Last time, I said that now might be a good time to start watching the altcoin markets, and hinted that I might have a way to make some good picks. My secret weapon is a new metric that I like to call the Developer to Market Cap Ratio. Follow along as I use this new calculation and some additional data from Electric Capital to find what I think are the six best altcoin buys on the cryptocurrency market, in terms of developer activity vs. price. Although you might have seen the EC report mentioned previously in the crypto news, I dive beneath the surface and give some original insights.
Coins I review (in no particular order): Tezos (XTZ), IOTA, NEO, Cardano (ADA), Monero (XMR), Stellar (XLM), EOS.
Coins I also make notable mention of: Bitcoin (BTC), Bitcoin Cash (BCH), Dash, Ethereum Classic (ETC).
Find the report from Electric Capital here: https://www.electriccapital.com/electric-research