PeerCoin is seeing renewed interest over the last few months. If PeerCoin can break out, it may face little resistance towards previous highs around $7.5. It will be interesting to see if it breaks resistance at approx. $2.45.
PeerCoin was the first cryptocurrency to implement Proof of Stake in a combination of Proof of Stake / Proof of Work, paving way for many of the more successful newer coins.
Link to chart on TradingView.com:
https://www.tradingview.com/chart/PPCUSD/HPSUps6T-PeerCoin-Set-for-a-Comeback-PPC-USD/
Oh yeah, I think Peercoin is itching to jump back into the game! I have a bunch stashed away for when it does
Oh yes, Peercoin is going places. People haven't figured it out yet, but they soon will. :)
Peercoin seems to track Bitcoin at the moment, so if Bitcoin goes down, Peercoin falls too (which is true of many coins)
That won't always be the case though. Peercoin's future is going to be really interesting.
Yes, I agree. Peercoin has some potential in real terms that many altcoins and tokens don't.
I have always liked Peercoin with its innovative POS system, taking a different approach to building decentralised trust than Bitcoin's POW.
It has a fairly liquid market at BTC-E.com for quite a few years already and there is an active and devoted team working on steadily developing this coin further. I really hope Peercoin will share in the wave of enthusiasm for crypto currency. It would be well deserved.
Peercoin passed $3 on Chinese exchanges today!
Good post. Good to see I'm not the only one that is thinking about this. Buy and hold for the upcoming 2 to 5 years and the market will find it's way. We do need more indept investment analysis. An interesting website I found: https://www.coincheckup.com Since I use this site I make so much less basic investment mistakes. For example: https://www.coincheckup.com/coins/Peercoin#analysis For the Peercoin Indepth analysis.