I got a feeling about good old $CLAMs (CLAM). Will it rise again
I got a feeling about good old CLAMs (CLAM). Will it live again? This is CRYPTO!
Steemit Link:
steemit.com/cryptocurrency/@mgogel/i-got-a-feeling-about-good-old-usdclams-clam-will-it-rise-again
Rule #1: Expect the Unexpected...
Although this coin dumped hard back in October 2017, here are some factors that may indicate an impending move upwards.
DISCLAIMER:
I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it, and I have no business relationship with any company member mentioned here.
I own a very small bag of CLAM.
This is a VERY RISKY investment and this strategy is based much on speculation. I could obviously be wrong. I am not responsible for any trading decisions. PLEASE, DYOR.
INVESTMENT RISK/REWARD:
* High Risk
* Potential +69% return
* Buy Range: 40-52 sats. Sell Range 60-70-80-90+
* Time Frame: By first week of May.
QUICK MARKET QUICK OVERVIEW (APRIL 19 2018)
* MARKET CAPITALIZATION $12,731,149
* 24 HOUR TRADING VOLUME $278,117
* 24H LOW / 24H HIGH $4.07 / $4.37
* Circulating Supply: 2,969,255 CLAM
* Total Supply: 16,665,869 CLAM
RECENT
* CLAMs (CLAM) launched in 2014. Many 2013 and later coins have mooned, but CLAMs has not. It dumped.
* CCLAM dumped real hard late last year. Ouch!
* It's time for either a move upwards or project death. Not that many options!
MEDIA
* CCLAM was spotted at the Block Hack 2018 conference in i.imgur.com/u3RM4LB.jpg
* CCLAM was mentioned on John Oliver show LOL imgur.com/a/zrRZG
SOCIAL
* There has been extended silence across social media for many months. Little activity.
TA
* There is visible accumulation and resistance in our current range across all trading exchanges.
* Rolled into the Ichomuku cloud this past week.
DEV
* Original / Official Github has no activity or commits in over a year
* HOWEVER, @BayAreaCoins comments on Reddit on April 18 2018- "CLAM is being developed and the new wallet is about to be released after Xploited is finished testing it."
(source: reddit.com/r/Clamcoin/comments/8c8q0e/is_anyone_developing_the_clam_wallet_is/)
* New Wallet = Move Upwards.
TRADING AND EXCHANGES
* CCLAM trades against
DOGE, 
LTC, 
BTC, and ETH.
*DOGE has been rising steadily so maybe 'THEY" will use CCLAM as an exit?
ORDERBOOK
* Asks increasing, Sell walls moving further awayfrom average mean.
PROJECT DEVELOPMENT MYSTERY:
* The development plan shown on the official Clams website shows that the project is 90% complete - and NOT complete.
* Although their website has not been updated in a while. Another mystery remains in their development plan: Note below, the - (??% COMPLETE) Moon.
* Development Plan: CLAMmonetas. - (90% COMPLETE) Proof-Of-Working-Stake. - (70% COMPLETE) Update to Upstream Codebase. - (70% COMPLETE) CLAMshell. - (60% COMPLETE) CLAMchat. - (20% COMPLETE) CLAMtrader. - (10% COMPLETE) CLAMmarket. - (??% COMPLETE) Moon (source: clamclient.com)
WEB DEV
- The clamclient.com/ last header date:·Sat,·16·Dec·2017·15:46:01·GMT(CR)(LF) - Modified date is even earlier.
- Note: 4 months isn't too bad at the end of the day given the small team and the wild bear market.
MARKET DATA
Recent Data pulled from CoinMarketCap and shows increased activity across markets.
(coinmarketcap.com/currencies/clams/ as of 4/19/2018
1 Bittrex CLAM/BTC $163,573 $4.27 59.37%
2 Poloniex CLAM/BTC $108,510 $4.24 39.38%
3 Cryptopia CLAM/BTC $1,766 $4.79 0.64%
4 YoBitYoBit CLAM/BTC $1,681 $4.20 0.61%
5 BleutradeBleutrade CLAM/BTC $7 $4.79 0.00%
6 BleutradeBleutrade CLAM/DOGE $0 $3.74 0.00%
coingecko.com/en/coins/clams/trading_exchanges
Steemit Link:
steemit.com/cryptocurrency/@mgogel/i-got-a-feeling-about-good-old-usdclams-clam-will-it-rise-again
Rule #1: Expect the Unexpected...
Although this coin dumped hard back in October 2017, here are some factors that may indicate an impending move upwards.
DISCLAIMER:
I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it, and I have no business relationship with any company member mentioned here.
I own a very small bag of CLAM.
This is a VERY RISKY investment and this strategy is based much on speculation. I could obviously be wrong. I am not responsible for any trading decisions. PLEASE, DYOR.
INVESTMENT RISK/REWARD:
* High Risk
* Potential +69% return
* Buy Range: 40-52 sats. Sell Range 60-70-80-90+
* Time Frame: By first week of May.
QUICK MARKET QUICK OVERVIEW (APRIL 19 2018)
* MARKET CAPITALIZATION $12,731,149
* 24 HOUR TRADING VOLUME $278,117
* 24H LOW / 24H HIGH $4.07 / $4.37
* Circulating Supply: 2,969,255 CLAM
* Total Supply: 16,665,869 CLAM
RECENT
* CLAMs (CLAM) launched in 2014. Many 2013 and later coins have mooned, but CLAMs has not. It dumped.
* CCLAM dumped real hard late last year. Ouch!
* It's time for either a move upwards or project death. Not that many options!
MEDIA
* CCLAM was spotted at the Block Hack 2018 conference in i.imgur.com/u3RM4LB.jpg
* CCLAM was mentioned on John Oliver show LOL imgur.com/a/zrRZG
SOCIAL
* There has been extended silence across social media for many months. Little activity.
TA
* There is visible accumulation and resistance in our current range across all trading exchanges.
* Rolled into the Ichomuku cloud this past week.
DEV
* Original / Official Github has no activity or commits in over a year
* HOWEVER, @BayAreaCoins comments on Reddit on April 18 2018- "CLAM is being developed and the new wallet is about to be released after Xploited is finished testing it."
(source: reddit.com/r/Clamcoin/comments/8c8q0e/is_anyone_developing_the_clam_wallet_is/)
* New Wallet = Move Upwards.
TRADING AND EXCHANGES
* CCLAM trades against
DOGE, LTC, BTC, and ETH. *
DOGE has been rising steadily so maybe 'THEY" will use CCLAM as an exit?ORDERBOOK
* Asks increasing, Sell walls moving further awayfrom average mean.
PROJECT DEVELOPMENT MYSTERY:
* The development plan shown on the official Clams website shows that the project is 90% complete - and NOT complete.
* Although their website has not been updated in a while. Another mystery remains in their development plan: Note below, the - (??% COMPLETE) Moon.
* Development Plan: CLAMmonetas. - (90% COMPLETE) Proof-Of-Working-Stake. - (70% COMPLETE) Update to Upstream Codebase. - (70% COMPLETE) CLAMshell. - (60% COMPLETE) CLAMchat. - (20% COMPLETE) CLAMtrader. - (10% COMPLETE) CLAMmarket. - (??% COMPLETE) Moon (source: clamclient.com)
WEB DEV
- The clamclient.com/ last header date:·Sat,·16·Dec·2017·15:46:01·GMT(CR)(LF) - Modified date is even earlier.
- Note: 4 months isn't too bad at the end of the day given the small team and the wild bear market.
MARKET DATA
Recent Data pulled from CoinMarketCap and shows increased activity across markets.
(coinmarketcap.com/currencies/clams/ as of 4/19/2018
1 Bittrex CLAM/BTC $163,573 $4.27 59.37%
2 Poloniex CLAM/BTC $108,510 $4.24 39.38%
3 Cryptopia CLAM/BTC $1,766 $4.79 0.64%
4 YoBitYoBit CLAM/BTC $1,681 $4.20 0.61%
5 BleutradeBleutrade CLAM/BTC $7 $4.79 0.00%
6 BleutradeBleutrade CLAM/DOGE $0 $3.74 0.00%
coingecko.com/en/coins/clams/trading_exchanges
Michael Gogel
Disclaimer
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