PICK OF THE WEEK

Since 1 January many altcoins are performing above average. Ripple appreciated by nearly 88% since the beginning of the year and there seems to be support from institutions and banks which is likely to continue its rally. 

However, there are many other unpopular altcoins which are likely to multiply their value more than 30 to 50 times in 2018. My pick of the week is DENT 

Dent enables mobile users to buy, sell and donate mobile data. The price of the coin today opened at $0.04 from yesterday's $0.02, which is a double in 24 hours. There seems to be strong support on Kucoin exchange and signs that the hype will continue amid rumors the coin will also be listed on Qryptos platform. 

From a technical analysis, DENT is likely to end the week at 7 cents to 9 cents and a maintained volume of 380 BTC on Kucoin can push the prices beyond 10 cents sooner than expected. 

Total supply of DENT coin is 100 billion and they have a working product which is widely used in India and China. They now have a new iOS app for buying, selling and donating mobile data, which is likely to increase its user base thereby spiking the price of the token

Disclaimer: This is not a financial advice but personal opinion based on my Own technical and fundamental analysis. I encourage you to do your own research before making any investment in the coin

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LTC:      LVSo6sFR51HBu175JQ57qqZ1dD3sWc6uby

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