What are you guys doing? Last night there was some hype on Reddit that blew up NAVCoin and it's still on Bittrex's front page. It’s currently trading around $0.90USD and going up to $1.26USD over the last 24 hours. In my opinion NAVCoin is seriously underrated and still is. I suspect that we will know the real price of NAV after the BTC hardfork and I believe it will be exponentially higher than $1.26USD. The ATH was $1.67USD which was reached on September 26th, 2017 and we are not far from hitting that presently.
NAVCOIN is a proof-of stake (PoS) cryptocurrency, unlike Bitcoin which is the proof of work cryptocurrency. In a PoS there is no mining but staking. That means that the block is found by users who set aside certain amounts of coins. The more coins you are staking, the more chances you have of finding the next block. NAVCoin provides faster transactions with low fees and has been publicly traded since July of 2014. Being a PoS cryptocurrency, NAVCoin allows users to earn money by keeping their coins in there wallet.
They are also planning to launch NAV COIN Direct, a project they are working on that allows people to buy NAV with FIAT Currencies, Pay Pal, credit cards, and more. Exciting projects are ahead of us. You can take a look at their road map here https://navcoin.org/project-roadmap/
Not only has NAV been trending on Bittrex, but it's trending on Reddit too, and it has investors scratching their head. Everyone is confused as to why NAV is going up right now. Redditors and Discord chat members think it could be a pump and dump or it could be the hype about Palm Beach Confidential withdrawing from Monero and looking for another alt-coin to invest in. This could be big news if Palm Beach Confidential pulls out their Monero Holdings. Although there is no speculation that NAV is the coin of their choice, this coincidence has skyrocketed the value NAVCoin. We will have to find out on Friday October 20th, 2017 what PBC will choose.
I think NAV is just undervalued and underrated, but that is going to change. $1 is still good to get in at. Their road map is impressive and they've been very informative. I easily see this going past $4-5 in a couple of months, or maybe even after the Bit fork. Who knows? Maybe PBC will buy into NAVCoin, they have the power to make the coin go up EXPONENTIALLY. Stay tuned for that, kids.
http://boards.4chan.org/biz/thread/3934350/palm-beach-confidental-nav-coin-proof-below
Although you shouldn't source crypto news from 4CHAN, I believe this is part of the reason everyone is becoming curious and wanting to learn what NAVCoin is. Personally, I'm a believer in this coin. They’ve just increased their marketing team, working on advanced projects, and constantly updating their loyal followers, which shows that they will grow so much more in time.
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https://coinmarketcap.com/currencies/nav-coin/
Twitter @NAVCOIN