Altcoin Ninjas Weekly Report, 5-28-18 through 6-3-18
Coin Giveaways
Last weeks coin giveaways for Ducat and Maze are finished. We also had a Linux Pay coin giveaway but the ninjas completed the bounty so quickly that it lasted less than a week!
The new week starts off with a new coin: Rane Coin a hybrid Masternode PoW with a unique "level" system. We also have a returning giveaway for Flea coin as a celebration for their change of MN tiers. Come check out our Discord and get some free coins!
Current Coin Giveaways:
Rane Coin (RANE), a hybrid of MN and PoW and the first coin to use a “level structure” for staking on nodes which increases the required collateral over time for MN rewards. Rane coin is brand new, less than a week on bitcointalk, and is not yet listed on any exchanges but the team has expressed intention to have the coin on the Cryptobridge and Graviex. Perfect time to get some free coins on a coin with a novel feature.
Flea coin (FLEA), returns with another giveaway in celebration of the changes to their Masternode tier system. Flea Coin is a PoS & Masternode coin with 4 tiers of masternode. It uses the Kimoto Gravity Well which changes the difficulty of each block. Currently you can find it trading on the Cryptobridge decentralized exchange.
All our giveaways can be found at our Discord channel. Come stop by to chat about trading, our giveaways or anything related. We are always having exclusive giveaways for our Ninjas. Stop by soon as some do not last very long!
Crypto Market Week in Review
The week started off for many with anxiety concerning a potential market shakeup after the falling BTC/USD, yet crypto stood strong and reclaimed that $7500 USD support in preparation for a push towards $8000. Get ready to take some positions and make some trades!
Two mainnet launches, one winner.
Both TRX and EOS had mainet launches this week. EOS emerging as the clear winner for gains nearing 20% as it’s community rallied despite FUD and news from Chinese Security company Qihoo 360 revealing a bug that would, “allow arbitrary code to be run on EOS nodes”.
TRX on the other hand was on a strong downtrend several days prior to the mainnet release last week. The release brought us a Livestream with Justin Sun along with temporary price stabilization and news of upcoming exchange listing.
June: a seasonal month for BTC/USD
June has historically been a positive month for the seasonality of BTC/USD price and a quick look at the current MACD of various Altcoins reveals that there is a strong potential for upward movement across the board.
As we start the week off in this bullish mood it is important to make informed decisions to maximize your gains and that means picking the correct coins that are primed for strong upward movement and exiting with a sound strategy. Check out some of the Altcoin Ninja team analysis on Tradingview and tell us what coins you think are going to be winners.
Visa Payments in Europe experiences delays due to hardware failures
A strong bull signal for cryptos is when you have a massive international payment behemoth like Visa experiencing chaos because of hardware failure within it's centralized "old world" system. BTC has been online since 2009 and, due to it's decentralized nature, if one node or even several fail the system will not shut down. This is a new world system. Each time the failings of the current financial services industry reveals itself to consumers it's another opportunity for cryptos to gain more traction.
Congratulations to sristi for reaching the master splinter rank!
A member of our ninja community has officially reached the master splinter level, unlocking some awesome ninja team rewards including a customized Altcoin Ninjas character designed just for them! Come join the community at our discord! We are always online and eager to chat about everything crypto related. This week is going to be a great week with some extra surprises coming up for the ninja community.
HDP "Sensei" - Altcoin Ninjas
Very well written!