Long
XBC the ultimate sleeper
Altcoins projects are rather interesting, especially the simple ones. XBC has undergone a massive up, about 20x 3-4 months ago. I entire move held the 23.6 fib and is consolidating out. Super low volume and liquidity in the market, but its because I believe its making another bigger move. The project does have an active dev, has a good POS stake reward and has SUCH A LITTLE SUPPLY. 95,000 total coins available and about 10,000 on the books for sale on Poloniex. 250 BTC buys you over half the sell book. What do you think this market will do if 30,000+ BTC 24hr volume decided to flow through it? It has too little coins not to pump and has survived the last 3 Poloniex delistings. Definetly worth a small amount, super high risk/reward.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.