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Who can beat the BTC price in the short term? This week, three truly unique coins were selected: WaBi, BNB and TRON. WABI seems to be the main contender for producing higher returns like cryptocurrency.
Market conditions
Stagnation of prices in the price of BTC 00 led to many mini rally altcoins. Cryptocurrencies highlighted in similar articles such as GOChain have increased well over 100% since they were selected as "undervalued cryptocurrency".
These current market conditions represent a spring wrap in the cryptocurrency space. The summer was full of negative news on Bitcoin and blockchain. However, since the fourth quarter began there has been no positive movement in BTC prices. This is contrary to the news that has been positive for over a month.
Last week saw:
- The parent company of NYSE announced on December 12thth as a launch date for Bakkt (USD pairs settled in BTC).
- The country of Singapore has invested directly in Binance.
- The country of China, which previously had several styles of prohibitions on ICO and encrypted, has decreed ownership of BTC.
- Coinbase added USDC.
- Bitfury considers an IPO (not ICO).
The previous week in blockchain and cryptocurrency saw the stagnation of BTC even with spectacular news. The spring has been twisted and the question that remains is which cryptocurrency will appreciate against BTC in the coming weeks to a few months?
When analyzing the market to see which currencies have already had their minis, it becomes increasingly obvious that WaBi, BNB and TRON should all have an important positive movement.
WABI has the smallest market capitalization and significant fourth quarter news. Most of their news has yet to be announced, but an exclusive interview with the founder this week has provided some details. It is likely that BNB and TRON produce returns far in excess of those of BTC because of their communities and utilities.
However, WABI is the most undervalued on this list since TRON and BNB have market capitalizations of over $ 1 billion, while WABI's market capitalization is less than $ 20 million.
Although it is a high-risk cryptocurrency game, WABI is more likely to produce higher yields than BTC and other cryptocurrencies in the market.
Wabi
Wabi 00 is a cryptocurrency with a market capitalization of less than $ 20 million, is listed on Binance, has major events and news in the fourth quarter, and has provided an exclusive interview with the founder for this piece. Not only is the moment right now for the search for WaBi, but it radiates like an underestimated cryptocurrency.
Walimai is a safe channel ecosystem for consumer products. The aim of Walimai is to ensure supply chains of important consumer goods (such as baby milk). So, what is the WaBi?
Well, the WaBi is provided as an incentive to scan the anti-counterfeit labels of WaBi products. This helps to sensitize consumers about the transition of the product through the supply chain and ensures product safety.
China (where it is predominantly WaBi) has had several scandals concerning food that has caused accidental large-scale poisonings. WaBi seeks to solve the problem of supply chain monitoring for consumer goods and has found a way to encourage the public to participate in the process.
WaBi cryptocurrency, once obtained, can be used to discount the cost of consumer products and improve delivery times. This shows a clear usefulness in a niche market that needed blockchain support (consumer goods and supply chain).
Why is now the time for WaBi? According to CoinMarketCal WaBi is undertaking a complete rebranding in the fourth quarter, will open sales in South East Asia, Latin America and Europe, and plan to introduce Walimai Labels also for pharmaceuticals. This is a very impressive roadmap for the fourth quarter that led to my desire to speak directly to the founder, Alex.
In my exclusive interview with the founder of WaBi, I was able to find out some details about the new arrivals. The rebranding is not just the alteration of some colors. WaBi is about to undergo a complete rebranding of name, colors, fonts, websites (WaBi and Walimai). They worked with a design agency at the most while interviewing about 1000 users about ease of use and aesthetics. Their rebranding is the first of its kind because they are bringing the active WaBi community into the process. They are providing rewards to supporters who participate in rebranding, organizing a scavenger hunt to "find" the new website and additional features.
A cryptocurrency rebranding is very exciting, especially because of the way WaBi plans to handle it. Immediately after the rebranding, WaBi intends to obtain an important press release, almost identical to what they did in 2017 when they were present on the BBC, CNBC, Business Insier, Reuters and many others (this previous PR push drastically increased the value of WaBi) . The rebranding, the budget allocated for the main advertising and press releases all take place in the fourth quarter. The public only knows the basics of rebranding and has no idea that it is about to start an important advertising campaign.
The WaBi token is introduced into a large number of food stores throughout Asia, where negotiations are currently underway to accept WaBi as a form of payment (not just as a discount or to improve shipping terms). This is one of the biggest surprises since once the WaBi cryptocurrency is completed it will be able to be simply spent through their biggest market demographics.
The WaBi roadmap positions them by focusing on developed parts of the world where there is the lowest access to the quality of authentic imported goods. Places like China where counterfeit products are rampant have been quick to adopt the WaBi currency and the Walimai platform.
The WaBi team added new hires and continued to build its platform during this extended bear market. The development team has seen 5 new hires added in the last few months. While most cryptocurrencies have been hidden in the bear market, WaBi has built at an unprecedented rate.
The last touching point, Alex, the founder of WaBi, referred to my question: "Given the fluctuations of the market from ICO, how did you manage to cope with your currency?"
He was very direct in his answer. The WaBi increased by 71% compared to BTC in the previous year, by 8% compared to the USD and by 158% compared to ETH, compared to ICO prices. Their focus has shifted entirely from advertising and marketing to internal product and core team development. It was also very quick to mention how active and sustained their community is, one of the main reasons why WaBi went so well against other cryptocurrencies. This internal development and improvement of the platform are going to pay significant dividends in the fourth quarter once the rebranding is complete and the PR campaign is in full swing.
My last question was about long-term plans for WaBi. I was excited at the idea that WaBi intended to enter the arena of alcoholic products as many parts of the world suffered counterfeit toxic alcohol poisonings. This expansion of products is followed by their expansion to new demographic data in different parts of the world.
Many supply chain cryptocurrencies have market capitalizations of over $ 1 billion. WaBi has a working platform, a usable token, a fourth four with more exciting 99% cryptocurrency news, a dedicated team and unprecedented expansion.
If there had been a cryptocurrency that had a significant probability of "mooning" in the fourth quarter because of every possible positive factor that went its way, it would have been WaBi. Look for WaBi to test yields of 50-200% in the short term, depending on how quickly traders and investors will look at cryptocurrency calendars.
BNB – Binance Coin
For those who trade actively or even occasionally invest it is obvious to "own" where it trades. The BNB 00 token is the native token of the Binance exchange. By owning BNB in your account, many benefits are offered from lower trading commissions to earn a higher percentage of the commissions generated by your referrals. If you have a referral or trade, it only makes sense to own the 500 BNB required to lower your commissions while increasing your referral bonus.
Only last week, Singapore announced that it would invest directly in the Binance platform. The financial capitals of the world are keen on the biggest and most respected cryptocurrency exchange. Binance also announced that in the first week in Uganda they signed over 40,000 users. Africa is underpaid and the need for financial stability will probably turn into cryptocurrencies to combat hyperinflation. The exchanges will benefit from this fact with Binance making the first moves on the continent. This was not the only positive news for BNB and Binance this week.
Travelbybit is integrating BNB as a payment method on all platforms and merchants. Originally, BNB had very little use beyond the benefits offered to "circumvent" Binance (lower trading commissions and a higher referral bonus). However, BNB's cryptocurrency is spinning from a currency used solely for the benefit of Binance traders to one that can be freely traded and used at the same level as the predominant players such as BTC. This not only greatly increases the utility of BNB but when the utility increases the price usually follows shortly thereafter.
What about the fearless boss of Binance who seems to be maneuvering from any regulatory obstacle that has been launched? Changpeng Zhao or more commonly known in cryptographic space as "CZ" is one of the most influential individuals in the entire blockchain community. He not only succeeded in building what has been continuously classified as the number one exchange in less than two years, but he also actively involves the community, participates in conferences and is exceptionally humble for everything he has done. CZ is undoubtedly one of the most active founders in space and its influence is not competitive with almost anyone.
Supporting a currency of which CZ is the founder, is the "child" of the largest exchange of cryptocurrencies, has news that regularly add more utility (now it can be used to pay for travel), and offers daily benefits only for HODLING makes BNB a top candidate to accumulate before the next bullfight.
There will be a wave of new traders in the biggest trades when the Altseason starts, at which point it will be too late to buy BNB. The time to accumulate coins that will probably tend to the North in the short term is not once the season has begun, but first with enough time to enjoy the gains.
BNB is a cryptocurrency with a market capitalization of over one billion dollars that should easily see 100% returns to the nearest sign of the next bull run.
TRX – TRON
The cryptocurrency community has been everywhere about their feelings about TRON. TRX 00 It is a cryptocurrency that, like many, has been on the hot seat through the bear market. Say what you want on TRX, the reality is that their community is one of the most devoted and faithful in the crypt. The only more enthusiastic community could be that of XRP enthusiasts. With TRX regularly supported by its community, regardless of market conditions, this cryptocurrency appeared on the radar this week due to the next four fourth news stories.
TRX plans to release its open source platform on December 29, 2018. It seems that many cryptocurrencies have the feeling that the second half of the fourth quarter will provide many catalysts. The open source platform of TRX will provide a revolutionary smart contract and the Dapps platform. This is when true usefulness begins. With the open source platform coming out in the last week of the fourth quarter, the TRX seems to be an acquisition target before the gem-hunters get this news.
This week, November 1, Coinsuper listed TRX matched to both BTC and ETH. Even with most of the best exchanges that already support TRX, their team has pledged to continue listing. This shows that both developers work hard on their open source platform while community managers and Founders are focused on achieving exchanges and networking.
Immediately after the fourth quarter, TRX hosts the Nitron Summit on January 17 and 18 in San Francisco. TRX is fiscally positioned to be able to host conferences, pay for the main exchange lists, finance future development, all through a bear market. If this does not demonstrate dedication in the crypto space, nothing will do it.
Justin Sun, the founder of TRON is also one of the most influential individuals in the crypt. Having such an influential, well-connected and educated blockchain leader is positive for any cryptocurrency.
TRX has its open source Dapp platform running by the end of the year, will host a major conference in San Francisco in January and has just been listed on Coinsuper. For a "safer" cryptocurrency game, TRX seems to have many important catalysts until the beginning of January.
Beat the price of BTC: make your choice
Cryptocurrency is a risky environment for trading, gambling and investment. However, with sufficient research, a significant part of the risk can be mitigated. Not all selected cryptocurrencies will be appreciated since no trader / investor is an oracle.
However, by thoroughly analyzing each coin on Binance, I intentionally selected those who have the coin the highest odds to appreciate in the short term according to the upcoming news, their community, the sentiment of the market, their teams and many other factors.
The highest risk cryptocurrency, which probably produces the highest returns from the cryptocurrencies of this list is WaBi. Their marketing plan, along with a rebranding, platform expansion, demographic expansion, dedicated team, communication founders and the four major news of the fourth provide more catalysts than most can expect.
Look for WaBi to outperform almost any cryptocurrency on Binance in the coming days until the end of December.
For those looking for a 'blue chip' option more secure, the cryptocurrency of choice would be BNB. CZ could not be more dedicated or passionate about crypto. We hope that more people emulate their long-term behavior in space. BNB benefits from all the hobbies on Binance and since many other traders start trading again, BNB will become highly sought after.
TRX had the hype train taking it on a wild ride. However, the fourth four has many reasons why a cryptocurrency should be appreciated. Hosting conferences and open source platforms created for Dapps are a fantastic start when it comes to catalysts.
WaBi remains a currency that can probably violate a market capitalization of $ 100 million by providing a 6x for those that accumulate before the market capitalization exceeds $ 20 million. Given the highly lucrative and high-risk nature of the crypto, WaBi should be on the "accumulation and search list" for those looking for the highest fourth-quarter earnings.
[Disclaimer: This views expressed in this article do not reflect the views of Bitcoinist and should not be taken as financial advice.]
To read the previous articles of the King, to find out what ICO currently recommends, or to get in touch directly with the King, you can do it on Twitter (@JbtheCryptoKing) or Reddit (ICO updates and daily reports). The king is the founder of ANON and actively markets cryptocurrencies.
Images courtesy of Shutterstock, Bitcoinist archives
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