Buying Opportunities - SALT - The Crypto Loans Revolution? [#3 of the Series]
Hello Stemians, today I want to refer to SALT, the #3 on the series of Buying Opportunities.
Salt is A Revolution For Cryptocurrency Investors, just as @josephharris states in his post. SALT is an ETH token, utilized to obtain membership to the SALT Lending Platform.
SALT platform lets crypto holders to get ‘Blockchain Backed Loans’, where crypto holders of blockchain assets can use their blockchain assets, as collateral for a cash loan they receive from the platform. This really means holders are able to access some of the value of their cryptocurrency holdings, without having to sell any of their token. In this way, they don’t loose their gains on it’s future future growth.
See more of @josephharris post here: https://steemit.com/salt/@josephharris/salt-review-a-revolution-for-cryptocurrency-investors
Salt now ranks number "47" in marketcap of all crytos.
As @champagnecrypto explains in his post, Salt Lending accepts Bitcoin and Ethereum as collateral for cash loans. Loans are approved based on customers crypto holdings NOT on their credit history. Check his quality post here: https://steemit.com/crypto-news/@champagnecrypto/salt-lending-cash-loans-backed-by-ethereum
Current market cap of $133,687,813. that means a big growth potential growth of "10x" fold or more considering the possible demand of people to use the salt network for getting loans.
Salt is now only "$2.86", if we buy 100 USD its worth around "34" Salt, and 1,000 USD are around "340" Salt. This project can start climbing any time, since it reached above $7.30 usd on its peak this month of October and it has been almost all the month above $3, despite all the situation with the Chinesse ICOs ban, the JP Morgans CEO Jamie Dimons non-sense words, and the proximity to the bitcoin gold hardfork.
Low Circulating supply of "46,751,837" Salt, and a total supply of 120,000,000 Salt.
As @zeartul mentions in his post: https://steemit.com/salt/@zeartul/salt-token-to-hit-usd100-usd150-per-coin he believes SALT will hit 100 to 150 each coin sooner or later.
As @zeartul mentions in his post, Salt is available on the Exodus Wallet and we can exchange it for all the cryptos available on Exodus: https://steemit.com/salt/@zeartul/exodus-wallet-to-support-salt-tokens-exchange-gatecoin-to-list-it-as-well-did-you-buy-when-i-told-you-to
As @josephharris mentions in his post, Erik Voorhees, the CEO and Founder of ShapeShift is on the team.
There's a number of impressive team members here, most notably Erik Voorhees, the CEO and Founder of ShapeShift. He’s a pretty well known name in the cryptocurrency space, and you may well recognise him from the Banking on Bitcoin documentary.
If you are interested in more members of the team, this can be directly checked on the SALT's website, here:
https://www.saltlending.com/about.
Any other posts you read, or information about SALTthat would be helpful for the entire steemit community, and for people that are using Google to search for investment opportunities? This Google searches as @jerrybanfield mentions will continue bringing tons of people to steemit too.
As always DYOR, this are only facts. And only invest what you are willing to loose.
Regards,
@gold84
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Great research @gold84.
Thanks for the investment advice.
Sounds like it could be a winner.
What exchange is it on?
@bigsilver
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@bigsilver salt is on bittrex and on Exodus Wallet, between others. I am glad you like this research. The previous buying opportunity was EOS ( https://steemit.com/steemit/@gold84/buying-opportunities-eos-a-decentralized-operating-system-2-of-the-series ). It was at 52 cents 5 days ago, now it is on the 80 cents, and this one will go to the sky in the long run I believe. Same as bitshares, which @cryptographic explains very well. You can check his posts and will see about bitshares potential. @gold84
Awesome, thanks.
I appreciate all your input, comments and post.
Keep'm coming! :)
hi @gold84, good post, I like it this post, Are you willing to see my blog?, @myaceh, i would appreciate it if you could, thank you..
@myaceh thanks for your comment. Keep your work. @gold84
Thank you again @gold84
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