Next Generation Mainstream Currency -LUD
Recently, the once silent bitcoin has shown a sharp rise. The price has experienced a rise of nearly three months, especially the doubling of increase in the last two months, all the way to approximately $ 8,600, and even boarded the hot search list.
Insiders pointed out that ups and downs are the survival logic of Bitcoin, and the risk of bubbles cannot be ignored. The main reason caused this increase is uncertainty of global trade and the situation in some regions.
BTC’s return to the high point is called “the never be defeated one”
Since the beginning of the investment in bitcoin in 2015, investors have experienced a historical high of nearly 20,000 US dollars, and also have witnessed the tragic decline of more than 3,100 US dollars. Today’s market is undoubtedly bringing new hope to the long-lost market.
In fact, Bitcoin presents the best performing asset on a global scale this year. According to the Huobi, shows that the unit price of Bitcoin started from around $3,487 on February 9th. The biggest increase was about 7% on the day, and the high price reached $8343 on May 14th. The increase in the three months was close to 140%. On May 17, there was a short-term decline, with the largest decline of 11.3%. After that, the price stabilized and gradually recovered to around 8,000 USD.
It is worth noting that cryptocurrencies have recently shown a rising trend. According to the weekly data of Huobi blockchain industry, from May 13 to May 19, the market value of global blockchain assets rose by 21.76% from last week. Including the bitcoin, as many as 93 projects in the market value of the TOP100 project have risen to varying degrees.
The third-party analysis platform coinmarketcap statistics show that as of May 19, the global market value of blockchain assets reached 255.301 billion US dollars, which is roughly equivalent to Disney’s market value.
“Bitcoin is very interesting. From the current point of view, it may have more than one chance of price collapse. But it is like “the one undefeated” said by a well-known financial analysts in the industry with emotion.
The cryptocurrency market is generally rising, and the mainstream currency is about up to 70%.
In the world of cryptocurrency, there is a common line, that is, “the top 10 in the market value.” When we enter this threshold, we are used to calling it “mainstream currency”, but there is no such honor outside this.
Along with the lead of Bitcoin, a number of platform coins followed, and the currency circle rose after the market was activated. Whoever mentions this round of mainstream currency, many people will think of XRP. XRP is the first major currency to rise after the market is activated. In mid-May, even senior investors in the industry released “XRP, reached 5 times”.
And the most controversial in the world of mainstream currency is also Ripple.
Why do you say that? Because in essence, Ripple can’t be a blockchain. It is completely undecentralized, Ripple founders hold 20% of Ripple, and can be added or destroyed with will. Co-founder McCaleb expressed the different opinions, ‘left Ripple and joined Stellar (XLM)’.
So why is Ripple able to occupy the top three positions in the rankings for long time?
Just because its vision is worth looking forward to, what it wants to target is Swift — the settlement system for internal banking international transfers. Unlike the general blockchain project that wants to “subvert” the traditional economy, Ripple directly chooses to cooperate with the bank and get relevant investment in Google, IDG, Softbank, etc., with a board of directors with luxurious qualifications. It’s more like a big company that just mixes into the blockchain team, not just a simple digital currency.
Swift, which will create the blockchain, as the Ripple in the direction of exploration, still has unlimited potential in the future. We can also firmly believe that XRP may still be favored by big capital in the bull market.
LUD, as same investees with XRP will soon be on the major coin stage
Ludos is the third blockchain project invested by Softbank following XRP and PAI. It is a decentralized global game ecosystem based on multi-sidechain and cross-chain technology and consists of three parts: the underlying protocol stack, the developer tool set, the decentralized game eco DApp and the economic incentive system.
At present, mature applications for users already are LUD Pay wallet and Ludgame game platform. Since its establishment in August 2017, Ludos has continuously improved the underlying infrastructure of the project and officially landed on the “Bibox Star Program” on April 22, 2019. LUD Token also officially launched for fans all over the world.
Ludos wants to turn the world of “Top Player” into reality. In the vision of Ludos, gamers only need a private key to play all the games in the world. The hard work and wealth of each game can be moved to other games. Adhering to this corporate vision, LUD has been on the line of Bibox, the price of digital currency has been higher than the purchase price of early participants, and the highest point has soared 400%, making users of Ludos at domestic and abroad excited.
Recently, Mr. Kobayashi, Director of the Planning Department of Yokohama Bank of Japan, and Ludos reached a strategic cooperation agreement and officially incorporated LUD into the Yokohama Bank payment system. In the late 2019, LUD will meet with Japanese users as the first digital currency introduced by Yokohama Bank. Mr. Kobayashi said: Yokohama Bank will embed Ludos’ technical agreement to carry out the entire banking system for the traditional financial industrys for speeding up and optimizing.
With the popularity of LUD in Japan, LUD becomes the stage of mainstream currency are expected soon.
