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Pillar (PLR)

Market Cap

$7,944,320 USD

Volume (24h)

$2,393 USD

3.6
SAFETY

Ranking factors:

  • Markets

    How many exchanges are there to trade this coin?

    Pillar Markets Rank: 3/100

  • Volume Ratio

    How actively is this asset being traded on the market?

    Pillar Volume Ratio Rank: 1/100

  • Market Cap

    The total cost of all coins available.

    Pillar Market Cap Rank: 91/100

  • 24h Change

    Is the price moving up or down?

    Pillar 24h Change Rank: 50/100

  • Social Following

    How many users are following this coin?

    Pillar Social Following Rank: 75/100

  • Google Trends

    How many users are searching for the coin?

    Pillar Google Trends Rank: 1/100

  • Twitter Citation

    How many users are talking about this coin in Twitter?

    Pillar Twitter Citation Rank: 38/100

  • User Voting

    How popular is this coin among Cointobuy community?

    Pillar User Voting Rank: 94/100

Pillar investment analysis

This is a blockchain project that aims to give citizens all over the world the keys to their own data. With data breaches becoming common place and misuse of users private data by corporations, social media and government institutions of users private data running rampant, many have simply had enough.

In their proposed solution PILL would act as a locker. Users can store their information in a wallet, and then retain access to their own private key. While applications could then request to use certain data, that data can be revoked or changed at any time at the discretion of the user.

It's likely that the need for privacy in the future will force a service such as this to exist. As citizens worldwide become more aware of the way their private information has been mistreated and identity theft and fraud increase, it becomes apparent that a Pillar investment might be a great step forward for reclaiming these rights.

The application is capable of storing any information that may need be protected like names, addresses, credit card numbers, phone numbers or other items you may wish to regain control of. All of which is shielded by high-level encryption.

current price
$0.030632
Potential Profit

The tool analyzes each currency for the 6-month historical price data, searches for possible patterns and showing possible profit rate in the coming months.

+61.1%
Potential Price

The tool analyzes each currency for the 6-month historical price data, searches for possible patterns and showing the possible price in the coming months.

$0.049362
Rankings

The current coin position in cryptocurrency rankings by Safety Rank and Potential Profit.

241/2012
by Safety
1679/2012
by Profit
historical data

How to buy Pillar?

Investors have the ability to buy Pillar on several decent volume exchanges. While most of the very popular options are absent here, there is still ample trading volume to make fast and efficient trades. Bitcoin and Ethereum are most viable trading pairs available, and it's likely that you'll be able to utilize either for your exchange.

This is an ERC20 token, and as such, you'll need to store it in a compatible Ethereum wallet for safe keeping. There are a ton of reputable wallets which will work well for this purpose, however, if you need to acquire one then a few fan favorites include My Ether Wallet, Coinomi's mobile wallet option, hardware wallets such as Ledger or Trezor, or MetaMask for web browsers. Be sure to immediately back up your wallet file or seed when you get a new wallet.

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Is it safe to invest in PILL now?

The amount of services, web pages, businesses, social media services and records of your data are staggering. It seems it's near impossible to contain it all, which is troubling when it's so easy for your identity to be stolen with a surprisingly meager amount of information.

With tidbits of consumer activity becoming the most valuable resource to corporations, they often harvest this sensitive resource with little regard for the people whom they have taken it from. Often the methods through which this harvesting is done is not very transparent and some people may not even be aware exactly how the information is being used. With PILL, these intentions will be forced to be clarified.

By viewing the Pillar analysis we can see that they have excellent ratings in social media presence, market cap, and the search trends sections. In fact, it looks as if they are exactly where they should be in terms of marketing and awareness of their project. The biggest shortcoming here is that their markets section is still rather paltry.

However, as this asset ages, it's likely that they will be picked up by more exchanges to flesh out this section of their ranking. Should you choose to invest in PILL, it's likely that the new volume from these listings will boost your investment.

In closing, Pillar delivers a product which will likely be needed in the future. It's been made clear that corporations can not be trusted with the access to consumer information which they have now. By utilizing the content locker, users will be able to put a healthy barrier between themselves and these entities.

In addition to protecting users information, it will also turn accounts into a protected, universal hub which can be used across all avenues. It's also a wallet which can store and protect cryptocurrencies as well. Pillar offers an interesting and innovative platform, and in the future, you may find that blockchain startups such as this are the only ones who will give people the privacy they deserve with the convenience that they demand.

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