Aergo analysis report researched by Mark Digitalys

Mark Digitalis has released research on Project AERGO.

The work is quite deep, contains fundamental analysis, history of development, analysis of the price of tokens, prospects for the development of the Project.

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Data is current as of August 1, 2020.

You can view this research on our website:

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AERGO

Blockchain for business may not be the most popular use of Satoshi’s
invention but Aergo welcome this use case with open arms.
Their headline is:
Aergo is just not a blockchain, it’s THE Blockchain for Business.
Aergo offers an easier and more proven way to adopt blockchain and
transform any business while building on its existing IT and cloud assets.
Aergo is also easy to program.
Aergo uses an easy-to deploy hybrid architecture. Its development and
deployment frameworks allow developers of all levels to program and
build solutions with minimal effort and complexity.

Even though this is a tiny project compared to most, the ones in the
know seems bullish overall about its longterm potential and its price has
been rising steadily $0.057323 Up 28.64% in recent weeks.

Having offices in Hong Kong, South Korea and U.K., Aergo is a
deceptively professional project and as it is a Not-For-Profit organisation
you know they are not the type to pull an exit scam on their investors.
Backers include large corporations and Fund Managers, including;
Sequoia Capital China, Dekrypt Capital, Dfund, Columbus Capital and
more.
The price reached $0.50 in 2018 and although at its been at its all time
low of $0.01 for over a year, it has seen a spike up this month to $0.05.
Listed on only four exchanges most of the trading happens on KUcoin
which should be no surpise at the exchange is based out of Hong Kong
where their main office is situated.
The 6 month Trading Analysis chart shows the MACD and RSI fully into
the bull territory and possibly overbought with volume increasing to all
time high as the price mooned above the Bollinger bands, which
indicates a retrace necessary in the immediate future. Although this is
looking like a very bullish chart moving forward.

Ownership of the Aergo token is mainly the founder whales but the over
time the smaller investor populations is increasing as its network effect
builds its customer base.

It can be seen from the graph below that ownership of this coin does not
neccesarily guarantee that you will be in profit 100% of the time.

However, approximately 52% of owners are in profit or at break-even on
their investment which lends itself to a positive bias towards this
project.

Twitter sentiment has increased over the last 3 months with positive
feedback to tweets about the project.

Finally, there is a constant stream of Github activity which underlines the
progression and development of the project and indicates the
seriousness of the management in moving their vison forward.

So, if you believe that Blockchain will become an essential tool for
businesses across the globe in the near future, an investor could do
worse than take out a small stake in Aergo.