Holy shit! Finally!
We got hit, we got hit hard, we got kicked while we were down. It was brutal, but the crypto market is finally showing signs of life!
The total value of all the cryptocurrencies combines, also known as total market cap, jumped above the 300 billion on Thursday and is now at (current price) which is the highest since march 26 on coinmarketcap.
Bitcoin defended the key 50 week moving average support in the first half of last week before rising to 2.5 week highs above 8.2k on Friday.
Meanwhile, Ethereum appreciated 38 percent that week and is the top performing major coin. Ripple’s xrp and bitcoin cash gained 32.8 percent and 23.9 percent, respectively.
If we look at the top 25 cryptocurrencies however, we can see that there are 3 coins that outperformed their peers. And I want to talk about those with you guys. These could be the next big cryptocurrencies to invest in and they are all under 10 dollars!
What I want to do in this video is talk about these 3 cryptocurrencies and then invite you to discuss with me in the comments whether or not these coins deserve a spot on the bigger list that I’m working on!
By the way, I also want to share with you my new upload schedule. I will be uploading 5 times a week, from Monday until Friday. So if you are new here, welcome, I invite you to subscribe, turn on notifications and join the discussions so we can all learn from each other!
Lets get on with the video.
Number 3
Ontology (which I still wanted to do a review video on, please let me know if there is demand for this!)
Weekly performance: +52.94 percent
All-time high: $4.77
Closing price on April 6: $3.06
Current market price:
Rank as per market capitalization:
In short, ontology is a new, high performing distributed trust collaboration platform that includes a series of complete distributed ledgers and smart contract systems, according to their official website. Their first version of the roadmaps are released by their developers and the first projects are live on GitHub.
Ontology’s ONT token has made their way into the top 25 cryptos by market cap in just four weeks from inception. The token began trading at $1.36 on march 15, which means they rallied a staggering 250 percent in 4 weeks. Talk about great timing! Thats insane!
Number 2
Eos
Weekly performance: +55.68 percent
All-time high: $18.71
Closing price on April 6: $5.89
Current market price:
Rank as per market capitalization:
Eos managed to recover quite well and jumped to $9.56 on Friday on Bitfinex - its highest level since February 20th.
The developers recently announced an airdrop to the EOS token holders and the idea of making free money via airdrop seems to have put some rocketfuel in the EOS spaceship. The airdrop was scheduled to happen on April 11.
Number 1
Verge
Weekly performance: +58.36 percent
All-time high: $0.30
Closing price on April 6: $0.058483
Current market price:
Rank as per market capitalization:
Verge’s XVG token takes the top spot for the second time. The 58 percent surge could be caused by growing investor interest in verge’s mystery partnership which I will talk about tomorrow, you don’t want to miss out on that, so better turn on notifications…. Just saying! This partnership is scheduled for April 17th and it is juicy!
Speculations are going around about token pay, overstock, amazon, and eBay but your gonna have to watch tomorrow to see what sup!
Also Verge XVG is the second most actively traded crypto on Binance, My favourite exchange. Anticipation of the April 17 announcement will likely bring the XVG price to new levels this week, buying the rumour. However, profit taking or selling the news after the announcement will likely push XVG lower again. Note that the sell off could be sharp if the announcements fails to meet sky high expectations.
This is going to be an interesting week, what do you think?
Let me know in the comments and lets talk some crypto!
See you tomorrow for the Mystery Verge partnership video!
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