Is Elastos (ELA) The Most Undervalued Altcoin of 2018?? 100x? [Cryptocurrency Deep Dive]
Welcome to this cryptocurrency deep dive, where we take a closer look at some of the most promising and undervalued altcoins of 2018. Today’s coin is Elastos (ELA).
Elastos is an open-source platform built on the blockchain. It’s goal is to create a decentralized internet where users have full control of their data. It’s designed to be a smart contracts platform and decentralized application platform, with a focus on security and scalability.
The Elastos platform is powered by two main technologies: the Elastos Runtime and the Elastos Carrier. Elastos Runtime is an operating system that provides a secure environment for applications to run, while Elastos Carrier is a distributed network that allows for secure peer-to-peer communication.
Elastos has been around for a few years and is still in development. It’s currently trading at around $15, with a market cap of $220 million. This makes it one of the most undervalued altcoins of 2018.
Given its potential, Elastos could be a great investment opportunity. If it reaches its potential, it’s possible that the coin could rise in value by 100x or more. Of course, this is all speculation and there are no guarantees.
Before investing, be sure to do your own research and make sure you understand the risks involved. Thanks for watching and be sure to check out our other deep dives for more information.