pNetwork Project Overview + Chart Analysis (Bullish Wave Next!)
The pNetwork is a decentralized network of validators contributing to the verification of crypto asset switches across blockchains.
pTokens aims to be a decentralized open-source system facilitating cross-chain movement of assets.
As the cryptocurrencies industry continues to evolve, the development of alternative financial platforms is on the rise. A critical component for these to succeed is assets’ liquidity, which in the decentralized scene is currently spread across multiple independent blockchain protocols.
The pTokens system bridges a variety of blockchains, powering the free movement of crypto liquidity. These bridges are operated by a network of validators, whose role is to verify the cross-chain asset switch and to
guarantee the 1:1 peg with the underlying asset.
pTokens removes the need for a trusted intermediary by creating a crypto-economic incentive through a governance token.
The incentives mechanism is at the foundation of the pTokens system - the pNetwork Token (PNT) is leveraged to drive governance decisions, encourage community participation and adoption. While fueling validators’ activities, the PNT token is a key element of the staking method at the basis of the network.
Website: p.network
--
It took over 115 days for PNTBTC to show signals of a change of trend... That is almost 4 months before prices stopped dropping after hitting a peak.
We can now expect the same but in reverse... A long period of bullish action can take place.
The bearish wave was extended a bit longer than expected when it comes to the smaller altcoins but this is normally the case... It doesn't really matter how long it takes, you get a bullish wave after a bearish wave.
The trick is to know when to buy when to sell...
The market moves in waves.
Namaste.
pTokens aims to be a decentralized open-source system facilitating cross-chain movement of assets.
As the cryptocurrencies industry continues to evolve, the development of alternative financial platforms is on the rise. A critical component for these to succeed is assets’ liquidity, which in the decentralized scene is currently spread across multiple independent blockchain protocols.
The pTokens system bridges a variety of blockchains, powering the free movement of crypto liquidity. These bridges are operated by a network of validators, whose role is to verify the cross-chain asset switch and to
guarantee the 1:1 peg with the underlying asset.
pTokens removes the need for a trusted intermediary by creating a crypto-economic incentive through a governance token.
The incentives mechanism is at the foundation of the pTokens system - the pNetwork Token (PNT) is leveraged to drive governance decisions, encourage community participation and adoption. While fueling validators’ activities, the PNT token is a key element of the staking method at the basis of the network.
Website: p.network
--
It took over 115 days for PNTBTC to show signals of a change of trend... That is almost 4 months before prices stopped dropping after hitting a peak.
We can now expect the same but in reverse... A long period of bullish action can take place.
The bearish wave was extended a bit longer than expected when it comes to the smaller altcoins but this is normally the case... It doesn't really matter how long it takes, you get a bullish wave after a bearish wave.
The trick is to know when to buy when to sell...
The market moves in waves.
Namaste.
🔝 Daily Cryptocurrency Technical Analysis
followalan.com
🔥 PREMIUM Trade-Numbers (6-In-1 Offer Now Live!)
lamatrades.com (Since 2017)
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
followalan.com
🔥 PREMIUM Trade-Numbers (6-In-1 Offer Now Live!)
lamatrades.com (Since 2017)
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.