Hello,
I was looking for some coins to invest, which has low market cap (<30m). I summarized a few coins which ones are most mentioned as a promising investment.
Here they are:
SHIFT
HMQ
PTOY
XSPEC
BAY
ZEN
DAR
Any suggestions? Which one shouldn't miss in portfolio? Should I avoid something?
It is very important to understand what the purpose of these coins are for.
For example:
Bitcoin was created as a replacement monetary system where as SHIFT is a Decentralized web app. Why give it value for a purpose it doesn't even support? What does it actually do and have the developers even delivered something? Many promises to build on the Ethereum platform have been made and Ethereum is a digital asset to begin with.
On that list I've had BAY, ZEN and XSPEC.
BAY has the double escrow and a good developer. Stick to their slack. This ones been sleeping for some time. Only 1% annual stake POS.
ZEN I was part of the ZCL/ZEN fork. ZEN has a masternode system. This is outdated and heavily centralized to POSv3. Furthermore, they run their servers all in the US. I dropped this project. They also had a civil war the first week between ZEN and ZCL dev's which was very unprofessional given they share code. I dropped my share right after the fork.
XSPEC is the sleeper of the under 30m marketcap. Its only 3.5m USD. It is important to understand that XSPEC has a POSv3 sysyem which stakes with 5% static inflation which does NOT require a set amount to receive rewards. This is both energy efficient to mining, and ALL the coins are in circulation. As of last week this became the most anonymous currency to date given the OBFS4 security layer. I would strongly recommend joining the slack as it is comforting to be in the presence of the developers on a daily basis. I see their are a lot of XSPEC supporters here already, awesome to see!
