Why is NavCoin trending on Twitter?
According to Gambiste, twitter is trending on Twitter. A look at their twit-history I learned that NavCoin shows for months quality tweets on Twitter, probably caused by a strong community and hardworking devs. Mainly the twits have the following subjects:
- Anonymous transactions
- Proof of stake on the Raspberry Pi
- And the latest news: A wallet available on Stores for smartphones.
How is NavCoin doing on the exchanges?
On the exchanges there is nothing extraordinary going on. On September one we see a peak in price but we see that same trend in other coins. Lisk for example shows nearly the same trend. After September 1 the coin doesn't go much up or down, just like Ark and Lisk while LBRY shows a downtrend and Vertcoin a strong uptrend.
Will the beta release of the wallet affect the price?
NavCoin falls under the category of the anon cryptos, and it seems that NavCoin is the only one with a portable wallet that delivers transactions anonymously (the private key stays on the device). At the same time the users looking for functionality a portable wallet being able to send and receive coins is a pro. I suppose this could (slightly?) affect the price.
There is also an update for the navPi which is an auto-updater. The NavPi is the Raspberry Pi used for staking (PoS). This all doesn't give me a bad impression of NavCoin. Could the NavCoin's community be right that NavCoin in undervalued?
Some other properties
Leightweight, fast transactions and in the roadmap I see:
Partnering with instant exchange Changelly to provide anonymous payments and switch between any of their 25+ listed cryptocurrencies.
I will keep an eye on it and if I have time I will take a look if I can get my Raspberry Pi get to work.
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For more info about NavCoin check the cryptoportal on Hashers.
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Regards,
Robert, Hashers_Admin