Quote from: Wiwo on April 16, 2023, 10:52:09 PM

Quote from: Houdini76 on April 16, 2023, 06:15:04 PM

Quote from: electronicash on April 16, 2023, 04:57:01 AM

so far altcoins are starting to pump after BTC touches 30k. what i'm watching these days is the VET (Vechain) a sort of Chinese POS token that i've just stake using the Vthor wallet.

token is yet to rise. its still cheap and can easily grow if there really is an altcoin season soon. you might have heard of Vechain if you watch UFC fights.

Vechain has a large number of very good partnerships and use cases and as you said the price is way undervalued

Asset undervaluation is not an investment feature or potential, some of those projects that are undervalued are because of their inability to attract investors or exposure to a bigger market with good trading volume.

Altcoin is a gamble and I will advise you to never take them seriously most especially in the era of price pick because that is the time most of the scam projects are highly spirited to attack gullible investors into buying their coins which will ultimately become more worthless in the long run, I don't believe that any altcoin aside from the top 10 coins will ever gain traction because the stock market is highly developed now with a modern feature that detects the fake trading volume of hype to cause stir in the market.

Perhaps Vechain can indeed show good growth. I'm not an altcoin supporter, I guess I can favour not many coins, but Chinese projects could grow. China has once again announced the legal status of cryptocurrencies. The unbundling is due to happen in June. I have a guess that Chinese projects could be pumped up before then.