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Highlights
- The Request crypto, which operates on the Ethereum protocol, is the utility token of the Request network.
- Operating as a decentralized payment system, the Request network allows users to send or receive money seamlessly and securely.
- Request gained 18.18% in the last 24 hours, with a massive 362% uptick in volume.
Since Request crypto’s (REQ) listing on leading cryptocurrency exchanges such as Coinbase, Binance, Huboi Global etc., the token is enjoying a bullish run. The Request crypto, which operates on the Ethereum protocol, is the utility token of the Request network – a decentralized payment system. As of Wednesday, the token is up 18.18% in the last 24 hours, along with a massive 362% volume gain.
The Request network allows users to send or receive money seamlessly and securely. It has no third-party oversight requirements, which reduces the transaction cost and enables the protocol to complete the transaction faster.
Also read: GreenMoon (GRM): Is this the right time to invest in it?
What makes Request crypto unique?
Founded by Christophe Lassuyt and Etienne Tatur, the Request crypto allows users to keep their account information private and ultimately controls the transactions. In the absence of third-party oversight, the network capitalizes Ethereum and IPFS for better security and privacy of the end-user.
A transaction fee is implemented to incentivize miners reach consensus on the state of the network. The network has managed to settle over US $40mn crypto payments in May alone.
Is Request a good investment for you?
Request crypto currently ranks 193 on CoinMarketCap. It is currently trading at US$ 0.2324 with a 24-hour trading volume of US$ 142,630,095.09. At the time of writing (BST 9:49 am), REQ was up by 18.18% in the last 24 hours. It also saw a massive volume spike of 356%, indicating an interest within the market participants.
Also read: Lost or Stolen Digital Currencies? Cryptohunters are on the Rescue!
REQ currently has a live market cap of US$ 232,420,661, with a circulating supply of 999.88 million coins.
As per market analysts, if one were to invest US$100 in REQ, it could return a handsome profit of around +301.34% in the next five years, provided the market forces stay positive. A US$100 investment could well turn out to be US$ 401.34 by 2026.
Request Crypto (REQ) price prediction
As per the market analyst, REQ could hit US$ 0.35 in the next year, if the current positive momentum is maintained and the entire crypto space navigates in the green zone.
Conclusion
The Request aims to compete with the likes of PayPal as the number one global payment system. Not just that, it seeks to be involved in payment lifecycle services such as IoT, B2B, government, etc. in the future.
The Request crypto seems to be a viable investment option on the face, given the bullish run it has enjoyed since August.
