CryptoKing Report for Feb. 24th: MWAT, Top 5 Cryptos by Market Cap, Crypto Games and 2 ICOs Ending (5% and 15% Remain)
Well these markets are as turbulent as ever! If you are holding ZCL through the airdrop, which is what I am doing, I suggest using one of the three platforms (Electrum, Coinomi or Trade Satoshi) to ensure you get your BTCP! The minute a large exchange announces support the price of BTCP and ZCL will fly. ZCL provided the ZCash fork and now is providing the BTCP fork. Unlike, BTC, ZCL rarely forks and when it does produces a highly valued asset. Expect BTCP to rival any fork value of BTC to date within six months, and exchange support. I would hold ZCL and BTCP for multiple months (until ZCL announces another fork) and BTCP announces exchange support.
My two most recent pieces include an analysis of the top 5 large cap cryptocurrencies. During my research I realized these 5 out of 1500 make up over 70% of the total crypto market cap. I also realized BTC solved most of its scalability problems, LTC should have an incredible year, and XRP is being used by the financial institutions of the world. That article can be read here:
https://btcmanager.com/top-large-cap-cryptocurrencies-analyzed-2018-btc-eth-xrp-bch-ltc/
People always talk about scam coins and what is the “value” of a crypto. We go can go back and forth all day about what creates value and if BTC has no value neither does any fiat. Either way what does create value is a peg. MWAT is pegged to a specific amount of electricity, an ever growing amount that at any point past August can be cashed in for power in your home (starting in Eastern Europe). The coin was created by the largest private energy producer in Europe legally allowed to distribute power. Here is an analysis of how the blockchain is impacting the energy industry!
https://btcmanager.com/blockchain-meets-energy-industry-analysis-powr-mwat-wpr-slr/
My two favorite ICOs are about to end their presale or ICO. Debitum is 5% away from hitting its hard cap (it won’t be listed tomorrow as it won’t be available!), while Vestarin is 15% away from its hard cap for pre-ICO. The price of Vestarin for the normal ICO will double, decreasing the number of VST you receive by 50%.
The first ICO I like is Vestarin (15% left):
https://vestarin.io/?ref=38b3eff8baf56627478ec76a704e9b52
This is a favorite more for the short term based on their ICO pricing. The ETH to VST rate is currently: 3000VST per 1ETH. This will decrease to 1500VST per ETH by the time of the actual ICO sale (we are in pre-sale currently). This means you will have made a 100% return heading into the beginning of the ICO if you purchased at the pre-sale price. On the ICO ranking websites anything above a 4 is usually considered great. ICO Bench gave this a 4.7.
The second ICO I like is Debitum (5% left, last day listed): https://debitum.network?a_aid=CryptoKing Debitum already has a significant social media presence with approximately 10,000 Telegram members. This is one of those ICOs that never had a “huge” bonus with the max bonus being 20%. This ICO raised $2million in the first 2 hours of their crowdsale. Their hard cap is 20,000 ETH and they are about to pass 10,000. For the next short while there will be a bonus and then no bonus until the ICO’s completion. On Oct. 31st, Debitum won the d10e Jury and Audience ICO Pitch Competition in Gibraltar. This is the first time an ICO won both the jury and audience award. Debitum’s business plan is to leverage blockchain technology to distribute fiat investments to the small business financing world. Having already won prestigious awards (2!), having a solid Telegram community (10,000 members), and their last chance bonus provides the perfect ICO opportunity for those looking for a mid-February play!
Cryptocities and cryptocountries have led the ETH Dapp list’s highest volume of ETH traded the last few days with thousands of ETH traded between the two games. Prices on both games should continue to soar, if you are interested in a new ETH based game like Cryptokitties (with the scarcity issues and transaction problems fixed), Cryptocities.net is great for the smaller budget, or cryptocountries.io for the high rollers.
These games can be played here:
https://cryptocities.net (Lower buy in, start at any price point you want)
https://cryptocountries.io/dapp/ (Minimum buy in 4ETH, but check it out!)
My strategy for both games is acquiring the cheapest countries available ensuring a minimum of a 20% return. If you do not have enough ETH for countries (try to as it’s more fun playing with more ETH), then your move is to buy cities on cryptocities.net.
I wrote an in-depth article regarding cryptocities and cryptocountries here:https://btcmanager.com/monetized-digital-gaming-taken-ethereum-blockchain/
Binance is officially taking new traders! Binance: https://www.binance.com/?ref=15316928 Cryptopia: https://www.cryptopia.co.nz/Register?referrer=JaketheCryptoKing
I appreciate all my loyal followers! I am trying to build a social media presence and would love if you followed me on Instagram and Twitter as well! For tips and strategy hours before being posted to the message boards follow on Instagram: JaketheCryptoKing and Twitter: JbtheCryptoKing. And now on Discord: https://discord.gg/qTjQp8W (join the group to reach me directly).
Good job friend
Coins mentioned in post: