UBiX $0.00 00 39 | a Chain to Link em Allan individual and Enterprise solution that is ready for deployment
think of ERP CRM solutions back in the day made simple secure and seamless
it's got an exchange
a crowdfunding platform
the basic wallet
a supply chain app
a business intelligence
legas documentation for ease of use retrieval
government contracts
etc
this just needs to be packaged and peddled to next Fortune 500
nations governements who like to expedite streamline processs
start ups whod want to do it right at the beginning
at $1.8M valuation is under rated with that of Coindesk pegged at $200M for sale
Ubix
✴️ UBIX.Network | General View (Name Your Altcoin #36)There are many reasons why UBIX.Network looks good and we are going to go through all of them.
This altcoin is only available on KuCoin so this analysis is done exclusively for you, at your request.
I hope you enjoy it or at the least find it useful... Let's get started!
We have a major downtrend lasting 430 days, this is us counting from the October 2022 high. The main and very strong bullish signal is the fact that this downtrend is over, the down-trendline has been broken.
The break of the downtrend is followed and supported by three additional signals: MAs, RSI and Volume.
As the downtrend ended, we see the highest volume ever for UBXUSDT 18-Jan. This means a lot.
We also have a strong RSI and a break as resistance of EMA50, EMA100 and MA200.
All these signals point to a change of trend.
The trend being initially bearish, bear cycle/bear market to bullish cycle/market.
Short-term action can vary with retraces, corrections, shakeouts, etc.
It doesn't move straight up... It fluctuates as it grows.
But the chart is saying, up, up, up and UBX hears, listens and grows.
You can find the targets with the potential mapped on the chart.
Namaste.
Ubix is a tikking time bomb!Ubix is a tikking time bomb!
I even shouldn't have to draw this picture, but good. Any moment, everything speaks for it self.
Ubix is my favorite underdogg coin in this market. So litte, with so much potential and only listed at one exchange. It just makes me want it more!!!
Go Ubix
UBX / UBIX trading channel and area of interestmade some money short term off the recent pump, decided to chart it out, Elliot wave is not necessary as I do not plan on trading this for regular profits, just wanted to find and area to add some for a long term hold.
Is 12X Possible ? UBX/USDT #UBX $UBX #UbixHere we see our UBX tether daily chart and you see that colorful Gann Fan Indicator on it . We are following in the Gann Fan lines very closely . Now the blue Gann lines are bullish and if we head up into those areas by 4th quarter of 2021 then we will definitely see half a cent price and more by end of year. Is it possible to hit 1 penny ? Perhaps ... but that might happen in quarter 1 of 2022 - and that's only if there is some continuation there . It might not reach a penny or more - it's hard to predict . But 1 cent is a big psychological level so it's definitely possible. One to keep an eye on.
UBXETHKUCOIN:UBXETH is bearish-neutral. We are respecting the current support line. Bollinger bands are tightening and could result in a move to upside as sellers are exhausted.
Steps to take:
Buy at current support line OR multiple buy signals
Sell if candle open/close below current support line
UBX Making movesThis has always been one of my favorite low cap coins, as you see we've had a nice spike now we've been in this strong pullback which isn't a bad thing. Well be able to meet our lower resistance which would be led by a nice spike above .0000002902 creating a Higher High, which means we are in a Bull trend!
*Not Financial Advice
Ubix 15min 05/08Looks like for now we keep finding new levels of resistance in healthy upward trend. Gotta watch this one closely and hopefully get on some more exchanges soon and get more volume. Everytime we hit ~20m daily we move nicely but bots on Kucoin consolidate the price when volume is low. Let me know what you think, thanks!
UBIX Network - UBXQuantitative Data
- Market Cap, small, ~68M USD as of May 2nd
- Total Supply, 1 Trillion UBX, Works on emission so this is irrelevant.
- Current Circulating supply 34.52 Billion UBX (90.31% of Max Supply)
- ~170% ROI since ICO
- Initial distribution data unavailable (See End of Report)
- ICO ran from 16-9-2019 to 18-7-2020 Initial price of 0.00000077 ETH
- 10% of all commissions are credited to development fund
General Tokenomics
a. Consensus algorithm PoS
b. No Minting. Masternodes rewarded with transaction fees
- ATH $0.005141 (10-4-21) ATL $0.00000578 (11-1-21)
- Cycle Data Unclear, project is too young
- Currently outperforming BTC by a large margin. To be expected with a very young project.
- IOTA Mcap 5.6B. NANO Mcap 1.4B GBYTE Mcap 64M a. 50x from here would put UBX at 3.2B easily amongst the competition b. 16x from here to get to 1B c. Large growth potential from here for sure. d. Potential for even further growth if can manage to compete with DOT (34B Mcap)
- Listed on KuCoin, Hotbit, ExMarkets. Over 95% of volume on Kucoin. Good daily volume. Liquidity does not appear to be an issue. 99,000USD liq last 24hr More listings to come soon. 3 exchanges want to List. Binance reapplication done.
- 24hr Volume ~20M highest 18-4-21 6.4M (down 55%) 5302 Holders according to Etherscan as of 18-4-21. UBX claim to have 16,284 Non-zero wallets across 6 blockchains. 69.8% held by 3 wallets belonging to exchanges or the UBX network itself. Biggest Whale holds 1.3% of Total supply, valued just under 1M USD.
- Proof of Stake
Qualitative Data
Open ecosystem designed to integrate decentralised applications into a cohesive whole.The Decenteralised protocol UBIX (DAG, consists of blockchains of various types) has been developed to exchange master data between applications. The Ubikiri super application interface, built on microservices is used to exchange edata between applications via the internal API. For the development of applications the UBIX launchpad platform is used, this launchpad is integrated into the Ubikiri interface. A special approach called fair-ICO (fICO) is used to finance internal projects. The first project was the UBIX exchange. UBIX ($UBX) - A Digital Universe with Endless Possibilities.
Ecosystem overview
- Target market would be the entire crypto space really.
In order to implement the possibility of creating integrated blockchains the following approach was used.
a. Users can create their own blockchains(in terms of the platform consiliums),
b. Each transaction has a special ;ane; that defines which consilium can process it.
c. When the conditions defined by the consilium rules appear, consilium is activated and transactions accumulated in the mempool related to this consilium are processed.
d. When the block created by consilium goes to the general deistributed ledger, where the blocks are connected to each other in a merkle tree, forming a DAG. i. Network node can form subsets that implement certain rules, Each group is called a Consilium (in case you were wondering)
DAGs are fairly new to the crypto space from what i can tell. UBX has the potential to be special, I see very few reasons why this can't be successful.
From what little information i could find online about the team they seem solid and have alot of experience in the crypto space. They were founded and majority based out of the Russian federation (Probably why there is a lack of info) The Co-Founder Max Breus, also co_founded Silent notary. Studied both law and at the institute of physics and technology in Moscow. Aleksey Petrov was the CFO at silantNotary, He also co-founded UBIX, he also has experience in the finance space. Johan Struijk is the CMO of UBX and worked as an advisor at SilentNotary also. He has experience working as a CEO of a decentralised escrow service. He is focused on marketing and branding at UBX. Link to full team Team - ubix.network
Info about the exact token distribution is unavailable.
Direct link to full roadmap Roadmap - ubix.network
Whitepaper outlined in point 1
Active telegram with 16,000+, Active Twitter Also. Also have an active medium. Looks good.
Partnered with Acceleration group, Leader in BIM tech and manager of complex construction projects. Together creating a joint blockchain laboratory, by doing so this will introduce blockchain to the international construction industry. Further info here Partnership announcement: UBIX.Network and Acceleration Group | by UBIX.Network | Medium
As far as i could tell, no upcoming events. May be more AMA’s.
AMAs available on telegram
No concerns we can see as yet, other than paperhands as project is still in the early stages.
Everything seems sound at present, Recap- Very solid looking project with 100x potential long term. Still very early to the party and i don’t have any major concerns apart from lack of initial token distribution data due to UBX being born out of a swap where-by you had to swap $SNTR for $UBX. Hopefully data is available regarding token distribution of $SNTR. Again no major concerns. My personal verdict is that i will be purchasing a small position in this project as believe it has huge potential and could reach the $1B club.
Managed to source some Info on the Allocation of funds raised by $SNTR token sale
50% Marketing and Promotion 20% Legal Status, Experts in different legislations, and introduction of legal practise 20% R&D 10% Staff and operational costs
This clears up my one red flag which was lack of into regarding token distribution which could have allowed the team to hold a large % and sell at massive profits later. I am confident this is not the case and the distribution of UBX is fair.
Professional team and professional project.
No reason this cannot go far.