What is the cryptocurrency Jim Rickards is about to recommend Saturday?In an email from Rickards today (jan. 19) he says he will reveal his only crypto recommendation tomorrow. I figure if I knew what it was I could beat the stampede.
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My guess is Stellar Lumens (XLM).
Yes, I think it has to be. IBM announced its move into Stellar in October 2017.
https://www.coindesk.com/ibms-stellar-move-tech-giant-use-lumen-cryptocurrency-payments-rail/
I think it is Stellar Lumens… Da
Unbelievable. I have to send in $3000 for Rickards’ newsletter to get the name. I’m pretty sure now it is XLM, as others have suggested.
I think it’s deplorable that any of these raquets are allowed to continue with their predatory practices of deceptive advertising, along with their outlandishly excessive fees. Why doesn’t the state attorney general’s office do something about them?
Call over, yet no mention of which currency he is hinting at… unless you subscribe to another product. For $2k. Mentioned partnership with IBM, which further supports the XLM hypothesis.
XLM does appear to have a relationship with IBM (just search), but ADA is another currency that is around .70.
Not sure either of these has the potential to zoom up more than 10x over time if you go to coinmarketcap and check their total units vs. price.
I would love them both to go much higher, cuz I own both, but if XLM has a 17B supply of units x current price of $.53/unit = around $9B of market cap.
If it increased to $5.00/unit, that would be around $90B of market cap. Bitcoin is currently only $216B of market cap. In conclusion, if XLM went even 10x from its current pricing, it would be move from #9 to #3 largest crypto and that would truly be Stellar! 😉