Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator, you would have expected to net 20.90% PROFIT!!!
The increase in price may also be explained by positive developments including:
April 10: Golem launches a a beta version of their DApp onto the mainnet (Brass Golem Beta 0.15.0). The Main feature of the new release is the support for the Ethereum mainnet. You can now connect Golem to the Ethereum mainnet and earn/spend real GNT for computations.
April 13: Upbit (Korean Exchange) lists Golem.
April 24: Golem launches Brass Golem Beta 0.15.1.
April 27: Binance list Golem ( GNT 0.16% ).
May 2: Bitthumb, one of Korea's largest cryptocurrency exchanges adds Golem.
May 3: India's largest exchange Zebpay with 3 million users adds Golem.
June 4: Golem gets mentioned in Techcrunch.
June 6: Golem announces release of Brass Golem Beta 0.16.0. This adds the following features:
- Different, optimized cryptographic methods for message signing and serializing
- New additional settings for choosing providers based on their performance
- GNT is converted to GNTB as soon as possible: in previous versions, GNT was automatically converted to GNTB when it was necessary, Ie. when a user was trying to add a new task. This conversion will happen earlier, right when there is enough ETH to cover the gas price.
- Bugfixes & optimizations
It is believed that a surge in is driven by the developments listed above and broader recovery in the crypto markets.
*The "Crypto Bottom" and "Crypto Peak" crypto trading indicators used in this analysis is included as part of the Crypto Trade Signals subscription (check my signature for more information)*