Gulden continues its meteoric rise , multiplying its market cap tenfold over the last month alone and rising into the top 25 cryptocurrency charts. The Dutch cryptocurrency has had a good year overall, growing from a market cap of about $400,000 at the beginning of the year, and rising to the $1 mln mark in early September. Since then, the currency has taken off, growing over tenfold in the month and a half since then to $10.5 mln at time of writing, almost $7 mln of that over the last week alone. According to Rijk Plasman , this growth has come mainly from users new to the cryptocurrency scene rather than hardened coin speculators seeking the next new plaything: “Our support inbox has been going crazy with questions, that’s a very good sign because it means we are getting in people new to crypto. And it shows that we are on the right track with making our apps as user friendly as possible. The team can’t wait to release the 1.6.0 version of our apps, we are currently testing it and it looks like an October release is possible. It is very easy to use, but packed with a lot of new and innovative features.” Gulden’s focus on everyday use The quiet rise over the last year of Gulden came without fanfare because of the currency’s relatively low media profile and focus on usability for everyday transactions. An early focus on adoption among merchants, mainly in the Netherlands, gave the currency a head start. A strategic partnership with the Nocks app , a payment system and exchange which allows users to instantly trade Gulden for euros or Bitcoin. The system’s zero-confirmation on the Gulden end means that a user can pay at a business that accepts Bitcoin or euros […]
