Crypto market is facing very Bearish trend these days because of Bitcoin downtrend. Bitcoin is kind of stuck at same levels for quite sometime and it seems like it'll at these levels for sometime more. Bitcoin is trading within $10000-$12000 range for almost two weeks. If we talk about Alt coins, then most of the Alt coins have lost 50-60% of their value since the recent ATH's. Bitcoin messed up everything in simple words.
Bitcoin has a strong support at $9000 and its highly unlikely that it will go past this, if it starts to dump in coming days.
These days only crypto's with recent extra-ordinary news are showing Bullish momentum. Alt coins without any upcoming news are kinda stuck at current levels. Some Alt coins with upcoming news like ICON (ICX), Zencash (ZEN), Guppy (GUP) are doing pretty well even in this bearish market.
So, let's have a look at some Alt coins whose updates are due on 31st January 2018 and on the basis of which they could see some Bullish price momentum.
Tron (TRX) : Listing on a new exchange PROOF
Tron (TRX) : TRX won the poll for the listing on BitClude exchange PROOF
Hemp Coin (THC) : "HardFork coming January, 2018! The new $THC will be more advanced and comes with many technological upgrades!" PROOF
Stratis (STRAT) : These 2 verified Stratis ICOs "will not start until at least the end of January". One of them is "an industry leader in China". PROOF
ICON (ICX) : "Mainnet, 2018 roadmap, and introduce a number of DApps that will run on top of the ICON network"r 2018- Interoperability initiatives: Creat PROOF
ECC: Brand new website will come online this month. They will start active marketing after that. PROOF
Cappasity (CAPP) : "The Cappasity platform powered by Cappasity token will be launched on Alibaba Cloud in China already in January 2018" PROOF
Spread Coin (SPR) : "We are officially forking off SpreadCoin on 31 January 2018, 00:00 UTC. All existing SpreadCoin (SPR) holders will get 1:1 fork of the coin PROOF
Burst Coin (BURST) : "the PoC Consortium will release the version 2.0.0 of the wallet – probably by the end of January" PROOF
Sys Coin (SYS) : Blockmarket Web 1.0 & Desktop 1.x PROOF
VeChain (VEN) : "DNV GL will announce our partnership at London in late January, and we are excited to start the journey with DNV GL." PROOF
Hshare (HSR) : "PoS mining function development is completed. Main chain starts to operate." PROOF
Ripio Credit Network (RCN) : "Ripio confirmed that the RCN Exchange beta version, expected to be launched between December 2017 and January 2018" PROOF
Electra (ECA) : Official Electra Whitepaper coming at you January 31st @ 12:00 UTC. PROOF
FunFair (FUN) : "In January we will be submitting to the UK Gambling Commission our application for a Remote Gambling Software License." PROOF
Note: Cryptocurrencies are highly volatile, so please take care of your investments and always use stop loss orders to limit your loss.
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I bought Tron on the recent dip to 500 sats and am itching to be rid of it. I hope the exchange listing gives me the bump i need to get out of it with a little profit.
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