I published a blog post on the top 3 stocks to buy now https://www.nairatag.com/investment/top-3-stocks-to-buy-now/ and it’s great to see that those stocks have appreciated in price since then.
I urge you to continue holding the 3 of them because they are capable of doing atleast 200% in the foreseeable future.
The smart investor let the money work for him.
Cryptocurrencies are digital assets and they appreciate in value overtime. There are over 5000 cryptocurrencies out there and choosing one to invest is a daunting task.
This post will explain the top 3 cryptocurrencies to invest in for long. It looks at the intrinsic value of these coins and see if they match the current market capitalisation.
Let’s take a look at these coins and why I believe they the best to invest in.
Hotbit coin (Htb)
HTB is the native cryptocurrency of Hotbit Platform. The hotbit digital currency exchange was launched in January 2018 and are doing good so far.
They are new in the cryptocurrency market but are catching up with the leaders. They are currently averaging $70m volume every 24hours. That is something for a medium exchange. The htb token has a circulating supply of 310 Million coins and a max supply of 2.5 Billion coins. The current price is $0.00227797 giving the coin a market capitalisation of $701,614. This is considerably low.
Hotbit will be one of the top exchanges in the world soon and that means more daily volume which results into more transaction charges.
Hotbit will spend 80% of all weekly transaction fee received to repurchase HTB. Among all HTB repurchased by Hotbit, half of them will be destroyed, and the other half will be used as incentives for Hotbit ecosystem.
The above has been ongoing since February 10 and 56,127,939.4814 htb have been burnt so far with 1,524,971,759.86 htb frozen.
You can see that the token supply is reduced on a weekly basis and will soon be scarce forcing a price pump.
I predict the price of 1 htb to reach atleast $0.1 in the foreseeable future. This is the time to jump in and buy at $0.00227797.
Electroneum (Etn)
Electroneum is a coin that attends to real world problem. Electroneum launched in 2017 as a mobile-based cryptocurrency, using the power of blockchain to unlock the global digital economy for millions of people. Many people mined etn for free until the mining was stopped recently. The focus is now on creating a real-world ecosystem with complementary products such as AnyTask.com, ETN Everywhere, Taskschool and ETN Donate.
Imagine a freelancer platform on the blockchain or udemy platform on blockchain. These platforms will be powered by the electroneum coin and you can only wonder what the price will be if a million user transacts on its chain daily.
The market cap is around $86,877,360 at the time of posting which is undervalued considering the numerous values it offers.
Etn is currently trading at $0.008583 but I believe it has the ability to surpass $0.05 very soon.
Basic Attention Token (BAT)
Basic Attention Token (BAT) project is an open-source, decentralized ad exchange platform built on the Ethereum platform. The project seeks to address fraud and opaqueness in digital advertising.
BAT is championing the cause in digital advertising. They want to change the advertising industry which is something unique in the crypto space. They are doing well so far and can still do better.
BAT is currently trading at $0.230145 but I believe they can triple that price in a year. Advertisers will ditch their current ad platform for a transparent and decentralised ad exchange platform. This means more demand for the BAT token and increase in price.
Invest wisely. Invest with your spare funds only.
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