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Here Is Why it is Time to Buy the Zilliqa (ZIL) and IOST Dips

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Zilliqa
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The mood and feel in the crypto-markets is that Bitcoin (BTC) is back to its old ways and readying itself for a Bull Run in the crypto markets. This has even prompted popular crypto-crusader, John McAfee to reassure his twitter followers that the BTC Bull run is coming. As is the case whenever Bitcoin has a good run in the markets, the rest of the coins and tokens follow suit and do astonishing gains. The King of Crypto – BTC – always sets the pace in the markets. Therefore, the time is now to stock up on our favorite tokens of Zilliqa (ZIL) and IOSToken (IOST) not only due to the Bitcoin factor alone but due to the following.

Current and past performance of both ZILLIQA and IOST in the markets

ZIL is currently priced at $0.076 and down 6% in the last 24 hours at the moment of writing this. This means that the digital asset is at its lowest since mid-April. ZIL had peaked to levels of $0.23 in mid-May. This indicates that the digital asset has the potential to perform well outside the influence of Bitcoin (BTC). The peak value of ZIL was reached during a time period of BTC decline.

Looking at IOST, the token is currently valued at $0.024 and down 4.12% in 24 hours at the moment of writing this. IOST had peaked in January to a value of $0.127. It also had another lesser peak value of $0.075 in mid-May. This then means that it could easily reach $0.050 values if Bitcoin continues on its bull run in the short term. Looking at the long-term possibility of IOS, it could eclipse the $0.20 mark by the end of the year.

Testnets and Mainnets to be released this year

The team at Zilliqa has already launched the second version of the Testnet that demonstrates the Scilla programming language as well as sharding. The same project has even convinced the gaming DApp of Etheremon to move from the Ethereum platform to that of ZIL once the Mainnet version is released in the 3rd quarter of this year. This means that it is only a matter of time before ZIL runs with the bulls as was seen with ETH last year when everyone was developing on the platform. ZIL is indeed the Ethereum killer.

The IOST team has also released a testnet version of its platform that has been given the name of Everest. The announcement came at the of June with a notification that the Mainnet will be launched by the end of 2018. The IOST platform also promises a higher throughput than that seen on Ethereum. Therefore, the stage is set for more DApps to be built on the IOST mainnet.

Conclusion

In conclusion, the phrase ‘The Early Bird Catches the Worm’ could not be more applicable than in the case of ZIL and IOST. These two blockchain projects pack a punch and they have already functional Testnet which have given a glimpse of the numerous possibilities of each of the Mainnets. The same tokens have also had an impressive track record in the crypto markets opening the floodgates for more gains in the future. There is no doubt that these two digital assets are a good buy for a HODL investment strategy.

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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.

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Altcoins

Cryptocurrency Collateralized Debt Positions Are Growing in Popularity

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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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Altcoins

Hodium Presents a Compelling Opportunity for Outsized Investment Returns

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Hodium
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I’m sure all of us remember the cryptocurrency glory days of 2017 and early 2018.  It was one of the biggest bull runs in history and created incredibly wealth for quite a few early entrants.  Unfortunately, for most of us, those gains have most likely been wiped out during the altcoin apocalypse.  The truth is that traders probably thought a bit too highly of their trading abilities when the reality was that anyone could have thrown a dart at a board and ended up making money.

As markets mature (and the crypto market is definitely maturing) it becomes more and more difficult to generate alpha.  In that regard, it’s similar to traditional financial markets.  I can remember trading during my high school days.  It was the late 90s and right in the middle of the dot.com boom.  Eventually, however, the euphoria fades away and reality hits hard.  Now, it’s become rather difficult to actually trade profitably which has given way to the rise of hedge funds.

Hedge funds are investment funds that pool capital from accredited and/or institutional investors and invest in a variety of assets, often with extremely complex portfolio-construction and risk management techniques.  The professionals employed by hedge funds are the best of the best and have spent years honing their craft.  That is why they’re able to make the millions of dollars that they normally…

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Altcoins

KaratGold Proves Its Business Model By Providing Official Documents

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There has been a lot of renewed enthusiasm in the cryptocurrency market thanks mainly to Bitcoin’s strong move about 10,000.  Although Bitcoin continues to show its dominance, the altcoin market has yet to benefit from that rally.  A few of the largest altcoins remain popular but the rest of the market continues to lag behind.  In 2018, there was a lot of talk regarding a possible altcoin apocalypse where only the strong would survive.  That prediction appears to be playing out as expected.  Going forward, only the best projects that have a real world need will survive.  Crypto traders will have to spend a lot of their time doing proper research in order to find the best opportunities, just like in all financial markets.  One promising project that appears to have the makings of a future winner is KaratGold Coin.

KaratGold Background

KaratGold Coin is a cryptocurrency developed by the reputable German company Karatbars International, which maintains a leading position in the market of small gold items and investments. The project is part of a larger ecosystem, which involves several blockchain solutions that can be used for transactions, communication, investing and other tasks. During the past few weeks, however, the KaratGold ecosystem has been a target of unsavory scam allegations.  

Karatbars International and GSB Gold Standard Banking Corporation…

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