Gemstone / Maybe soon there will be a pump

[DenysM]

I see that many ask on what token they can make their X 10, etc. If a large amount of money, then I do not throw them into the shit and I do not advise you. Sometimes I play with different coins a small amount. Right now, I'd like to take a look at Soma. (https://coinmarketcap.com/currencies/soma/)
The project collected only 600k $ / In turnover they have only 4 million tokens. Right now it is traded 20-30 cents. https://soma.co/ There is an active work on their product. Now they are testing their platform. Promise new exchanges, now traded only on the delta and crypto. When the market turns unfolds then this token can easily take off since the total volume of the tokens is too small and I hope to see big exchange by this time. I am glad that they are actively working on their platform and constantly share news.

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[DenysM]

Why Soma is a gem (DYOR)
•  Social marketplace
•  MVP in ~2 months
•  $1M market cap
•  14.4M total supply
•  Under the radar (very little marketing efforts until now)
•  Big marketing efforts underway (airdrop to launch soon)
•  Innovative features (interactive item card is digital representation of a physical item and stores all info about that item, for example)
•  Active dev team, frequent updates
•  Strong partnerships
•  1/6th ATH
•  Only on Cryptopia (moon when hits other exchanges)

[DenysM]

today they have released their MVP https://medium.com/@soma_sct/soma-mvp-launch-83a1a3aca6f8
New Exchange https://medium.com/@soma_sct/soma-listed-on-latoken-exchange-277dd0408028

https://www.cryptopia.co.nz/Exchange?market=SCT_BTC

[kingzpro]

Yeah i agree with you, if we see it even in a conservative way still $1 is very realistic for soma token, project is better than most icos and team is focused and working diligently on the development of the platform, i think this can give good profits medium term and long term.

[ahoenk]

The today problem is market uncertainity.last year it is easy to reach 10x ico price because a lot of money flow in to crypto market and we are on bullish market. Now only 1 / 100 ico will do 10x. I am betting on essentia and hyperquant. A lot of ico only gives me lose nowadays. If you are believer and the developer is really legit you can go. But if it is not dont inveat or you will lose your shirt in one day.

[DenysM]

Business Finland has given them Round One funding of €50,000
https://medium.com/somabusiness/finland-funds-soma-80b0e6416edb
They can win in the second round and in the third with a prize fund of up to $ 20 million. This suggests that the government supports this project and it is legal.
You can get acquainted with their new partners and the latest news
https://medium.com/@soma_sct
Watch a video review of this project from one of the well-known crypto trader with 77 thousand subscribers on twitter
https://www.youtube.com/watch?v=_Rdc714bbEU&t=1s
https://twitter.com/CryptoGat
He is one of the Advisor for SOMA

volume always precedes price

[moonblocks]

The today problem is market uncertainity.last year it is easy to reach 10x ico price because a lot of money flow in to crypto market and we are on bullish market. Now only 1 / 100 ico will do 10x. I am betting on essentia and hyperquant. A lot of ico only gives me lose nowadays. If you are believer and the developer is really legit you can go. But if it is not dont inveat or you will lose your shirt in one day.

"Lose your shirt" LOL

You're not wrong about the market as there's not much new investment coming in for smaller projects even if they are making good progress but when the market does shape up there should be better results

[DenysM]

The today problem is market uncertainity.last year it is easy to reach 10x ico price because a lot of money flow in to crypto market and we are on bullish market. Now only 1 / 100 ico will do 10x. I am betting on essentia and hyperquant. A lot of ico only gives me lose nowadays. If you are believer and the developer is really legit you can go. But if it is not dont inveat or you will lose your shirt in one day.

"Lose your shirt" LOL

You're not wrong about the market as there's not much new investment coming in for smaller projects even if they are making good progress but when the market does shape up there should be better results

Now it is generally very scary to invest. In this article, write that researchers have counted over a thousand "dead" cryptocurrency projects.
https://en.bit.news/researchers-counted-thousand-dead-cryptocurrency-projects/
or this article, where they write that More than half of ICO-projects ceased operations in the first four months
https://steemit.com/ico/@yadyasir/more-than-half-of-ico-projects-ceased-operations-in-the-first-four-months
This market is full of manipulators, scammers, and so on. I think we need regulation.

[ninis45]

The today problem is market uncertainity.last year it is easy to reach 10x ico price because a lot of money flow in to crypto market and we are on bullish market. Now only 1 / 100 ico will do 10x. I am betting on essentia and hyperquant. A lot of ico only gives me lose nowadays. If you are believer and the developer is really legit you can go. But if it is not dont inveat or you will lose your shirt in one day.

"Lose your shirt" LOL

You're not wrong about the market as there's not much new investment coming in for smaller projects even if they are making good progress but when the market does shape up there should be better results

Now it is generally very scary to invest. In this article, write that researchers have counted over a thousand "dead" cryptocurrency projects.
https://en.bit.news/researchers-counted-thousand-dead-cryptocurrency-projects/
or this article, where they write that More than half of ICO-projects ceased operations in the first four months
https://steemit.com/ico/@yadyasir/more-than-half-of-ico-projects-ceased-operations-in-the-first-four-months
This market is full of manipulators, scammers, and so on. I think we need regulation.

you are right the market is very risky for now and most crypto projects do not go according to their purpose but we also have to look at market prospects and project developments in fact as an investor looking for project opportunities that have been running and developing, even the tokens they have listed in exchange are more better than joining an ICO

[Expert3]

Why Soma is a gem (DYOR)
•  Social marketplace
•  MVP in ~2 months
•  $1M market cap
•  14.4M total supply
•  Under the radar (very little marketing efforts until now)
•  Big marketing efforts underway (airdrop to launch soon)
•  Innovative features (interactive item card is digital representation of a physical item and stores all info about that item, for example)
•  Active dev team, frequent updates
•  Strong partnerships
•  1/6th ATH
•  Only on Cryptopia (moon when hits other exchanges)

How about it's use cases?
Who would buy?
If there is no marketing, then how could it attract better volume and price hike?
If you are expecting for 10x , then you need 10x the market cap which is 10Million USD and that is unlikely to happen.
How many community members?

[DenysM]

Why Soma is a gem (DYOR)
•  Social marketplace
•  MVP in ~2 months
•  $1M market cap
•  14.4M total supply
•  Under the radar (very little marketing efforts until now)
•  Big marketing efforts underway (airdrop to launch soon)
•  Innovative features (interactive item card is digital representation of a physical item and stores all info about that item, for example)
•  Active dev team, frequent updates
•  Strong partnerships
•  1/6th ATH
•  Only on Cryptopia (moon when hits other exchanges)

How about it's use cases?
Who would buy?
If there is no marketing, then how could it attract better volume and price hike?
If you are expecting for 10x , then you need 10x the market cap which is 10Million USD and that is unlikely to happen.
How many community members?

Soma is a decentralized social marketplace & tokenization protocol for authenticating and tracking items on the blockchain.
Making a 10 million cap is not so difficult.
They have a new marketing director. You can see for yourself that they regularly attend conferences, new partnership agreements, new exchanges.
You can get acquainted with their new partners and see the latest news.
https://medium.com/@soma_sct
exchanges
https://wallet.latoken.com/market/Crypto/ETH/SCT-ETH
https://www.cryptopia.co.nz/Exchange?market=SCT_BTC
Business Finland has given them Round One funding
https://medium.com/somabusiness/finland-funds-soma-80b0e6416edb
This suggests that the government supports this project and it is legal.

[DenysM]

The latest updates and the most important news you can see here:
https://soma.co/blockchain-ecommerce-platform-launch/
They have partnership agreements with:
DWISS
SAVOT
DIEFENDORFF
SIPILAN KELLO

SOMA is launching blockchain e-commerce social marketplace in Q1 2019!

[renes]

''Now they are testing their platform''  so why there will be a pump, this token worth nothing so I would not even buy it even though there is a opportunity of trading.

[DenysM]

''Now they are testing their platform''  so why there will be a pump, this token worth nothing so I would not even buy it even though there is a opportunity of trading.

This is a high-risk investment. I think that with a turnaround of the market, tokens with a small capitalization will be one of the first ones to be pumped up. With investments in such projects, you can earn a few X's. This project has several exchanges, a team of professionals, new partnerships, we see hard work on the product, and so on.

[vicvicto17]

Ravencoin you should watch out about this coin
NO ICO
Decentralization-Anonymous coin like bitcoin
a Bitcoin code hardfork- Most Developers are from Bitcoin Core
So probably this coins will pump.

[YuginKadoya]

You sure have a liking with this SOMA coin, And with just a small percentage increase you came crawling into its grasp, Well I really think there are many coins in the market that is like this that you can add to your portfolio, But I am not saying that SOMA is not a legit coin, because each and every one of them can become a scam if their developers would like that to happen, But sure I like what you have done here you surely gain information for SOMA coin for certain people to look at what SOMA have gained and acquired, For me looks like you want certain people to make an investment into SOMA so the price would surely pump not a bad idea I guess.

[kotajikikox]

Pumping of every coin in the coinmarketcap is depends on the demands from the support of people, so as of now is better to to monitor the coins they have because the bear market aren't already done, difficult to give any suggestion and advise in this current situation.

[DenysM]

Pumping of every coin in the coinmarketcap is depends on the demands from the support of people, so as of now is better to to monitor the coins they have because the bear market aren't already done, difficult to give any suggestion and advise in this current situation.

I agree. I just express my opinion. I think that I have found a token that can show a lot of X, and if I am right, then this is a very good opportunity to earn money for those who do not have a lot of money to invest. I give arguments why I think this project is good, and everyone makes decisions.
If you are interested in this project, you can read this article.
https://medium.com/@GB1985/the-above-quotes-unfortunately-display-the-sobering-reality-of-the-current-global-goods-and-f6bf238de5f1

[DenysM]

Pay attention to the volumes, the general circulation of tokens, the market cap. We see that someone recently bought a large number of these tokens, the market cap is very small and we can get a lot of X.
SOMA already got partnerships with luxury brand like:
- DWISS
- Diefendorff
- Savot
- (next week we will add others)
and a retailer of Rolex, Zenith, Breitling, Hublot, Omega, ... he will be using their platform & protocol for all the watches they sell.

[ashmodeus]

well
its old project,
i knew that when i joined their bounty.
btw , what the new news about this project ?
i just suprised u say this project is a gemstone.