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Expanse (EXP)

Market Cap

$1,980,892 USD

Volume (24h)

$22,897 USD

3.9
SAFETY

Ranking factors:

  • Markets

    How many exchanges are there to trade this coin?

    Expanse Markets Rank: 4/100

  • Volume Ratio

    How actively is this asset being traded on the market?

    Expanse Volume Ratio Rank: 1/100

  • Market Cap

    The total cost of all coins available.

    Expanse Market Cap Rank: 77/100

  • 24h Change

    Is the price moving up or down?

    Expanse 24h Change Rank: 49/100

  • Social Following

    How many users are following this coin?

    Expanse Social Following Rank: 86/100

  • Google Trends

    How many users are searching for the coin?

    Expanse Google Trends Rank: 20/100

  • Twitter Citation

    How many users are talking about this coin in Twitter?

    Expanse Twitter Citation Rank: 50/100

  • User Voting

    How popular is this coin among Cointobuy community?

    Expanse User Voting Rank: 87/100

Expanse investment analysis

This coin project was a fork of Ethereum. The developers of this project split from the original chain in an effort to manage the project the way that they chose. Unfortunately, this leaves EXP as a less desirable version of Ethereum. While they have instituted some interesting features, such as allowing the project to earn a small portion of income from any DAO smart contracts that are processed.

This essentially allows them to be self-funded, without the need for any additional money to further development and marketing. The innovation seems to end here, however, and if you make an Expanse investment you should know that they don't have very much going for them other than being a clone of another coin.

They do however offer investors some rewards for holding, and there is a "grant" available for developers interested in creating applications on their chain. Unfortunately, it's unlikely that software developers would want to launch their app on Expanse when they could do it on the much more popular Ethereum chain and reap the benefits of their many advancements that are about to happen.

How to buy?
current price
$0.188741
Potential Profit

The tool analyzes each currency for the 6-month historical price data, searches for possible patterns and showing possible profit rate in the coming months.

+255.5%
Potential Price

The tool analyzes each currency for the 6-month historical price data, searches for possible patterns and showing the possible price in the coming months.

$0.670886
Rankings

The current coin position in cryptocurrency rankings by Safety Rank and Potential Profit.

154/2282
by Safety
395/2282
by Profit
historical data

How to buy Expanse?

Investors can buy Expanse on only a small number of exchanges, but they do have some very good listings to their credit. The trading volume is pretty good, but there is unfortunately only one trading pair available. Investors will have no choice but to use Bitcoin if they want to make a swap. The liquidity is however pretty evenly distributed between their exchange partners, and this makes it easy to purchase your coins on the platform of your choosing.

In order to store your investment safely, you'll need to download the official wallet application from the project's website. The developers have made available installation packaged for Windows, Mac and Linux operating systems. After downloading and installing the appropriate wallet, make sure to make a backup of your wallet file in a safe place. This will be required if you ever need to restore your wallet on another machine.

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Is it safe to invest in EXP now?

The Expanse analysis tells us that this coin does still have a good few followers, but their trading volume has been battered and bruised. Without much else to offer investors, it seems that it would be hard for them to bounce back, and they'll need to make some serious efforts to beat out big brother Ethereum, which is one of the world's most popular cryptocurrencies.

This is a tough job for any project, even if they have really great features to offer. Unfortunately, EXP has yet to establish anything unique about their chain, and that hurts them.

If you invest in EXP, then you should be sure to research the project thoroughly before doing so. Some have been quite critical of this offering, claiming that the founder participated in an unfair pre-mine that left him with a huge number of coins at his disposal.

This should be troubling to investors because it gives a single person the ability to greatly manipulate the price of a particular asset. Some also accuse this currency of simply riding the coat tails of Ethereum's success without much else to offer, and this could be a correct assumption.

In closing, at its core, this is a DApp platform, and EXP lags behind their competitors in several areas. Not only from the likes of Ethereum, but also the large number of other blockchain initiatives crowding into this space such as EOS, who has a uniquely scalable and fast platform.

Investors should ask themselves if EXP can realistically compete with these other chains, and if the answer is no, they may want to reconsider their investment.

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