Particl (PART) Developer Activity is Not Matching Cryptocurrency Coin Price
Particl Suffers a Major Disconnect Between the Developer Activity and Coin’s Market Cap
Particl is no stranger to shocks in the last few months. The price of the Particl (PART) tokens peaked on July 23 at $6.01/0.00078748 BTC. After this peak, the price started sliding. The bottom of this dip was reached on August 23 when the price reached $2.83/0.00044933 BTC.
What Trader Farhadjafarov7 Had to Say About the Coin
Trader farhadjafarov7 said that most people who knew him as a trader knew that he loved reversals, whether they were upward or downward. He said he has been watching the Particl coin on Bittrex. According to him, it has good volume and has had a strong reversal pattern. He concluded by saying that this coin was a great coin to buy and HODL in anticipation of a possible bull run.
Particl is an open source privacy-focused blockchain/P2P ecosystem, which hosts various DApps and uses a native crypto coin. It allows DApps of all types to be hard coded using it scalable and secure environment. Besides that, all DApps can be directly integrated into the Particl Desktop.
The Particl project was created on the Bitcoin codebase, to which updates are often made with every release. The project has a vision of creating a decentralized, private, and trustless economy that is supported by its native coin PART. The Particl platform is run by the Particl foundation. This is a non-profit organization registered in Zug on July 2017.
Features of the Platform
The PART currency is private. This means that transactions cannot be traced to the original user. Besides that, the community is governed via three proposal mechanisms:
- Improvement Proposals (PIPs)
- Opportunity Proposals (POPs)
- Requests for Proposals (RFPs)
Particl is currency-agnostic; this means any crypto owner in the world may benefit from the privacy, security, and DApps. It is also protocol-agnostic, scalable, and gives you a passive income thanks to the PoS algorithm. Additionally, it features privacy smart contracts, offers better fund mobility, and has been reviewed academically.
Particl is a DApp hosting platform; it, of course, intends to have its own DApps. The first official Dapp on the platform is the decentralized marketplace where users may buy, sell, and trade services and goods in a P2P fashion. This marketplace eliminates all middlemen from the commerce process. It is just the start. Particl has a vision of creating a democratic, decentralized, and private economy.
About The PART Coin
PART is a platform’s native coin. It is a privacy coin that uses bleeding-edge technology such as RingCT, CT, Segwit, Bitcoin Codebase 0.16 and much more. It can be used on the internal marketplace to trade products.
This coin may also be held in the wallet for staking. Particl is implementing an advanced cold staking, which does not need the staking wallet to be online at all times. The main wallet, the Particl Desktop, is feature rich. It lets you access all the in-development and available features. There are other three wallets called Particl Core Qt, Particl Copay, and Particl-cli. Each of these wallets comes with some unique features.