POA Network (POA) Analysis

Market Cap

$3,910,724 USD

Volume (24h)

$704,492 USD

Top cryptocurrency services

Bot for automated trading Launch bot
Hardware wallet for holding Get wallet
Instant buy & sell coins Buy & sell
Casino for non-US players Play now
USA & UK friendly casino Play now
3.2
SAFETY

Ranking factors:

  • Markets

    How many exchanges are there to trade this coin?

    POA Network Markets Rank: 2/100

  • Volume Ratio

    How actively is this asset being traded on the market?

    POA Network Volume Ratio Rank: 18/100

  • Market Cap

    The total cost of all coins available.

    POA Network Market Cap Rank: 85/100

  • 24h Change

    Is the price moving up or down?

    POA Network 24h Change Rank: 50/100

  • Social Following

    How many users are following this coin?

    POA Network Social Following Rank: 60/100

  • Google Trends

    How many users are searching for the coin?

    POA Network Google Trends Rank: 20/100

  • Twitter Citation

    How many users are talking about this coin in Twitter?

    POA Network Twitter Citation Rank: 4/100

  • User Voting

    How popular is this coin among Cointobuy community?

    POA Network User Voting Rank: 52/100

POA Network investment analysis

Your POA Network investment is looking to build apps on top of the native Ethereum chain, only faster and cheaper. They do so by utilizing their offshoot as a side chain of the main ETH chain. This process reduces cost and increases speed and security.

Their platform is looking to solve the largest problem with the Etherum chain: scalability. They run on their very own algorithm called Proof Of Authority where block validators must go through a verification for the privilege of securing the blockchain.

They have the advantage of already having a working product, but I do have some concerns that Ethereum's upcoming Plasma network may render their solution obsolete based on the fact that their big brother has such a huge lead on them due to ETH's overwhelming market share, and the fact that many apps, even this one are already using the system in question.

How to buy?
POA Network investment price
$0.017762
POA Network expected 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.

+134.6%
POA Network 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.

$0.041669
POA Network Rating

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

444/2020
by Safety
1400/2020
by Profit
historical data

How to buy POA Network?

You can buy POA Network on at least one top-five exchange and a couple smaller ones as well. The Bitcoin trading pair holds most of the volume for this coin, but there is some liquidity for Ethereum as well if you would prefer to make your trades in this manner.

This is an ERC20 token, and that means you can store it in any wallet that will accept Ethereum style assets. There are lots of options for this, but if you need a suggestion then consider My Ether Wallet, Meta Mask or a Trezor hardware wallet to keep your investment in a safer cold storage type of solution.