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

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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

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

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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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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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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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