why sumokoin (SUMO), a fork of monero (XMR), will be an easy 10x:
>$22mill market cap vs $5.4bill market cap:
if this is the litecoin to monero, then this should be valued at a $296.6mill market cap, being over 10x what it currently is
[ (ltc MC/ btc MC) * xmr MC ]
>SUMO has one of the lowest market caps on the plebbit list of privacy coins: reddit.com
therefore its undervalued compared to the others, since the tech is better than a lot of them
>reasons for it to go up:
privacy coins will surge next year, especially with tax evasion and when more criminals find out about crypto
this is a fork of monero, a fungible, truly anonymous coin, but with:
>improved security - although a monero hardfork, it has more than doubled the required ring signatures (12 vs 5)
>improved security - sub-addresses: create multiple sub-addresses so your main address isn't discovered
>cheaper transactions at this current price : who wants to pay up to $20 to transact with monero? not many
>a rapidly developing mining community
>devs are not autists who cause a flash crash to 'prove a point'
>devs have published academia
lastly Veeky Forums, i gifted you with a KURT shill months ago: yuki.la
yesterday it hit a 3mill market cap which is 11.5x gains, greater than the overall market in that period, so don't hit me with, 'everyone's a genius in a bull market'
i'm not asking for an appeal to authority based on my previous shill, i'm just mentioning it
DYOR of course, and I'm not liable for any losses but I think everyone who reads this post should investigate this coin a little, before it seriously takes off.
ez 10x IMO