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RE: Altseason may not be here yet, but we could be due for a bounce

in #crypto5 years ago

I've been biting my nails over my ETH and MKR... I keep thinking they are going to explode but they just don't . MKR confuses me a lot. It has captured 71% of the DeFi market and its poised for huge gains in a speculator's market. Yet, that price doesn't budge past $750...

I am sure that MKR is going to blast through the rankings once multi-collateral is launched. That has to put MKR where I think it belongs in the list (within top 10).

Still sitting on my hands over that $600 ETH too. Its okay though, because I believe the market is showing that DeFi is going to be won by Ethereum long term. Everything but the recent Tezos news is good for an Ethereum DeFi world.

Cosmos' ATOM is majorly undervalued unless everyone just assumes Pokadot is going to destroy it. It is a breeze to build a quality blockchain on Cosmos and when I took a deep look at it I realized it really was a threat. No, it can't really replace Ethereum, there are use cases for Ethereum that Cosmos can't do, but Cosmos is going to eat Ethereum's lunch on all the private blockchain adoption (it seems).

Loom is ridiculously low priced as well. So many altcoins are on sale right now. I don't know any project working harder than Loom to accommodate and support developers.

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I like a lot of those as well. What are you thinking in regards to steem?

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