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McAfee bullish on Docademic’s growth in a bearish market tendency

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McAfee Docademic
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It’s not a secret to anybody that the crypto market is going through a rough time as of the moment (last 24 hours or so have been good, though), many of the cryptocurrencies that exist are trading in red, and what’s worse, even the top tokens are suffering remarkable dips in a sector that seems to be stumbling right now. Like this, it results very notably how in recent times when a coin starts to have a bullish behavior and a good performance, it becomes worthy of attention, a fact that even when is not that common, still happens with a certain regularity in the cryptosphere.

That is precisely the case of Docademic (MTC), a cryptocurrency created with the intention of “providing free basic healthcare to the world through universalization, Integration, and Improvement of Medicine using AI and Blockchain.” The MTC token has appeared in the spotlight recently as one of the few cryptos in the market that at the moment is trading on the green, a fact that undoubtedly has become a significant milestone for the sector.

In this way, the MTC token has managed to obtain one of the strongest supports of the industry, which in this case, is the endorsement of the influential businessman, John McAfee. The CEO and founder of McAfee, used his Twitter account to forecast a remarkable performance for the MTC token, and despite the apparently exaggerated prediction, lots of people are considering the asseverations as the token has managed to grow in a massive 76 percent in just last seven days.

Current performance of Docademic (MTC)

At the moment of writing, Docademic (MTC) is the number 114 crypto on the coinmarketcap lists. The token has a market capitalization of $82,807,313, a value per token of $0.29011 (it was $0.400641, fell by more than 30% in last 24 hours), and a volume of $6,700,840 in the last 24 hours.

Surprisingly, the token has been gaining momentum just when the market is not looking so good (yes, it’s recovering a bit now). In fact, it has an advantage over top cryptos such as Bitcoin (BTC) or Ethereum (ETH) which in the last couple of days have continued their dips. Last week the MTC token was number 191 on coinmarketcap, and this has drastically changed to the current 114th position, which actually is not expected to stay the same for so long.

The endorsement of McAfee

John McAfee has been characterized as one of the most influential figures in the crypto industry. To say the truth, his crypto-related opinions on Twitter besides grating him an immense amount of money, have actually the power to influence the market, a fact that has already been proved with several predictions he has made in the past that became a reality.

But beyond being a controversial person, John McAfee, has turned into an advocator of the crypto sector. Not so long ago, he announced that he was going to postulate himself to the 2020 presidential elections, to serve as a spokesman for the crypto community. In this sense, he appears now to be setting all the details of his campaign, and as it seems, he has chosen Docademic (MTC) as the basis for his presidential healthcare proposal.

Conclusion

Docademic’s growth has been one of the most remarkable ever seen in the crypto environment, and this is something forecasted to be even bigger with the latest listings of the coin in several exchanges including HitBTC. If this were to continue, and additionally if governments decide to partner with the coin (remember it centers on healthcare) we could be speaking of the most significant growth in the market. So stay tuned!

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

Image courtesy of Pxhere.com

Altcoins

Cryptocurrency Collateralized Debt Positions Are Growing in Popularity

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collateralized debt position
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While Bitcoin (BTC) continues to hover around the magical 10,000 price level, altcoins continue to fight an uphill battle.  Simply put, hopes of a future bull run continue to diminish as Bitcoin maintains its dominance.  One school of thought is that a few altcoins will survive and flourish, but which ones are anyone’s guess.  That being said, it’s hard to go wrong picking against the top coins like Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and EOS.  These projects have managed to find a foothold in the market and have a better chance than most of staying there.  While traders wait for their positions to increase in value, one opportunity that may be worth looking at is initiating a collateralized debt position.

What is a Cryptocurrency CDP?

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The same concept applies to cryptocurrency CDPs.  Consumers are able to put up crypto tokens, such as…

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Altcoins

Hodium Presents a Compelling Opportunity for Outsized Investment Returns

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Hodium
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I’m sure all of us remember the cryptocurrency glory days of 2017 and early 2018.  It was one of the biggest bull runs in history and created incredibly wealth for quite a few early entrants.  Unfortunately, for most of us, those gains have most likely been wiped out during the altcoin apocalypse.  The truth is that traders probably thought a bit too highly of their trading abilities when the reality was that anyone could have thrown a dart at a board and ended up making money.

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Altcoins

KaratGold Proves Its Business Model By Providing Official Documents

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There has been a lot of renewed enthusiasm in the cryptocurrency market thanks mainly to Bitcoin’s strong move about 10,000.  Although Bitcoin continues to show its dominance, the altcoin market has yet to benefit from that rally.  A few of the largest altcoins remain popular but the rest of the market continues to lag behind.  In 2018, there was a lot of talk regarding a possible altcoin apocalypse where only the strong would survive.  That prediction appears to be playing out as expected.  Going forward, only the best projects that have a real world need will survive.  Crypto traders will have to spend a lot of their time doing proper research in order to find the best opportunities, just like in all financial markets.  One promising project that appears to have the makings of a future winner is KaratGold Coin.

KaratGold Background

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Karatbars International and GSB Gold Standard Banking Corporation…

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