$KMD Komodo Update

BITTREX:KMDBTC   Komodo / Bitcoin
I got into Komodo before the recent run-up. My thoughts are on the chart.

I believe Komodo to be slightly undervalued with a lot of upward potential in 2018.
Another thing worth mentioning about the previous high,
back in september a few factors came together: the TA was looking very healthy and Komodo had announced some "big news", which somewhat balled together into a lot of momentum and hype.
when the "big news" turned out to be possibly one of the worst live streams ever, a lot of that upwards momentum backfired into a very violent retreat.
The biggest difference with this run up is there is no hype news surrounding this push. its all simply organic growth. The team is making progress and the chart is following accordingly. their no-nonsense approach to marketing (they learned from their mistakes) is paying off, making this a very clean investment to read and tune in to.
Lastly, I definitely agree with your upward potential remark. this platform is somewhat "monero meets smartcontracts" which obviously has a lot of potential if they pull it off. so with FA and TA lining up nicely, this is definitely a project to keep in mind.
+1 Balas
Scyripto Schmeaulin
@Schmeaulin, I always appreciate insightful comments like this one, thank you.
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