Why you shouldn’t neglect this coin if you want riches in cryptocurrencies; Aeternity coin(AE).

Celestina Oscar
3 min readDec 3, 2020

AE value could rise by 250% by 2021 and here is why.

Among the Altcoins that are defying the odds of the bearish Alt market and gaining substantial leverage is aeternity.com (AE)

AE is a blockchain 3.0 smart contracts platform build for scale & user-friendlines. It features Bitcoin-NG consensus mechanism, Cuckoo Cycle PoW, Layer 1 integrated off-chain state channels, naming system, oracles & functional smart contracts.

But what makes AE special?

According to documents analysed including the white paper, The æternity blockchain is an open source development platform for advanced blockchain applications that can be used by millions of users. It offers native support for many commonly used blockchain features: state channels, naming system, oracles, as well as a secure, functional and highly efficient smart contract language (Sophia) and virtual machine (FATE).

Therein within their white paper is a mention of Data as a service, a clear manifestation that AE intends to tap into the new oil considering that data is the new digital oil. Data has been and will remain a crucial part in the digital age. In fact, in 2016, Data companies like Cambridge Analytica were sighted in the use of data to manipulate and sway the American vote to favour a certain candidate.

Historical Analysis.

AE is currently trading at it’s ATL(All time lowest) ever since its launch in July 2017. Aeternity price today is $0.152975 USD with a 24-hour trading volume of $13,677,465 USD. Aeternity is up 21.65% in the last 24 hours. The current CoinMarketCap ranking is #159, with a market cap of $49,921,038 USD. It has a circulating supply of 326,334,978 AE coins and the max. supply is not available.

What is interesting to note is that,

AE is listed on some of the world’s top exchangers such as Binance, Huobi Global, OKEx, CoinBene, and Sistemkoin. These top exchangers bring high liquidity, insane volumes and hence a higher propensity to grow in price.

When you Compare its ATH(All time high) of $5.86 on April 29th 2018, versus its current low price of $0.12, you and I can bet that the future and full potential of AE coin is still under utilised.

Community boldness
The AE coin has been consistent in growing their community of loyal hodlers over the 3years period. On telegram, they boast of 7,000 subscribers who religiously comment, contribute and even suggest ideas that admins eventually take into consideration.

The superhero platform is a strong one powered by Aeternity with over 10,000 members.

Then we also found out about the online forum accessed via https://forum.aeternity.com with another thousands of members. When it’s come to maintaining tabs with AE coin holders, these guys beat the odds.

Take Home

Like I mentioned on my twitter handle, Whether or not you take the decision to HODL the AE token or not remains a choice dependent on your crypto strategy.
On my twitter handle, I mentioned the coins to watch in 2021 and this AE is one of them.

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Want to read more, see my tweets here
Or read my musings on Quora.
Also, you could simply join my crypto masterclass on telegram here.

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Celestina Oscar

I'm a cryptocurrency day trader. I also help other traders avoid losses via my telegram channel https://t.me/BitcoinCryptoCenter