5 Altcoins Likely to Beat BTC Returns This Week!
This week has 5 cryptocurrencies likely to destroy BTC’s percentage gains over the short term. These 5 cryptocurrencies include ZER(Cryptopia), SNOV(Bibox), ETH, MTH(Binance), and MTL(Binance).
Each has an enormous event, announcement, partnership, oraddition of utility that lands them on this list.
These coins can be acquired here:
Cryptopia: https://www.cryptopia.co.nz/Register?referrer=JaketheCryptoKing
Bibox: https://www.bibox.com/login/register?id=11305470&lang=en
Binance: https://www.binance.com/?ref=15316928
Between the five highlighted cryptocurrencies, technical analysis points to the highest short-term returns coming from ZER (Zerocoin has the smallest market cap and largest percentage decrease since January) or SNOV (releasing their marketplace prior to the end of the month).
SNOVIO — SNOV (MARKETPLACE LAUNCH)
SNOV has promised to have their marketplace launched by March 31, 2018 (or earlier). Currently, the SNOV token has no utility excepts its ability to be traded. In under two weeks, the SNOV token will greatly increase its utility once the marketplace is launched. Tokens are useless without an actual utility. With a coin price of $.03 and a market cap of $13 million, it is likely SNOV sees exponential gains when they release their marketplace and establish utility for their token within two weeks.
ZEROCOIN — ZER (NEW EXCHANGE LISTING AND WALLET)
Currently, ZER is only listed on one exchange (Cryptopia) and its catalysts for a major increase in value are their upcoming announcements of a major exchange listing and a new wallet.
ZER has fallen over 93% since its all-time high in mid January. The month of January had ZER trading at approximately $12, a far cry from the current $.90.
ZER has promised to have their mobile wallet released and a large exchange announcing the listing of their crypto by March 31. ZER’s utility is about to increase significantly. The addition of a wallet while boosting volume and publicity with the announcement of a new exchange will greatly increase ZER’s short-term value. The ZER team and concept are both impressive and revolutionary. This week should provide a huge boost to ZER’s value with a wallet about to be released and a major exchange listing announced.
MONETHA — MTH (FIRST PRODUCT MILESTONE)
MTH falls into the category of adding utility to their token in the next two-week period. Timing is everything in crypto as it is essential to have purchased prior to the date of the important announcement. In this case, their first product milestone on March 31, 2018. MTH is valued at $0.10 per coin with a market cap of $22 million. Adding the slightest bit of utility will dramatically increase both of these numbers. January 12, 2018, MTH was trading at $0.59 more than 500% higher than where it is priced today.
The largest milestone in MTH’s development is occurring in two weeks yet the price is 80% lower than where it was in January. Look for MTH to rapidly appreciate leading up to their product milestone March 31, 2018.
ETHEREUM — ETH (SEC NEWS) If ETH continued to release ICOs that turned out to be scam or fraud related they very quickly would lose their reputation of being one of the most reputable in the business. The SEC getting involved may diminish their business in the immediate short-term but should allow for many more, legally started, ICOs in the near future.
ETH is currently valued at $611 with a market cap of over $60 billion. March 4, 2018, ETH was trading at $865 and since the ‘negative’ SEC news has fallen more than 25%. Normally market cap coins of this magnitude do not make the “altcoin” list.
This week the co-founder of ETH, Joseph Lubin, presented as a Keynote speaker for the South by South West (SXSW) conference in Austin, TX. Clearly, blockchain technology is here to stay and cryptocurrencies that overreact to current events are prime opportunities for above-average returns in the short-term.
METAL- MTL (METALPAY AND CEO’S PRESENTATION)
MTL is about to release MetalPay. Without MetalPay currently, MTL has no utility. Their token can be traded on exchanges but besides that cannot be used for anything.
When MetalPay is implemented the utility of the MTL token increases along with the underlying value of MTL. The concept behind MTL is incredible. Most crypto currencies transactions speed are ‘slow’ compared to MTL with all having fees above MTL’s. This is because MTL plans to pay the user to send crypto. Yes, they actually intend to reward users up to 5% for each purchase they make using MTL, with no transaction fees.
MTL is turning the crypto world on its head by inversing the current fee structure. Instead of there being exorbinant fees to transfer crypto, now merchants and individuals using MTL will actually receive a multiple percentage dividend each time funds are sent or received. Their CEO Marshall Hayner is one of the top figures in the crypto space and will continue to push MTL towards a successful launch of MetalPay.
MTL was trading over $10 in January and is currently $3.67 per coin with a market cap of $81 million. Following the successful release of MetalPay their January highs should be quickly approached as MTL will revolutionize the fee structure of sending crypto.
CONCLUSION — To read the conclusion or the expanded description of the Altcoins Likely to Outperform BTC, please check out the article in its original form here: http://bitcoinist.com/5-altcoins-outperform-bitcoin-march-17/
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