Crypto Expert Identifies This Token as a Hidden Gem After Extensive Research

A prominent figure in the crypto community has identified the Stronghold token SHX as a worthy investment following in-depth research.

In a recent tweet, Versan Aljarrah, founder of BlackSwanCapitalist.io, disclosed his new discovery in the crypto scene amid the unfolding bull season. Aljarrah noted that he conducted an extensive analysis and investigation and found out that SHX is a hidden gem with immense potential for growth and value.

After extensive #analysis and investigation, we've discovered a hidden gem in the #crypto space called $SHX

This groundbreaking #technology was designed by the masterminds behind #RippleNet and the #Stellar Protocol

Backed by documented support from #IMF & #WorldBank pic.twitter.com/RZmyOIf59h

— Black Swan Capitalist (@VersanAljarrah) January 3, 2024

What Set’s SHX Apart

Part of Aljarrah’s assessment of SHX’s growth potential was the project team’s affiliation with established names in the crypto industry. Specifically, the Black Swan Capitalist founder highlighted that the masterminds behind RippleNet and the Stellar Protocol – the XLM token team –  are the brains behind the design of SHX.

Notably, Tammy Camp, the CEO of Stronghold, played a significant role in Stellar’s early days by serving as the Head of Growth. Her noteworthy achievements in this position include Stellar’s acquisition of four million users within four months of its launch.

Similarly, Sean Bennett, co-founder of Stronghold, contributed to both Stellar and Ripple in pivotal roles. Reportedly, Bennett developed stablecoin technology for both Ripple and Stellar to streamline remittance processes.

Meanwhile, the Black Swan Capitalist founder stated that Stronghold’s SHX project is backed by “documented support” from the International Monetary Fund (IMF) and the World Bank. 

Ultimately, Aljarrah’s endorsement suggests that the creators of SHX bring a wealth of experience and expertise to the table, underlining the coin’s potential for success.

Stronghold’s SHX

According to CoinMarketCap data, SHX is up 27.68% in the last 24 hours, 159.21% over the past seven days, and 793.53% since December 4. On a year’s scale, SHX is up by over 1,124.73%.

These significant growth rates have priced the asset at $0.005905 at the time of reporting.

In February 2022, the financial infrastructure firm unveiled a $100 million fund under Stronghold Capital. Per the report, the decision to establish an investment division came on the heels of the rising success of Stronghold’s SHX token.

Meanwhile, some crypto market participants have urged caution with SHX, citing Stronghold’s affiliation with FTX, an ill-fated crypto business.

The team has clarified that Stronghold Capital was unaffected by FTX’s bankruptcy. While consenting that it invested in FTX’s trading firm Alameda Research, Stronghold stated it had reinvested principal and gains elsewhere following the maturation of the initial investment.