DeSo - DESOUSDC - Gems SeriesGreetings,
If you go into our older ideas prior to the beginning of the Gems series, we had been following on DeSo for the very reason it is just charting! Therefore we have decided to include it in our Gems Series.
DeSo claims to be the first blockchain built for the purpose of serving as a decentralized social platform and seems to have achieved a lot of milestones in your road map. The user base compared to big projects like internet computer seems low but the progress on this blockchain for SoFi seems to be most advanced. Perhaps if they invest a bit more on marketing, the user base shall grow significantly quickly.
We have been publishing about DeSo when it had just breached $10 and today it may as well breach $20 just in a few days since our analysis. We still see a lot of growth potential in this coin and as previously forecasted, we still think this can achieve MUN:10B marketcap.
Here is the report on the selection criteria.
1- Project Status = Active
2- Industry = Social
3- Community Involvement = Healthy
4- Prominent Listings = Coinbase, HTX
5- MarketCap = $177M
6- Coin Supply = Cir: 10.5M, Tot: 10.8M
This is medium cap now and has a lot of room to grow. Based on the factors, this coin has a potential for 10x to 50x rally.
Note: This is not financial advise and shall only be used for educational and/or entertainment purpose. Please do your own research before investing. Crypto Markets are highly volatile and you are responsible for the risk of losing your entire investment.
