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Populous (PPT) and the Latest Drop

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Populous
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Populous is trading in red “thanks” to the latest change in its price. The fact that this currency suffered a fall in its price recently is no wonder since the last few weeks was a disaster for most currencies on the market. That is how we have seen even the giants like Ethereum and Bitcoin going down, while only a few currencies somehow managed to remain immune to these negative changes ravaging the crypto market. What do we know about PPT so far and what should we know for the time to come? Let’s see.

What is Populous?

Populous, or otherwise known as PPT, is a currency that works as a peer-to-peer platform, based on blockchain technology. The main idea behind populous is to help out small and medium companies and enterprises to find a way of obtaining a constant flow of money into their business. One of the biggest problems almost any small or medium enterprise faces at least once in a lifetime (unfortunately more than just once in reality) is the issue of late payments and difficult invoicing. It is shown that it is lost over 2 million dollars annually only in the UK in form of missed opportunities and non-responded invoices.

Selling unpaid invoices might be a bit hard these days, so Populous platform is there to help you out. So, whether you are having problems with short-term liquidity or getting paid for your services on time, you can find the answer to all those issues on PPT platform.

In case you have unsold invoices, you can easily upload them on the market within the Populous platform and wait for them to get sold so you can cover your losses. The platform uses smart contracts just like Ethereum, so making new business deals are also made easy and simple. You can in only a couple of clicks, seal the deal, send your invoices or upload your unsold invoices to the market where you can sell them.

However, before you are able to list your invoices and sell them on the auction, you must first make an account for your company and wait for it to get approved. This way, PPT is protecting all parties involved in the trading and using smart contracts for sealing business deals or buying unsold invoices. For this improved experience PPT platform is using Altman-Z score formula and XBRL.

How is Populous Doing at the Current Moment?

After having a pretty successful period over the last few months, where PPT currency was trading at over 30$ per one unit, this currency is now having a minor downfall.

Whether the fall is truly “minor” or it represents the beginning of series of drops in price is yet to be seen. For now, PPT is trading at 21.55$ per one unit. This is the case after the most recent drop in its price that concluded the price in the last 24 hours.

The initial drop was -8.99% against the dollar and a bit over -4 and -5 percent against BTC and ETH.

Although the drop cannot be considered as minor at this point, the latest drop in the price that affected PPT as well is not a strange case as most currencies were dropping during the last week that was at the same time the toughest week of the month for almost all cryptocurrencies out there.

It is expected that all these, or most of these currencies along with PPT, will eventually rise and bounce from current levels.

We will be updating our subscribers as soon as we know more. For the latest updates on PPT, sign up below!

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.

Image courtesy of coinmarketcap.com

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Aluna.Social is a Compelling Social Platform for Crypto Traders and Investors

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Aluna.Social
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When one thinks about the social media landscape, the companies that first come to mind are most likely Facebook, Instagram, LinkedIn, and Snapchat.  These platforms are a great way to stay connected with friends, families, and colleagues, especially when geographic distance is a factor.  But, in addition to just chatting about life in general and sharing pictures, social media can be used to bridge the information gap that exists within the investment community.

Over the last decade, many trading offices have been established in large cities all over the world which allow solo traders and investors to pay a monthly fee in exchange for a workspace.  The real benefit to trading in these offices is to participate in the free flow of trading ideas and information.  Proprietary trading is one of the most challenging careers to be successful at and the exchange of ideas is almost required in order to succeed.  Traders at hedge funds and investment banks work in teams so why shouldn’t remote traders?

While these trading offices are a great way to help bridge the information gap, Aluna.Social may provide an even better way, especially as it relates to cryptocurrency trading.

Mission Statement

Aluna.Social, founded by Alvin Lee and Henrique Matias, is a multi-exchange social trading terminal for crypto traders and investors.  The goal of the platform is to help newcomers shorten their learning curve,…

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CoinFlip Scores Big with BRD Wallet Partnership

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CoinFlip
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As the crypto markets move closer to mass adoption, one of the keys for future success will revolve around attracting as many market participants as possible.  While many crypto users are extremely tech oriented, a lot of those on the sidelines are not.  The cause of waiting on the sidelines could be due to a variety of reasons such as fear of the unknown, lack of knowledge, age, or a combination of all of the above.  In order to entice new users to join the crypto revolution, crypto ATMs are rising up across the country.  Of those, the largest and most influential crypto ATM company by a significant margin is CoinFlip.

In early October, CoinFlip announced on its Twitter that it had officially partnered with BRD Wallet to re-introduce their crypto ATM map.  Now, BRD wallet users will be able to locate their nearest CoinFlip ATM and receive a 10% discount for both buys and sells.  BRD brand awareness is growing quickly within the crypto community thanks to its innovative and entrepreneurial spirit.  The team strongly believes in the value of financial freedom and independence, and want to empower people across the world by leveraging the possibilities that Bitcoin and other cryptocurrencies provide.

Cryptocurrencies are already making a huge difference around the world.  Citizens of Venezuela, a country devastated by rampant inflation, have been using several cryptocurrencies…

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Cryptocurrency Collateralized Debt Positions Are Growing in Popularity

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collateralized debt position
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While Bitcoin (BTC) continues to hover around the magical 10,000 price level, altcoins continue to fight an uphill battle.  Simply put, hopes of a future bull run continue to diminish as Bitcoin maintains its dominance.  One school of thought is that a few altcoins will survive and flourish, but which ones are anyone’s guess.  That being said, it’s hard to go wrong picking against the top coins like Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and EOS.  These projects have managed to find a foothold in the market and have a better chance than most of staying there.  While traders wait for their positions to increase in value, one opportunity that may be worth looking at is initiating a collateralized debt position.

What is a Cryptocurrency CDP?

In traditional terms, a CDP is essentially putting up collateral in order to receive a loan against the deposited amount.  There are several examples of this in our day to day lives.  Auto title loans from large companies like TitleMax are extremely popular with consumers.  Consumers are essentially able to use their car as collateral in exchange for a cash payment which can then be used for whatever needs the consumer has.  The consumer can continue using their car as long as debt payments are made.

The same concept applies to cryptocurrency CDPs.  Consumers are able to put up crypto tokens, such as…

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