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Is Populous (PPT) the Best Performing Asian Altcoin?

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Populous
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If you have been following up with Populous (PPT), you have surely noticed an amazing increase of nearly 100% in the course of a couple of days. Populous is still trading in the green, but its performance in the previous week crowned Populous as the best-performing currency among the top 30 coins and token in accordance with the global coin ranking list. After this amazing performance, we are interested in finding out whether Populous could be the best performing crypto among Asian altcoins, as well as have a glimpse at what is waiting for PPT in the future.

Populous and the 95% Rise

Media coverage is extremely important in the world of cryptocurrencies as it is hardly possible to have a massive targeted audience in case you aren’t present in the news and media. While other top coins like Ripple, Litecoin, Bitcoin and Ethereum are constantly talked-about, Populous might seem like a “modest Molly” when it comes to its presence in the media.

However, this case isn’t affecting PPT in reality as this coin even with the media negligence is progressing towards reaching new heights, potentially being the most successful Asian altcoin in the market when it comes to its pace of growth, especially the one shown during the last week when this currency managed to bounce off solidly as it was collecting gains of 95% against the dollar. In addition to this massive wave of gains, PPT has had another wave of positive change in the market as it went up by over 15% on Tuesday, altogether making it the best performing coin of the last week.

Even at the time of this writing and as the April is coming to an end, PPT is still being traded in the green with frequent raises, which indicates in a great portion that Populous is heading towards becoming more popular than it was before.

In case you are not familiar with the main objective of the PPT team, the thing to know is that Populous is in the “business” of helping small and medium enterprises, to successfully and easily perform invoicing, that way preventing losses from unpaid invoices, which is often the case when it comes to small and medium companies.

Populous is currently ranked as the 26th-best currency has been on the top 30 list for quite some time now, but this is one of the rare occasions that we also see PPT making it through an entire week as the top trading altcoin.

The Future of Populous

Populous has announced back in March that their Beta will be released on the 1st of May, which is almost a week away from now. Populous Beta will be tested with several PPT users who would be able to switch their PPT units for the other token set on the Populous platform, called Poken (Populous token). Pokens will be used for purchasing invoices that have been previously selected.

With this version, they are planning on testing the network so that the team would make sure that the network is ready to support the mass market of trading unpaid invoices for and from PPT users.

The fact that the initial date of the launching of Beta version is getting closer, might have something to do with the latest recorded massive rise of PPT in the market. Whichever the reason, it seems that Populous is gaining on its popularity as the 1st of May is approaching.

How is Populous doing at the Current Moment?

Populous has shown some astonishing (and more than just astonishing!) performance in the market during the last week when this token managed to collect a massive rise of 95% in the matter of a week. In addition to the mentioned 95% against the dollar, PPT has gained another 15% within a 24-hour period on Tuesday.

After the latest change in the market, PPT is still trading in the green, however, with smaller rises in oppose to the previous week’s performance.

Populous has gone up today on April 21st, for another 2.47% against the dollar, which means that this token is trading in the green. Moreover, PPT is going up against ETH today for 2.06%.

However, Populous is going down against BTC, which means that Bitcoin is showing a slightly better performance in today’s date as PPT is dropping against BTC for -0.26%.

After the latest change in the market, PPT can be bought at the price of 25.88$ per one token with good odds to reach its all-time high of around 73$ per one unit as recorded back in January in the course of a couple of months, which is more than possible in case PPT continues with the current pace of growth.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

Image courtesy of Dennis Jarvis via Flickr

Bitcoin

Investors Beware: Another Large Bitcoin Crash Might Be Coming

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Bitcoin crash
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The crypto prices have surged quite high in the last few months. Of course, their progress is nowhere near the one seen in 2017, but they appear to be getting there, one day at the time. However, things might not be as simple as that, and according to recent performance — it is more than possible that a major Bitcoin crash is incoming.

The fact is that cryptos saw a massive amount of growth in a very short period. Bitcoin itself more than doubled its price in only two months. Now, the rally is starting to crash in on itself, and the coin is already about $1,000 lower than last week. If such development does come to pass, a lot of people will experience quite large losses, although experienced investors might find some opportunities, and leverage in order to enhance their holdings’ long-term value.

For example, Bitcoin dominance is expected to crash very quickly, which will work in favor of quite a lot of altcoins. While this does not seem to be the best time to invest in BTC, altcoins are another story, and diversifying a portfolio now might end up being very profitable in days to come.

Bitcoin behavior mirrors the pre-bear market situation

The crash that analysts are predicting right now comes as a direct consequence of all the hype that has been building up in…

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Altcoins

Top 3 Coins to Buy Before They Go Big

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coins
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Crypto bulls are back, that much is clear. The long-lasting, harsh crypto winter is gone, and the new era in digital currency sector opens up some rather interesting opportunities. With many more bull runs expected to come in months ahead, a lot of coins are likely to blow up and maybe even hit new all-time highs, although that still remains purely theoretical.

On the other hand, the fact is that numerous coins are seeing prices that were not achieved since early 2018, and the overall momentum remains bullish. With that in mind, even if new records do not come for a very long time — chances are that many of the coins will blow up enough for investors to see some serious gains in months to come. As a result, investing in some of these coins now might be a very profitable decision, for those who have the patience to wait a few months. Here are some of the projects believed to have the greatest potential to go big in the second half of 2019 and beyond.

1. TRON (TRX)

Putting TRON on the list should not really surprise anyone, as the project constantly comes up with new project updates, partnerships, and alike. It also constantly breaks records, as is becoming one of the biggest players in the dApp and smart contract development sector.

In the past few…

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Blogs

Can Crypto Credit Cards Disrupt the Fight Against Financial Crime?

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crypto credit cards
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It is commonly known that the world of finances has the biggest problem with the crime of all existing industries around the world. It has been so throughout history. While the financial world has evolved, so did the criminal activities, and they continue to be an issue. With the arrival of cryptocurrencies, many were hoping that financial crime might be disrupted. However, for now, at least, it appears that cryptos themselves cannot find a way to resolve issues such as international money laundering.

In fact, when it comes to money laundering, the crypto sector appears to be the weakest link, especially because of the nature of digital currencies. The anonymity that cryptos are being praised for means that anyone can get a payment from an unknown source from anywhere in the world. This method can then be used for financing drug trafficking, cyberattacks, terrorists, and more.

Until recently, it was not easy for bad actors to make use of cryptocurrencies obtained for illegal purposes. The number of merchants willing to accept the coins was low, and criminals were forced to find a way to exchange crypto into fiat currencies. However, this came with a set of issues, such as taking foreign exchange risks and then sending the money through wallets and exchanges to a banking system that would allow withdrawal. The banking account was the biggest obstacle here,…

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