Undervalued Cryptocurrency Pick: Mysterium

in cryptocurrency •  7 years ago 

Hi everyone,

Today I'm going to be going over a relatively unpopular alt coin which I believe is a steal at its current price - Mysterium (MYST). Mysterium is a foundation that is developing an open source software to support a decentralized VPN (Virtual Private Network). The demand for VPNs is huge and is projected to skyrocket in the future as more users strive to protect their information while browsing the internet.

What seperates Mysterium from other VPN services currently on the market is the fact that it is decentralized. Current VPN services have all your data in one place, making it easy for third parties to access or steal. With Mysterium, your private data is decentralized across the blockchain and is completely safe. Since people will be competing to earn Mysterium by setting up a VPN node on their computer, the prices will be set at a fair market price without any markup by a central party.

At the time of writing, MYST is trading at 74 cents with a market cap of only $14 million, down from its peak of $86 million last month.

At this price, I think it's a great time to get into Mysterium and just hold for the long run. The VPN industry is projected to grow to $102 billion in 5 years. If Mysterium manages to capture just a 1% market share by then, MYST would be worth over $30 a coin. I see a ton of potential in this project and I'm in it for the long haul.

Thanks for reading!

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Worth a look into at that price

I agree! Thanks for commenting

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