SUMOKOIN - Why? and Why now?

This is going to be a longer post. There won't be any tldr upfront. So go for it. Read the whole thing. I tried my best to put as much information into this as possible.

Why is SUMOKOIN a REAL CRYPTOMOONSHOT?

Read the whole post please. You will know, after you did. IMHO, SUMO is an old project, that went though tons of FUD and all the bearish downs we had the last years. They NEVER stopped though! The devs and the team behind this project just go on and on and on. They push out new releases regularly. This dedication will get rewarded eventually. SUMO made it to 11$ while only being traded on Cryptopia and Tradeogre. Now many new markets followed, even some bigger ones such as Indodax, Coinex and Hotbit. With cool stuff on the roadmap and traded incredibly cheap (around 120sat!!!) right now, this is sure a shot I'd take anytime. Get a small bag, send them to a cold wallet and store your seedwords as safe as you can. There is literally nothing more to do. Drop by at the telegram chat and have some nice talks, enjoy the ride. The mission here is clear: Make new ATH and grow the community! Raise the awareness on privacy and spread the work about blockchain!

What is SUMOKOIN

SUMKOIN is a blockchain dinosaur. It started in early 2017, as a Monero-Fork. It is (of course) privacy-focused. There is a small but active (anon) dev-team behind SUMO (see SUMO's Github) and a good group of supportive admins on the usual social media channels such as Twitter, Telegram and Reddit. Considering SUMO's technology, it was everything XMR has to offer (Bulletproofs, Dandelion, CSLAG-Support) and is using a mandatory minimum ringize of 49. There are nice wallets for both PC and Mac, a decent Webwallet and a really nice Android-App, too. All downloads / infos / links / roadmaps are on the official website, so if you want to check it ==> click! SUMO can be mined of course. It's current algo is CNR, check the explorer for information about HR etc.

Price-Talk

SUMO was VERY strong at the late 2017 / early 2018 bullrun. It had it's ATH at around 11$. For now, it is terribly undervalued at around 0,07$ or around 120sat. Yes, right. 120 f*cking sat. Which is a shame, for such an old project, that never stopped making new releases. The devs work part time on SUMO. They all got "real" jobs. That's the reason the project never stopped, unlike other comparable projects. Check for charts / markets here: Livecoinwatch You will see the big bullrun we had in late 2017 / early 2018, and some bigger pumps that followed. For now, SUMO has hit bottom. I highly doubt there will be a chance to get it cheaper :)

Mining

While not being the most profitable coin to mine at the moment, SUMO can be minded and for miners who plan to HOLD, it might me an intersting alternative to buying. SUMO is a POW based project (CNR). The network has about 2.5 to 3MH (at the time this was written). So there are good chances to get some coins. SUMOs blocktime is 4min, the reward is about 85 SUMO per block (soon it will peak at around 97 SUMO per block). More information: bitcointalk

Funding

SUMO has a (premined) dev fund. The fund itself is used to secure and pay for the infrastructure such as servers etc. So biggest part of the coins is stored in locked wallets (which get unlocked on specific block-heights). So far, most funds got relocked since they have not been used. Further information about this can be found here.