Could Populous become the most popular currency in the world?
Granted, it’s got a long way to go, but the name is fitting right?
To be Populous, refers to a dense population, for a currency ranked at 26th in terms of market capitalisation, perhaps the currency is half way there.
What is Populous and where does it stand now?
As I have mentioned, Populous is currently ranked 26th, at the time of writing it is ranked at $23.80, up a stunning 44.21% today and has a market cap of $880,703,241.
The currency has seen some huge gains today, almost doubling from values of around $15.00 as recorded yesterday. April has seen a steady maintenance for this currency, after late gains in February that saw the value of the currency reach in excess of $70.00.
Populous has been designed for the development of finance invoicing between buyers and sellers, according to the Populous website, Populous.co:
“Populous uniquely connects business owners with invoice buyers on a global scale by leveraging the security, transparency and speed of blockchain via XBRL data, Altman Z-score formula, smart contracts and stale fiat-pegged tokens. We will disrupt the traditional invoice financing system by eliminating the need for third parties or financial institutions by connecting businesses with global invoice buyers directly.”
You might assume then, that it is quite a unique platform, which indeed it is.
You can view the Populous whitepaper, here- https://populous.co/populous_whitepaper.pdf
What next for Populous?
Well, the team have recently released a business intelligence data analytics platform,
— Populous Platform (@BitPopulous) April 15, 2018
which has in turn led to the first contracts being signed on the network as a result of the beta-launch of this platform. This has in turn led to the surge in the price of Populous.
Should interest in the platform continue, in theory the price of the currency will increase as well. This platform does have significant applications within the blockchain world, applications that, if they become more universal will boost the value of it’s currency.
Whatever happens with Populous, things are looking good for the team at the moment, a combination of a successful beta-launch and the recent market surge has set Populous on a good trajectory, this may be one to watch over the coming week for sure.