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Author Topic: Trending Altcoins  (Read 271 times)
crypto1010 (OP)
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March 18, 2020, 05:11:32 AM
 #1



Based on price movement and social media presence

The market has been taking a hit lately. However, some altcoins are shining across social channels. Will this equate to mitigated drops, and even outsized performance once the market flips?

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March 18, 2020, 09:38:14 AM
 #2

Good list of uprising coins right there. It's shocking and at the same time, good to see other coins taking their own path amidst this market and stocks crash. Another interesting info I found is with Coinbase's ex-CTO's investment with AVA. They simply allow anyone to create his/her own blockchain with customizable options. Additionally, you can also issue tokens without worrying about scalability or transparency as AVA is decentralized and can achieve higher transaction speeds than VISA. These companies have strong teams that are built ready for recession.
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March 18, 2020, 10:47:06 AM
 #3

Wazir is still not yet loosing its hype and it looks like the developer behind the project was also actively doing regular update and report to make the investors of wazir and traders feel convenience with the market.
If that was still having a very good performance and that's a usual thing. We must see what will be happening with wazir for the next months and there will be a question about can wazir have the same performance in the future?



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March 18, 2020, 10:58:05 AM
 #4

It all boils down to the hype of the project that's why it is still thriving even in this pandemic.

Yes, the people behind are doing their jobs, promoting their social media presence, but this could get ugly and everyone could really suffer from this panic. Remember that all global markets for me is related to one another, as we have seen traditional markets also tumbling down together with crypto.

With that said, yes they might be trending for now, but the question, is the project going to sustain it despite the impending global recessions?

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March 18, 2020, 10:58:49 AM
 #5

Good to see that some of the popular coins are doing well in the recession?

Happy to see it but I am not investing on coins that is pumping at this time, I am looking for some great value to accumulate and that's those coins which are consistent as they are likely undervalued right now which I believe when they recover, getting profitable is easy.

Even they grow at the moment, but I would not make any judgement right now as the market is quite unstable, so that price increase might be manipulated too.

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March 18, 2020, 12:23:29 PM
 #6

Great list WazirX was on the top spot, I remember someone has accused it as a potential scam, but it was lack of proof and evidence to support it,thats why it was a nonsense accusation, by the way, I think people are still actively supporting their favorite cryptocurrency beside of what happened in the market recently the evidence is clearly seen on this list. thats why I believe that it was happening for a reason.
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March 18, 2020, 12:34:05 PM
 #7

Great list WazirX was on the top spot, I remember someone has accused it as a potential scam, but it was lack of proof and evidence to support it,thats why it was a nonsense accusation, by the way, I think people are still actively supporting their favorite cryptocurrency beside of what happened in the market recently the evidence is clearly seen on this list. thats why I believe that it was happening for a reason.
I was aware of the false accusation on this forum and the proof from the accuser is not genuine enough, I made mention that binance is involve with wazirx, if the project turned scam binance reputation will be ruined, I'm sure thats the last thing binance CEO want now

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March 18, 2020, 12:36:32 PM
 #8

It all boils down to the hype of the project that's why it is still thriving even in this pandemic.

Yes, the people behind are doing their jobs, promoting their social media presence, but this could get ugly and everyone could really suffer from this panic. Remember that all global markets for me is related to one another, as we have seen traditional markets also tumbling down together with crypto.

With that said, yes they might be trending for now, but the question, is the project going to sustain it despite the impending global recessions?
Very true. Less known coins are easier to manipulate, so an ugly dump candle can always pop up and most likely will considering the way all markets moved recently.

I would personally cash out any large profit I make.


~
Will this equate to mitigated drops, and even outsized performance once the market flips?
~
In my opinion, no. This will lead to harsher drops. Pumps in extremely bearish times equal disaster.
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March 18, 2020, 12:44:17 PM
 #9

Hopefully that's chart can help the market situation. Bitcoin and the top altcoin have been increasing again at this morning but now they are decreasing again.

Also, I just wondering where is the data from? I'm not familiar with DAO platform seem like it is new platform here right?
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March 18, 2020, 01:58:57 PM
 #10

Hopefully that's chart can help the market situation. Bitcoin and the top altcoin have been increasing again at this morning but now they are decreasing again.

Also, I just wondering where is the data from? I'm not familiar with DAO platform seem like it is new platform here right?

The source is from lunarcrush.com. You can check on the website by yourself. I only know about BAT, Ziliqa, Kyber, Hedera, ChainLink, VeChain, and I have some BAT in my wallet. I still think about investing in the other tokens above, but I need to find more information if that token is good to invest or not because I don't want to buy the token or coin which cannot survive for a long time.

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March 18, 2020, 02:15:30 PM
 #11

It all boils down to the hype of the project that's why it is still thriving even in this pandemic.

With that said, yes they might be trending for now, but the question, is the project going to sustain it despite the impending global recessions?

As Ive noticed not all are hype projects. Some of them are actually improved project such as chainlink, zilliqa, and kyber network. I am not very bullish on WazirX though Im sure there are many supporters of this project since it is owned by Binance. I am not suprised that they will be listed here, considering their country's announcement of winning a case on court.


I wonder why MakerDaO wasnt on the list, as it is the responsible for blooming of Defi projects. Well the source is good though.



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Rainbot
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March 18, 2020, 04:09:54 PM
 #12

I prefer a project with basic fundamentals and a good product instead of a project propped up on hype alone. Why? Because hype dies eventually, which causes the price to fall again.

Based on tech, I'm a big fan of Blocknet, as they where the first project to build a DEX, their whole ecosystem is decentralized, and devs are paid through super blocks, which means investors has a LOT to say in terms of what they want to see developed. Pretty damn cool.

The most exciting thing is their XRouter however, which will be a decentralized oracle network, and a decentralized Infura network, allowing TONS of interoperabilities between blockchains and real world applications, the possibillities is endless.

More info on XRouter can be found here: https://themerkle.com/the-blocknet-protocol-this-is-what-a-decentralized-infura-looks-like/
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March 18, 2020, 10:44:30 PM
 #13

I'm happy to see this news, and I'm surprised to see WRX at the top. Before when I joined the Airdrop event at the Wazirx market I thought they were crap projects, apparently my guess was wrong. I salute the Team, it turns out that with the current situation they are active with positive news, so that they can attract the attention of investors and WRX hold.

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crustycrab666
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March 18, 2020, 10:54:58 PM
 #14

All these are quality projects and good to see them making positive move even in this season of panic selling, it just goes on to show that these are quality project with active community and they know the worth of their project, i think when market recovers these coins will fly even more.
You are right, this is proof that a combination of quality projects and a strong community will make the development of the project and the coins even better despite facing difficult market situations. In the midst of panic, seeing this good chart gives little hope that this condition will soon improve. The power of social media is now a mainstay for forming a strong market.

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March 18, 2020, 11:20:01 PM
 #15

I agree about Chainlink and Matic network, the mentioned altcoins have proved their potential a long time ago. Vechain and BAT are the most mentioned coins in both Twitter and Telegram groups which I have joined. The premium signal groups also advise buying the coins listed on the picture and I agree with these preferences.
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March 18, 2020, 11:22:26 PM
Last edit: March 19, 2020, 12:57:18 AM by oscarftw
 #16

Only three coin are very attractive to me to hold or trade. Chainlink, Vechain and Basic attention token has good future so this coin is very good to trade. Your trade will be always profitable if you invest in all top 20 coins. You selected this coin after pump, although after pump all coin is profitable if you brought.
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March 18, 2020, 11:33:53 PM
 #17

All these are quality projects and good to see them making positive move even in this season of panic selling, it just goes on to show that these are quality project with active community and they know the worth of their project, i think when market recovers these coins will fly even more.
You are right, this is proof that a combination of quality projects and a strong community will make the development of the project and the coins even better despite facing difficult market situations. In the midst of panic, seeing this good chart gives little hope that this condition will soon improve. The power of social media is now a mainstay for forming a strong market.

If their strong presence in social media is combined by their real developments, they will make their project more valuable in the market. And so with this, either they can sustain their price level or increase their value in exchanges. Without real output, the project is basically useless. Because social media hype will die down once their followers are tired of endorsing them. But if they have active/working app or product or service, that would be hard to kill.
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March 19, 2020, 04:06:52 AM
 #18

That's basically a proof that there are still altcoins that are shining and have been pumping even in this situation. I remembered investing in zilliqa before and yeah, it is indeed a good coin. No doubt about that since I also gained from it. But I am not familiar with the other coins though.
 
 Got a little doubt with the other coins, pump amd dump group were always present to pump their own coin in this situation. And yeah, social media is really powerful promoting their projects. Just always choose the right project. It may be a trap or not.
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March 19, 2020, 04:27:45 AM
 #19

Is this a type of list that changes everyday? For example in coinmarketcap you have some coins that are being pumped, but that's only for that day.
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March 19, 2020, 04:57:33 AM
 #20

All these are quality projects and good to see them making positive move even in this season of panic selling, it just goes on to show that these are quality project with active community and they know the worth of their project, i think when market recovers these coins will fly even more.

Yeah but I am suprise that WazirX becomes active and match on other projects. They are just new and launched this year but they can be on par already on some old projects such as zilliqa and kyber network. Chainlink is also improving as many projects are partnered with them. Social media really helps in promotions and these projects are working good on their end.

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