Ever since Bitcoin hit the $10,000 mark back in November 2017, a whole new cryptocurrency madness occurred all around the world. It's beginning to shape up like the gold rush from back in the days. 2 completely different concepts but when reduced to their basis, they actually represent a similar system. And now with the rise of Unikoin Gold, many younger people are feeling the gold rush as well…
But it's too late for Bitcoin investing right now… or at least that's what the experts suggest. However, in the sea of cryptocurrencies, there must be several new wonders that could shape up to be huge. Well, today, we are going to talk about one of them. Well, even though the expectations are not Bitcoin-high, the reason we picked Unikoin Gold becuase it's the fastest growing (and most popular) eSports-related cryptocurrency out there. So, what's it all about and how can you invest in it? Let's find out, shall we?!
For more information on Unikoin Gold please read our initial UKG news article!
The rise of Unikoin Gold…
So when did Unikoin Gold really start to rise? Well, it actually happened just a few days after they've announced their token will be featured on Bittrex. For those of you who don't know what Bittrex is – it's one of the leading crypto trading platforms created by security professionals. Soon after that, Unikoin Gold started skyrocketing and quickly went from $0.30 all the way to $0.75. Then there was a bit of stagnation and occasional rises and falls. But, just 2 days ago Unikoin Gold reached its peak with $1 on its value chart.
That's not where things end, though… As of now, Unikoin Gold sits firmly close to $2 and has been that way for the majority of the night. A small drop is expected but we really doubt it will go beneath $1.5.
Are there other similar currencies?
Believe it or not, Unikoin Gold is not the only eSports-related cryptocurrency out there. However, for the average eSports fan, I doubt cryptocurrencies are much of an interest. Of course, the exceptions are surely those who use bitcoin eSports betting at Nitrogen as their daily activity. Another notable eSports-related cryptocurrency is SkinCoin which could actually make quite the name for itself out there on the esports betting market. But that's only if illegal skin-trading continues flourishing which is unlikely to happen considering all the recent fuss.
Is this the right time to invest in Unikoin Gold?
This is the million dollar question, guys… It truly is! I cannot be the judge of whether you should invest in Unikoin Gold now or wait till it drops a bit. The matter is quite peculiar and is prone to drastically changing on an hourly basis. With that being said, no one can really know if now is the right time to invest in Unikoin Gold.
I can only speak from personal experience and that goes something like this – I would not invest in it now if I were you! $2 for a single UKG seems a bit too much right off the bat. Instead, I would wait for it to drop at least to cca $1.5 which seems like a more realistic value for this token right now. I could be wrong and the rise of Unikoin Gold could continue in the same fashion… And that's exactly why I cannot tell you anything for sure at this point in time. You should do thorough research and decide whether or not this is for you.
About the Author: Article written by Hipster Jesus, eSports enthusiast and an active member of the CS: GO community. In his free time, he likes to rush B on competitive servers and scream “CYKA BLYAT”.