Looking for the top undervalued privacy coins for 2018?
Today I want to share a super low cap coin that I really like the look of.
The name of the coin is HUSH.
HUSH is currently ranked 371 on coinmarketcap.com and has a market cap of $28 million.
I saw the potential of HUSH a few weeks ago when the price was sat at $1.50 and today it sits at $12.
Just a few days ago the price hit $25 and I literally saw my investment go up over 10x which was a very nice feeling.
But why HUSH and why is this my top undervalued privacy coin for 2018?
HUSH – 5 Reasons To Buy HUSH
I want to share 5 reasons that HUSH is my top undervalued privacy coin for 2018.
1 – Small Market Cap
As we know from the success of coins like VERGE privacy is big in the cryptocurrency space. It makes total sense too because cryptocurrency is all about privacy and also since governments, banks and mainstream media want to bash cryptocurrency with every chance they get privacy coins will only continue to grow.
HUSH is a top pick of mine for 2018 because of a few reasons but the first reason is the small market cap. If you look at the market cap of top privacy coins like Monero and Verge you’ll see that they are literally in the billions. As of today the market cap on HUSH is a mere $28 million.
Whilst that might seem like a lot if you are a newbie to the cryptocurrency space, that is absolute peanuts compared to the top privacy coins that are worth billions.
For HUSH to go 10x it would only need to be worth roughly $280 million which would STILL leave it outside the top 100 coins.
For HUSH to go 100x it would be worth low billions which would put it somewhere around VERGE.
Now, don’t get me wrong I am be no means saying that HUSH will become as big as VERGE however I do believe that many people will be looking at investing in a coin like HUSH because they will be looking for the NEXT Verge success story and people will be willing to take a gamble.
2 – Few Exchanges List HUSH
The second reason that HUSH is my top undervalued privacy coin for 2018 is due to the fact that few very exchanges have it listed right now. I had to buy my HUSH through the exchange known as cryptopia which in comparison to big exchanges like Binance and Bitfinex is tiny.
This is great news for HUSH because it means that if it gets listed on big exchanges such as Binance, Bittrex, and Bitfinex the price could soar. We have seen it time and time again when coins get listed on big exchanges the price skyrockets and I believe that if HUSH were to get listed on Binance we could see the price 10x pretty quickly.
3 – HUSH Is The MOST Secure Privacy Coin
To quote from the MyHush.org website “Hush is the first cryptocurrency offering zkSNARK (upstream Zcash 1.0.13 build), TLS (secure nodes), TOR nodes and bitcore making it the most secure and advanced privacy coin ever created!” – This is obviously a good thing and shows that HUSH has potential.
4 – HUSH Has Virtually No Marketing
Want to know what makes coins spike and have huge market caps? It’s obviously how good the technology is behind the coin right and the problems it solves? No! It’s the marketing!
Don’t get me wrong when a coin comes out that solves a real problem and has a good team behind it the price will do well however we should not underestimate marketing. An example of this is McDonalds burgers. We all know what McDonalds is right but do they actually make the best burgers?
Chances are you know a place that makes better burgers but I can guarantee you they make less money than McDonalds does. The same is so true for cryptocurrencies and HUSH basically has no marketing.
I believe that as HUSH becomes better known and hopefully their marketing improves more people will jump on this coin and we will see the price skyrocket.
5 – HUSH Supports Decentralized Exchanges
HUSH is a supporter of decentralised exchanges and is one of few coins to be traded on barterdex which is an exchange built on the Komodo Platform.
Whilst HUSH will benefit greatly from the big exchanges like Binance (if it were to be listed) I am personally a big believer in decentralized exchanges. After all blockchain itself is decentralized so why should the exchanges that we trust to trade and often hold our cryptocurrencies be centralized? That means they are extremely vulnerable to an attack which has already happened in the past with many exchanges.
Conclusion & Hush Price Prediction For 2018
In conclusion these are the 5 reasons that I am extremely bullish on HUSH for 2018 and will continue to hold or HODL as we say in the crypto space for the remainder of 2018. I may sell some of my coins as rises happen (after all it’s good to lock in some profits and rebalance portfolio’s) however I will definitely NOT be selling my whole position.
My price prediction for HUSH in 2018? $100+ per HUSH coin.
Please note: it should go without saying but obviously these are MY views and there’s no guarantees this price prediction will come true. Do your own research but you should know that The Token Investor supports HUSH!