The cryptomarket can be very lucrative for those who are willing to take risks. It can make you rich in a year, but just as easily can ruin you in a week, so always remember before you ventur into the crypto world:“Don’t invest more than you can afford to lose.” We checked out the top 5 ALTCoins of last week to bring you those who gained the most in 7 days. Keep your eyes on these.
So, let’s say last week you and your friend invested $100 each in cryptos.
Your friend invested in Bitcoin (available on Coinbase) and today he has $103. Big Deal.
You, on the other hand, invested in one of the aLTCoins listed below and now you have $295. Congratulations! With your $100 you can now go to Amazon and buy yourself a nice iPhone 6s Plus and still have $41 change for icecreams.
Here are the five aLTCoins with the best performance of the week:
Number 5: HollyWoodCoin (HWC)
Growth: +195.20%
Market Cap
Volume (24h)
Circulating Supply
Total Supply
$5.902.215 USD
$143.790 USD
951.605 HWC
20.306.883 HWC
Website
Bitcoin (available on Coinbase)talk Thread
This “shady” coin was announced in November 2017 as a PoS crypto offering a 48% yearly Interest. The developer started by thanking all the investors and supporters (without specifying who they were). To give more credibility to his ICO, he announced: “We have already intensively negotiated contracts with such companies as 20th Century Fox, Marvel Studios, Focus Features, Happy Madison Productions, Lightstorm Entertainment and many others…”
The currency aims to solve the financial problems that the film industry faces when it comes to working with people from different locations, which leads to a variation in the prices demanded by each freelancer or subcontractor.
Likewise, the currency seeks to create a transparent environment in the multimillion-dollar transactions that take place daily in Hollywood, thus avoiding fraudulent acts such as money laundering, tax evasion, etc.
There’s not much more to say. This crypto has no further information. Its thread is just four pages long, it has no whitepaper, and its developer doesn’t seem to be precisely from Hollywood. The immense amount of pre-mined tokens and the “unnatural” price listed on exchanges has raised doubts about its seriousness. But for anyone who thinks it might be a scam, here are the words of its advertiser defending the trustworthiness of the currency
“If human have interest to coin – it’s SCAM?
I don’t think so.”
So, if you are a human, you might be interested in checking it out
Number 4: eBitcoin (available on Coinbase) (EBTC)
Growth:+104.99%
Market Cap
Volume (24h)
Circulating Supply
Total Supply
$15.633.573 USD
$1.009.310 USD
18.897.126 EBTC
21.000.000 EBTC
Website
If Bitcoin (available on Coinbase) and Ethereum (available on Coinbase) had a baby, this would be the result. According to its website “eBitcoin (available on Coinbase) is a community-driven crypto ecosystem where the best of Bitcoin (available on Coinbase) and Ethereum (available on Coinbase) meet.”
According to their “white paper” which is actually a presentation of a roadmap.
This crypto consists of an ERC20 token under the Ethereum (available on Coinbase) network that behaves similarly to Bitcoin (available on Coinbase). The vision of the team behind eBitcoin (available on Coinbase) is “to build an ecosystem that consists of Apps, entertainment ware, Tools, Gateways, and other technical revolutions in which eBTC is the circulating payment mETHod.”
To be honest, its website seems to be legit, with a very active Bitcoin (available on Coinbase)talk thread (although many threads are comments interested in an Airdrop advertised by its developer). And although anyone can create an ERC20 token, the level of activity and involvement with the community, as well as the number of exchanges it is listed on (surpassing even some of the best-known aLTCoins) make it an interesting project to follow. Its continually growing ecosystem growing ecosystem is another point that could motivate investors to give this aLTCoin a vote of confidence.
Number 3: W3Coin (W3C)
Growth: +110.43%
Market Cap
Volume (24h)
Circulating Supply
$? USD
$22.382.900 USD
? W3C
1.643 ETH
Website
W3Coin defines itself as “a Payment Gateway and Merchant Settlement Services for Instant, Secured Global Payments.”
According to the website, this aLTCoin’s development goes back to 2015
The team behind W3Coin has teamed up with a company called XcellTrip to promote W3Coin as a payment solution around the world, especially in the tourism area, which seems to be the sTron (available on Binance)g point of this alt. Their website shows photographs of some of the events allegedly held in various countries such as India and Korea. However, the XcellTrip page is not available, and several of the links provided on the W3Coin website lead to empty sites. There is no active forum on Bitcoin (available on Coinbase)Talk.
Number 2: Lympo (LYM)
Growth: +131.60%
Market Cap
Volume (24h)
Circulating Supply
Total Supply
$21.498.960 USD
$872.188 USD
541.251.942 LYM
999.999.999 LYM
Website
Bitcoin (available on Coinbase)talk Thread
The slogan of this curious crypto is “MONETIZING SPORTS AND HEALTH DATA VIA BLOCKCHAIN.”
Out of the five listed aLTCoins, this is the one that may have the most interesting and serious concept. In fact, the monetization of medical information through the blockchain is a potential that could be exploited with very positive results for all users. According to this alt’s white paper:
“The usage of mobile health (mHealth) apps and wearables is ever-growing. More than 52% of smartphone users gather health-related information on their phone. In 2016 alone, mHealth app store downloads totaled 3.2 billion. Health-related data is a precious asset for both individuals and stakeholders in the data-driven sports, health and wellness industry.
However, the users generating this data cannot aggreGate, share and monetize it. Moreover, because it lacks the means to interconnect existing data, the industry cannot unlock its full potential for the benefit of all market players. The rise of mHealth applications has not yet delivered on the promise of digital technology empowering individuals and resulting in better health care and a more connected sports and wellness market.
The Lympo ecosystem resolves this problem. Powered by user-generated and user-controlled fitness and wellness data, Lympo will allow the exchange of value through the introduction LYM utility tokens. Lympo’s goal is an ecosystem where data is used e‑ciently by all industry stakeholders and everyone is rewarded fairly. It consists of three pillars: the Lympo fitness wallet, a marketplace and the Lympo crowdfunding platform.
The Lympo digital fitness wallet and user reward mechanism is at the core of the Lympo ecosystem. The wallet functions as an entry to the ecosystem and allows users to be rewarded in LYM tokens for their healthy lifestyle achievements. These tokens can be used to purchase goods and services in a marketplace starting from an existing Lympo platform uniting more than 500 fitness professionals and later expanding to a broad network of sports, wellness and health goods and services providers. Finally, LYM tokens will be used on the Lympo crowdfunding platform to invest in innovative data driven companies in the industry which will contribute to the growth of this new ecosystem”
However, the mechanisms to do so require such a significant amount of funding and collaborative power that this small crypto still has a long way to go.
During the last seven days, it has had a sustained bullish behavior, with a possible correction in the next few hours.
Number 1: StrikeBitClub (SBC)
Growth: +195.20%
Market Cap
Volume (24h)
Circulating Supply
Total Supply
$? USD
$69.097 USD
? SBC
195.247.235 SBC
1.420 ETH
Website
Bitcoin (available on Coinbase)talk Thread
The gold of the week belongs to a crypto that focuses on versatility: It provides a hybrid Pos/PoW mining system which at the same time is supported by SHA 256 and SHA3-512 algorithms. This has a strategic purpose according to their Bitcoin (available on Coinbase)talk thread: “The combination of PoS and PoW algorithms is a key aspect of SBC Coin’s architecture. PoW deters cyber attacks, thereby enhancing the coin’s security. PoS allows miners to have incentives to provide consensus solutions for blockchain transactions.”
20-second confirmation blocks and debit cards issuance are the most striking promises of this aLTCoin. SCBC seeks to transform crypto from non-physical to physical, according to a promotional video listed on its website
This week’s Top 5 bulliest cryptos looks like this:
And so ends this week’s list. If you invested in any of these coins: Congratulations! Otherwise, there is no problem. Generally, these accelerated growths (most of which are pump and dumps) are always news that we hear about after they happen, making us say on more than one occasion: “I wish I knew about this sooner!”
Featured Image: twitter
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