Coins to Watch July 16 - July 22, 2018
Coins to Watch July 16 - July 22, 2018
Stellar Lumens (XLM)
Stellar Lumens is a crypto platform that’s designed to enable the fast and secure transfer of money at a low cost. It is intended for individuals and enterprises and Stellar also facilitates cross-border transactions and low-cost remittance payments. Stellar launched in 2014 and makes use of the XLM digital currency across its network. As one of the older and more respected currencies in operation, XLM received a boost as it was named as one of the currencies Coinbase is looking to integrate in the near future. The market responded positively to this news, as many see XLM as a likely addition. This development should help to create a bullish sentiment around XLM for the next week or two, and the XLM is currently trading at a price of $0.21.
VeChain (VET)
VeChain is an enterprise-focused dApp and ICO platform that connects blockchain technology with real-world infrastructure such as IoT. VeChain is seen as a leader in supply chain management and purchase verification and the team has outlined their plans for the VET token swap. After announcing the birth of VeChain Thor the team has been working on the VeChainThor wallet migration and token swap, and the Exchange VeChain Token swap is scheduled to become available on July 20, and VET on VeChainThor (after 1:100 split) starts trading.
The VeChain team recently released the following outline:
The VeChainThor Wallet releases, July 9
X Node Binding Service from July 9th until 10 days after the VeChainThor Ledger app is available for migration.
Exchanges providing token swap services from mid-July.
The mobile wallet token swap service starts on the same day that the X Node Binding Service ends.
X Node monitoring will resume roughly three weeks after the mobile wallet token swap service is available.
The VeChain Foundation will also backdate and compensate VTHO to token holders for the X Node binding and token swap period as the entire migration timeline is completed. VET is currently trading at a price of $1.95.
Wax (WAX)
WAX is a blockchain-based gaming platform and ERC20 token that facilitates peer-to-peer trading of in-game items such as skins and other virtual goods. The decentralized platform enables anyone to create and operate their own virtual marketplace without needing to invest in security or payment processing protocols.
The project is backed and developed by the founders of OPSkins, which is the leading marketplace for online video game assets, and the Wax team are taking part in the 2018 Comic-Con event in San Diego, USA from 18 to 22 of July. Comic-Con is a high profile event that will result in the project gaining a significant amount of attention and any positive announcements may see the WAX token appreciate in value. WAX is currently trading at a price of $0.12.
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