📌3 cryptocurrencies to watch this week
Major events such as whitepaper releases, advisor additions and mainnet launches all provide catalysts for cryptocurrencies to increase their communities. When communities increase, confidence increases and if the code and blockchain architecture is there the utility increases. 🔻The 3 cryptocurrencies mentioned below all have major weeks and months ahead and should be monitored closely for price fluctuations.🔻
1️⃣EOS
EOS has more than doubled its market cap over the past three months. This is the week EOS converts from the ERC-20 platform to their own EOS blockchain. If completed successfully, currency should continue their uptrend, if there are hiccups, we should expect the correction.
2️⃣Ethereum Classic
On 29 of May there will take place a hard fork which will remove the difficulty bomb from the Ethereum Classic Mainnet. ETC has a market cap of $1.5 billion with a current value of over $15.27. Their ability to handle the hard fork will tell us a lot about the future of ETC.
3️⃣Ontology (ONT)
The ONT blockchain framework supports public blockchain systems and can customize different blockchains for different applications. The team behind Ontology, made its v0.8 pre-release of the MainNet on May 17, 2018. It is now available on GitHub. Like EOS, they have a mainnet launching soon – possibly as early as this week. Despite being ranked 28th with $795 mil market capitalization, it is welcoming much popularity.
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