In my June 28th post "Ants in the Pants - Jumping the gun with my NEOs coin purchase" I touched on why I like Antshares (ANT). As a quick review here, Antshares can be looked at as a Chinese version of Ethereum (ETH). Antshares has the addtional benefit of paying dividends in the form of Antcoins (ANC).
At the time, ANT was trading at about 0.0018 BTC, or about $7.50 per share. As of today, ANT is trading at 0.0042, or about $13.50 per share. That's an 80% increase in about 20 months, nothing to shake a stick at. But, I see ANT potentially trading at close to the ETH price, which right now is $250 per coin. ETH has been trading as high as $400 per coin in mid June.
If ANT were to approach those prices, that's at least a 20-fold increase over it's current price. Needless to say, ANT remains one of my favorite ALT coins in terms of "Home Run" potential.
Note: ANT doesn't trade on Poloniex but it does trade on Bittrex. Also check out my earlier blog entry because it talks about ANT's pending name change.
At the time, ANT was trading at about 0.0018 BTC, or about $7.50 per share. As of today, ANT is trading at 0.0042, or about $13.50 per share. That's an 80% increase in about 20 months, nothing to shake a stick at. But, I see ANT potentially trading at close to the ETH price, which right now is $250 per coin. ETH has been trading as high as $400 per coin in mid June.
If ANT were to approach those prices, that's at least a 20-fold increase over it's current price. Needless to say, ANT remains one of my favorite ALT coins in terms of "Home Run" potential.
Note: ANT doesn't trade on Poloniex but it does trade on Bittrex. Also check out my earlier blog entry because it talks about ANT's pending name change.
NEO, or AntShares as most people still know it as, is an open-source blockchain platform fully developed.The company has its own currency, which is found on most exchanges as ANS -the switch to NEO will happen later this year- and seems to be doing well. This upcoming rebrand from Antshares to NEO is part of a bigger move to put blockchain technology in spotlight.
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