Why I bought RYOThere aren’t many coins that offer the technological development of RYO. That said, we must ask ourselves, why is RYO valued so little? I think in part for a few reasons:
The first, market stupidity. Countless coins have surged for no good reason other than a flashy website, stupid buzzwords, and dumbass headshots. RYO just has tech. It is arguably one of the superior privacy coins on the market, even more so than the de facto leader that shall not be named.
The second reason I think RYO is valued so little is lack of markets. This can be fixed easily. There is a dev fund and interested people. So this is a nothing burger when fixed.
The third reason I think RYO is lack of developers. One could say that quantity does not equal quality. These guys are behind XMRSTAK which is one of the premier miners for Monero and other CryptoNote coins. I’d rather have one really good programmer than 5 nobodies any day of the week.
The last reason is probably the most important. It is viewed as a legitimate threat to the de facto leader coin. Given this, the gatekeeping that is being done to this coin is astonishing. If RYO were to capture just a fraction of the leader’s market, we could easily be looking at $1 to even $10-$20. The time to buy is now and if you don’t see that you are a moron.
Why?
RYO hasn’t even moved to 2nd generation Zero Knowledge proofs, it’s on two small exchanges, and the team is reforming. Given this, I would say RYO is one of the best small cap coins to buy and I hope that you make the leap –even 10,000-20,000 RYO could be life changing if I’m right.