BEAM, a Polkadot Ecosystem Coin that will be well used going forward, has hit a low for a 2nd time, and I believe will not retrace down a 3rd. If it does, we will have a lot of consolidation and a triple bottom, and we should shoot up faster.
This coin will become more popular in the coming months, as Polkadot starts to announce its Parachain Auctions, calling attention to what exactly each coin does.
Moonbeam is behind a lot of what Polkadot hopes to accomplish with its multichain features. Beam is one of those features. The popular Polkastarter was just deployed with BEAM.
Buy before this date: Q2 2021 - Launch on Polkadot MainNet
***Side note on a coin deployed to same network as BEAM*** KUSAMA is required (buy it) to be selected for Parachain Auctions. The projects must first deploy their coin to the Kusama Network to test and get the bugs out, which is a requirement from Polkadot. This Kusama will be undervalued until the public finally understands what exactly it does.***
This coin will become more popular in the coming months, as Polkadot starts to announce its Parachain Auctions, calling attention to what exactly each coin does.
Moonbeam is behind a lot of what Polkadot hopes to accomplish with its multichain features. Beam is one of those features. The popular Polkastarter was just deployed with BEAM.
Buy before this date: Q2 2021 - Launch on Polkadot MainNet
***Side note on a coin deployed to same network as BEAM*** KUSAMA is required (buy it) to be selected for Parachain Auctions. The projects must first deploy their coin to the Kusama Network to test and get the bugs out, which is a requirement from Polkadot. This Kusama will be undervalued until the public finally understands what exactly it does.***