Wall-Street Altseason is coming - Consensus 2018 biggest blockchain conference 14-16th May.
Chart show ZCash as its being recently promoted by DGC so it might be good example of altseason 2018
Introduction:
Biggest player here is VC fund Digital Currency Group (DGC), who own in portfolio and influence also other big players like Circle, ZCash and Coindesk (Consensus conference organizer) and many more companies and cryptos.
Observations
- ZCash was added to Circle Crypto investment app,
- 14th-16th of May Consensus 2018 conference will take place in NY - the biggest blockchain conference in this year
- in 2017 on 22th-24th of May Consensus 2017 took place - highlighted on chart to compare
- in 2017 before we had very big bull run and after the other one, on many of midcaps (not BTC , ETH etc.)
- ZCash aswell as NEM are sponsors of conference both in 2017 and 2018 - Cryptocurrencies who were sponsors had great bull run
- eg Bitshares was not sponsor as it is completely decentralised in its structure, but was strong project with low-mid cap in 2017 and pumped aswell
Conclusions
- here in 2018 we had small bull run before conference as of yet, the prices are cheaper, so media & VC investors are creating more comfortable conditions (social sentiment and price levels), for new investors before major PnD
- I suspect ZCash will be pumped and then dumped 20-30 days after conference,
- expecting pump of DGC portfolio coins
- expecting pump of projects who are sponsors and speakers at conference
- expecting biggest pump of strong projects with mid-low market caps
Here is crypto portfolio of VC fund Digital Currency Group :
-Basecoin
-Bitcoin Cash (BCH)
-Bitcoin Gold (BTG)
-Blockstack
-Civic (CVC)
-Colu (CLN)
-Decentraland (MANA)
-Ethereum Classic (ETC)
-Filecoin
-Hedera Hashgraph
-Livepeer
-Unikoin Gold (UKG)
-ZCash (ZEC)
-ZenCash ( ZEN)
Here are list of some sponsors/speakers at conference:
1)NEM
2)PILLAR
3)QTUM
4)RIPPLE
5)VECHAIN
6)ICON
7)LISK
8)NEBULAS
9)POLYMATH
10)DASH
11)AION
- QLC
... and more (coindesk source)
My personal picks are:
- SophiaTX (SPHTX) - mid cap, the only SAP connecting blockchain on DPOS (apart from SAP) - 50x
- Autonio (NIO) - low cap, working alpha, strong partnership with Bitshares, trading bot fist to have AI with ML and market maker 35000 tx/day, and dex exchange - 50x
- NapoleonX (NPX) - low cap, working alpha, decentralized asset fund driven by algo bots - dividends for token holders - 50x
- Bitshares (BTS) - beside high cap, it has the strongest growing community and this is true blockchain usability unlike other speculative hype cryptocurrency and first to be on DPOS (best consensus protocol). - 10x
- EOS - hyped to be competitor of Ethereum - 5x
where's your sources?
where'd that dcg list come from?
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