Below the radar: 5 coins with low social visibility but high sentiment

In the latest analysis, Remy Stephens explores five altcoins surpassing expectations with positive sentiment from communities and investors.

Sometimes taking a look at the coins that aren’t buzzing can be beneficial.

Since Bitcoin’s price action this week has been, uh, volatile, I figured I’d steer clear of the standard Alt coin analysis I usually provide while things settle down.

Instead, I shifted the way I look at my data a bit. When I put out my weekly picks, I generally set a threshold that coins need to be mentioned by at least four of the 154 influencers/traders I track and at least five separate times.

But today, I thought I’d spotlight some of the coins that just barely miss the cut.  Each of the five coins below would have been in my top 10 this week but were just shy of the criteria.

All of these coins have been met the criteria for ranking repeatedly over the last three months, but have simply fallen out of the conversation on Crypto Twitter recently.

Doesn’t mean they aren’t worth a look.

Methodology

Each week, I scrape the Twitter accounts of some of the crypto world’s favorite influencers, traders and TA folk. I run a sentiment analysis to see which coins they are mentioning positively, neutrally and which they are mentioning in a negative light.

I also take in data on unique influencers, retweets, favorites, volume and strength of feeling in sentiment.

I calculate power by through a weighted formula that takes into consideration volume, number of unique influencers and sentiment. The higher the score, the better, the lower the worse.

This isn’t financial advice, just my own way of trying to make sense of what’s out there. And as with most things, the more data I collect, hopefully, the more interesting it’ll be. This is a work in progress. Please leave suggestions on how to make it better. I imagine if I keep up with it, I’ll be able to expand a bunch of the analysis, but I wanted to start somewhere.

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Author: REMY STEPHENS 
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3 Great Alt-Coins To Buy Right Now

Summary

As Bitcoin, Litecoin, Ethereum, and Bitcoin Cash become more mainstream, people are looking for alternatives to invest in.

While alt-coins are typically riskier due to a smaller market cap, among other factors, they also offer greater rewards.

OmiseGO, Stellar, and Golem are three phenomenal buys for the upcoming cryptocurrency bull market.

As we saw in the cryptocurrency bull market of 2017, alt-coins are where the rewards lie.

Sure, investing in mainstream cryptocurrencies like Bitcoin, Ethereum, Litecoin, or Bitcoin Cash can definitely net you a pretty penny, but if you want to make very large returns, you need to dabble in alt-coins.

Not all coins are created equal, however. It seems that every day a new scam ICO is created, with the goal of fleecing the general populace of as much money as possible. This being said, there are a few good ones that are here to stay for 2018.

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OmiseGO

To start, the fundamentals show us that there’s still a lot of room to grow. When we compare the current price, market cap, volume, and total supply of OmiseGO (OMG-USD) to a larger cryptocurrency like Litecoin or Ethereum, it becomes apparent that this coin is just getting started.

• Current Price: $12.70 (or .00154 BTC)

• Market Cap: $1,295,950,612

• 24h Volume: $35,761,400

• Total Supply: 140,245,398

While this coin has taken a stark hit over the past two weeks, many cryptocurrency bulls aren’t worried. OmiseGO is fundamentally valuable for a number of reasons and has a number of chips stacked in its favour.

OmiseGO has been rapidly expanding into Southeast Asia, as made evident by their recent contract signed with South Korean banking officials:

Thailand’s Omise and OmiseGO have signed a Memorandum of Understanding (MoU) with major South Korean credit card business and technical company ShinhanCard, an affiliate of Shinhan Financial Group, as part of a move towards fintech innovation and Blockchain adoption throughout Asia, according to Oise’s press release published Thursday, April 5.

In addition to this, a London exchange also just added OmiseGO, but the expansion isn’t going to stop here – not by a long shot. They plan to capture much of the market in Southeast Asia, and as cryptocurrencies become more common and accessible, the likelihood that their price will go up is very high.

The cryptocurrency is also backed by an incredible team, known for making results. One such member of their advisory board is Ethereum’s very own creator, Vitalik Buterin… and he doesn’t mess around, seeing that OmiseGO is the only coin he’s backed as of now.

Stellar

Stellar (XLM-USD) is another example of a great cryptocurrency that could see very large returns throughout 2018 and beyond. Let’s start with the fundamentals, which also look solid.

• Current Price: $0.3177 (or .0000387 BTC)

• Market Cap: $5,902,104,333

• 24h Volume: $29,198,900

• Total Supply: 103,946,502,380

Like many other coins, Stellar has also seen a drop over the past several weeks. That being said, it is fundamentally solid and I wouldn’t be surprised if it nets investors ROIs that make last year’s crypto bull market look small by comparison.

Stellar is a decentralized, hybrid blockchain infrastructure that allows global, cross-asset transfers of value, where all users, from people to payment networks or financial institutions, have equal access and economic participation, making them one of the most unique alt-coins to date.

In addition to this, IBM (NYSE:IBM) just announced that they’re using Stellar for their latest blockchain-based project, and it’s been slowly rising despite recent cryptocurrency bearish market sentiment.

With Stellar, micropayments will become fully possible, and developing countries will finally have easy access to banking. This makes them a great candidate to invest in for 2018 and beyond.

Golem

Last, but not least, there’s Golem (GNT-USD) – the techie friendly, video rendering blockchain technology that’s promising to revolutionize the way that movies, games, and graphics are processed. Let’s take a look at the fundamentals:

• Current Price: $0.5356 (or .00006524 BTC)

• Market Cap: $447,197,151

• 24h Volume: $15,798,100

• Total Supply: 1,000,000,000

Golem is an Ethereum-based, global, open source, and decentralized protocol which unifies idle computer power to enable massive computing speeds for relatively low costs. This has numerous applications for video rendering, data processing, and more, which will enable institutions and content creators to process files in a fraction of the time it would normally take.

The coin just went live a month ago, and is causing a surge of faith in the Ethereum-based token markets. While it may take a while to hit the mainstream level for video producers, many crypto bulls believe it will be a game changer that could net massive returns over the upcoming years.

In addition to this, Binance, one of the largest cryptocurrency exchanges to date, just listed Golem to its cryptocurrency line up. This caused a temporary surge by over 15%, and although the price has since fluctuated, some have speculated that it could hit $1.00 very, very soon.

The Bottom Line

All in all, the cryptocurrency markets are the wild, wild west, but with increasing adoption by not only corporations and banking institutions, but by consumers as well, this “wild west” is about to be tamed.

As the public becomes more crypto-savvy, many bulls expect the prices of these three alt-coins to rise in massive value. They all have very solid fundamentals and offer a unique value proposition to the market which could potentially be game-changing.


Here at Dollar Destruction, we endeavour to bring to you the latest, most important news from around the globe. We scan the web looking for the most valuable content and dish it right up for you! The content of this article was provided by the source referenced. Dollar Destruction does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products or other materials on this page. As always, we encourage you to perform your own research!

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Author https://seekingalpha.com
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Bithumb listing Omisego [OMG] – Price hikes more than 26% – Airdrop on the way

The market seems to be in favor of OmiseGo [OMG] as it is the only top coin in green when all the other coins are going down and are facing a bloodbath. One of the main reasons for the sudden rise of the coin is due to its listing on Bithumb.

Bithumb, the second largest cryptocurrency exchange in South Korea and one of the leading exchanges around the globe has announced that they have listed OmiseGo [OMG] and Kyber Network [KNC] on their platform.

The coins will be listed on 26th April 2018 at 9:00 a.m UTC and will be available on Bithumb and Bithumb Pro.


ICO of the week:
Vanywhere.com:
Working product – ✅
Major player involved – ✅
Experienced team – ✅
Active community and social channels – ✅
Potential of mass adoption – ✅


The exchange platform will be supporting an airdrop for the listing of OMG and distribute it to all the customers holding Ethereum [ETH]. In addition, the exchange platform will be holding a ‘Pay-back-Event’ to show gratitude to all its customers.

OmiseGo announced the airdrop on Twitter:
“Public demand has spoken! Big thanks to Bithumb for giving the block3988888 OMG airdrop to their eligible users! And thumbs up on listing the $OMG token powering the Plasma decentralized exchange. Hybrid centralized-decentralized exchanges are DEFINITELY on the way!”

The Omisego [OMG] airdrop will be held today at 14:00. The distribution will be held in order and will be given to customers who held 0.1 ETH on 8th July 2017 at 4:36:56 UTC. These customers will receive 0.075 OMG for 0.1 ETH.
For all the customers who deposit and transfer during the event will earn 1% payback.

Erichkim1, a Redditor says:
“No wonder the price has been pumping Well done indeed!”
Elyziancs, another Redditor says:
“Omisego giving the power back to the people. This project is revolutionary, i dont care about the money, i care about humanity.”
Casascius, a Twitter says:
“I love my OMG. The future is now.”
Shreyaradhye, another Twitterati says:
“Superb.. Same thing gonna happen like storm.. Which was freaking 200%”

According to CoinMarketCap, Omisego [OMG] is currently trading at $21.06 with a market cap of $2 billion and has seen a significant rise of more than 26% in the past 24 hours and a 9% rise in the past hour. Kyber Network [KNC] is currently trading at $3.10 with a market cap of $451 million and has seen a significant rise of more than 58% in the past 24 hours and more than 5% in the past hour.


Here at Dollar Destruction, we endeavour to bring to you the latest, most important news from around the globe. We scan the web looking for the most valuable content and dish it right up for you! The content of this article was provided by the source referenced. Dollar Destruction does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products or other materials on this page. As always, we encourage you to perform your own research!

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Author: Prerana Sarkar
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Verge, EOS and OmiseGO are the biggest gainers this week!

Verge [XVG], EOS [EOS] and OmiseGO [OMG], are the biggest gainers this week!

 

After a very poor start to the year, last week’s dramatic hike reminded the community of the crypto volatility. Since the very beginning, the top coins like Bitcoin [BTC], Ethereum [ETH], Ripple [XRP] and Bitcoin Cash [BCH] have been the biggest buzzes in the market.
As of now, it looks like these coins aren’t the only ones taking the whole crypto-space by storm. Several altcoins such as Verge [XVG], EOS [EOS] and OmiseGo [OMG] have joined the race. Irrespective of what the market speculators believe, it sure looks like the days of altcoins is finally here. These coins have become favorite go-to altcoins for all the investors and traders in the crypto-space mainly due to its killer whitepaper, technological advancements, new partnerships, etc.

The sudden hike in the market capital and price prove that Verge [XVG], EOS [EOS] and OmiseGo [OMG] are the biggest gainers this week. According to Price.AMBCrypto, Verge is currently trading $0.094 with a market cap of $1 billion, seen more than 45% hike in the past 7 days; EOS is currently trading at $8.31 with a market cap of $6 billion seen more than 40% hike in the past 7 days and OmiseGo is currently trading at $13.36 with a market cap of $1 billion seen more than 42% hike in the past 7 days.

Jason Francis, a cryptocurrency trader, and investor says:
“I was right on betting on the alt-coins. Not like something’s wrong with Bitcoin and Ethereum, it’s just that even these coins started off with very little value and I don’t think we should loose out on the alt-coins. They seem pretty rad as well.”

Peter K, a crypto-enthusiast says:
“It’s quite interesting how the these coins have picked up. They do seem to have a lot of potential especially Verge, the coins been through so much hustle and bustle the past few days and it has emerged victorious. If this keeps continuing, we’ll be seeing it in the top 10 very soon.”

Ashwin Raj, a cryptocurrency investor says:
“I still do doubt the credibility of these coins. If you look at it in a non-linear point of view, Satoshi created Bitcoin for the betterment of humanity, I highly doubts these coins were made for the same purpose. Now-a-days its all about how to make quick money and a lot of ICO’s are here in the market solely earn money and scam people. I’m not saying that these coins are scams, I’m just saying watch out and don’t buy anything quickly.”


Here at Dollar Destruction, we endeavour to bring to you the latest, most important news from around the globe. We scan the web looking for the most valuable content and dish it right up for you! The content of this article was provided by the source referenced. Dollar Destruction does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products or other materials on this page. As always, we encourage you to perform your own research!

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Author: Neil Kumar
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