Tech News, Magazine & Review WordPress Theme 2017
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Blog
    • Press release
    • Sponsored post
  • EMAIL ALERTS
  • DAILY HODL MIX
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Blog
    • Press release
    • Sponsored post
  • EMAIL ALERTS
  • DAILY HODL MIX
No Result
View All Result
The Daily Hodl
No Result
View All Result

Two Altcoins Built by Mysterious Coder Will Erupt As Bitcoin, Ethereum and Chainlink Recalibrate, Predicts Top Trader

by Daily Hodl Staff
August 24, 2020
in Altcoins, Ethereum, Trading

A prominent crypto strategist and trader says he’s keeping his eyes peeled on two low-cap coins.

Josh Rager says he’s bullish on the new crypto projects, which were both created by a pseudonymous figure known as Bill Drummond.

You want to know why I'm so bullish on $XAMP and $TOB

The founder @burn_the_state is for the people and recently went into detail on this topic

With a focus to steer cryptocurrency back in the right direction: the direction of innovation and freedom

(unlike many projects) pic.twitter.com/M1Vta0M8nJ

— Josh Rager ? (@Josh_Rager) August 23, 2020

Tokens of Babel (TOB) is an Ethereum-based asset that introduces a new twist to coin burns called rebasing. The idea is to burn TOB tokens whenever certain conditions are met while maintaining the holder’s share of the total supply. Holders who hold 5% of the supply will always own 5% of the supply but the number of tokens in circulation is decreased, making it more expensive for new holders to purchase TOBs.

As for Antiample, the token’s unique use case is to see the impact of deflationary forces by constantly destroying coins. If the value of XAMP decreases, the supply of the crypto asset is reduced in an effort to drive the value of the coin.

From a technical perspective, Rager says he believes that both XAMP and TOB are poised to print new all-time highs.

$XAMP and $TOB about to get exciting

You can now yield farm XAMP and TOB (provide liquidity) on Uniswap to get $ASH

I sense new all-time highs in the future https://t.co/KQAPGByRuf pic.twitter.com/0YHsshgPhB

— Josh Rager ? (@Josh_Rager) August 20, 2020

Meanwhile, the crypto trader says he believes that Chainlink will regain its footing as long as it can reclaim a key level.

“I do want to eventually see it close above this area around $16.60 and if it can move on up there, close above there, I think it’s going to continue to move on up.”

In addition to Chainlink, Rager is bullish on Bitcoin (BTC) and Ethereum (ETH). He expects them both – along with Zcash (ZEC) and the small-cap coin YF Link (YFL) – to resume their uptrend as long as Bitcoin can remain above $10,500.

“Happy with this weekly [Bitcoin] close – prior resistance that held for multiple years. Now holding as support so far. If the daily can stay above $10,500 and weekly about $11,500 – should be a continuation to upside if so.”

 
Check Latest News Headlines


 
 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/Tithi Luadthong

Submit a Press Release

Industry Announcements

  • Saddle Finance Announces End of Lock-Up Period for Its SDL Token
    June 24, 2022
  • NFTs Accessible to All With Launch of Fiat-Focused SIMBA Market
    June 23, 2022
  • Korea Blockchain Week To Hold First Live Event in Seoul After Covid Hiatus
    June 23, 2022
  • CoinLoan Partners With Elliptic To Provide Crypto Users With Top-Notch Security
    June 22, 2022
  • Gate.io – The Crypto Winter Is a Good Time To Accelerate Web 3.0
    June 21, 2022
  • How the Earliest Soulbound Use Case Creates Real Web 3.0 Heroes
    June 21, 2022
  • ADI Whitelist – A Universal Identity Layer by Accumulate
    June 20, 2022
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$21,456.00
$21,456.00
0.07%
Ethereum
$1,234.59
$1,234.59
0.86%
Cardano
$0.507391
$0.507391
2.08%
XRP
$0.365059
$0.365059
0.5%
Dogecoin
$0.078197
$0.078197
8.92%

Spotlight

  • Top Crypto Strategist Details Bullish Scenario for Bitcoin As BTC Surges Above $21,000
    June 22, 2022
  • Here’s What Needs To Happen for Bitcoin To Reverse Course, According to Top Crypto Analyst
    June 24, 2022
  • Crypto Firm Celsius Addresses Community As Top Investor Details Potential Recovery Plan
    June 20, 2022
  • May 2022 – Monthly Research Key Data – ETH Gas Price Rose by 20%
    June 22, 2022
DON'T MISS A BEAT
Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options
By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.
Featured Image: Shutterstock/Billion Photos

Cryptocurrency news and analysis, covering Bitcoin, Ethereum, Ripple, XRP, altcoins and blockchain technology

Categories

Bitcoin • Ethereum • Trading •
Ripple and XRP • Altcoins •
Blockchain • Regulators •
Scams • Crypto101 • HodlX •
Futuremash •
Industry Announcements

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT

JOIN US ON TELEGRAM

JOIN US ON TWITTER

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2022 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Blog
    • Press release
    • Sponsored post
  • EMAIL ALERTS
  • DAILY HODL MIX

© 2022 The Daily Hodl