The Best Cryptos for the 2nd Half of March 2018 (XRP, BURST, MTL, BRD, ARK, NEO & GAS)

Even with a steady stream of FUD, March is packed with positive events. These events include: hard forks, airdrops, and conference presentations. To take advantage of this upcoming bull run and market rebound make sure to be holding; NEO (NEO), GAS(GAS), Bread (BRD), Metal(MTL), Ark (ARK), Burst(BURST), Ripple (XRP).

XRP: Ripple(Money 20/20 Asia)

What makes Ripple (XRP) a fantastic play this week for a short- or long-term hold is their market penetration coupled with an important conference this week. XRP is presenting at the Money 20/20 Asia conference in Singapore. The conference runs from March 13–15. Unlike many of the recent events that have seen presentations from the top cryptos by market cap, Money 20/20 Asia is not a blockchain specific conference. Money 20/20 holds conferences all over the world specializing in, “Where the entire payments, fintech, and financial services industry connects. Everyone is here, every time.” Most conferences claim to be the “best and biggest,” however, Money 20/20 is not exaggerating.

The top names presenting and sponsoring the Money 20/20 Asia conference include Google, Amazon, MasterCard, Discover and crypto currencies such as Monaco (MCO), Dash (DASH), and most importantly Ripple (XRP). It is obvious Money 20/20 attracts both leaders in blockchain and leaders in the technology sector. Discover, MasterCard and Google are all five-star sponsors of this conference.

Brad Garlinghouse is the Chief Executive Officer (CEO) of Ripple which is the company behind the XRP token. He is speaking specifically at this conference and has been featured in Forbes and CNBC many times. XRP currently has a market cap of $32 billion with a token value of $0.82. This is drastically lower than their price of $3.65 on January 4, 2018. However, since January 4, there has been no negative news surrounding XRP.

XRP signed partnerships with Western Union, Banco Santander, American Express (AMEX), SBI International, MoneyGram, and many more highlighted in an article comparing why XRP will outperform the other top four cryptocurrencies by market cap.

This week should provide the perfect opportunity for XRP to continue to demonstrate to the world their importance on a stage being adorned by senior members of the top tech companies in the world. The $3.25 price in early January was approached on the heels of rumors XRP was going to be a likely addition to Coinbase.

A valuable lesson February taught us is that utility creates significant rises in the value of the underlying cryptocurrency. February’s Top Performers all had one thing in common; they increased the utility of their token. The publicity accompanying a presentation by two senior members of Ripple should be enough to give XRP a nice boost this week. If an announcement is planned, expect more than just a price bump this week. XRP already has market adoption; if they can change the public sentiment or increase the utility of each XRP the value will climb significantly in both the short and long term.

BURST: Burst (Hard Fork at Block 470,000)

Burst (BURST) is a very ‘different’ token as it uses a unique type of mining to produce each new BURST. One of BTC’s biggest issues is the mining of BTC uses up enormous amounts of electricity. BURST went ‘green’ by developing a new way to mine cryptocurrency. Instead of using hashing power and ridiculous amounts of energy to produce a new crypto; BURST uses the spare memory space on a ‘miners’ computer to mine while supporting the BURST blockchain network.

BURST is relevant this week because they have an forthcoming hard fork and, like most cryptos, overreacted to this prior week’s correction. This means during the upcoming rebound they will enjoy a nice bounce back coupled with the benefits and exposure of the hard fork. The BURST Roadmapoutlines three forks to take place this year, with the first occurring at a block height of 470,000. This block height is likely to take place March 15, but holders of BURST do not need to do anything as this fork is not accompanied by an airdrop of a new coin.

Dymaxion code is what is intended to be used to mine using an individual’s free memory space at a fraction of the electricity cost of regular mining. The first hard fork includes a dynamic block size, transaction fees, PoC2 protocol, and parts of the Dymaxion code (although Inactive).

Utility increases value, and BURST’s utility is about to be increased following the first fork and even more so following the second fork. Look for BURST to be a great long-term play as the Dymaxion system is implemented fully. BURST is currently valued at $0.03 with a market cap of $56 million. On January 7, 2018, BURST was trading at over $.10, more than 300 percent higher than current prices.

Long-term believers in shifting mining from high electricity consumption to more efficient means should support BURST as their token builds incredible utility through the process of the upcoming forks.

MCO: Monaco (Sponsorship/Presentations at Money 20/20 Asia and TokenFest)

Monaco (MCO) is presenting and sponsoring both Money 20/20 Asia and TokenFest. MCO is among very impressive company on the five-star Money 20/20 Asia sponsorship list among the likes of Discover, MasterCard, and Google. Currently, credit card services converting crypto to fiat are facing an uphill battle, but MCO is trying to penetrate through the regulations and pushback from the banking sector to be the first to achieve market adoption.

The catalytic impact of two major events and presentations will provide the prime environment for MCO to outpace BTC during the rebound. MCO is priced at $7.98 with a market cap of $105 million numbers that are both likely to climb with this coming week’s significant exposure.

ARK: Ark (TokenFest Booth and Presentations)

ARK (Ark) is a token similar to Ethereum (ETH). According to ARK website they, “provide users, developers, and startups with innovative blockchain technologies. We aim to create an entire ecosystem of linked chains and a virtual super web of endless use-cases that make ARK highly flexible, adaptable and scalable. ARK is a secure platform designed for mass adoption and will deliver the services that consumers want, and developers need.” Long story short, ARK looks to provide a more intuitive solution for developers and startups when compared to alternatives in the market.

BRD (CRO Speaking) & MTL (CEO Speaking) (Sponsoring TokenFest)

Bread (BRD) and Metal (MTL) are both sponsoring TokenFest, and both are presenting. BRD’s CRO is speaking at TokenFest while they also are maintaining a higher level sponsorship than MTL. MTL has a more impressive speaker in Marshall Hayner but chose a cheaper sponsorship route. Both MTL and BRD should receive much-needed publicity to help boost their token price just at both tokens increase their utility significantly in the coming weeks.

Metal: MTL

Metal (MTL) is a cryptocurrency working on increasing their utility in the immediate short term. Almost every coin that gets delisted from Bittrex takes a plunge in price while fading into oblivion. However, MTL will be the anomaly when compared to other delisted cryptocurrencies. The reasoning is because their delisting was due to MTL not having a functioning platform.

MTL’s dev team completely missed the Bittrex deadline of the end of December to produce a functioning platform and was delisted. However, two months following their removal they remain on Binance and recently announced their platform was ready.

Bittrex may or may not relist MTL, but one thing is very clear. Unlike the majority of coins delisted by Bittrex, MTL still has potential due to MetalPay and their CEO.

MetalPay is the platform in which users will be rewarded to spend crypto and convert fiat to crypto. MTL is also working toward a debit card that crypto can be deposited onto, very similar to LitePay but are having similar regulatory hurdles. If MTL can beat LitePay to a debit card feature, expect the price of MTL to moon.

MTL’s CEO, Marshall Hayner, is one of the few people in crypto ‘too big to fail.’Marshall Hayner is the CEO and co-founder of MTL. He is also the co-founder of Stellar, QuickCoin, and Treesco. He boldly claims MTL is a payment processing platform that involves cryptocurrency in such a way that is may be compared to PayPal (for crypto). Hayner is a respected individual in the crypto space who is very concerned his reputation remains immaculate.

Hayner is too important to let MTL fail, and with a conference presentation this week MTL is likely to see a nice increase in price. When MTL has real utility and MetalPay is fully implemented the true increase in MTL’s value will occur.

Could a major announcement occur this weekend? Stay tuned!

Bread: BRD

Bread (BRD) is a unique token as their token is meant to support a platform which amounts to a portable wallet the owner holds the private keys to. The Bread app is in its infancy with crucial updates coming in the next few weeks. Their Twitter has hinted at big announcements regarding the addition of ERC-20 tokens, which should be expected because BRD is an ERC-20 token.

It seems illogical the Bread app cannot hold the BRD token, but this wrinkle in the roadmap provides the perfect buying opportunity. Clearly, the Bread app will integrate their BRD tokens very soon. This will pave the way for other ERC-20 tokens.

When a cryptocurrency adds utility, they have the highest likelihood of being a top percentage gainer for the month. The month of February saw three huge percentage gainers, all of whom had added significant utility to their tokens during February. BRD’s utility will increase exponentially in the next few months, and the price similarly should correspond.

This week BRD is sponsoring TokenFest, March’s largest crypto event. The utility of the Bread app improved greatly this quarter with the addition of being able to buy BTC directly using your bank or credit card. As the utility of the BRD token and app continue to increase so will the price of BRD.

NEO & GAS (NEO Presenting at the APAC Blockchain Conference in Sydney)

NEO (NEO) and GAS (GAS) prices are directly correlated. This is because GAS is used to facilitate transactions on the NEO network. This week saw SEC “news” drive down the value of ICO based cryptocurrencies like ETH, NEO, and ARK the most. NEO will be presenting at the third significant conference this week, APAC Blockchain Conference taking place in Sydney, Australia. The conference exposure and change in market sentiment will provide NEO and GAS the perfect opportunities for short-term rebounds.

NEO — NEO (APAC Presentation in Sydney, Australia)

NEO suffered dramatic losses this week due to FUD regarding the SEC. NEO is known as the Asian Ether (or Chinese Ether) and regulations in the United States along with the largest Asian exchange possibly being hacked did not fare well for NEO. NEO specializes in the releasing of ICOs, very similarly to Ethereum.

With the SEC reiterating their new regulations directly impacting ICOs; the coins that host ICOs took significant beatings. However, NEO was impacted by the SEC news, Binance news, and the passing of the ONT airdrop. This cluster of negative events has left NEO at a price point of $89 per coin with a market cap of $5.7 billion.

On February 27, 2018, NEO was trading above $140 per crypto, heading into the ONT airdrop. This price point factored in the SEC regulations that have been discussed for months. The passing of the ONT airdrop resulted in a sell-off of NEO. This was immediately followed by negative SEC news and a possible Binance hack. Market sentiment could not be more negative toward NEO than it is heading into this week’s APAC conference.

The cumulative impact of these events and negative sentiment is precisely why it is time to purchase. Buy low, sell high. Fading market sentiment is difficult, but it will produce the highest returns in the short term.

GAS: GAS

GAS is a cryptocurrency provided as a dividend to all NEO holders on a daily basis if held in specific wallets. Some exchanges, like Binance, provides this dividend once per month to the entire population of traders. This results in the Binance markets being flooded with GAS between the third and fifth of each month, depending on when the GAS dividend is given to NEO holders.

GAS is required and essential to transact on the NEO network. Its importance does not fluctuate based on the time of the month, even though the supply on Binance fluctuates dramatically each month. Demand remains fairly stable all month long, but supply is pumped the first week of each month when the GAS dividend is paid. This allows the price to rise dramatically as the end of each month approaches.

The results are a cyclical fairly predictable cycle of GAS having a strong increase in price the final week of each month. GAS is tied directly to NEO and because NEO fell significantly this week, so did GAS.

GAS is not presenting at the APAC conference but theoretically is a direct benefiter because they are tied directly to NEO. If NEO can shift sentiment from negative to positive over the following week both the value of GAS and NEO will increase significantly.

Shyam Gupta

Engineering Manager@Microsoft | Specializing in Microsoft Teams

6 年

Amazing post

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