With Digital Currency Now Mainstream, Crypto Startups Set to Emerge as Winners

S  Huge Gain Potential  These are exciting times. A significant new asset class has exploded from the woodwork in a way that few thought possible. Ethereum ended 2016 trading at $8.00/

FOREX INVESTORS  Huge Gain Potential  These are exciting times. A significant new asset class has exploded from the woodwork in a way that few thought possible. Ethereum ended 2016 trading at $8.00/ETH, and it now trades at around $270.00 (as of this writing). We all know how far Bitcoin has come. If you’ve missed the boat on investing in these two cryptocurrency patriarchs, there’s good news. The upcoming ICO cryptocurrency list promises the potential for more explosive price appreciation.

In case you’re not familiar with the acronym, ICO stands for “initial coin offering.” It’s the preferred method for fledgling crypto startups to raise capital to build and expand their new cryptocurrency offerings. Backers may create a whitepaper or a document resembling a prospectus to generate investor demand. This document will state all of the relevant project facts, like how many digital coins will be issued, the overarching code structure, how much capital is needed, and so on.



Huge Gain Potential

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Needless to say, these ventures are risky and not suitable for conservative investors. Failure rates are high, and mainstream investor demand may never materialize even if the project gets completed. As of late-June 2017, there were over 900 distinct cryptocurrencies changing hands daily. Obviously, the market is becoming quite saturated, with only a fraction of these cryptocurrencies likely to stand the test of time.

Cryptocurrency Market

Disclaimers aside, the explosive growth potential for cryptocurrencies is breathtaking.

Between July and August 2014, the Ethereum ICO raised $18.0 million in Bitcoin (about $0.40 per token) for its token currency, the ether (ETH). About a year later, Ethereum’s first-generation platform was released, and the rest is history.

It didn’t take long for early investors to realize a gain on their investment. ETH rose 29-fold between October 2015 and March 2016, before consolidating in a year-long range. Since breaking out, prices have reached an incredible high of $389.00 per ETH token before paring back. That’s more than an 800-fold return on investment in less than two years!

Cryptocurrency Market Cap Chart (as of July 5, 2017)

Cryptocurrency Name Market Cap (Billions USD)  Price (USD) Monthly Trade Volume (Billions USD) Market Share
   Bitcoin  $41.8  $2,574.74  $41.8 40.7%
   Ethereum  $28.3  $316.57  $30.8 27.6%
   Ripple  $10.3  $0.27  $6.1 10.0%
   Litcoin  $2.2  $42.12  $12.6 2.1%
   Ethereum Classic  $1.8  $19.02  $4.9 1.7%
   NEM  $1.5  $0.17  $0.4 1.4%
   Dash  $1.3  $180.12  $1.4 1.3%

Ongoing

Name ICO Scale Total Currency End Time
Dimcoin 10.0 million DIM various cryptocurrency 8/28/2017
Starta various cryptocurrency 8/4/2017
Money Technology $500,000 USD various cryptocurrency, USD 8/2/2017
Tezos various cryptocurrency, USD 8/1/2017
Giga Watt 30.0 million WTT Ethereum (ETH) 7/31/2017
DAO Casino Bitcoin (BTC), ETH, USD 7/30/2017
True Flip 6,215 BTC ETH 7/27/2017
Civic $33.0 million USD 1.0 billion CVC BTC, Litecoin (LTC), ETH, DASH 7/21/2017
Skincoin 600.0 million SKIN 1.0 billion SKIN BTC, ETH 7/21/2017
Orocrypt Inc. 500,000 tokens ETH 7/14/2017
Populous 36.0 million PPT 53.3 million PPT euros, BTC, ETH 7/8/2017

Pending

Name Round Start Time
Starbase 7/30/2017
Presearch 1 7/25/2017
Coindash 7/17/2017
Rialto.ai 1 7/15/2017
Dent 7/12/2017
InsureX 7/11/2017
Suretly 7/11/2017
AKASHA 1 undertermined
Hivemind (HMD) undertermined
Postbase (POST) undertermined
Filecoin (IPFS) undertermined
Rootstock (RSK) undertermined
FundRequest (FND) 1 undertermined
Agrello undertermined

 

|Chart | Calendar   | TRADE NOW | FORCAST | cryptocurrency 

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Jadtecnic

Richard Dambrosi (JADTECNIC) Has Been Sharing FOREX INVESTORS ANALYSIS FORECAST since 2011. Editors and Founder of InvestorsBuz.com, has a passion for Forex Social Sharing analysis and Market Trends Such as Self Driving Cars, Electric Cars, Medical Marijuana, 3d printing and Cloud computing, Refers to Readers as BUZ INVESTORS.

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