The latest ICO trend

Just a short post this time. Unlike this summer, when a large cap was a Good Thing and everyone FOMO'd into the biggest ICOs on principle, the big winners this month have been tiny caps (no more than 10-12 mil and often much lower) that go the extra mile to immediately list on exchanges and create a buzz in the right channels. Confido, a 10x virtually overnight, had a 1250 ETH cap (not a typo); Publica, which will probably also close to 10x when the tokens go live this week, had a 1M USD cap; and Oracles, November's hype darling that will probably sell out during the whale-only presale, has a 12M USD cap.

The spillover from this trend is that entire channels have dedicated themselves to finding ICOs that are dead in the water, raising 10% of their hard caps or less, and buying their tokens just to shill them immediately after the ICO closes. Sometimes this makes sense (Genesis.Vision, a project with Charlie Shrem backing it, was always at least going to hit Binance and do OK in the short term); other times, people get stuck with bags...but with this kind of market the winners will far outnumber the losers.

Some legwork is required to find these, primarily by actively looking at the bigger crypto Telegram channels. However, once you've put the work in, it's likely that this month's returns will be better than anything you could do this side of high multiplier margin. Do your homework!

BTC prediction: BTC will shoot up to the $9,xxx range before a very large reversal.