Triaconta Penny Stock

Welcome to the Triaconta Penny Stock Strategy. Triaconta is a play on the ancient Greek word “τριακοντα” which means thirty. A Top 30 was the first product Triaconta launched in 2017 with the 30 most popular cryptocurrencies. In January 2019, we added the Penny Stock for clients with an even more adventurous investment profile. As of May 2024, we have upgraded to a Strategy here on ICONOMI. May your journey with us be filled with joy and success.

PennyStock is nr. 14 in Monthly gains of all available Strategies on ICONOMI! Now is definitely the time for the smaller marketcap coins to shine. Stellar profits the most from the regulatory clarity for the XRP token. Meme coin rockets Doge, Pepe, Shiba Inu and Bonk have launched and appear to be heading for the Moon. And the big wave of interest in the Gala ecosystem of Games, Movies and Music has really only just begun.

Last rebalancing we tried Nervos Network (0%) but this did not work out and volume dropped again. On a positive note we also say goodbye to The Graph (+170%) which at €0.30 per coin is getting a bit too expensive for this Strategy ;-)We will add Reserve Rights on volume gain. The coin pumped on December 3rd and retraced the March 2022 top. Then it dropped back down 50% at which point we like to buy to see if there is more to it. 

We will add Vechain on massive volume gains and believe this project has a very good chance it will reach and pass previous all-time highs next year. 

It is time again for the bi-montly revision of the PennyStock Strategy. In the past two months we did very well and all coins went up with the market. We will add one small market cap coin with lots of interest and that is Nervos Network. We will say goodbye to Chiliz where trading volume has dropped significantly.

Nervos Network (CKB) is a modular blockchain network built around a secure and adaptable Layer 1, known as the Common Knowledge Base (CKB). Utilizing a Proof-of-Work (PoW) consensus mechanism, CKB supports a variety of cryptographic operations and is designed for seamless interoperability with other blockchains, sidechains, and Layer 2 networks. This interoperability is enhanced by protocol-level account abstraction, allowing developers to create decentralized applications with greater flexibility.

Launched in 2018, Nervos aimed to address scalability issues found in existing Layer 1 networks, particularly those affecting smart contract platforms. The Nervos mainnet went live in November 2019, featuring a unique two-layer architecture: a secure base layer (Layer-1) and a high-performance application layer (Layer-2). The project's development includes a suite of protocols designed to provide the scalability and environment needed for decentralized applications (dApps).

It is time again for the bi-montly revision of the PennyStock Strategy. In the past two months Tron ($TRX) did exceptionally well altough it did not escape the recent crypto market correction. TRX holders show amazing resilience during down-turns and most holders like the PennyStock Strategy maintain a strong confidence in the assets's future prospects. 

Stellar ($XLM) makes a strong comeback and we can buy it back with a 10% discount compared to the last revision when we sold the asset. We remove Hedera which shows dissappointing volume and price development.

Revision: The Bonk ($BONK) is totally hip and happening. It's life started with an airdrop on Christmas day 2022 on the fast growing Solana blockchain and it is often dubbed the community coin of Solana. It has its own decentralized exchange called BonkSwap.

We return to JasmyCoin ($JASMY). This coin has already had some spectacular rises and with sustained high volume it looks to be on a path to Top 30. This means we say goodbye to Stellar and Vechain who no longer have the volume and the social media attention that is needed. Balancing: We take a lot of profit on Pepe and put this to good use in the other coins. Never a good idea to bet on one horse. We keep enough Pepe for possible future rises.