We all know the feeling of FOMO (Fear Of Missing Out). In the world, that feeling can be familiar and at times very fleeting. From the original () to the more recent boomers (TRX, XRP, XLM, etc.) , the feeling arises typically when a major outlet covers the most recent bull cycle (as such, all alts follow in its wake) and makes the decision to ‘guilt trip’ you about how you could’ve turned a $100+ investment into thousands or perhaps hundreds of thousands. Due to being proactive in not re-experiencing the dread of FOMO, I have decided to do an assiduous breakdown on my choice for the title of “biggest sleeper waiting to erupt in plain sight” in the cryptoverse: LIFElabs.
I advise those who choose to further explore low marketcap such as LIFE to DYOR (Do your own research) in order to validate your faith in backing these cryptos. Truth be told: since the switch from traditional fiat currency to the is inevitable (ala the internet replacing newspapers and physical information sources as a source of media in the 90s), you cannot go wrong in investing in the big 3 (, , ) which in my opinion is equivalent to digital gold, silver and bronze (the to silver analogy hits hard here as the utility of silver is quite known among the masses, and its smart contracts will be of major importance for the future of technology). HOWEVER, in order to take full advantage of the transition, you must explore farther into the world of crypto and find the Amazons, the Netflixes, the Yelps, Facebooks, etc. of the next disruptive technology era.
*Disclaimer: I am not paid to endorse any of my findings nor do I plan on engaging in such a deal. This is simply a consensus of my findings after a year of exploring coins/ on the CoinMarketCap and making predictions based on its relevance to the benefits of technology and its relation to the broader realm of fintec.*
LIFEtoken and its parent company LIFElabs.io stands out for several reasons:
1) becoming the first crypto to be adopted as by a country as an alternative currency and utilizing technology as a lifeline for residents to receive funds in the event of an emergency
2) it being an unknown among the crypto world despite the major developments that have propelled and will continue to propel this into being a top 100 crypto
3) The leadership of David Pugh-Jones, who happened to be the brains behind the marketing geniuses of Microsoft’s Xbox being able to instantly compete amongst the gaming giants of Sony, Nintendo, and at the time Sega.
A Sleeping Giant
LIFElabs is a crypto startup based out of the United Kingdom that manages the LIFEtoken, under the exchange ticker . With 30% of its supply being ringfenced to support philanthropic causes, the act of giving back or otherwise known as paying it forward (an important action that has waned in recent years) are organically ingrained into the LIFE ecosystem, which includes the LIFE PaaS, LIFEapp, and the LIFEcard. These products are going to be fundamentally transformative for not only the that it is based out of, but for in general. Perhaps most importantly, the recent announcement by the British Virgin Islands to partner with LIFElabs for their use of the LIFEtoken for financial security measures could set technology on a grand stage as never seen before, but with this time the purported utility being the star of the show.
The 2010 Haiti Earthquake/American Red Cross donation debacle (for a quick summary, millions of dollars of donations to the Red Cross for the purposes of aiding Haiti for disaster relief had been unaccounted for despite the promises of the organization to use the funds to rebuild leading to speculation about the transparency of such agencies) has lead to the public questioning whether or not their donations are reaching their intended target. The BVI is looking to eliminate a similar scenario in the future in the wake of a natural disaster, and with their decision to embrace the future of fintec technology by utilizing -based financial transactions along with USD, they will get unrivaled benefits as compared to fiat, being lightning fast transfer speeds, the ability to track donations at all points of its journey on an immutable public , and most importantly, removing the middle man aka banks. Residents of the British Virgin Islands, which also happens to be the 2nd largest crypto market in the world, will have the ability to download the LIFEapp (found on iOS and Android OS app stores) and set up their hierarchical deterministic cryptocurrecy , thus enabling the ability to instantly send and receive LIFE, , and other . Merchants among the islands will be able to integrate the LIFEPaaS transactional ecosystem along with traditional financial processes and have the unique opportunity in being among the first adopters to experience the benefits of a disrupting technology on a grander scale.
Despite the media hype of how game-changing technology can be to fintec to the point where its practical use can challenge and eventually replace fiat, there have been minimal real life examples of crypto actually doing so. (No worries, as it took years for Internet and the World Wide Web to reach the masses and still has quite a bit of areas around the planet that still need to be ‘connected’) LIFElabs is in the unique opportunity to be among the first companies to change that narrative regarding technology…and by doing so, an exponential price increase can be foreshadowed. The market has matured from its last bull cycle, and only those projects with a real life use case and actual demonstrated examples of such claims will survive. It is important to not get caught up into crypto mania and risk losing your hard earned cash overnight to some crypto projects that can claim to do a bazillion things when instead it was all part of a grand scheme to just be another ‘pump-and-dump’. For that reason, eagle eyed investors who are able to spot solid low marketcap projects such as LIFE will win out and enjoy the benefits in an organic way as opposed to a thrill rush, and still reach its end target: the moon.
Chart Analysis
I will break down the next few screenshots and confide in why LIFE is truly an underrated gem in the crypto world ready to shoot up to its actual value when taking in recent developments ( which in my opinion would be < $0.01 USD, way up from its present value of $0.000135 USD given the current price ) and could potentially be the next ‘unicorn’ to offer those early investors a multiplier only seen with top cryptos like XRP, XLM, TRX etc.
Before you move on to the next screenshot, try to understand a few things. One — being that people like cheap, and are intrinsically linked to it. Although crypto enthusiasts and investors that have been in the space for a while are aware that you don’t need thousands of dollars to buy some , I’ll let you in on a ‘not so secret’ secret… the masses don’t know that. For new investors, the first step and arguably the most arduous is to buy some . Most, however, will back off before even trying due to them associating crypto with a massive investment. But in recent years, the cryptos skyrocketing to the top have several things in common: That being lower price due to higher circulation, which can lead to an overall feeling of relatedness that the public can get into. It is the phenomenon that drives the fascination for penny stocks (although there are some success stories about some turning into worthwhile investments, others perform woefully). It is the same phenomenon that drove TRX to being a top crypto and will continue to drive others to do the same. In essence, the millionaire story is just that; once upon a time in March 2010, the price of a was merely $0.003 USD. The point I’m trying to make here is that when major cryptos reach a certain price, interest will shift from the masses to the institutional investor. But when the circulating supply of a such as LIFE is high enough to be ‘Simply for Everyone’, then you have just expanded your target audience to literally everyone, regardless of their knowledge of crypto fractionality.
*Remember this analysis is purely looking at numbers and trends, without even factoring in what makes this crypto so special. The things that distinguish LIFE as a hidden gem from other low marketcap coins/ with similar total supply lies in their developments and progress they have made in the last year with more to come. Again, I advise prospecting crypto investors to DYOR so that overall sentiment can be bolstered for your knowledge and your knowledge only. *
If you would have invested $1000 USD in LIFEtoken back on January 25th, you would now have $3750 dollars. I can hear the FOMO echoing in some of your heads going, “Welp, missed my window to multiply my money by nearly 4x… it already has mooned.”
Now here’s the crazy part.
(Using TRX as an example to be as conservative as possible for LIFE future price prospects due to them sharing the same origin: starting off as an ERC-20 )
(TRX) and LIFE have a couple things in common, one being the total supply at nearly 100 billion for each of their respective currencies. Now the circulating supply for TRX is at 3x of LIFE’s circulating supply, meaning if LIFEtoken were to follow that exact financial ascension as TRX during a future bull run, it would place the price at $0.06 USD.
Think about the gains to be made.
If you were to invest $100 dollars at the current price of LIFE (which would give you approximately 750,000 LIFEtokens) and HODL (hold on for dear life) until it reaches $0.05, you would theoretically have $37,500 USD, without even factoring in the future price of .
How bow dah.
The next couple of screenshots constitute of why I believe LIFE may be on the verge of waking up and to the moon.
As you can see here, began an extended bull run in the spring of 2017 that gradually climbed up until November where it rapidly shot up and peaked in January 2018, with its price fluctuations catching the public’s interest as the media decries it as “crypto mania”. The price hike was a result of the general public (8% of Americans, signifying how much room crypto has to grow still which leads to the seemingly outlandish but very possible price predictions of at over $100k) buying in at a rapid pace to avoid FOMO.
In May of 2017, due to the steady yet noted increase of , those scrounging for lowercap coins came across projects such as the likes of Sia (SC), DigiByte (DGB), and Bytecoin (BCN). XRP’s meteoric rise shortly before and during these bull runs initiated some FOMO among the crypto community, prompting those to start searching for some hidden gems to include the ones listed above. Those that invested in those cryptos at the right time and sold at the peak of those runs could have made x10 what they invested. (Of course there is no surefire way to know when to sell, which is why investing in a project with solid fundamentals and great utility is oh so important so that you can comfortably HODL).
Some final words
Due to the recent developments of LIFElabs and the hype of oncoming (projected to arrive on or about May 7th, 2019 as indicated by this stand-in countdown teaser for the global roadmap on their website), I believe that we are on a cusp of a bullrun for LIFEtoken in a fashion similar to the bull runs that blessed some alts in May of 2017, with the difference being that LIFEtoken will be the pacemaker. So for crypto newbies, here’s a message: There has never been a greater time to invest in this sleeping giant as it is on the verge of being awakened. Perhaps a x10 and eventually x100 multiplier is not far away…
More information regarding LIFElabs and its LIFEtoken can be found below.
Website:
Twitter:
Facebook:
CoinMarketCap:
Telegram:
LinkedIN:
This article is the sole creative property of Jordin Charles and in no way implies rights, partnership, employment or propriety of LIFElabs, Astering Holdings or any of its subsidiaries or affiliates. Images sourced from stock footage and/or used with permission.
Published at Sat, 04 May 2019 03:19:53 +0000
