{"id":118210,"date":"2021-03-23T20:26:26","date_gmt":"2021-03-23T20:26:26","guid":{"rendered":"https:\/\/precoinnews.com\/?p=118210"},"modified":"2021-03-23T20:26:26","modified_gmt":"2021-03-23T20:26:26","slug":"crypto-analyst-tyler-swope-expects-this-energy-focused-coin-will-be-in-top-10-soon","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/altcoins\/crypto-analyst-tyler-swope-expects-this-energy-focused-coin-will-be-in-top-10-soon\/","title":{"rendered":"Crypto Analyst Tyler Swope Expects This Energy-Focused Coin Will Be in Top 10 Soon"},"content":{"rendered":"<p>Recently, crypto analyst and influencer\u00a0Tyler Swope\u00a0took a closer at an \u201cundervalued\u201d altcoin that he believes will be a top 10 coin (by market cap) soon.<\/p>\n<p>In a YouTube\u00a0video released last Tuesday (March 16), the host of the \u201cChico Crypto\u201d YouTube channel, explained why he is so bullish on Energy Web Chain, which claims to be \u201cthe world\u2019s first open-source, enterprise blockchain platform tailored to the energy sector.\u201d<\/p>\n<p>Energy Web Chain was launched in 2019 by Energy Web (EW), which is \u201ca global nonprofit organization accelerating a low-carbon, customer-centric electricity system by unleashing the potential of open-source, decentralized technologies.\u201d EW is focused on \u201cbuilding core infrastructure and shared technology, speeding adoption of commercial solutions, and fostering a community of practice.\u201d<\/p>\n<p>Here is how EW introduces EW Chain:<\/p>\n<p>\u201c<em>The EW Chain is a public blockchain network open to all utilities, users, and devices.\u00a0With a virtual machine identical to public Ethereum, developers can begin writing smart contracts and dApps with little to no additional learning curve.\u00a0The enterprise-grade EW Chain boasts high scalability, low transaction costs, and lean energy consumption, thanks to its permissioned Proof-of-Authority consensus.<\/em>\u201c<\/p>\n<p>The Energy Web Token (EWT) is the native utility token of EW Chain. EW says that EWT \u201cprotects the network against misbehavior, compensates validators via transaction fees and block validation awards, and can be used to pay for middleware services that streamline and enhance dApps.\u201d<\/p>\n<p>Back on February 14, when EWT was trading around $13, crypto analyst Austin Arnold, the host of the \u201cAltcoin Daily\u201d YouTube channel, released a video in which he named five cryptoassets with the potential to increase 50x in value, and one of those was EWT.<\/p>\n<p>The Altcoin Daily host said companies would find value in EW Chain as a way to \u201cdecarbonize\u201d international supply chains, and mentioned that one of those companies is German manufacturer ASA Automation. <\/p>\n<p>He then added:<\/p>\n<p>\u201c<em>Who is ASA Automation? \u2018ASA Automation is a leading global automation and robotics manufacturer that supplies equipment and solutions multi-national companies including Walmart, Nestle, Volkswagen, and Pfizer.<\/em>\u201d<\/p>\n<p>Currently (as of 19:48 UTC on March 23), EWT is trading around $16.43, has a market of $543.85 million, and is the 119th most valuable cryptoasset by market cap. In the year-to-date period, EWT is up 182.54% vs USD.<\/p>\n<p><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/cryptoglobe.s3.eu-west-2.amazonaws.com\/2021\/03\/day_CryptoCompare_Index_EWT_USD_141_11616529377741.png\"><\/p>\n<p>https:\/\/youtube.com\/watch?v=99sRixFJyRY%3Ffeature%3Doembed<\/p>\n<p><em>Featured\u00a0Image\u00a0by\u00a0\u201cFree=Photos\u201d\u00a0via\u00a0Pixabay.com<\/em><\/p>\n<p><em>The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.<\/em><\/p>\n<p>Source: <a href=\"https:\/\/www.cryptoglobe.com\/latest\/2021\/03\/crypto-analyst-tyler-swope-expects-this-energy-focused-coin-will-be-in-top-10-soon\/\" target=\"_blank\" rel=\"noopener\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Recently, crypto analyst and influencer\u00a0Tyler Swope\u00a0took a<\/p>\n","protected":false},"author":3,"featured_media":118209,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[49],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - 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