Off your game?
Read our free, updated as of Mar 3, 2022, Dr K report on how to optimize your mind and body so you can boost your focus when trading the markets.
Meet Dr K !
Chris Kacher
  • Nuclear physicist
  • Stock & crypto market wizard
  • Blockchain builder
  • Bestselling author
  • Top 40 charted musician
  • Biohacker
  • Former computer hacker
Your email will always remain private.

Crypto Report - Additional Names 4-2-19

Bitcoin blasted off earlier today either on short covering or on a big bitcoin buyer, ie, a whale.

The majority of cryptocurrencies highly correlate with bitcoin whenever bitcoin makes a strong move in either direction (as opposed to trading sideways which has allowed for a few top coins to perform).

That said, here are a couple additional coins that made the cut, both on a fundamental and technical basis:

Dmarket (DMT): Price: $0.257
Enables trading of digital items across multiple gaming platforms. The massive multi-player role play gaming industry is over $100 billion and climbing.

Chainlink (LINK): Price: $0.582
Decentralized oracles- connects smart contracts to real world data, events, and payments- aims to build bridges between payment services like PayPal and Visa, banks like HSBC and Wells Fargo, and blockchains like Ethereum and Bitcoin. Hopes to be the glue that holds together all other blockchains and other technologies. Blockchain interoperability is the key to blockchain’s future success. Some blockchain projects resolve this issue with parent and child chains, while others use sidechains. Chainlink uses oracles, which act as agents to verify real-world data and prepare it to be recorded in a smart contract on the blockchain. The smart contracts initiate this based on specific criteria, such as a payment transfer or price fluctuation. Once the threshold is reached, the block is processed by a mesh network of oracle nodes that reach a group consensus. Oracle reputation is built by processing transactions. This process of selecting oracles, gathering and presenting data, then verifying it among oracles is the on-chain smart-contract processing that occurs on Chainlink. This means everything from investment market data to bank account balances, product purchases, election results, and more can be recorded to the digital ledger. In fact, anyone with an API can connect it to Chainlink to begin earning LINK tokens based on usage of this data. Because it’s designed to run off API queries based on smart contractual SLAs, the possible use-cases of Chainlink are endless.

Caveat: We won’t know for sure how well it works until the mainnet launches, which isn’t likely until sometime later this year. SWIFT partnered with many blockchain projects including LINK.

Huobi Token (HT): Price: $2.75
Similar to Binance's Launchpad, known as ‘Huobi Prime,’ the new feature will provide selected users with the opportunity to buy select coins at a discount before they are released onto the open market. According to Huobi, featured coins will be chosen based on the quality of the product and team, the financial backing, as well as whether it was listed on any other major exchanges.

Like what you read?
Let us help you make sense of these markets by signing up for our free Market Lab Reports:
This information is provided by MoKa Investors, LLC DBA Virtue of Selfish Investing (VoSI) is issued solely for informational purposes and does not constitute an offer to sell or a solicitation of an offer to buy securities. Information contained herein is based on sources which we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of available data. VoSI reports are intended to alert VoSI members to technical developments in certain securities that may or may not be actionable, only, and are not intended as recommendations. Past performance is not a guarantee, nor is it necessarily indicative, of future results. Opinions expressed herein are statements of our judgment as of the publication date and are subject to change without notice. Entities including but not limited to VoSI, its members, officers, directors, employees, customers, agents, and affiliates may have a position, long or short, in the securities referred to herein, and/or other related securities, and may increase or decrease such position or take a contra position. Additional information is available upon written request. This publication is for clients of Virtue of Selfish Investing. Reproduction without written permission is strictly prohibited and will be prosecuted to the full extent of the law. ©2024 MoKa Investors, LLC DBA Virtue of Selfish Investing. All rights reserved.
Copyright ©2024 MoKa Investors, LLC DBA Virtue of Selfish Investing.
All Rights Reserved.
privacy policy