Congrats to all those who traded WAN today on 16% move to the upside. I hope you had your orders placed right, and made good money. I am not a fan of this project in particular, but I follow a lot of markets and saw that WAN has the potential for substantial growth in the short term, bought the dip and place a sell order at around +15%...
As you have probably guessed, my hustle has paid off handsomely.
Speaking of fundamentals, Wanchain didn't live to the expectation of creating an innovative blockchain platform to satisfy the business needs. That's dead and gone, I think. When it comes to the price, WAN is also way past its prime...
The initial pump in May 2018 ended in a violent downfall, after which the price has been swimming at the very bottom with no evident signs of recovery even to the pre-pump level.
Ah yeah, WAN. This is a legit project. They aren't posing like all these other interoperability projects. They have been hard at work and don't intend to throw in the towel. It's projects like these that the space is in desperate need of. This is quality, and it shows in their partnerships and accomplishments...
Once they bump up their transactions, we'll see a whole need side of the blockchain at work. Ethereum was internet 2.0. WAN is 3.0. This is the next level that will scale small dApps all the way up to full-blown institutional-grade privacy networks.
Not every project has a strong team, this is the first. The idea is important to decide whether to enter ico or not. For example, blockchains and blockchain services give the most of Xs now. Strong energy projects give a plus, but not so big (as an example, wepower and restart energy) a maximum of x1.5-x2...
Gaming is even less, or even lower, the price ico takes a long time. And so on. The team, as well as advisors, is a very important aspect. Especially in terms of their ties with the top exchanges, if we talk about a quick full or partial flip. For a long hold, more important is the experience of the team in the development on which the idea is built. I hope in a nutshell gave food for thought.
* Crypto Rating accepts no liability for content of the Wanchain reviews made by the site users. The entire responsibility for the contents rests with the authors.
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