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NavCoin has had an interesting run recently. First launched in 2014 NavCoin never quite seemed to be able to catch a break. The tech team implemented a number of technical features that boasted truely private transactions and a nicely decentralized network, but it always seemed fall short on the markets. There are a plethora of reasons for this short-change in value, but educated traders still had difficulty pin-pointing its continued under performance. With the rise of Monero, the need for truly private transaction protocols has become ever more apparent, and with this surge in desire for privacy is the chance NavCoin has been needing. Up 64% today and rising, this seems to be the now or never stretch for NavCoin to succeed!
I think this huge spike in price has gotten NAV a ton of attention but its going to pull back quite a bit in price from these highs. I think it has a lot of potential for the long term though.