Wedge Shape Forming
There have probably not been a better time to get into DeepOnion than right now (except for a few months ago when it was at < $1). DeepOnion is forming a wedge shape and is ready to break out in either direction. At a discount of more than 50% from ATH ($20) this is probably one of the best buying opportunities out there.For those that don't know DeepOnion is TOR integrated privacy coin that aims to provide anonymity and security for its users.
If you have a look at an earlier steemit article "Price prediction for 2018: DeepOnion" you will get an understanding where DeepOnion is headed. At $8/ONION (24th Jan), I still stand by my price prediction of $75-80 in 2018 and $20-25/ONION in Q1 and think this coming week might see the start of the journey up.
Low Market Cap
Current market cap is listed at $40M. This is not fully correct since CMC is not fully updated on all the Airdrops so the total sum is probably closer to double that: $80M. But that is still a ridiculously low market cap for a privacy coin that is sent via TOR.Not only that, more Youtubers, Your Altcoins, Crypto Zombie, Crypto Tips to mention a few, are starting to take notice of this coin and everyone seems to agree that the current evaluation is way too low.
But that is only small Youtubers you might say?!
Well, famous crypto Youtuber Suppoman (which most will recognize), actually mentioned DeepOnion in passing in one of his latest videos. It was regarding coins that make a passive income through staking. I am pretty sure he wouldn't have listed DeepOnion in his list unless he already have plans to (or already are) looking into the coin for a future video. If/When this happens DeepOnion will rocket up to new highs, that is for sure.My Conclusion
Looking for short-term gains on a quick flip or holding for long-term (possibly bigger gains) I think DeepOnion is a good choice for either situation. Read more on the DeepOnion features: DeepVault, upcoming DeepSend and VoteCentral at the homepage and in the Whitepaper. Learn how you can make a passive income through staking and joining the Airdrop. Feel free to check out the links in my signature for more info.Also feel free to visit the article at Steemit and upvote if you liked it: Things are heating up!
Disclaimer: I am no financial advisor so you should always do your own research before choosing to invest in any project