4 Cryptocurrencies Preparing to Skyrocket

in #cryptocurrency7 years ago

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Now as suggested by the tittle of the article, there are currently 4 cryptos that I in particular are hiding enormous value and are going to explode in the next few weeks/months.

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Now this bad boy right here, NEO, is the first I would like to mention. I'm sure most of you have heard about the ghost month occurring across some Asian countries, if not you can read about it here. Anyway this ghost month will be coming to an end in the coming weeks and I believe that currently we are seeing NEO at a price that could well be the lowest you will see it possibly ever again - I believe that it will make quite a speedy recovery as the ghost month ends. On top of this there has also been some information to suggest that NEO will be implementing some new ICO regulations to their already sturdy network, if this all goes to plan it should be very beneficial and reflect on NEO's price.

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TenX is the next crypto I would like to mention, my reasoning behind this one goes hand in hand with that of NEO. The end of the ghost month will start to see rapid recovery on the price of TenX, along with this however is the rise and fall of 'Monaco'. Monaco is basically along the same lines of TenX in that it is another company building a crypto debit card, Monaco saw an unbelievable jump in it's price over the past couple of weeks - however this was seemingly short-lived. The price of Monaco then dropped an extremely substantial amount as investors began losing faith as news begin to arise stating that the creators of the project under investigation for fraud. This being said, it should provide as some good traction for TenX to begin taking control of the market for this particular product as one of their competitors (who seemed scary for a moment) are slowly losing confidence.

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After a large spike in price, Nexus has recently taken a bit of a dip and is not looking particularly stable. Although, it has been stated that a conference will be taking place towards the end of this month. Now conferences have been known to attract a bit of attention and prices tend to rise pretty steadily in the lead up - just take NEO for example; before rebranding from Antshares, in a lead up to their conference the price of their coin saw a huge spike. It is also believed that this conference, for Nexus, will grab the attention of mainstream media and this would be huge for the growth of the coin.

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The final crypto that I would like to talk about is Verge, this is one I have been looking at a fair bit lately. Verge was originally born from a dogecoin hard fork, and currently has an extremely active development team that have been doing big things. There has been a lot of upward movement lately for Verge and this has been for good reasons; Verge are very well accredited for their anonymity as the run on the Tor network and have been said to be more anonymous that mainstream coins that are basically branded around anonymity (Monero, Dash, ZCash, etc). On top of this they have very fast transaction speeds and they and are very secure, it has also been said that if you lose details for your wallet it is possible to recover it (I'm not actually 100% sure as I didn't read into this, just skim read it in an article) - and obviously they have made it so that this way of recovering your wallet details cannot be exploited by other people, or at least it is extremely difficult (and near impossible).
One last thing I would like to add about Verge is they have recently seen adoption by a few mainstream social media platforms, these being Twitter and Discord. It is now possible to make anonymous donations through Twitter in Verge, as well as sending money amongst users on Discord.

Thank you all for reading, I hope this article has been insightful! Feel free to comment any other crypto you think may be sleeping giants at the moment, I would love to hear what you think.

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I got in NEO when it was antshares and believe in the project but gotta love the recent ghost month thing like we all forgot about China temporarily suspending ALL of the ICOs, crypto is so fun

Yes, me too! Yeah there is always something going on

Great article! Thanks!

No worries - glad you enjoyed it!

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