Tweets related to cryptocurrency this week were analysed for potential altcoins to further DYOR on by HunterCat. We shall look into a few alts together on steemit!
Top tweeted coins: larger text represents more frequent tweets
Not surprisingly, Bitcoin and Ethereum have been do-do-do-doooominating since time immemorial in terms of market cap, and also on Twitter . Thus, they have been excluded in this week’s analysis to give other coins to be discussed. Ripple, Litecoin, NEO, Cardano, Tron takes up the next 5 spots.
While its role as a ‘real’ crypto-currency has been questioned numerous times by the crypto-community, emotions aside, Ripple remains the top few tweeted for a few weeks.
Made to lower cross border payments, XRP recently collaborated with Cambridge global payments in a pilot programme to use XRP through xRapid. According to a tweet, 6 companies are testing XRP cross border payments. Furthermore, RippleNet, Ripple’s blockchain network now has more than 100 financial institutions.
On 2 March, priced at 0.00008173 SATS, technical analyses (monthly) suggests a ‘buy’.
Easy deployment of decentralized applications on a blockchain architecture that can potentially scale to millions of transactions/sec, with no user fees? EOS is here for you!
A notable event in the EOS calendar is the development of DAWN 3.0. DAWN 3.0 is in Early Alpha and reported to be unavailable in a public TestNet till the end of Q1 of 2018. Embedded in DAWN 3.0 is an infinite scaling and decentralization blockchain technology! That's pretty damn amazing if you ask me!
EOS also has plans for a decentralized exchange(EOSfinex) on EOS.IO, and is projected to be within this year! With all these positive and good news, EOS seems like a pretty solid project. However, as mentioned in my first post, the Buzz, the tech, and the price are all important considerations to your decision for when to enter a trade!
Comparing with previous weekly analyses, we can see the changes in "Tweet Rank" across different alts.
Cybersecurity for digital payment and decentralized is Digibyte’s focus. It is a public, fast growing decentalized blockchain, and reports itself to be the fastest, longest and most decentralized UTXO blockchain. Earlier this year, Apple approved the Digibyte iOS wallet for beta testing, and perhaps it has been slowly gathering attention since then. In addition, it’s beta was released last week, and is accompanied by a 2.87% increase in price from a week ago. TA analyses on 2 March for DGB/BTC point towards a ‘sell’ for DGB.
However, its roadmap for this year suggests multiple events/ development, so expect more news to come for DGB this year!
After finally getting my Steemit account, you have no idea how much I LOVE it here. I will be slowly migrating all my content to this as my main platform, starting with this post. Even HunterCat is hurrying me to do so! Haha!
That’s it folks! Have a good week ahead, stay safe and see you again next week!
If you do have any comments/feedback or ideas to contribute and turn this blog into a better educational tool for the crypto community, do feel free to contact me!
