Altcoin Season is Here- Take a Look at STEEM and Tron
Altcoin Season is Here- Take a Look at Tron and STEEM for Deep Value
As Bitcoin's price has stagnated, select altcoins have soared. Ethereum, Ripple's XRP and Lumens have risen double digit percentages over the weekend, as the king of cryptocurrency, Bitcoin has broken below $10,000. Bitcoin's market dominance fell from 69% to 68%, which could represent a coming altcoin season as money flows to altcoins. Time to take a look at undervalued cryptocurrencies, let's look at Tron and STEEM.
STEEM currently stands at 80th by marketcap, and has fallen in both marketcap and coin price. Standing at $0.15, it is a bargain in the Dapp and cryptocurrency space. With the introduction of Hard Forks 21 and 22, curation reward increases have encouraged more participation on Steemit, and the Dapp ecosystem has continued to grow. A new 3D game is being introduced onto the STEEM blockchain, Steem Knights, new front-end tribes are being created off the Steem Engine site and Smart Media Tokens will launch soon that will act as catalysts for the STEEM cryptocurrency. All this amazing development is yours at a bargain price of $0.15.
Tron is standing tough at 13th by marketcap, and has become a major player in the Dapp ecosystem world. With a massive marketcap near $1 billion, it is a blue-chip cryptocurrency with a speed of 2,000 transactions per second (TPS), a massive number of high-powered casino and gaming Dapps and a vocal advocate in Justin Sun. With a price of $0.016, it's a bargain. Tron's TR10 and TR20 tokens, smart contracts based on the Tron cryptocurrency are creating consistent value.
Bitcoin enjoyed a ride up, and will likely continue as the rewards halving of May 2020 approaches. It is worth looking at worthy cryptocurrency projects now and picking up a portfolio of blue-chip altcoins. STEEM and Tron have been flying under the radar for awhile, and have not stopped creating value and actual projects. Large cryptocurrency traders are speaking on altcoin recovery, and are confident the bottom is in. Now may be the time to pick up some coins.
Cryptocurrencies with healthy and useful Dapp ecosystems are where heavy value is found. Ethereum and EOS are well know Dapp dominates, but even deeper value can be found in Tron and STEEM. I have been accumulating thousands of these coins during crypto-Winter, and am going to make one more purchase before we enter into altcoin-Summer. Don't sleep on this opportunity.
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Sources:
Originally published in my Publish0x account I own at:
Also published in my Hyperspace, Serey, Wix, Golos, Minds, Bearshares, Whaleshares, Weku accounts I own.
Picture from Pixabay.
https://www.ccn.com/altcoin-season-returning/