Jibrel Network (JNT)

Market Cap

$31,634,880 USD

Volume (24h)

$284,980 USD

3.2

SAFETY

ranking factors

Markets

How many exchanges are there to trade this coin?

Jibrel Network Markets Rank: 5/100
Volume Ratio

How actively is this asset being traded on the market?

Jibrel Network Volume Ratio Rank: 1/100
Market Cap

The total cost of all coins available.

Jibrel Network Market Cap Rank: 89/100
24h Change

Is the price moving up or down?

Jibrel Network 24h Change Rank: 47/100
Social Following

How many users are following this coin?

Jibrel Network Social Following Rank: 75/100
Google Trends

How many users are searching for the coin?

Jibrel Network Google Trends Rank: 1/100
Twitter Citation

How many users are talking about this coin in Twitter?

Jibrel Network Twitter Citation Rank: 1/100
User Voting

How popular is this coin among Cointobuy community?

Jibrel Network User Voting Rank: 90/100

Jibrel Network investment analysis

Jibrel Nework investment started its initiative back in early Q2 of 2017, it’s one of those rare opportunities out there in blockchain-frenzied ecosystem trying to address major bottlenecks limiting the viability of tokenized assets in the traditional financial world.

From the project’s viewpoint, time delays and fees caused by wiggling between different exchanges and payment processors, opportunities to diversify digital coins into physical and traditional holdings, the exposure to security and fraud risks and the design-use of most digital assets beyond architectural purposes are still some of the outstanding problems causing a huge deterrents to mainstream financial and economic prospect even as against the impressive progresses cryptocurrencies have made so far within their short time of existence.

The proposed solution to the problems envisaged is to leverage existing infrastructures and build a connecting protocol through which the different worlds of investments – the crypto and that of the traditional can seamlessly benefit an encompassing group by exploiting their independent advantages.

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$0.197718

+131.6%

$0.457847

305/819

by Safety

698/819

by Profit

How to buy Jibrel Network?

The token has a market seat on about 6 exchanges with trading pairs including BTC, ETH, and USDT. Out of the 10 markets where JNT is being traded, USDT has more trading volume on one of the exchanges. Some of the services are becoming prominent in cryptocurrency space and are adopting typical characteristics of the top 10 exchanges by trading volumes.

Therefore, it shouldn’t be so hard for investors or traders to find this coin on their listed exchanges. To buy Jibrel Network’s token, however, you must have exclusively the aforementioned cryptocurrencies, that is, BTC, ETH or USDT. If you’ve been a consistent trader, it shouldn’t be difficult to trade in other assets for any of these three.

JNT is an ERC20 compliant token and therefore can be stored off the exchange using myetherwallet or metamask, more so, they have also released their alpha jwallet, a web wallet which can also be used to store their token.

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This cryptocurrency project is aiming to build a financial system that is capable of eradicating some of the long-standing errors in decentralized economies. The major concerns revolve around building strategic bridges between traditional economies and crypto-economy.

At first, they use the Ethereum blockchain to separate miners’ fees from multifunctional uses of crypto assets – which according to them is a problem, unlike the traditional financial systems which have different instruments for different functions.

Then they create a system whereby they tokenize traditional financial assets to create tethered tokens which they plan on releasing six fiat currencies upon deployment and subsequently add more financial instruments in the future.

More so, the subsequent architectural layering is compounded in such a way as to provide an efficient on-chain and off-chain event symmetry. What this means is that the cascade of smart contracts in the network will have a form of hierarchical function on the public chain while transactional, investment and hedging functions of the tethered assets will find wider expression from the wide array of development templates and prospects which are intended to promote the use of these tethered assets.

This token had only been trading for a few months before this review was written and has so far shown some impressive potential since it began listing on exchanges. Different indicators serve as incentives to invest in JNT at this current time.

If we were to consider its ICO price which was $0.25 USD/JNT and now trading well above $0.4 USD/JNT within these few months of existence, and also considering its all-time high and its all-time low, it clearly has shown a profit potential of over 293%.

While this is not so peculiar, as many cryptocurrency projects are able to achieve this feat using pump and dump mechanisms, however, the peculiarity of their trading log reveals that the asset is undervalued, as it hasn’t changed that much from its initial listing price to current price.

Moreover, its price dynamics isn’t showing much deviation from the expected volatility index of general cryptocurrency nature. So one could expect that the coin should become more rewarding as its potential continue to unveil within the crypto sphere.

An overall Jibrel Network analysis should suggest that this is invariably a new niche of financial investment, while what they bring to the table as solutions to major bottlenecks of cryptocurrencies going mainstream is not novel, the approach is indeed unique to their platform. More so, investors should observe due diligence as this is no attempt to provide investment advice.

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