The bull market in the cryptocurrency market has arrived! Digital gold NEWG welcomes new development trends

The bull market in the cryptocurrency market has arrived! Digital gold NEWG welcomes new development trends

As of the first week of January 2018, the total amount of funds in the digital currency market has rapidly increased from US$200 billion in the last week of October 2017 to US$800 billion. In just two months, the total amount of market funds has increased fourfold.

Looking at the recent period, almost all currencies have risen. According to incomplete statistics, 96 of the currencies with a market value of 100 are rising. The total market value of global digital currencies has risen by 20 billion US dollars overnight. Among them, Bitcoin, the engine of the digital currency train, is also rising. On the evening of April 20, the Bitcoin trading price on the Bitstamp platform once exceeded 8,560 US dollars, hitting a new high in nearly four weeks, and rose by more than 4% in the day. Although Bitcoin has fallen back to around 8,500 US dollars, it has still risen by more than 3% in the past 24 hours. Seeing this, many people believe that the bull market of digital currencies has come. The emergence of many favorable factors in the early stage has attracted a large amount of funds to enter the market, and the market sentiment and the main market have begun to pick up.

However, the market is a repetitive cycle. Although various digital currencies are currently on the rise, as time goes by, the bear market and bull market will cycle again. Industry insiders believe that if digital currencies can be applied globally and blockchain technology gradually matures, the entire industry will have more possibilities, and there will be new expectations for the future of digital currencies. Among them, digital gold, which has attracted much attention in the currency circle, is promoting the application scenarios of virtual digital currencies.

Last week, the official website of Digital Gold announced the detailed lock-up plan.

It is a plan launched by the Digital Gold team for the public for at least one year, with a lock-up target of 200 million digital gold. It is also a way of buying back the digital gold circulating in the market, hiring a world-renowned quantitative team, and adopting a batch-based payback method to lock up. The editor believes that after the lock-up, the amount of digital gold circulating in the market will be greatly reduced, and the resulting scarcity of digital gold is also a big benefit to digital gold users.

In addition, the official also said that participants in the lock-up plan will directly become Digital Gold VIP users, and can enjoy benefits such as phased returns, CDN revenue sharing during the lock-up period, and redemption of Digital Gold products. Among them, the CDN revenue sharing item successfully attracted the public's attention.

With the vigorous development of Internet applications, IP network traffic has grown rapidly. The access speed of servers can no longer keep up with the growing needs of users, and network congestion problems frequently occur. CDN acceleration services have become a panacea for solving network problems. They can distribute website content to nodes in different regions, shorten the distance between the visitor's host and the host storing the website content, solve the problem of reduced access speed caused by different operator lines, and resist large-volume attacks and ordinary attacks (such as injection). Therefore, in the future, CDN acceleration services will become a boost to the development of many Internet companies, and even become a "necessity" for every Internet company.

Digital Gold's CDN profit sharing is calculated based on the monthly CDN sales. Judging from the current CDN acceleration demand, this is undoubtedly an opportunity for those who participate in the lock-up plan. And this is only the first phase of the lock-up plan. With the development of its team, in the future, perhaps every participant in the lock-up plan can use CDN acceleration, and Digital Gold will also become a leader in the application scenarios of digital currencies.