UTRUST (UTK) -- Hidden Gem? - page 6.

ployfit

full member

Activity: 155

Merit: 100

Quote from: pedrog on January 09, 2018, 12:56:14 PM

They got more than $20 million from investors, current market cap is $200 million, that's a lot for a pretty much useless ethereum token from a company without a functioning product.

Does this really fit the 'hidden gem' project?

Perhaps 'overhyped vaporware startup' is more suitable. Cheesy

If they already achieved 10x return with respect to the ICO price, why should I get more of it? I don't understand this point. I know it's very similar to Monetha project, but while monetha is still 2x in ICO price, I'm definitely picking Monetha, MTH.

pedrog

legendary

Activity: 2786

Merit: 1031

Quote from: Chrizz on January 09, 2018, 01:08:51 PM

Quote from: pedrog on January 09, 2018, 12:56:14 PM

They got more than $20 million from investors, current market cap is $200 million, that's a lot for a pretty much useless ethereum token from a company without a functioning product.

Does this really fit the 'hidden gem' project?

Perhaps 'overhyped vaporware startup' is more suitable. Cheesy

Not that many projects that have a way higher market cap have a working product yet. This project looks quite promising and if they deliver within the dates in their roadmap i think this project will explode.

Lots of 'overhyped vaporware startups' out there. Cheesy

Even if they get successful, I'm really skeptical about real demand for their token, it is not necessary for their business to operate or for users to use it.

Only purpose is to raise money from investors.

There's no Paypalcoin or Bitpaycoin and they work just fine.

Chrizz

newbie

Activity: 42

Merit: 0

Quote from: lordzc on January 09, 2018, 01:17:26 PM

The price is now 1 dollar and 12 cents. This is an incredible figure. It's hard to predict where you're going.

Why is this an incredible figure?

lordzc

sr. member

Activity: 588

Merit: 253

The price is now 1 dollar and 12 cents. This is an incredible figure. It's hard to predict where you're going.

Chrizz

newbie

Activity: 42

Merit: 0

Quote from: randythered on January 09, 2018, 01:08:26 PM

Utrust can be huge, they aim to compete with paypal and if they get even remotely close they will be a top 10 coin. The returns have already been huge for ICO participants but I feel this is still the beginning. This is easily a $10 coin and long term can reach $100.

I added the Paypal comparison to the original post. Thanks.

Chrizz

newbie

Activity: 42

Merit: 0

Quote from: pedrog on January 09, 2018, 12:56:14 PM

They got more than $20 million from investors, current market cap is $200 million, that's a lot for a pretty much useless ethereum token from a company without a functioning product.

Does this really fit the 'hidden gem' project?

Perhaps 'overhyped vaporware startup' is more suitable. Cheesy

Not that many projects that have a way higher market cap have a working product yet. This project looks quite promising and if they deliver within the dates in their roadmap i think this project will explode.

randythered

full member

Activity: 434

Merit: 103

Quote from: Chrizz on January 09, 2018, 12:14:32 PM

Hey Guys,

I found an amazing looking coin, UTRUST (UTK), that i wanted to share with you.

Their goal is to establish a de-facto payment platform in the cryptocurrency world and becoming a leading Fintech startup in digital payments.

It is currently traded on KuCoin only, but there will be other exchanges soon (OKEx already confirmed, coming in the near future). It has a circulating supply of 173,256,993 UTK (total supply 500.000.000 UTK) and current prince is around 1,02 $. Thats a 34,50% rise today and a rise of 85% in the last 7 days, but thats just the beginning.

In my opinion this coin can get easily to 5$, based on the quality of the project and the big community. But as always DYOR before putting your money in it.

I'm not getting paid or profit in any way with this post. Just wanted to give something back to the community, that helped me alot. (Of course i hold some UTRUST myself, but i'm not posting this to get the price to higher levels, but to bring this amazing project to your attention.)

Here are some links for your research:

Whitepaper: https://utrust.io/whitepaper

Twitter: https://twitter.com/utrust_official?lang=de

Website: https://utrust.io

CMC Page: https://coinmarketcap.com/currencies/utrust/#markets

Utrust can be huge, they aim to compete with paypal and if they get even remotely close they will be a top 10 coin. The returns have already been huge for ICO participants but I feel this is still the beginning. This is easily a $10 coin and long term can reach $100.

pedrog

legendary

Activity: 2786

Merit: 1031

They got more than $20 million from investors, current market cap is $200 million, that's a lot for a pretty much useless ethereum token from a company without a functioning product.

Does this really fit the 'hidden gem' project?

Perhaps 'overhyped vaporware startup' is more suitable. Cheesy

Chrizz

newbie

Activity: 42

Merit: 0

Its also getting listed on HitBTC.

Chrizz

newbie

Activity: 42

Merit: 0

Hey Guys,

I found an amazing looking coin, UTRUST (UTK), that i wanted to share with you.

Their goal is to establish a de-facto payment platform in the cryptocurrency world and becoming a leading Fintech startup in digital payments. (They try to be a better version of Paypal.)

It is currently traded on KuCoin only, but there will be other exchanges soon (OKEx already confirmed, coming in the near future). It has a circulating supply of 173,256,993 UTK (total supply 500.000.000 UTK) and current prince is around 1,02 $. Thats a 34,50% rise today and a rise of 85% in the last 7 days, but thats just the beginning.

In my opinion this coin can get easily to 5$, based on the quality of the project and the big community. But as always DYOR before putting your money in it.

I'm not getting paid or profit in any way with this post. Just wanted to give something back to the community, that helped me alot. (Of course i hold some UTRUST myself, but i'm not posting this to get the price to higher levels, but to bring this amazing project to your attention.)

Here are some links for your research:

Whitepaper: https://utrust.io/whitepaper

Twitter: https://twitter.com/utrust_official?lang=de

Website: https://utrust.io

CMC Page: https://coinmarketcap.com/currencies/utrust/#markets

Topic: UTRUST (UTK) -- Hidden Gem? - page 6. (Read 986 times)