Even though some people doubted it, Creditbit is on the way to have a nice future moving forward. The value of CRB is on the rise, new projects are in development, and demand for the token is on the rise. The bigger question is when Poloniex will enable CRB trading, as it only appears to be a matter of time. These are quite exciting times to be a Creditbit token holder, that much is certain.
The Road Ahead for Creditbit
A lot has been accomplished by the Creditbit developers these past few months. Migrating the token to Ethereum was a big decision, but it has paid off so far. Being able to use all of the Ethereum technology will be quite beneficial to Creditbit in the future. In fact, the CreditDAO is in the final stages of development as we speak. Once this feature is released, things will be shifted into a higher gear.
Other projects are being developed behind the scenes as well. CreditIDENTITY will be a major breakthrough for Creditbit as a whole. Digital identity management services are in high demand right now, yet very few projects come even close to realizing it. CreditBAY will also be an interesting project to keep an eye on. That project will be announced in a few weeks from now, which is quite exciting.
While these projects are being developed, the demand for CRB is on the rise as we speak. With over US$1m in 24-hour trading volume, things are looking quite good. Moreover, the CRB price is on the rise again and now sits at US$1.30. A lot of people made a good profit from buying CRB while it was below US$1 not too long ago. We advised people to do so multiple times, and those who followed our advice will be quite happy with the result.
Although the addition to Bittrex is quite significant, it is not the biggest altcoin exchange. Creditbit needs to be added to Poloniex sooner rather than later. It is quite strange not to see this platform enable CRB right now, considering there is a high demand for it. Moreover, with the CRB price on the rise, all major exchanges should contemplate enabling this trading market. If Poloniex were to add CRB, there is no reason to think its value can’t go to US$2.5 or higher.