FootyCash (FOOT) Skyrocketed the past month!I believe the reason is simply just an issue of exposure. There are over 800 altcoins on the market in various exchanges and there is no way for everyone to know everything about them all.
Footy Cash (FOOT) went up over 5000% in less than two days and still stayed up even a whole month later.
Here's why:
FootyCash has seen a meteoric rise in valuation for the past month; with a price increase of more than 5000% on multiple exchanges.[/b]
https://www.cryptopia.co.nz/Exchange/?market=FOOT_BTC#https://bitcointalk.org/index.php?topic=1374929.0Here is why I think FootyCash is a great cryptocurrency:1. Footy has Rarity -
Only 4 million coins total can exist. There is a small POS inflation rate - about 3% annually (for staked coins only).
How many of you can say like the Winklevoss twins -
that you own whole percentages of a cryptocurrency.
Looking the current price of FootyCash you actually might be able to!
2. Footy is the first Fantasy Sports Crypotocurrency ever made. -
Footy is the Bitcoin of Fantasy Sports!3. Fantasy Sports is a multi-billion dollar industry -
with tens of billions of dollars in annual revenue just for Fantasy Football alone! If you count all the
illegal gambling the figure goes much higher - maybe hundreds of billions? (not that I am condoning illegal gambling - but it's a fact of reality that must be considered anyway).
4. Coinmarketcap list just under 900 altcoins; of those listed only a small percentage of altcoins have a cap of less than 4 million total coin. Every coin on coinmarketcap with a
rarity of less than 7 million total coins produced are all worth more than $2.00 USD - with the exception of Dreamcoin (because of YOBIT) and
FOOTY CASH (which is currently undergoing a price correction:
5000% increase in the past month alone.)
5. The coin was greatly undervalued because of unawareness of the Footy cryptocurrency and Fantasy Sports as well. As more and more people become aware of its value the price will continue to rise.
6.
FootyCash has a great developer, active development, and the best community support!7. FootyCash has a promising roadmap and is currently developing
Masternodes for the next release.
8. The name FootyCash may sound funny but "
Footy Cash" is an actual English term (apparently):
https://www.power100.com.au/news/local-news/81959-footy-cash-to-go-to-good-friday-appeal and
http://www.heraldsun.com.au/ipad/california-club-brothel-sues-in-footy-cash-feud/news-story/bd77f7d397a34a067342a113b5bfa5d89.
DraftKings,
FanDuel, and other
Fantasy Sports companies are getting the legislative green light to operate in most U.S States and other countries as well.
When these companies decide to follow the trend of most corporations and switch to blockchain technology - I guarantee you that they will take a hard look at FootyCash first!10. Oh, and the price of
Bitcoin is dropping and will continue to drop
until the August 1st Segwit activation takes place.While Bitcoin is dropping, FootyCash is actually gaining value daily. FootyCash is a great store of value to weather this storm.
