Top 5 ALTCoins – The Bulliest Cryptos of the Week
If you have some cash and you’re willing to risk it to get some beer money (or maybe, on the contrary, you have a lot of money and you just like the thrills), there are two options that you might find most attractive. The first one is going to a casino and gambling. If you decide to take this option, your best way is to sign up at a blackjack table or pick a color on a roulette wheel.
But if you are one of those who love crypto (and you don’t like casinos very much), then your best option is the aLTCoin market. Most specifically those of low value, where a minimal variation can turn into massive profits. While a coin worth 2 satoshis increases its price to 5 sats, the gain of more than 200% is incomparable to an increase of 5 satoshis in Bitcoin (available on Coinbase) prices (which would be unnoticeable).
Here we present the top 5 aLTCoins that had the highest growth of the week, according to data from Coinmarketcap. Not all currencies that have these behaviors are “serious”. Some may be simple PnD (Pump and Dumps), but they earn their place in the top spot simply because they had a higher percentage increase in their sum market cap than the rest of the cryptocurrencies. If you had invested in any of these aLTCoins, you would surely have enough profit today to celebrate with a good barbeque thanks to your intelligent “investment”:
Number 5: CREDITS (cs)
( GROWTH: +96.22%)
Market Cap
Volume (24h)
Circulating Supply
Total Supply
$67.931.260 USD
$5.057.340 USD
128.971.079 CS
249.471.071 CS
Website: https://credits.com/en
Bitcoin (available on Coinbase)talk Thread: https://Bitcoin (available on Coinbase)talk.org/index.php?topic=2401248.0
Credits is an aLTCoin with an ICO set for 17 Feb 2018 – 28 Feb 2018. Supposedly it aims to solve the problems of the traditional cryptocurrencies through an algorithm that would process “1 million transactions per second, an average processing time of 3 seconds and a mean peak value of 10 seconds”.
The team apparently takes its development quite seriously, promoting its crypto in various media platforms. The price after the ICO had a considerable increase that made its value go from 2100 satoshis (approximately 0.24 USD) on March 3, to 10699 satoshis (1.17 USD) by March 6.
Some claim that the currency is not keeping its promises; an announcement on one of its social networks shows a 300k Txs/s test – rather large but nowhere close to 1 Million. The increase may have been due to the recent announcement of its ICO, but it is still too early to establish a trend. After that rally, the price is estimated over the weekend at 5652 satoshis or $0.52, recovering from a little bearish trend.
Credits can be purchased at Kucoin, Gate. io, Tidex, Idex, and Ddex
Number 4: KCASH (KZC)
GROWTH (+108.28%)
Market Cap
Volume (24h)
Circulating Supply
Total Supply
Max Supply
$? USD
$571.242 USD
? KZC
2.218.015 KZC
18.900.000 KZC
Website
Bitcoin (available on Coinbase) Thread
KCash points to nationalism. It seeks to “theoretically” consolidate itself as a blockchain platform based in Kazakhstan. The idea apparently is to work as a substitute for money in the country, allowing citizens to make payments and transfers in a faster and more efficient way.
The goals they declare are quite ambitious, and probably the most difficult among them is also the most intriguing: to become a local cryptocurrency capable of being swapped by FIAT in exchanges and ATMs distributed nationwide (of course, in an advertisement and a whitepaper everything can be said, but the difficulty lies in taking the promises to a feasible reality).
The coin did not have an ICO and was announced on October 24, 2017. Its behavior over the last few days led to a trip that started with a price of 26204 Satoshis or 2.94 USD for last Friday, to a rate of 88342 Sats or 7.96$ by Thursday, March 8, 2018 (probably thanks to its listing on BitBay this week)
Right now Kcash has a value of $6.1$ or 66097 Sats and can be purchased at BitBay and BTC-Alpha.
Number 3: Topaz Coin (TOPAZ)
GROWTH (+122.21%)
Market Cap
Volume (24h)
Circulating Supply
Total Supply
$? USD
$71.547 USD
? TOPAZ
76.682 TOPAZ
Topaz Coin doesn’t have an official Website
Bitcoin (available on Coinbase) Thread
TOPAZ is an aLTCoin announced on May 04, 2017. Its purpose was to generate a token that was PoW at first and then move to a PoW/PoS hybrid algorithm after 1325 blocks. It also had a 25000 coin pre-mine.
This aLTCoin was a pretty shady one since the beginning: the community has questioned its developer as a well-known creator of “Sh!tcoins”. The project’s lack of credibility coupled with a lack of information or at least an official website made it long forgotten. However, in its somewhat inactive Bitcoin (available on Coinbase)talk thread, LycheeBit announced its listing on their MiningPool (the only relatively important post in months).
The price of Topaz Coin started the week with a value of $0.56 or 4969 sats, remaining stable until reaching a record high on Friday, March 9th at $3.13 or 35,000 Satoshis. After this sudden change, the currency dropped to $0.57 and has now maintained a bullish trend that has set its price at $0.79 or 8512Sats.
This behavior seems very likely to be a PnD, somETHing quite common in low-value aLTCoins, but after the fall, the price of it is still higher than that of the beginning of the week and apparently already surpassed the resistance it had before the rise.
Topaz Coin can currently be purchased at Nova Exchange and CoinExchange.io
Number 2: Quebecoin (QBC)
GROWTH (+316.81%)
Market Cap
Volume (24h)
Circulating Supply
Total Supply
Max Supply
$1.292.870 USD
$105.224 USD
15.495.202 QBC
36.281.802 QBC
42.000.000 QBC
Website
Bitcoin (available on Coinbase)talk Thread
This week should be a one of pride for Canadians, who seem to be doing everything right. Even in a world where cryptocurrencies had a bearish behavior as a result of manipulation in the markets by large whales, a little-known Canadian aLTCoin was not only able to successfully naviGate against the current but was also the only one to have been able to demonstrate a natural and sustained bullish behavior (a bearish trend has not been worth taking into account throughout the week, nor has there been any indication of a reversal in its bullish course)
On its website, there is no WhitePaper to analyze, but a few words of introduction show that more than a centralized project, this aLTCoin has been maintained by the community effort:
“Quebécoin was launched April 2014 and has earned a reputation of resilience as a legacy coin. The coin has beaten the odds and survived thanks to some dedicated community members that saw its potential. Fast forward to 2018 and Québec is making headlines as the best place in the world to establish cryptocurrency mining farms which in turn brought back attention to Québecoin. A new generation of community members are joining their efforts to rejuvenate and promote this coin to new cryptocurrency enthusiasts.”
The coin apparently seeks to benefit from the advantages offered by CanADA: Low-Energy Costs (for cheaper mining), Cold Weather (for more efficient refrigeration) and Political Stability (providing security to users that government will not attack their investments and activities based on crypto-currency with taxes or prohibitions)
Quebecoin was quoted last Friday at 168 Satoshis or $0.018 and closed on Friday, March 9 with a value of $0.083 or 894 Satoshis. It is not yet known what its limit will be as there isn’t a clear sign of resistance yet.
For now, Quebecoin can only be found on Exchange Yobit. net
Top 5 ALTCoin Number 1: BitGem (BTG)
GROWTH (+422.80%)
Market Cap
Volume (24h)
Circulating Supply
$2.991.112 USD
$91.705 USD
60.264 BTG
The official website is offline
Bitcoin (available on Coinbase)talk Thread
The First place of the top 5 aLTCoin week goes to a practically unknown aLTCoin: BitGem. A cryptocurrency announced in 2013 as a blockchain solution to create high-value tokens based on the development of colored coins with a considerably small amount available resembling the scarcity of real gems.
The developer at the time made it possible through special-coin-programming; a set of features for the created tokens. These characteristics were the 4 Cs that the gems have in common: Color, Clarity, Cut and Carat. Users could also determine the shape and value of coins. The Tokens could also be configured to be sent in whole numbers and not pieces.
This, in theory, could have been a useful tool for jewelry stores and gem markets to tokenize their assets; however, the currency fell into oblivion, their website lost the domain and support practically abandoned.