Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 12th of May 2018.
Using this buy in point and selling at today's price, you would have expected to net 53.57% PROFIT!!!
The increase in price may also be explained by positive developments including:
March 27: Quantstamp will audit PIN Protocol’s ICO and protocol smart contracts in the near future. Pin is a protocol that allows asset sharing companies to share user reputation information. This allows companies to more effectively incentivize their users to engage in positive behavior.
April 24: Quantstamp Joins Ethereum Community Fund alongside OmiseGo, Golem, Raiden, Cosmos, Global Brain, and more great projects. Vitalik Buterin is also an advisor of the Ethereum Community Fund.
April 26: Quantstamp’s conducts security assurance on the OmiseGO token contract in the context of batchOverflow and proxyOverflow.
April 30: Quantstamp performs successful security audit of Binance’s ERC20 Tokens.
May 8: CEO of Quantstamp has interview with Forbes Japan.
May 15: Quantstamp announces that they will be presenting at Consensus 2018.
May 16: 0xProject on audits 0x v2.0 (which introduces new smart contract architecture, token standards such as ERC-721 and a variety of performance and UX upgrades)
May 16: Quantstamp completes an audit of the Interactive Initial Coin Offering (IICO) smart contract implementation by Modular Inc.
May 17: Quantstamp made Palm Beach Research Group's pick of the month for May.
May 18: Rumours that Quantstamp will be listed on Upbit.
The surge in price is believed to be driven by the increased publicity at Consensus 2018 and general recovery of prices in the cryptocurrency markets.
**The "Crypto Bottom Signal" used in this analysis is included as part of the Crypto Trade Signals subscription.**