Oyster is one of the best projects out there and is really flying under the radar right now. It was a victim of a coordinated FUD attack all over BTCTalk, Telegram etc. and the price took a hit. Be smart, just DYOR and don't believe the FUDders making baseless claims about insider trading or exit scamming. The team has been very professional and transparent, they met all the deadlines (well except for the airdrop date, but this was mostly Kucoin's fault) and will certainly make this project succeed. They are very active on Telegram and Reddit, answering every single question that arises.
PRL is one of the rare tokens that actually has a real use case outside of crypto world and one of the rare tokens which I (and many people) will definitely use myself. They are launching main net by the end of April, which means that everybody will be able to use their PRLs to buy 64GB of storage on the tangle (it is a project based on IOTA's tangle, but they are using their own tangle until IOTA implements sharding). The testnets were a success, although the speed of upload was quite slow, but this will change massively with main net.
1 PRL will be pegged to 64 GB in the beginning and the peg will increase over time. I believe by EOY when IOTA implements sharding we could see a peg as high as 512 GB per one PRL (the main dev Bruno mentioned 512 GB to be very likely). Compare this with competition who offers storage (Amazon, Dropbox, Google) and you can see that the project is EXTREMELY undervalued right now.
The price is hovering around 0.60$, the competition offers 64GB for about 8$, so there is high probability of a 10x or more after the main net launches. If by end of year they succeed to set the peg at 512 GB, we could see prices of 50$ and more (Dropbox and Google offer 512 GB for more than 60$), which is about 100x from where we are at now. As a bonus, PRL holders will be awarded SHL tokens, which will be airdropped this week (the snapshot has already been taken). So we could quite possibly see PRL+SHL combined at about 70$ EOY.
There are more than 20 people actively working on the project, they are constantly hiring new experts (some of them are ex-Google and ex-Microsoft developers). They recently hired Chris Garner as their CMO, so we can expect a lot when the real marketing stars. You can check his references on his website:
https://www.chrisgarner.org/ Oyster is currently on Kucoin and Cryptopia, so we can definitely expect new exchanges after main net. Bruno said they are going BIG or going home. So expect Binance or Bittrex in the following weeks.
PRL has extremely low market cap for a coin of such value - only around 50 million $ so there is A LOT of room for growth.
You can find more info on the project here:
https://oysterprotocol.com/https://coinmarketcap.com/currencies/oyster/https://www.reddit.com/r/Oyster/TLDR: Oyster PRL, mainnet launch by end of April, low supply, low marketcap, possible 10x after mainnet, 100x EOY #moon #whenlambo