Alt Coin Analysis - Points out of 10
Date : Since 2014 ( 8 / 10 )
Volume 24 H : 17 BTC ( 2 / 10 )
Available Markets* ( 6 / 10 )
Social Media Rate ( 6 / 10 )
Ranks ** 110 ( 6 / 10 )
Website ( 7 / 10 )
Type Token creation platform and the world's first decentralized marketplace
Overall ( 6 /10 )
First of all, Syscoin team is around for a long time. I talked with all Syscoin team a couple of times in person. Sebastian Schepis , Jagdeep Sidhu and Dan Wasyluk are legit and nice guys.
However, They dont control the market . So , I dont buy their coins blindly. Like almost all alt coins Syscoin doesnt do well in a bear market. I am not touching this coin right now. MA 50 - MA 100 parity is also negative!
My buy zone will be above the bullish trend-line with a stop loss order.
I will also start the accumulate this coin around 1000 satoshi if it drops. Around 40% down from this level.
* Considering top 10 crypto exchanges
** Top 100 coins on coin market cap get 10 points