Populous rallied pretty hard yesterday. Most likely because the beta of the platform will be live for a select group of PPT holders to test it May 1st.
This rally is most likely traders looking to buy the roomer sell the news, but don't let that scare you. Long term I see Populous changing the financial ecosystem.
The biggest advantage to being a PPT token holder is that fact that you can make not only interest, but compound interest. A factoring loan generally lasts 1-3 months and the interest on it is around 1-5%. Imagine making 1-5% every 1-3 months. In the world of very low interest rates, thanks to the federal reserve's and other central banks QE programs artificially lowering them, this is a very attractive investment. The revenue and the returned capital can be continuously reinvested in invoices for a compounding effect.
Being able to make relatively passive income with the Populous tokens and gaining value from the increase in their price, granted the platform is successful, continues to make PPT a great crypto.
This is not financial advice.
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