Tag Archives: LATX

Cryptocurrency Capitulation. Have we seen it?

Be patient. Crypto is still in bear mode. Total market cap is currently about 250b near its 52wk low. Could it hit a low of 100b? Conceivably, yes. If that happens, Bitcoin could hit $2000 and Ethereum could hit $300. Anything under those levels I would definitely be buying. Until then I’m watching. Market caps for most coins are still way out of whack. Some alts that I’m watching:

1. Counterparty (XCP)
Price $7.87 Market cap $20.5m
Check out these projects

Counterparty extends Bitcoin’s functionality by “writing in the margins” of regular Bitcoin transactions, opening the door for innovation and advanced features not possible with ordinary Bitcoin software. Counterparty has the following features: user-created assets, distributed exchange, feeds, betting and financial derivatives.

2. Encrypgen (DNA)
Price $.07 Market cap $4.5m

Encrypgen provides customers and partners best-in-class, next generation, blockchain security for protecting, sharing and re-marketing genomic data. We empower science, business and individuals to securely and efficiently achieve their goals.