Infrax Systems, Inc. (OTCMKTS:IFXY) Closed Up 55.71% Today!
This Is A Cryptocurrency Penny Stock
That You Should Be Watching.
Infrax Systems, Inc. (OTCMKTS:IFXY) is another marijuana penny stock that has delved into the Cryptocurrency industry, that everyone should be taking a serious look at. Today it closed up 55.71% at $.00109 and with the price so low, relative to it's last recorded outstanding share count being below 2 billion, there is a lot of room for this one to grow from here. This company recently completed a merger with Cryptocurrency, Corp and is looking to invest in Crypto assets and provide blockchain technology and ICO (Initial Coin Offering) consulting services. IFXY has already signed on three companies looking for ICO consulting and seems poised for further growth within the industry.
We suggest that all traders remain cautious with regard to the sudden interest in so many hemp and marijuana stocks getting involved in the Cryptocurrency industry. There will undoubtedly be various bad apples that are found to be getting involved just to make a quick buck at the expense of investors. On that same note though, we expect just about all of these marijuana stocks that are releasing Crypto-related news to see solid bumps in share price, granted that they do not engage in heavy dilution.
With the legalization of marijuana that just took place in California and the expectation that Canada will soon legalize as well, marijuana stocks are continuing to see sector-wide growth as investors flock to these companies the same way that they did in early 2014. Those of you that have been with us for the longer haul, know well, that our old marijuana penny stock picks, in early 2014, gained around 1,000% per month for for months straight, as the marijuana and hemp industries saw near sector-wide growth, as a result of the spread of legalization. Now in 2017 and especially here I n2018, we are beginning to see the same sort of rapid growth within the industry that we saw back then, so it is highly recommended that you keep a close eye on IFXY, our pick on UBQU, and the various other marijuana stocks that we have released over time.
While marijuana is a big deal right now, we are also excited to mention the incredible growth that we have been seeing from our Cryptocurrency related alerts on penny stocks that have been releasing their own ICO's (Initial Coin Offerings) and delving into Cryptocurrency in various other ways. The latest trend has been marijuana stocks that are delving into Cryptocurrency, so we have been laying special focus on such picks. One such pick is our recent alert on UBQU that has already gained 161.18% for our Platinum Subscribers in less than 4 weeks! We intend to release far more pivotal plays over the coming weeks and months, so be sure to keep a close eye on what is to come next!
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