Coins Looking To Make A Mark in 2018: Polymath (POLY), WaykiChain (WICC), MedicalChain (MTN), Ox Fina (OX)
The new crypto projects are finding it hard to attract attention due to the tenacious hold the top coins have on the market. Yet, some are making slow but assured moves. Here are four you could have a look at.
The polymath project is billed as the next thing in cryptocurrency. According to its website, Polymath is a platform that aims to bring securities tokens to the blockchain. As more regulations come into place, investors will be happy to know that their investment complies with KYC and that they own a stake in the project they have tokens. The project was launched in 2017 and has since attracted a lot of interest.
The POLY token traded for the first time on February 2nd and was valued at $0.79 against the USD. By February 20, it reached its all-time high of $1.62. However, its value tailed off, hitting an all-time low on March 30th when it traded at $0.27 against the US dollar.
The bearish market lasted the whole of March, but the token picked up an upside in April and has spiked by 300%, rising from $0.32 to sit at the current price of $0.94. The token has moved 22% and 78% over the last 24 hours and 7-days.
The interest in the token has seen daily volumes increase from $7 to $22 million worth of POLY being traded at the time of writing.
WICC is an Ethereum-based dPOS consensus token with smart contract capabilities. It seeks to use its platform to allow blockchain projects in the sports betting industry to benefit from blockchain technology.
WICC is one of the hottest tokens on the market now. Ranked 65, the token is trading at 15% higher than the USD in the last 24 hours and a massive +121% over the last 7 days. Its price against the US dollar is $2.53, taking its market cap to $362 million.
WICC’s current attraction is a 2g piece of gold those who trade the token will earn in a marketing deal between WaykiChain and Chaoex.io. This will take place the whole of next week. The team tweeted:
If you want to get hold of some gold, buy and sell some WIIC. You can buy WICCs on Huobi and HotBit.
Ox Fina (OX)
OX Fina is a project that aims at establishing a highly scalable blockchain platform online. It seeks to provide the necessary financial infrastructure for various businesses and companies around the world.
It will also enable the users to access authentication and payment processing gateways for every other service offered by the governments or merchants. With its array of experience, the OX team wants to make using blockchain easy and friendly to new users.
OX launched in 2017 and has been trading since August. It doesn’t have a market cap yet and is one of the tokes that are struggling to stay afloat after stellar performances in the last few days. The one thing the coin can’t find is the numbers to push its volume higher. It currently has a low volume trade of $10k. You can trade OX on Cryptopia and C-CEX.
Currently ranked 1462nd, OX has dropped by 3% over the last 24 hours, though its 7-day change remains in the green with 47%. Even though it’s dropping, the token has a strong use case and is likely to rebound big time
Medicalchain is a blockchain platform that offers decentralized, secure and fast access to and use of medical data. It wants to use the blockchain to be able to securely store and retrieve a particular patient’s records. Further, the platform seeks to have a structured access that connects players in the medical industry.
Doctors, hospitals, and insurers can all ask for and if they get permission, be able to access a patient’s health records. What makes Medicalchain a worthy project is a focus it has on health. Its impact and usage mean it has a high chance of breaking into mainstream use very quickly.
Interest in the token spiked after being featured at the Future Blockchain Summit in Dubai. Currently trading at $0.228 against the US Dollar, MTN has surged by 20% in the last 24 hours and 54% in the last 7 days. It has a market cap of $42 million, but like many of the new projects suffers lack of trading volumes.
It began trading in February and can be traded on 9 exchanges including Huobi, Ethefinex, and Gate.io. The world is moving towards decentralized and digitalized content, and MTN offers a chance to be part of a great future.