"RADS" - the story undervalued coins with great prospect.

in #cryptocurrency5 years ago (edited)

The original post (Russian) - here.

Hello Steemians…

There are several coins on the stock exchanges that were simply unlucky due to certain circumstances. One of the most striking examples is GOLOS and its direct parent, Steem. The cost of the tokens of these sites is strongly influenced by the greed of the founders and, as a result, the loss of targets to which one should move. This does not mean that these projects will die, and with them our tokens. Just the value of their coins, with a reasonable approach, would be much higher and not so much dependent on the course of Bitcoin.
By the way, many now work with the Cardano (ADA) coin, it is now growing, while investors are walking on thin ice - the project’s founders are rumored to be in a bad fight because of profits and no one knows how this story will end. This may affect the price of the coin at any time.

Sometimes it is all about is not greed, but the case will - if Lisk (Lsk) project predates Ethereum (ETH), he would have earned much more, and the token rate would be considerably higher than it is today.

I would now like to touch RADS coin, which also turned out to be too underrated, because of the circumstances, but does not lose its prospects. The Radium project, to which the RADS token belongs, appeared about the same time as the similar projects Factom (FCT) and Decred (DCR). All of them are platforms that enable the use of blockchain capabilities to provide various decentralized services. Their features include a small number of coins in circulation (RADS now has 3.562 000), and as a result - a consistently high price relative to Bitcoin.

FCT appeared first, was immediately added to the Poloniex exchange and enjoyed great support there. The exchange earned good money on this token by adding it to the margin trading. RADS and DCR did not have such privileges, but there was a strong PR behind the DCR. It was the lack of PR that played a bad joke with RADS - at the moment when troubled times began on the stock exchange (summer of 2018) and a change of ownership — the token was delisted for a weak turn It was a time Bitcoin fall, when many altkoins volumes have fallen to a minimum. So RADS just unlucky.

But it is interesting that delisting did not affect the price of the token. It has dropped slightly, and since October of the last year’s year, it has been spinning around in the same price range - 0.00018 - 19 BTC. It says a lot, considering that during the same time, many coins dropped in price quite significantly.

The graph shows (day timeframe), as after the delisting and due to the fall of Bitcoin, the price of RADS went down, and then is in the same price band. Periodically there is a sharp rise in price, but all of this is limited by the X line of resistance. At the moment, the course of the coin has come very close to this line.

What I want to add - the RADS platform continues to work and develop. FCT showed a sharp increase. DCR also seems to be on its way. There is a possibility that after Bitcoin reaches its lows, RADS will show quite strong growth.

P.S. This post is not an ad. I just want to draw your attention to one, in my opinion, a very undervalued coin. Just keep it in sight, just in case.

The @upvoteinvest team

A formal disclaimer
Some of the posts might contain our opinion on trading strategies based on our technical and fundamental knowledge. However, please, invest at your own risk. We can’t be held responsible for any losses.

Sort:  

Congratulations @upvoteinvest! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

You published more than 30 posts. Your next target is to reach 40 posts.

Click here to view your Board
If you no longer want to receive notifications, reply to this comment with the word STOP

To support your work, I also upvoted your post!

Do not miss the last post from @steemitboard:

SteemWhales has officially moved to SteemitBoard Ranking
SteemitBoard - Witness Update

Support SteemitBoard's project! Vote for its witness and get one more award!

Coin Marketplace

STEEM 0.30
TRX 0.12
JST 0.033
BTC 64344.02
ETH 3142.36
USDT 1.00
SBD 4.01