Bitcoin Forum

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Based on price movement and social media presence

The market has been taking a hit lately. However, some altcoins are shining across social channels. Will this equate to mitigated drops, and even outsized performance once the market flips?

More Industry Statistics (https://t.me/daomaker)

Good list of uprising coins right there. It's shocking and at the same time, good to see other coins taking their own path amidst this market and stocks crash. Another interesting info I found is with Coinbase's ex-CTO's investment (https://www.avalabs.org/?utm_source=lx) with AVA. They simply allow anyone to create his/her own blockchain with customizable options. Additionally, you can also issue tokens without worrying about scalability or transparency as AVA is decentralized and can achieve higher transaction speeds than VISA. These companies have strong teams that are built ready for recession.

Wazir is still not yet loosing its hype and it looks like the developer behind the project was also actively doing regular update and report to make the investors of wazir and traders feel convenience with the market.
If that was still having a very good performance and that's a usual thing. We must see what will be happening with wazir for the next months and there will be a question about can wazir have the same performance in the future?

It all boils down to the hype of the project that's why it is still thriving even in this pandemic.

Yes, the people behind are doing their jobs, promoting their social media presence, but this could get ugly and everyone could really suffer from this panic. Remember that all global markets for me is related to one another, as we have seen traditional markets also tumbling down together with crypto.

With that said, yes they might be trending for now, but the question, is the project going to sustain it despite the impending global recessions?

Good to see that some of the popular coins are doing well in the recession?

Happy to see it but I am not investing on coins that is pumping at this time, I am looking for some great value to accumulate and that's those coins which are consistent as they are likely undervalued right now which I believe when they recover, getting profitable is easy.

Even they grow at the moment, but I would not make any judgement right now as the market is quite unstable, so that price increase might be manipulated too.

Great list WazirX was on the top spot, I remember someone has accused it as a potential scam, but it was lack of proof and evidence to support it,thats why it was a nonsense accusation, by the way, I think people are still actively supporting their favorite cryptocurrency beside of what happened in the market recently the evidence is clearly seen on this list. thats why I believe that it was happening for a reason.

I was aware of the false accusation on this forum and the proof from the accuser is not genuine enough, I made mention that binance is involve with wazirx, if the project turned scam binance reputation will be ruined, I'm sure thats the last thing binance CEO want now

Very true. Less known coins are easier to manipulate, so an ugly dump candle can always pop up and most likely will considering the way all markets moved recently.

I would personally cash out any large profit I make.


In my opinion, no. This will lead to harsher drops. Pumps in extremely bearish times equal disaster.

Hopefully that's chart can help the market situation. Bitcoin and the top altcoin have been increasing again at this morning but now they are decreasing again.

Also, I just wondering where is the data from? I'm not familiar with DAO platform seem like it is new platform here right?

The source is from lunarcrush.com. You can check on the website by yourself. I only know about BAT, Ziliqa, Kyber, Hedera, ChainLink, VeChain, and I have some BAT in my wallet. I still think about investing in the other tokens above, but I need to find more information if that token is good to invest or not because I don't want to buy the token or coin which cannot survive for a long time.

As Ive noticed not all are hype projects. Some of them are actually improved project such as chainlink, zilliqa, and kyber network. I am not very bullish on WazirX though Im sure there are many supporters of this project since it is owned by Binance. I am not suprised that they will be listed here, considering their country's announcement of winning a case on court.


I wonder why MakerDaO wasnt on the list, as it is the responsible for blooming of Defi projects. Well the source is good though.

I prefer a project with basic fundamentals and a good product instead of a project propped up on hype alone. Why? Because hype dies eventually, which causes the price to fall again.

Based on tech, I'm a big fan of Blocknet, as they where the first project to build a DEX, their whole ecosystem is decentralized, and devs are paid through super blocks, which means investors has a LOT to say in terms of what they want to see developed. Pretty damn cool.

The most exciting thing is their XRouter however, which will be a decentralized oracle network, and a decentralized Infura network, allowing TONS of interoperabilities between blockchains and real world applications, the possibillities is endless.

More info on XRouter can be found here: https://themerkle.com/the-blocknet-protocol-this-is-what-a-decentralized-infura-looks-like/

I'm happy to see this news, and I'm surprised to see WRX at the top. Before when I joined the Airdrop event at the Wazirx market I thought they were crap projects, apparently my guess was wrong. I salute the Team, it turns out that with the current situation they are active with positive news, so that they can attract the attention of investors and WRX hold.

You are right, this is proof that a combination of quality projects and a strong community will make the development of the project and the coins even better despite facing difficult market situations. In the midst of panic, seeing this good chart gives little hope that this condition will soon improve. The power of social media is now a mainstay for forming a strong market.

I agree about Chainlink and Matic network, the mentioned altcoins have proved their potential a long time ago. Vechain and BAT are the most mentioned coins in both Twitter and Telegram groups which I have joined. The premium signal groups also advise buying the coins listed on the picture and I agree with these preferences.

Only three coin are very attractive to me to hold or trade. Chainlink, Vechain and Basic attention token has good future so this coin is very good to trade. Your trade will be always profitable if you invest in all top 20 coins. You selected this coin after pump, although after pump all coin is profitable if you brought.

If their strong presence in social media is combined by their real developments, they will make their project more valuable in the market. And so with this, either they can sustain their price level or increase their value in exchanges. Without real output, the project is basically useless. Because social media hype will die down once their followers are tired of endorsing them. But if they have active/working app or product or service, that would be hard to kill.

That's basically a proof that there are still altcoins that are shining and have been pumping even in this situation. I remembered investing in zilliqa before and yeah, it is indeed a good coin. No doubt about that since I also gained from it. But I am not familiar with the other coins though.
 
 Got a little doubt with the other coins, pump amd dump group were always present to pump their own coin in this situation. And yeah, social media is really powerful promoting their projects. Just always choose the right project. It may be a trap or not.

Is this a type of list that changes everyday? For example in coinmarketcap you have some coins that are being pumped, but that's only for that day.

Yeah but I am suprise that WazirX becomes active and match on other projects. They are just new and launched this year but they can be on par already on some old projects such as zilliqa and kyber network. Chainlink is also improving as many projects are partnered with them. Social media really helps in promotions and these projects are working good on their end.

I'm not trying to discredit any of the project highlighted in the OP but patronizers should be cautious when investing in any altcoins especially those that have recorded impressive gains like the projects in the OP, usually what follow is a massive correction which most of them don't recover from as the hype associated with them die off.

Some projects there are only profiting because they're associated with well known exchanges like binance as nothing is that special about their project. They're offering same utility most altcoins out their claim to be offering which personally I don't see any news for more of them especially as they all turn out to be shitcoins when the exchange platforms they're used on dies off.

I am sure these are very liked by the public and the numbers are really true and I am not disputing any of the facts or data here. However, can you really tell me that ethereum wasn't mentioned more than these? Or eos wasn't mentioned more than these? So these can't be the coins that are mentioned the most in the world, these can't be the leading ones in raking when it comes to social engagements neither, I am sure the top 5 ones will be higher.

So, this doesn't show that, so what does it show? It shows a select few according to what if not ranking? Is it the ones OP likes? Is it the ones with highest volume to mention rate? Is it the cap to engagement rate? What is the criteria to show these over the other ones? I think it is smarter to mention that as well.

It's was really useful, even in this complicated market these coins are performing. After the Indian top court lifts ban on crypto currency WazirX coin is growing gradually I am really excited to buy this coin now.


Even the top alts are playing some twist in tale, I guess it's better have a look on these alts and try to invest in this rather than being dependent on top altcoins.

WazirX is backed by binance so the reason why its making noise in the crypto.  Everything that is touched by binance will eventually caught the attention of investors.  I have no idea to others why its trending up but Chainlink had been that way since it partnered with paypal.  Every coin will have its time to rise as long as it lives.


Aren't Indians the only investing to WazirX?   

Where this sources you shared. Just it’s chart makes by 24 hours records? Wazrix is promising and i think mostly support these project, for it's a binance launchpad. So it’s easily getting top trend coin list. Keybar network so big platform currently. And i didn’t hold this tokens and also exchange. BAT and chainlink both real platform, you can take those projects.    

These are good coins to invest for short and long term. They are some of the best coins which so many people have focus on. Even if there is a dip, they will recover fast and move upward. These are always repeated almost everytime.

Trending altcoins ? How can anyone believe this ? You think you can make profits in this period ? The only ones who make profits now are whales , rich people and those who owns big companies that don't depends on cash flow engagement and those people are so few.

I was so sure that once Bitcoin moves a little up, speculators will come with this kind of threads....

I lost much of my WRX holding because I converted to BTC when it was falling and I wanted to be very safe and perhaps  buy more, but I was wrong in my calculation as the price of WRX flied from 780sat to about 26Ksat, well I had to FOMO to buy, I have been swing trading since. I will buy more when the price goes down in another downward market trend.

Did not know WazirX had their self exchange coin. Because of the partnership with Binance and recent event, WazirX got some popularity lately. That's the reason behind the trend. I do not see any reason behind Matic although.

WazirX experienced the highest price increase after the Indian Court ratified cryptocurrency trading. After being acquired by Binance, WazirX became an exchanger who would be an alternative for Indians to trade or invest in the cryptocurrency market.

This list contains the altcoins currently making waves in the entire cryptocurrency market. I can confidently say these project have a good usecases and somes are already with working products.  These coins have partnership with well established enterprises, it's the reason behind day one of wazirx as they partnered with the exchange giant - binance and again the victory of there case against indian ban on cryptocurrency

Well, that was good that despite of the downfall that we are currently experiencing right now which affects almost all the existing cryptocurrencies in the market including Bitcoin itself is there are Altcoins who are still making their way to rise up or increase their prices with the situation like this. This just means that they are really good projects because even if the world is currently into struggle because of the effect of the Coronavirus, still those Altcoins in the list you have provided is still popular among people which is good because people are still patronizing this Altcoins. Among the list you have provided, the only familiar Altcoin I know so far is the BAT (Basic Attention Token) in which as far as I know based on what I have read in this forum is a token that can be obtained by using Brave browser and watching advertisements through it.

It caused by these alts have a very big possibility to be recovered easily and it's also still having so many chance to grow a lot. Wazirx is free to be operated in india and i guess the users are also increasing significant.
Im also feeling doubt about how long these alts can be popular altcoin consider about when the hype is gone and so many altcoins become nothing.

I don't really think it will last for long. The only reason why they are relevant is because there's investors willing to invest in them as long as the hype is still going on. Once it died down, investors will likely to move on to other coins.

The profit was good though so I'd say it's a good coin. Good thing I got out of the moon ship before it fall down.

Yes, WazirX was over the moon when Indian top court took the ban of crypto currency. And now they are the top most trusted exchange in India, people now believe WazirX will boom in upcoming days as they have join hands in binance team and hopefully they will get support from them.

And it is also a great reason to help WazirX go to the moon this year, this is a great project and it is backed by Binance, the price of the token will easily be pumped strongly if the market goes up. Investing in WazirX will be a good investment this year

Wow! And I don't have any of those.  ;D

Although, I find it great when I see some of the coins are still rising despite everything that is happening in the world.
There are still investors out there which are optimistic with crypto currencies.
I myself cannot even have the right amount to buy other coins.
I always stick with the two on the top. Also, the money now is being spent too much because of the panic that is happening. Spent with necessities and not in crypto.
So, a thumbs up for those companies which can still market it now.

though it is looking good those listed to have increasing even in this Dumping market but i am afraid of those kind of Pump.
for me there will be a back movement that can trap investors.
some are playing by the whales and others by the Developer and team so for me?sorry but it seems to be a trap.
i respect your point since Indian people are seeking for exchange that will support them easily and not the exchanges that runs by internationally .

Can't fight the feeling of shill after reading your comments guys. I will try not to cast a shadow on anyone so will read about wazirx from different sources to make my own decision on that.