Much has been said about new Chinese-sponsored blockchain technology Antshares (ANS) and what role it can play in the future of cryptocurrency.
Gaining new, higher grounds every day, AntShares are gaining more and more pace in Western markets and are quickly becoming a serious contender for Ethereum's consolidated throne. This debate gains even more steam when you take into account how much more resilient ANS looked through last weekend's (June 23-25) crash compared to ETH's volatility swings.
Sitting roughly at the $9 mark as of the writing of this article, and still with a reasonable market cap, it may very well be one of the best long-term opportunities for investment at the moment.
What do you guys think? Could ANS break into the Western exchanges and reshape cryptocurrency trading environment?
Or will it just remain a lower-scale domestic Chinese technology?
There are already vendors in Shanghai taking this as currency. Its had massive exposure on CCTV 2. I've only got a few shares but its already half the value of my portfolio 2 weeks in. It had over 750 nodes last I checked and support from Microsoft and plans to prevent quantum hacking etc. I think its solid. ANC went from 4 yuan to 7 yesterday. Its pretty incredible.
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