Are you QASHed up?
I am very excited. My crypto trades have been doing well. The winners are way outnumbering the losers. Oh wait, there haven’t been any losers yet, but they will come! Lulu is noisily munching bamboo. She has no interest in cryptos, only the lifestyle it brings.
There are two ICOs that listed recently, both of them sleepers in their own way. I am going to tell you about one of them today - QASH. I get very excited when I think about it.
Why?
Let me tell you why.
- The ICO sold out in less than 20 hours. Oh, and they raised US$105 million dollars.
- Once CoinMarketCap got QASH’s market cap sorted, they popped onto our screens somewhere in the Top 40.
- Besides their own internal exchanges, they are now listed on Bitfinex, one of the world’s largest exchanges.
- They are promising to bring liquidity to the crypto markets.
The thing is, on the surface, every ICO looks promising. Hell, they promise the world, but few of them have any chance of delivering. But QASH (pronounced CASH) does. They have an excellent team and a couple of great Trading Exchanges which they own and run. They are the first Trading Exchange to be regulated by the Japanese Government. They have a proven track record.
Actually, their QUIONE exchange was the Number 1 Trading Exchange in the world yesterday, shuffling more than US$8.5 billion dollars, more than double the numbers handled by the mammoth Bitfinex.
And yet they are quietly working away, not even on most traders’ radars. They have connections in high places with some of the best exchanges in the world, so if anyone can bring liquidity to the market QASH can.
I don’t know if they are going to be $10 in the short term or even $20; my crystal ball is strangely absent, but I do know they are going to be a big player in the market. All I know is when they release their new beta platform in the coming months, I will be staring down from a far away moon.
But ignore me, I am but a fat panda.
Oh, and the other crypto - ask me and I’ll give you a clue?
Nice evaluation and I agree. Their exchange is baffling at first, (quoine) but now I like it. I backed the truck up on these. Waiting patiently for the BTC vacuum to fire up again and scare the pants of the ALT market, could be wrong of course...
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