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RE: Crypto Contest June 11: NEM

in #nem7 years ago (edited)

NEM will takeout the May 19 peak (22 voters as of 3 PM EST June 12: bleujay, bitshares101, yefet, kooshikoo, simonjay, wingz, alexrickard86, ikilledcobain (did not vote the main post), eirik, starline, daniel.dalo, cassidyandfranks, jznsamuel, skririm, poppy.poppers, dirty.hera, ragnaros, mprgrmmr, sarasate, igsamuel, davevandewalle, jinsu5).

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I'm most concerned about its market cap - which seems high for something that, IMHO, isn't "mainstream" yet (it misses all the news cycles, which seemed to have been about BTC, XRP, and, this weekend, ETH).

I think folks might be dissuaded when coming in from the sidelines because it's a Top FIVE coin. Really?

That is when technical analysis becomes handy.

As per true application usage NEM is far ahead of the game to most cryptos. It doesn't get much press but the proof is in the pudding and there is a lot going on with real world applications. A sleeping giant comes to my mind.

I'll definitely research more.

LSK is another one that people say has real-world applications, but is mostly unknown. (And with a huge market cap, too.)

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