Salt coin why you should buy .
Basically they're a lending service instead of credit score they use your Crypto as collateral for loans, credit score doesn't matter.
Some noteable people on their team - Erik Voorhees, Shawn Owen, etc.
Currently writing this salt is $12.13 USD (-0.46%)
0.00079580 BTC (-12.88%)
0.01379400 ETH (-4.28%)
Market Cap
$661,319,742 USD
43,389 BTC
752,090 ETH
Volume (24h)
$48,823,800 USD
3,203 BTC
55,525 ETH
Circulating Supply
54,522,948 SALT
Total Supply
120,000,000 SALT
they already have millions on millions of dollars wanting to be lent out (Source : Twitter)
The market pressure to increase closer to $25 will be enormous.
Also, They announced Crypto Credit cards coming soon early 2018
Sounds pretty ambitious but with a team like theres and the progress they've been making, It will definitly happen.
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Good points
even though it went from 2.50 to 10 its still expect to go up 15 dollars possibly all the way to 32 dollars and the lending aspect im glad i bought some earlier
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Credit hm.. how does it compare to ether credit and others?
SALT is about borrowing fiat, ETHLend about borrowing ETH. I really don't know what the usecase for ETHLend could be. Of course you could sell the ETH to fiat but have to buy back ETH then later and face another volalitily risk. basically salt loans cash eth lend does not
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