NEBL: The Sleeping Giant

As I write this article, NEBL, a low-volume high potential coin released two months ago is sitting at a measly $1.48, which is 52% of where it stood just three days earlier at an all time high of $2.81. While a lot of this has to do with altcoins taking a hit in the wake before the BTC fork, NEBL is primed to make a major upswing in the next few months. Here is the case for NEBL's imminent skyrocket.

NEBL 30 Day Price

What is Neblio?

Neblio is a decentralized platform for enterprises to deploy blockchain applications without having to build their own blockchain. Whereas most other cryptocurrencies utilize their coin as a means of transferring value across the platform, Neblio builds off their token by providing it with a functional purpose: to provide blockchain access seamlessly to enterprise functions.

For example, if a company is collecting data on patients, and would like to store or send the information, they would normally need to have their own storage and means of transferring the file. Often this requires expensive servers and mainframes to handle input/output traffic, and these are prone to theft, ddos, downtime, etc. By using Neblio, companies can make use of a fast, secure record management system that allows them to perform secure Peer2Peer data transmission at very quick rates, at little to no cost to the user.

The other major breakthrough of Neblio is that no single entity must retain the entire blockchain. Whereas most cryptocurrencies require the user to download and verify entire blockchains before participating, Neblio distributed the blockchain amongst its users, which makes participating easier, and removes barriers such as memory and cpu capacity.

Space for NEBL to Grow?

There are two reasons I see the price of NEBL rising to new highs in the next year or two. First, it solves a real problem. If you consider all the ICOs that are creating new blockchains to solve particular problems, many of these could be solved by NEBL, reducing the demand for new coins. Most developers create new specialized blockchains because expanding upon existing blockchains would be difficult and integrating with them would be a nightmare. Imagine being asked to use the Ether blockchain to build a decentralized instant messaging platform. Somehow embedding this information in smart contracts is difficult because that's not what they were intended for. Neblio provides a generalized blockchain interface which businesses can very easily expand upon to fit their needs, rather than finding a specific blockchain which could solve the problem. This means a larger customer base, and equally important is that it's marketed toward enterprises.

Second, the coin is in a good technical analysis position. The overall volume of the coin is low, at just 13,170,091 million coins, of which 95% has already been distributed, meaning growing demand for coins is imminent. The coin also has a low market cap of just $20 million after just a month. Getting listed on more exchanges, acquiring only a few large corporations, etc. would cause this value to increase dramatically. If the coin becomes a top 50 coins in the next year, of which right now has a minimum market cap of ~$130 million, the price could increase beyond $10. And that is conservative because right now most altcoins are at 30% avg market cap and all markets are set to grow exponentially over the next few years, putting $20 - $25 NEBL as a definite possibility!