Newbie altcoins are gaining strength

The crypto market is regularly replenished with new projects and currencies. The list of altcoins is constantly growing and they are taking their place in the ranking. Since the beginning of the year, a large number of crowdsales have been held. Today we would like to focus on two of them: Odyssey (OCN) and Ontology (ONT).

Recently, the crypto exchange Bitfinex listed new tokens. Among them are the new Odyssey (OCN) and Ontology (ONT), which have shown good growth and have chances for the future. 

Project Odyssey is one of the most discussed projects today. The Odyssey cryptocurrency (OCN) appeared as a result of an ICO and the developers promise that a decentralized economy will be created on this platform. But promises remain promises, and so far Odyssey has concluded only one partnership agreement with the Singaporean sharing project Obike.

This project is based on the Ethereum blockchain. 

OCN after its ICO has already managed to show quite speculative growth, return to the bottom and show an increase again. As of April of this year, the Odyssey project has enough good news that may affect the growth of its rate. But be careful: we must note the abnormal trading volume of OCN in March of this year, which sometimes exceeded the capitalization of this cryptocurrency.  That is, we can say that a manipulative pump scheme is certainly present when trading this token.

The second project is Ontology.

 ONT is a token for use within the Ontology global network. It is associated with the Chinese NEO and they are funded from the same source. The project has the task of becoming a platform for the implementation of blockchain technologies in various enterprises: financial institutions and government agencies. He plans to tie all this together and greatly facilitate the work of all these institutions on distributed ledger technology. Many experts predict good prospects for the project, as it solves two problems that blockchain is experiencing at the present stage - regulation and integration. If government agencies are currently involved in regulation, then integration is facilitated by projects such as Ontology.

This project was launched by On Chain, the founders of which are NEO investors. 

After adding the ONT cryptocurrency to the Binance exchange listings, it showed steady growth. But this token should not be used as a long-term investment, since ONT can hardly be called a decentralized cryptocurrency.