A post from August 3rd linked below by Matrixdweller indicated that Golos was among the most undervalued cryptocurrency among all of them. At the time, Steem was 17 times higher than Golos, and this was shortly after the official Fork. Seeing Golos right now at just 11 cents, and Steem where it is, it is clear to me that Golos will soon be in for a hell of a ride. We can see the chart for Golos below.
Interestingly enough we can compare the trend of Golos with that of Steem, shown below. Without question a similar trend can be seen, and one that is independant of big shifts in the price of Bitcoin.
If you are wondering about Golos, it is the russian Steem. But as I mentioned, it is an official fork. I have personally used Golos, with the aid of Google Translate, and I have noticed that the community is much more reactive to quality content, and many more questions asked. To date the only problem that I really am able to see in Golos is just that they have not yet adopted the HF19 protocol. I guess it is also possible that they never will. But I am sure that the engineers are watching the results indicated on Steem. Here we can see how the Hardfork #19 has effected Steemit usage in terms of transactions.
I predict that it is extremely undervalued especially given that it is only traded largely on one small exchange; and yet was top 80 coins on coinmarketcap.com, just a short few weeks ago. If it is decided that they will adopt a format akin to that of HF19 for Golos, you might see Golos at a dollar very quickly. Let me know what you guys think!
Hello from Las Vegas
Sources:
- https://steemd.com/altcoins/@matrixdweller/is-golos-the-most-undervalued-cryptow
- Coinmarketcap.com/charts/golos
- Coinmarketcap.com/charts/Steem
- @Arcange