STMX (StormX) Long Term Hold
Very few coins make it into my long term portfolio, but this is one of the few I keep purely based on fundamental analysis. StormX is a cryptocurrency cash back program, which you can link to a wallet, and earn cryptocurrency rewards through their Google plugin or phone app by shopping online. With COVID-19, most shopping is moving to online, which lends this coin an edge. You can earn substantial crypto rewards by shopping at large companies such as eBay, AliExpress, Walmart, Microsoft, Staples, Nord VPN and various others.
In addition to rewards from shopping, the token is currently stake-able at 17.5% annually. This is a very high profit rate compared to other cryptocurrencies.
I see this token as a crucial gateway to mainstream adoption of cryptocurrency and it's validity as a financial technology.
In regards to mid term market movement, this coin increased 600% in January/February and continues to hold in a fairly steady rage. It is building support in a high volume range and consolidating nicely before what I believe will be a move upwards.
In addition to rewards from shopping, the token is currently stake-able at 17.5% annually. This is a very high profit rate compared to other cryptocurrencies.
I see this token as a crucial gateway to mainstream adoption of cryptocurrency and it's validity as a financial technology.
In regards to mid term market movement, this coin increased 600% in January/February and continues to hold in a fairly steady rage. It is building support in a high volume range and consolidating nicely before what I believe will be a move upwards.
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