Gold-Backed Cryptocurrency Shakes Up the Market

The mania for cryptocurrencies is over for now... but has the market really seen its best days? Alex Koyfman talks about market stabilization and how one coin will come out on top. You are receiving this email because you subscribed to Wealth Daily. [Click here]( to manage your e-mail preferences. [Wealth Daily logo] Gold-Backed Cryptocurrency Shakes Up the Market [Alex Koyfman Photo] By [Alex Koyfman]( Written Mar. 15, 2018 Dear Reader, If you were anything like most adult investors, you fought the urge to buy into cryptocurrencies until it was way, way too late to make any money. You saw the hype; you read the headlines — the thousands upon thousands of headlines. You may have not understood the technology thoroughly, but you did understand that a buying mania that drives up the price of a commodity — any commodity — by a factor of 20 or more in the span of a year cannot be sustained. You watched while the youngest, least experienced investors alive fell head-over-heels in love with an ever-expanding list of cryptocurrencies, and you waited for the moment when the whole thing would come crashing down. And eventually, that's exactly what happened. The total market capitalization of the crypto market blew up at the close of last year, getting very close to the magical $1 trillion mark in the opening weeks of 2018. Since then, the bottom has damn near fallen out, and the market crashed by more than 50%. Despite the fact that there are now more than 1,500 cryptocurrencies trading across the various e-coin exchanges, the market capitalization of all of them today is around $350 billion. Here's what a year's worth of meteoric ascent and catastrophic fall looks like: Bitcoin has more than quadrupled in value since January, making some people’s stakes worth more than 675,000 times their original investment! Lesser-known cryptocurrencies like Litecoin, Ethereum, Dash, and Ripple have all shown investors as much as 4,000% returns! And now we have a new one on our radar that could be bigger than all of them. Investment Director of Penny Stock Millionaire, Alex Koyfman, has discovered the next cryptocurrency that could deliver Bitcoin-like gains. You won’t believe what he’s found until you see it! [Click here for the exclusive report!]( Party Over? So, now that the mania has taken on a decidedly somber tone, the big question is: is it over? Is this modern tulip craze, centering on a technology few can understand and even fewer can reliably value, finally history? Don't bet on it. You see, all emerging technological crazes go through these periods. It happened with cars, it happened with TV, it happened with VCR, it happened with internet, it happened with cellular technology, and yes, it's happening now with cryptocurrencies. The pattern is always the same. First you get irrational exuberance, as the flagship entry into the field explodes in popularity. The second stage is industrial exuberance, as companies scramble to put their own offerings into the field. Then comes the wipeout, as the exuberance from the consumer can no longer match the inflated industrial exuberance, and a majority of the participants are taken out. When it happened with automobiles, hundreds of early automakers went under, leaving only a handful. When it happened with portable video media, we got the VCR/Betamax wars. When it happened with internet, we got the dot-com bubble. In the end, the result was the same: a majority of the participants died off, leaving behind companies that ultimately endured to rule the industry. Today, the same thing is happening with cryptocurrencies. All Markets Are Cyclical; Don't Get Caught on the Backswing Bitcoin, Ethereum, and Litecoin, all early dominators of the crypto market, are waning. The second generation of smaller, lesser-known "altcoins" is declining to zero. But a select few, driven by a more scientific, sober, rational approach to the problem, are slowly starting to rise. It's this particular class of cryptocurrency that I want to talk to you about today. One of the main criticisms of cryptocurrencies from traditionalist economists is that there is nothing to ground valuations. Is Bitcoin worth $100 or $20,000? Nobody knows. There is nothing to stabilize or pin the commodity to anything in the real world, so we're left guessing, and speculators are left bidding each other up or down. All that is yesterday's news, however, because today, there is a company developing a coin that is based on the oldest, most value-stable resource known to man: gold. It's almost a no-brainer when you think about it, and it's shocking that it took this long for a company to come up with this solution, but it's here now, and it just might end up redefining two industries. You see, the company developing this groundbreaking new form of money was a pure-play precious metal miner... Until somebody figured out that a resource-backed cryptocurrency might help when it came to raising capital for future project development. [50-Cent Miner to Surge 5,000% on Critical Announcement]( In the next few months, a critical announcement will reveal the biggest gold mine in America. And send the 50-cent miner that owns it surging for no less than 5,000% gains. For reasons you’ll see, its real gold windfall has been kept hidden from the public. But that’s about to change. You need to position yourself immediately. Click here for the full story.]( The Best of Both Worlds They got to work developing this resource-backed digital coin for their own use. But with universal applicability and the backing of a bulletproof commodity, it caused a stir within the industry. Once fully developed, this digital currency will be the most stable form of value storage you can find, short of physical gold itself. In fact, it will be even more stable than the dollar itself, since the dollar went off the gold standard more than 40 years ago. But for investors, that's not the best news. By far the most attractive aspect of this crypto play is that you don't need to join some questionable digital exchange in order to trade. You don't need to risk your personal information or the loss of an investment to fraudsters. Because the company developing this cryptocurrency itself trades on the public market If you have access to a broker or to an online brokerage account like Scottrade, you can own this investment, risk free, in minutes. No more mysteries, no more sketchy trading platforms, no more hardware wallets... No more heart attack-inducing daily fluctuations in price. This innovation promises to finally drag the cryptocurrency market into a state of post-mania maturity. Today, it trades for just $0.13... and I wouldn't waste any time waiting to invest. Once the new coin is launched, that price will skyrocket, as this revolutionary new take on cryptocurrency becomes industry standard. I've recently completed a detailed report on this company. Get access, while it's still available, [right here.]( Fortune favors the bold, [alex koyfman Signature] Alex Koyfman [[follow basic]@AlexKoyfman on Twitter]( Coming to us from an already impressive career as an independent trader and private investor, Alex's specialty is in the often misunderstood but highly profitable development-stage microcap sector. Focusing on young, aggressive, innovative biotech and technology firms from the U.S. and Canada, Alex has built a track record most Wall Street hedge funders would envy. Alex contributes his thoughts and insights regularly to [Wealth Daily](. 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