TenX lagging behind, should breakout soon!

When we look at the major Crypto Debit/Visa card projects we can see that TenX has been lagging behind its competitors even though they probably have the strongest project. I would expect TenX to catchup and test if not break through its high of $6.90 USD.

Dagangan ditutup: sasaran tercapai:

It looks like on a percentage basis, Mona.co (MCO) has corrected and rejoined the pack. Due to the over bought position of Mona.co (MCO) from the news of them launching their app, it looks like people are now selling the news. Monaco formed a nice head and shoulders formation and looks to be correcting back downwards rather than Ten X and Token Card rising. Either way, if you sold your the overbought position at the time of the previous post you would be in a great position to reinvest back in on any of these crypto debit cards.

Which one would you guys invest in?

Komen:

My favourites are Monaco (MCO) and Ten X. A lot of people have been hating on Monaco but they have a really small circulation of tokens in the market (1/10 of Ten X) which will make it more volatile. They are also less transparent on what they are doing which will make them more acceptable to big movements caused by news/rumours such as what just happened. If your a short-medium term trader, this is a very good project to follow.

Overall, I think Ten X has the better project/team. If you watch recent videos of people who have received their cards, there is a VISA logo on it and it does work. I expect the token to pop within the next month or so due to some interesting things that is happening in the background. If you watch their weekly vlog you will notice that they are currently in the process of trying to partner with a 3rd party financial institution to obtain a banking license. This is a short term play to get a banking license now while they file for their own license in the future. This will be HUGE if they are able to achieve this goal. They would be able to offer credit/loan services in crypto and fiat. As token holders you would also be able to earn revenue share on all those types of transactions. You will probably see a lot of BIG MONEY move into this token once that happens which will make this one skyrocket.

Both will be great investments, but I see Ten X being the better investment for the long-term.

Happy Trading and see you guys on the next post!