haskell, which is enables code to be written in a more secure matter. The network also intends to issue an ADA debit card. Considering it was created by an Ethereum founder, it's worth considering. It currently trades at $0.10 on Bittrex.

 

 

The opinions expressed on Crypto Bull are in no way financial advice and are only opinions. We are not responsible for any losses incurred as a result of reading our blog.

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