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McAfee bullish on Docademic's growth in a bearish market tendency - Global Coin Report
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McAfee bullish on Docademic’s growth in a bearish market tendency

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McAfee Docademic
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It’s not a secret to anybody that the crypto market is going through a rough time as of the moment (last 24 hours or so have been good, though), many of the cryptocurrencies that exist are trading in red, and what’s worse, even the top tokens are suffering remarkable dips in a sector that seems to be stumbling right now. Like this, it results very notably how in recent times when a coin starts to have a bullish behavior and a good performance, it becomes worthy of attention, a fact that even when is not that common, still happens with a certain regularity in the cryptosphere.

That is precisely the case of Docademic (MTC), a cryptocurrency created with the intention of “providing free basic healthcare to the world through universalization, Integration, and Improvement of Medicine using AI and Blockchain.” The MTC token has appeared in the spotlight recently as one of the few cryptos in the market that at the moment is trading on the green, a fact that undoubtedly has become a significant milestone for the sector.

In this way, the MTC token has managed to obtain one of the strongest supports of the industry, which in this case, is the endorsement of the influential businessman, John McAfee. The CEO and founder of McAfee, used his Twitter account to forecast a remarkable performance for the MTC token, and despite the apparently exaggerated prediction, lots of people are considering the asseverations as the token has managed to grow in a massive 76 percent in just last seven days.

Current performance of Docademic (MTC)

At the moment of writing, Docademic (MTC) is the number 114 crypto on the coinmarketcap lists. The token has a market capitalization of $82,807,313, a value per token of $0.29011 (it was $0.400641, fell by more than 30% in last 24 hours), and a volume of $6,700,840 in the last 24 hours.

Surprisingly, the token has been gaining momentum just when the market is not looking so good (yes, it’s recovering a bit now). In fact, it has an advantage over top cryptos such as Bitcoin (BTC) or Ethereum (ETH) which in the last couple of days have continued their dips. Last week the MTC token was number 191 on coinmarketcap, and this has drastically changed to the current 114th position, which actually is not expected to stay the same for so long.

The endorsement of McAfee

John McAfee has been characterized as one of the most influential figures in the crypto industry. To say the truth, his crypto-related opinions on Twitter besides grating him an immense amount of money, have actually the power to influence the market, a fact that has already been proved with several predictions he has made in the past that became a reality.

But beyond being a controversial person, John McAfee, has turned into an advocator of the crypto sector. Not so long ago, he announced that he was going to postulate himself to the 2020 presidential elections, to serve as a spokesman for the crypto community. In this sense, he appears now to be setting all the details of his campaign, and as it seems, he has chosen Docademic (MTC) as the basis for his presidential healthcare proposal.

Conclusion

Docademic’s growth has been one of the most remarkable ever seen in the crypto environment, and this is something forecasted to be even bigger with the latest listings of the coin in several exchanges including HitBTC. If this were to continue, and additionally if governments decide to partner with the coin (remember it centers on healthcare) we could be speaking of the most significant growth in the market. So stay tuned!

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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 Pxhere.com

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Top 3 Crypto Trends That Might Go Big in Q2 2019

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crypto trends
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So far 2019 has brought a significant change to the crypto industry. Q1 of this year has seen the rise of the idea of IEOs, the crypto space has finally managed to shake off the bears, and numerous coins throughout the industry have seen their prices grow once again.

The latest rally happened only several weeks ago, and it allowed Bitcoin to surge up by $1,000. Most other coins followed in their own way, but the investors are now wondering what to expect out of Q2? The Q1 started off badly, but it ended up being extremely successful. The chances are that history might repeat itself in the second quarter, as there are some key trends that might point the way for the further development of the crypto market.

1. The rise of IEOs

Back in 2017 and early 2018, ICOs (Initial Coin Offerings) were everything that the crypto space was talking about. Their popularity allowed startups to raise billions upon billions of dollars. Soon enough, however, that ended in a pretty bad way. STOs (Security Token Offerings) emerged as an alternative that does not depend on trust, follows regulations, and it actually holds value. However, asset tokenization might still be in its early stages, and this is something that might come back at some point in the future.

In 2019, however, IEOs (Initial Exchange Offerings) started attracting the…

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The Crypto Space Once Again Divided Over Bitcoin SV

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Bitcoin SV
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The crypto community is a strong one, one that managed to bring digital currencies from nothing to an industry worth hundreds of billions of dollars. However, while its strength in this regard is undeniable, the crypto community can be just as fragile given the appropriate conditions. With that in mind, the conditions seem to have been set for a new divide, although the cause is once again the same — Dr. Craig Wright and his Bitcoin SV (BSV).

Craig Wright vs. the (crypto) world

Dr. Craig Wright, the chief scientist at nChain, and the creator of Bitcoin SV. has been a well-known and very controversial figure in the crypto industry. Wright was suspected of being Bitcoin’s creator several years ago, which is possible because no one knows who is behind the name ‘Satoshi Nakamoto.’

Wright was believed to be him, and one theory claimed that he and his friend were responsible for giving life to BTC. However, the theory quickly died out, but not before Wright seemingly liked the idea of assuming the mantle of Nakamoto. He himself started claiming to be Bitcoin’s mysterious creator ever since.

Of course, he managed to gather up some followers, but the majority of the crypto community — while confused — did not believe him. Luckily, there is no need for trust, and Wright should easily be able to prove that he…

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Are XRP and Ripple Going to Be Worth Anything by the End of 2019?

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Ripple
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One surprise recently was when XRP took over Ethereum’s long-held second place in the Market Cap leaderboards. It quickly went back to its traditional and respectable third place behind Ethereum, but it could be a sign of things to come.

XRP has a lot of clout in the market because of the platform it is based on, which is Ripple. A coin that is used for a very specific purpose and with a long term goal in mind is always going to fare better than others. Litecoin, Bitcoin Cash and others have come about because of disagreements in Bitcoin. Therefore they offer nothing except an alternative to Bitcoin as a pure cryptocurrency, while Ripple (and XRP along with it) has something tangible behind it.

Big Banks Back Ripple

Ripple was created in 2012 for a specific reason. It aimed to become a faster and more efficient method to transfer value between banks and countries. This value can be almost anything from currencies to other instruments. While initially, banks were cautious about investing in the company, recently they have been lining up. The crypto winter has helped with innovation int he industry and Ripple has benefitted immensely for it.

The various payment solutions based on Ripple such as xRapid and xCurrent are seeing a large uptake, and this is having an amazing effect on XRP as a whole.…

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