The market has sort of stabilized at the current total market cap of $266.4 Billion. The recent lows of $246 Billion that were witnessed around April 6th, have seemed to fade away gradually. But we are not out of the woods yet. bitcoin (BTC) is still under $7,000; Ethereum (ETH) still under $400; Litecoin (LTC) still having difficulty breaking $120; and Ripple (XRP) has gone below $0.50.
The one possible chance of a rebound, is , that the markets will most likely recover after the American Tax season is over on April 15th this year. His estimate is that by April 17th, we shall see some upward movement of the prominent bitcoin. What we all know and observed with time and experience, is that once bitcoin (BTC) goes up, the rest of the market follows suit.
Perhaps that is why the is the latest prediction to hit the Crypto-verse. This is despite the debate going on about whether Ripple is a security or a Cryptocurrency. From being an actual trader, I would like to defend that it is a cryptocurrency. It is also 100% decentralized. The only thing that might look centralized, is the in Escrow last year to ensure certainty of supply.
Going back to Thomas Lee and his prediction of a BTC at $25,000 by the end of the year, it is possible that $10 per XRP is within grasp as the market recovers from the current uncertainty, and by the end of the year.
Also to add, is of XRP after the current crash of bitcoin that started in January and yet to fully bottom out. This price prediction is based on the ever increasing XRP partnerships. These partnerships include: Santander, Moneygram, Western Union, Global Central banks, LianLian International, RBC Bank and more.
Another thing to note with this prediction is that it states XRP has been undervalued since inception. There is also the speculation of XRP being backed by Google. There is also the speculation of XRP partnering with and Uber sometime this year.
Moving forward, there are only 2 things an XRP trader can do. He or she might HODL or keep stocking up on XRP anticipating the above events.
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TUURNT is as a result of the acknowledgement of a loop hole in the event world. TUURNT, using Blockchain Technology, aims to fill the gap in the sharing economy with a decentralized system of rewarding party/events hosts and goers by creating an app. TUURNT empowers users to create parties within minutes and get rewarded for the party they created. This app allows fees to be charged for attending events created and connects party goers with hosts.
Tuurnt Overview
Reward System
To understand the reward system of the Tuurnt platform, watch the video below:
Benefits of Tuurnt
• Decentralized peer-to-peer marketplace where hosts make additional income and party goers find unique events
• Decentralized peer-to-peer free transactions between Tuurnt users
• Verified hosts and party goers which makes TUURNT safe
• Peer-to-peer reviews for hosts and party goers
• Low commissions on bookings and listings (2.5% for party goers and 5% for host)
Tuurnt Token
To make the goals of Tuurnt achievable, Tuurnt created an utility token (TRT) which is ERC20 compatible. This token will be used for exchange payment between party hosts and party goers without incurring any extra cost of middlemen. The major functions of this token are to:
Book for paid or free events; andSend TRT to friends and families and other Tuurnt users.
NOTE: The Tuurnt APP can be downloaded on APPSTORE via or on PLAYSTORE using
For more information about TUURNT project, please visit any of the following links:
Website:
Whitepaper:
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Author: JigaMola
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