Selfkey (KEY)

Market Cap

$6,253,918 USD

Volume (24h)

$3,169,944 USD

3.8

SAFETY

Ranking factors:

Markets

How many exchanges are there to trade this coin?

Selfkey Markets Rank: 6/100
Volume Ratio

How actively is this asset being traded on the market?

Selfkey Volume Ratio Rank: 51/100
Market Cap

The total cost of all coins available.

Selfkey Market Cap Rank: 87/100
24h Change

Is the price moving up or down?

Selfkey 24h Change Rank: 50/100
Social Following

How many users are following this coin?

Selfkey Social Following Rank: 88/100
Google Trends

How many users are searching for the coin?

Selfkey Google Trends Rank: 1/100
Twitter Citation

How many users are talking about this coin in Twitter?

Selfkey Twitter Citation Rank: 7/100
User Voting

How popular is this coin among Cointobuy community?

Selfkey User Voting Rank: 88/100

Selfkey investment analysis

Digital identity is the most prized asset on the internet. This is a platform that does business in the KYC and identity verification and management processes. The main objective of this project is seeking to protect the identity of its clients and also provide reliable and credible data source claim of members of its ecosystem.

The Selfkey investment project looks like one of the projects that would be around for a long time. This is because, among other things, internet businesses are emerging at a new exponent. Expanding opportunities to accommodate the revolutionary trends of information technology and rapidly changing computation processes are becoming a norm.

The problem being addressed by this project in this rapidly changing digital ecosystem is the need to protect, secure and properly manage one’s private data and identity information. The internet has indeed become an ecosystem of itself, and a growing one at that; this makes it hard for paper-based identity management corporations to seamlessly transcend into the new ecosystem.

How to buy?

$0.002083

+19.1%

$0.00248

223/2305

by Safety

1946/2305

by Profit

How to buy Selfkey?

The asset is trading on some of the most popular exchanges and this says so much about the asset. Hence, locating this asset on any of the listing exchanges should not be a difficult task. About 6 exchanges have listed the coin as at the time of writing. Trading is paired with the BTC, ETH, and USDT. BTC has remarkable 24-hour trading volumes on one of the exchanges, followed by ETH and USDT – in that order.

To buy Selfkey, you will need to go through a two-step buying process, such that you will exchange your fiat for BTC or any of the other two alt coins first before you can buy KEY coin – the token for the platform. As for storage, the platform has developed a beta version of its own desktop wallet, which can store both the platform’s coin and Ethereum based tokenized assets. This wallet also has more features that are expected to groom a Selfkey-aware ecosystem.

Buy now

SALT

NEXO

CEL

ETH

ELA

ETC

BNB

ETH

ADA

ONT

VTHO

LSK

LINK

RDD

MANA

XRP

LINK

ADA

TRX

MONA

NEO

PPT

SALT

ONT

XRP

VEN

Looking back from where they started, we can clearly observe some success and laudable achievements so far. Starting from being a Know Your Customer facilitator and developing a proof of concept that has been tested by Standard Chartered Bank and has made waves in many decentralized projects.

With a remarkable token sale concluding in about 11 minutes, raising a total of $21.7 million USD. This project indeed is one to be reckoned with. Not just because of how soon they concluded the sales, rather, the objectives of the platform and the numerous potentials it accords with the emerging economy.

A crude Selfkey analysis puts it on par with many of the real-world identity management systems. Only this time around, the scope is broadened and can apply to both decentralized and traditional systems.

Recently, a price surge occurred with some major milestone achievements on the platform. this included the listing on one of the most popular exchanges and with the release of their Identity Wallet which is self-acclaimed by the project to be the first all-in-one desktop solution to storing and managing digital identities.

This rise in price happened when the market value of cryptocurrencies was very murky and it did experience a huge growth in a bearish market. In a 7-day period of turbulent bearish trends, the asset had actually made moved up ~ 219% when most top 100 coins had been in the red areas of the downtrend. So far, it has experienced a trading profit potential of 1,566% between its all-time high and its all-time low.

This milestone achievement had a positive effect on the coin. Most coins in a bear market do not necessarily change even with favorable news from the project’s development. However, this speculative insight suggests that the asset may also gain favorable adoption and positive price movement in the future as it continues to reach for high goals and objectives.

If you were to invest in KEY now, as it's currently trading between at a price not far from the listing price, wavering between a -0.1% and a +3% margin over a week now, should provide a good opportunity to get a higher ROI once it attains a new all-time high. However, this is speculation alone and should not be considered as investment or financial advice. Crypto markets can change immensely even with the slightest pressure from influential factors.

In a nutshell, Selfkey is a product with many profitable potentials as a concept and can create a niche for itself in the emerging economy.

Leave your comment

Comments (0)

In order to leave a comment
please enter the website

Login

Sign Up

Reset Password

Remind Username