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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

Blogs

What Changes May the Crypto Space Experience in 2019

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crypto
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After the crypto hype of 2017, a lot of newly-arrived crypto enthusiasts were caught off-guard by the price crash and bear market that took over in 2018. One month after another, investors were waiting for things to change, and for another bull run to take place. Unfortunately, this did not happen in 2018, and while the year’s final days were seemingly stable, the rally everyone wanted to see has failed to arrive.

However, crypto investors remain optimistic, with many of them hoping to see some changes arrive in 2019. There are rather great expectations of this year, especially since the last one failed to deliver. However, many are interested in what exactly is to be expected in this year, which is what we will talk about today.

Bitcoin ETF approval

The US SEC’s decision regarding Bitcoin ETFs was one of the most anticipated events throughout 2018. Sadly, the decision constantly got delayed, and the SEC never actually provided an answer. The last delay has pushed the decision into 2019, and it is now expected to arrive on February 27.

Historically, the SEC was never ready to approve Bitcoin ETF, and many believe that the delays came due to the fact that the market was not ready for then in 2018. This is backed by the fact that the SEC rejected multiple application throughout the year. VanEck and SolidX…

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Blogs

Reasons Why 2019 May Be A Great Year For Crypto

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crypto
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The new year was always considered to be a time of new beginnings, where people can reflect on the past and learn from their mistakes in order to be better in the future. The same is true for the world of crypto, and investors around the world are hoping for 2019 to be better, more profitable, and to have more success than 2018.

The hope for the future is even more important when we consider all the negative development in 2018. There were numerous high-profile hacking attacks, two market crashes, with a strong bear market in between. Not to mention that some of the biggest projects that may have brightened the year a bit ended up being delayed.

With that in mind, it is understandable why investors are looking forward to the new year and all the potential development that it may bring. In fact, there are several reasons why they should be excited about 2019.

1) Bearish market to loosen its grip

The first reason why 2019 can be a good year digital currencies is that it may finally break free of the bearish grip that has been felt ever since last January. Following the first market crash, the bears settled in, and the prices kept falling for an entire year. The market attempted to shake off the negativity on several occasions, with the biggest one being…

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Blogs

3 Coins with the Largest Potential in 2019

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coins
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2018 has been a pretty bad year for digital coins, and after the initial market crash that occurred a year ago, everyone was expecting a bull run that will fix things. Obviously, it never arrived, and instead of that, all that crypto market experienced was an entire bearish year and another crash in mid-November.

Now, however, it is a brand new year, and attempts to shake off the bears’ grip can be seen even in these first two weeks. The market is still struggling and mostly losing value, rather than gaining, with most coins being in trouble once more. Still, a lot can happen in a year, and most investors remain optimistic regarding 2019. Here are some of the coins that are believed to have tremendous potential, and to be the hope of this year.

  1. Bitcoin (BTC)

Of course, Bitcoin comes first. This is the first cryptocurrency which is still dominating the market, with no other coin being even close to its market cap or price. BTC is the coin that has reached the most prominent heights, and it also lost the most in the previous year. However, there is still hope, as there are several projects and events scheduled for this year that might turn things around for the number one coin.

One thing that is expected is the approval of Bitcoin ETFs…

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