As you may or may not be aware PIVX is one of the hottest cryptocurrencies at the moment. Formerly known as Darknet, the coin has risen from around 9 cents a week or two ago, to sitting comfortably above 60 cents! Whilst there were suggestions at the start that this was mere 'pumping and dumping' by people looking to make a quick buck, it now seems pretty clear that there is more to PIVX than pump!
Unlike most alternatives, PIVX has successfully implemented PoS (Proof of Stake) meaning that it does not require the resource-intensive process of mining in the same way that other coins do. It's also a fork of Dash, and well, we all know how well that has done recently!
My prediction is that we are going to see a huge change in the crypto landscape this year. I believe Bitcoin will lose it's dominance, and we will see one or two other coins capitalise. I genuinely believe PIVX to be one of these.
What does everyone else think? Are there any other coins tipped for success?
As always, click through to my profile here: @jhcooper7
Follows, questions or comments are all appreciated!
photo source: https://pivx.org/news/