There have been some new PoS coins launch recently that I got into, the first being HotShot coin which is staking amazingly well. Its currently trading on Coinexchange however there isn't much volume but I believe that is due to people not wanting to sell and most have been buying. They will be launching their DEX very soon HotDex which I think will do well. Check it out and let me know what you all think?
The other coin is BKS which was just launched which I think could also do well if the dev team deliver on what they have planned. A Freelance platform for crypto. You can check out the project here: https://bitcointalk.org/index.php?topic=5095700.0 By the way this is pure PoS as well as HotShot coin.
The other coin is BKS which was just launched which I think could also do well if the dev team deliver on what they have planned. A Freelance platform for crypto. You can check out the project here: https://bitcointalk.org/index.php?topic=5095700.0 By the way this is pure PoS as well as HotShot coin.
Awesome. Thanks for this, mate. I believe that PoS cryptocurrencies are the way of the future, since they're faster and cheaper than PoW to operate. By staking different PoS coins you can build a passive income that will last for years. HotShot being a new PoS cryptocurrency, lacks trading volume, yet it has potential of becoming into something big in the future (if widely adopted by people in the mainstream world). Having a DEX of its own, its quite interesting as it could contribute towards the growth of the cryptocurrency itself.
One new PoS coin that's worth considering is x42. It's not listed on Coinmarketcap yet, but it's being traded at a couple of exchanges such as STEX and Raisex. The best thing about this PoS cryptocurrency is that it's fee-less, just like EOS and Nano. Which means that it could become widely adopted in the future, as people realize its benefits.
Nonetheless, PoS coins like x42 and Bean Cash are the best ones for long term investment, due to their highly active development teams and communities. Best of all, Bean Cash is highly rewarding due to its high-stake rate per year.
You're welcome my friend!
Well for anyone that did get into HotShot when I posted this would be very happy now as the price has since gone up from around 1300 sats to close to 3k sats and is now currently trading at around 2400 sats. The team has just launched their HotDex exchange which I'm sure will be a success as they plan to have the cheapest listing fee on the market and also they give projects the opportunity to list for free by voting.
Yes I looked at x42 and I like what I see, thanks for the tip mate!