lrc & bat

Why You Should Hodl Your LRC and BAT Tokens

By Krypto Fan | The Crypto Revolution | 31 May 2020


At the current speed of adoption for both BAT and LRC
tokens, I think it has reached a point where we can all
agree that these assets are now tremendously undervalued.
The Brave Browser which has been using BAT tokens for
some time now has over 13 million monthly active users 
and 4.3 million daily active users as of April 6, 2020. They 
have also reached a whopping 50 million Android downloads.
These adoption numbers have not yet been reflected in
the current price of BAT but I believe they will very soon.

044505ae0a17c7663980bf35984253c1deec992e20195a6679036ba24bcb0159.jpeg

As you can see on the graph above, the price of BAT almost
went to one dollar back in January of 2018 and in my opinion,
it is only a matter of time now before it visits those territories
again and even sets new record highs. If the Brave browser
manages to continue or increase their current pace of adoption,
the price of BAT will also increase exponentially, which would
make selling them at these current prices comparable to Laszlo
buying that pizza for 10,000 BTC. It would be proper waste.
hence I'm not selling any of my BAT tokens under $1 ever.

c2d7f687f8fef28cf09d2a1eedf0a290d3b9d6b35d06b5c243081be815eab376.jpeg

Starting with an ICO price of around 6 cents and spiking to nearly
2 dollars just a few months later, LRC has proven to be another
token that has great investment potential. For the past couple
of weeks, I've been watching the price fluctuate between the 4
and 5 cent range. But I believe that these fluctuations are nothing
compared to the multi-dollar levels that it will soon revisit once
BTC enters its bull cycle and breaks its previous all-time high.
For this reason, I'm not planning on selling any of my LRC below
one dollar, because I strongly believe that in the next big market
move upwards it will break two dollars easily.

 

How do you rate this article?

14


Krypto Fan
Krypto Fan

I'm a multitasker who is passionate about a lot of things including spirituality, art, photography, writing, entrepreneurship, and cryptocurrency.


The Crypto Revolution
The Crypto Revolution

There is a newly emerging economy that will one day replace the current fiat-based system. This blog will explore all aspects of this ongoing shift and how we can prepare for it.

Publish0x

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.