Sumokoin is starting its way towards December's ATH

[AshCoins]

People always underestimate Sumo.  Probably because it has a goofy name and it hasn't been hyped to a bloated market cap.  If anyone actually looks into the tech they'll see why this is my favorite privacy coin though.

[Germining]

Sorry but I do not think that Sumo price will increase its all time high back in december. December hype was incredible for every altcoin, especially for the privacy coins such as Sumo. Now those days are gone and privacy coins are not that hyped, platform coins are trend right now.

Besides this altcoin season is not like bullish as december, this is a slow season and there is no way for Sumo to increase that price if any fundamental news comes.

There are fundamental good news though...

[doycku]

Sorry but I do not think that Sumo price will increase its all time high back in december. December hype was incredible for every altcoin, especially for the privacy coins such as Sumo. Now those days are gone and privacy coins are not that hyped, platform coins are trend right now.

Besides this altcoin season is not like bullish as december, this is a slow season and there is no way for Sumo to increase that price if any fundamental news comes.

There are fundamental good news though...

it will be necessary to observe the relatively occurring things on the market, and forecasts are unfavorable. In most cases I do not pay any attention to empty words, because these forecasts never come true.

[go4crypto]

Sumokoin is in early stages of uptrend towards new highs. It is a good project to hold long term and very undervalued compared to Monero.

[Yuuto]

Not really. I don't really see bitcoin going up much higher than what it is right now, since the $10k barrier doesn't seem to be budging at the moment. Sumokoin was just following the overall market trend, it's not an isolated incident that Sumokoin was pumped, instead, the entire crypto market all went up drastically.

Sumokoin doesn't really have that much potential of getting pumped because of the fact that its market cap is too low and it's on no major exchanges. For privacy centered coins I'd rather invest in XMR for the long term.

Plus, prices are nowhere near its December ATH. I don't see a new ATH for most alts including Sumokoin any time soon, probably not until next year.

[Germining]

I disagree on that (well I posted this topic ...). That SUMO id not on big exchanges yet and still has a decent value is a very good indikator.

Everybody who works on getting a coin listed on the major  echanges knows how hard that is. SUMO will get listed eventually. It will get huge markets then. You all can imagine what this will do to the price...