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Iran's national cryptocurrency is ready to be launched, experts predict the collapse of the dollar system. Coin Gram may rise significantly after the start of sales.
A number of experts made similar statements about the problems in the US economy. The national debt of the country has already exceeded $ 21.7 trillion, which poses a threat of default in the near future. According to the head of Shape Shift Erik Voorhees, this will lead to an abrupt rise in the price of cryptocurrency.
His point of view is shared by Nouriel Roubini, who is forced to admit problems in the US financial sector. Although he is an ardent opponent of cryptocurrency, but the situation is clearly in her favor. As early as 2019, Americans will be forced to attract at least $ 1 trillion dollars of borrowing annually.
More about crisis of dollar
The preliminary stage of development of the national cryptocurrency of Iran has been completed. The technical side is fully prepared, and now Najafi is waiting for permission from the Central Bank of the country to make payments. It is expected that state tokens will first be tested by banks and financial institutions, after which they will be circulated.
In terms of sanctions, the country needs an alternative method of making payments, for which the blockchain was an ideal platform. Private individuals will not be allowed to buy and sell this cryptocurrency. The purpose of creating a new token is to circumvent sanctions and stabilize the banking system.
Experts from Hash CIB, an investment company, analyzed the cost of the Gram token after starting the Telegram Open Network (TON) blockchain. According to their forecasts, the price of one coin will rise to $ 5.9. In this regard, it is enough to recall that ICO Telegram collected $ 1.7 billion, and then the value of the token did not exceed $ 1.33.
There were only 175 investors in the private placement of a subscription coin, each of which contributed at least one million dollars. When the rest of the market participants are allowed to purchase, the demand for the asset will increase significantly. However, this will largely depend on the owners of the coins and their desire to get a quick profit.