Token of the Day : (Qwark)

in cryptocurrecy •  7 years ago 

Today we highlight the cryptocurrency Qwark, which is just over a year old, and has lost 50% of value in the last two weeks

Qwark is the first currency other than Bitcoin that can be used to support a debit card.

The Token runs in a custom blockchain called Ubiq, a powerful shared global infrastructure that can move values and represent the property.

Qwark scored his all-time high on Aug. 17 at $ 0.56, then began to fall sharply.

Qwark currently trades at US $ 0.26 very close to the key support of US $ 0.23, giving an interesting purchase of short-term opportunity. The goals to look for I would situate it at 0.30 and 0.40 cents, respectively

Qwark has a market capitalization of just over US $ 7.6 million, with circulation of approximately 29 million Tokens.

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@jacksonmil980

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I went ahead and took an initial position in QWARK tonight. Sold a partial position in Potcoin to do so. I bought Potcoin at approx 13 cents or so and it was up to about 43 cents so seemed prudent to take some profits on the huge spike and look for a coin that has good potential but has been beaten down in price some but could spike again. My strategy is not to sell all of my position in any coins that have a huge spike but just to take profits by selling a partial position like I did recently with Cardano (ADA). It is a good way to make sure you bank some on spikes (since most usually falter some and drop back a bit) but also retain a position in coins with potential.