• Cryptocurrencies: 2108
  • Markets: 16362
  • Market Cap: $140200735435.89
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Bob’s Gem Of The Day 4: Republic Protocol – The Darknode Cryptocurrency

Bob’s Gem Pick’s is a segment that showcases the hidden world within Cryptocurrency. Join me and find the next Home Run. Join the Conversation with me using #BobsGemPicks

Republic Protocol -$REN

republic protocol logo

Republic Protocol ($REN)

CMC Rank: #188

Current Trading Price:

$0.040495 USD (-3.87%)
0.00000636 BTC (-3.75%)
0.00020271 ETH (-3.84%)
Market Cap $24,361,337 USD
Volume (24h) $249,253 USD 
Circulating Supply: 601,586,967 REN
Total Supply: 1,000,000,000 REN

Returns since ICO

0.71xUSD

3.34xETH

1.05xBTC

 

About $REN: Republic Protocol is an open-source decentralized dark pool exchange. It facilitates cross-chain atomic trades on a hidden order book over the Ethereum and Bitcoin networks. Miners within the protocol run equation solving nodes to earn REN tokens and match orders without revealing the underlying trade until execution. This system creates a trustless trading system for large block orders enabling ERC20, Ethereum and Bitcoin pairs to be executed with minimal price slippage and provides protection from front-running.

 

Social Media Comparison:

 

Telegram members: 9,979 Medium

Twitter members: 4,866 Medium

Reddit members: 679 Medium to Low

 

Competitors:
  • Loopring
  • Bancor
  • LA Token

Exchanges:

  • Idex
  • OKex
  • HADAX

Chart: Looking over bought right now. Has been on quite a run the last week or so. Bull flag appears to be forming on the weekly chart.

Why It’s Bob’s Pick:

  • REN gives you the chance to own the only Darknode in the cryptospace. Daily rewards from exchange activity could be fairly lucrative as darkpool trading accounts for more than 15% in some markets.
  • 1 Darknode = 100,000 $REN =$4049 at today’s prices.
  • Team are A+
  • Legit use of token.
  • Great partnerships (BitGo, $WBTC)

Long term outlook: Bullish

Final thought:

I think this is a smart money move and as the markets become ever more bullish I would expect a $REN darknode to become an incredibly valuable asset to have in the crypto space.

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Information on these pages contain speculative statements that involves risks and uncertainties. Crypto-Assets profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell. Nouvive does not in any way guarantee that this information is free from mistakes, errors or material misstatements. It does also not guarantee that this information is of a timely nature. Crypto-Assets involve risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing or trading are your responsibility alone. For more information, please view the Risk Warning Below.

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