Yeah I agree that HotShot is a bargain right now at the current price. I actually paid a lot more then what its currently trading at but I'm okay with that as the stakes have been coming in daily at a nice consistent rate. And also the dev have released their HotDex which shows that they mean business and want HotShot to succeed. More developments are coming in the near future like a forum where everyone can get together and talk everything crypto and also have some input on which coins they would like to see listed on HotDex plus a lot more. I'm very bullish on HotShot as it should do well in the long term.
x42 does have some presence on Twitter as I have seen a couple big accounts tweeting about it but I do agree that it needs more marketing and people need to know more on what x42 offers the crypto world. All PoS coins are at bargain prices right now so take your pick, just make sure to look for coins that have a solid foundation and active dev team/community as they are the ones that should do well in the long term.
Yes. Every PoS coin is at a discount these days, giving us the huge opportunity to profit massively in the next bull market. HotDEX is very promising and could become a fierce rival of other popular DEXs such as CryptoBridge and Bitshares/OpenLedger. It's nice to see an active development team working on the cryptocurrency, as it shows that it'll have a bright future ahead of it.
As for x42, it could do well in the market if it attracts more people into it. Any crypto needs marketing/promotion (aside from active development) to be able to survive in this competitive space. As you've said before, we should look for coins with a solid foundation and active development team/community to obtain great results in our investment over the long term. There has been a few PoS coins which were abandoned by their devs, leaving many people bagholding useless cryptocurrencies.
I myself, have been staking Paycoin (XPY) for a long time, even if it has been abandoned completely by their devs and community. There doesn’t exist an official site, forum, or even social media account related to the cryptocurrency. However, there's still some exchanges trading it, showing a small activity of trading each day. As such, it's not bad to stake a crypto if it's at least traded on a crypto exchange.
I heard that there is a more modern technology called SPoS. Just read about the Sunny King project called VSYS.
Cool. It's nice to know that there's a new innovative PoS algorithm for other cryptocurrencies to use. Sunny King being the inventor of PoS with Peercoin, seems to be quite active in this space lately. I believe that the Peercoin cryptocurrency will last for a long time, due to its supportive founder and dedicated development team. These new approaches to PoS will make staking much secure and efficient than ever.
Nonetheless, I'll be closely watching Sunny King's latest developments and Peercoin's progress over crypto land. Thanks for the update, mate!
best proof of stake coin is STAKENET, without doubt !
xsn
Right on! StakeNet is by far one of the best PoS cryptocurrencies in existence today. It's feature-rich with an innovative PoS algorithm (known as TPoS) which allows you to stake your coins without leaving your wallet open 24/7. Also, it'll be implementing masternodes and cross-chain atomic swaps which is quite innovative, IMO. The cryptocurrency seems to be quite undervalued these days, but it has potential for growth if many people notice its prospects.
Nonetheless, any PoS coin which is active in development and innovation is a winner in my book.