VAULT Cryptocurrency Investments Weekly Update #X — Happy 2nd Birthday VAULT Coin!
Happy Birthday VAULT!!!
If you go to this website, https://99bitcoins.com/deadcoins/#nnbitcoins-deadcoins-list, you will find 1,647 dead cryptocurrencies. The sad thing for me is that I owned several of these altcoins. Many cryptocurrencies made a lot of promises but quickly fizzled out and were proven as frauds or scams.
Today if you do a quick review of masternodes.online, the most comprehensive masternode coin stats site, you will find that only 21 of the 227 coins listed have a value of over $1. And only 6 of 227 masternode coins are worth more than $5 per coin. One of these is VAULT. This month, VAULT celebrates 2 years in the masternode space and is stronger than ever.
It takes a lot for an altcoin to survive and hold its value for 2 years. It is even harder for a masternode coin to accomplish this. VAULT is one of the few coins that can still say it has outperformed Bitcoin year to date. Bitcoin is up 265.3% currently and VAULT is up 381.7%. How has VAULT been able to thrive and succeed over the last 2 years?
If you ask VAULT Investments founders Ian and Jules, they will say it is because of the excellent team and phenomenal leadership it provides. The analytical investor will point to the tokenomics of the coin and highlight its scarcity (currently only ~404,000 coins in circulation and 3,000,000 total supply), low emissions (~30% ROI), established use case, Minimum Guaranteed Price, BTC% program, etc. And VAULT customers, investors and team love the innovative, easy to use shared masternode hosting platform.
VAULT continues to thrive and the fact that it is still going strong after 2 years is a credit to the skills, work and innovations of the team, and the trust and value given by its customers and investors who drive and sustain VAULT and made it the success that it is. Thank you VAULT coin investors and VAULT platform customers for an amazing first 2 years and we look forward to many more to come!
VAULT Crypto News this Week
Update from the 4th VAULTility VAULT Reserve Board (VRB) Meeting
The VAULT Reserve Board concluded its scheduled monthly meeting to discuss and decide the Minimum Guaranteed Price (MGP) for the next MGP period. Even though BTC and the market FUD-crashed over 50% this month, VAULT held strong and far above the MGP of 10,500 sats. MGP is the safety net and not the price investors typically sell at. The market or trading prices have ranged far above our safety net!
Ian proposed holding the MGP at 10,500 sats until June 24th, and after discussions, the VRB agreed.
The current status:
VAULT MGP 10,500 sats until June 24th 2021
Currently 95%+ of VAULT coins are locked in CRYO
Public VAULT Reserve 600%+ AUM
You need 500 CRYO VAULT for VAULT Investors, and 1000 CRYO VAULT for VAULT Club and VAULT Reserve Board
Coin Swapping Feature was Introduced
VAULT Coin’s Market Performance This Week
The price action was fairly stable for VAULT this week. We saw the high at $6.08 occurring last Saturday. We had a low of $5.16 on Friday. We closed out the week at $5.67, down from $6.01 last week for a correction of -5.7% for the week.
We saw an average of $4,151.46 traded daily. This held above the $4,000 daily level and is below last week’s number of $5,371.28.
We saw 100% of the trading volume this week occurring on CREX24. The Minimum Guaranteed Price buy wall of 1,000 VAULT at 10,500 Satoshi continues to be well-protected by investor demand, with orders currently totaling 993.17 VAULT above the wall. Current price is 14,599 Satoshi (0.00014599 BTC), below last week’s closing price of 16,596 sats (0.00016596 BTC).
In addition to the platform, products, use and demand, VAULT continues to benefit greatly from being tied to Bitcoin. This week we saw BTC rally 3.4% as it attempts to regain its recent losses.
Bitcoin (BTC) Update
Happy Birthday VAULT!
It has been an eventful two years. I wanted to do a quick review of VAULT’s journey so far and look forward to what might be in the future.
On Wednesday, June 5th, 2019, a new coin was introduced by a group of developers. Their vision was to create a masternode coin that would grow and retain value initially by serving as the native cryptocurrency on their new shared masternode hosting platform for its first use case. The initial price was 0.00297214 BTC, which was $38.28 at the time.
After 1 month the price had settled down and was at 0.000449 BTC or $4.42. VAULT was promoting its CRYO feature as a way to prevent the dumping of masternode rewards.
VAULT offered ice drops on several coins and hosted existing and new coins with exciting potential for generating passive income. VAULT ended 2019 with a value of 0.000259 BTC or $1.86 on December 31.
New programs and Discord chat bounties stimulated a lot of interest in VAULT in the early days of 2020. The VAULT whales project was introduced and incentives for owning a VAULT masternode were developed. These programs stimulated a lot of buying and VAULT saw an increase in value. There was a push to get 1 VAULT masternode to equal 1 BTC. This goal was achieved on Monday, February 3, 2020, when VAULT shot up to 0.00111087 BTC. VAULT went on to reach a value of 0.00169477 BTC ($17.19) on February 8, 2020.
The power of FUD hit VAULT in late February of 2020. Two major projects hosted on the VAULT platform were abandoned by their developers and the VAULT team was left scrambling trying to help revive and sustain these projects and recover some value for their investors. VAULT did not own these projects and had no affiliation with them other than hosting the masternodes on their platform. The collapse of the projects did create FUD nonetheless and by the end of March 2020 during the COVID-19 pandemic cryptocurrency market crash, the price of VAULT was 0.00014684 ($0.99).
The 2020 low of 0.00008013 BTC ($0.699) was hit on May 22. VAULT had a great rebound and saw its value increase to over $4 in late August 2020.
Key development and innovation for VAULT occurred in October 2020. At this time a silent investor joined the VAULT team and he is a financial expert with experience in mergers and acquisitions and an early Bitcoin investor. With his expertise and input, the innovative concept of VAULTility with a Minimum Guaranteed Price (MGP) was developed. This concept tied VAULT to BTC in value and gives investors assurance that VAULT has a Minimum Guaranteed Price of currently .000105 BTC on exchanges.
https://vaultility.vault.investments/
The MGP is backed up by VAULT reserve fund holdings of 5.9 BTC held in a public BTC address. Additionally, 0.1 BTC buy walls were placed on both of the exchanges VAULT is currently traded on.
The timing of tying VAULT to BTC turned out to be perfect as BTC went on a tear to over $60,000 in value. On May 9th, 2021, VAULT reached a value of $10.22. The value has fallen as BTC has suffered from all its recent FUD. VAULT is in a great position to shoot up with BTC in the future, and having a stable value and Minimum Guaranteed Price in BTC is a tremendous feature that sets VAULT apart from all or almost all other altcoins.
Cryptocurrency News This Week
May Was Not a Good Month For BTC
Bitcoin Closed May as the Second-Worst Performing Month With a 35% Drop
Bitcoin Dumped to $36.5K as $100 Billion Wiped From off the Market (Market Watch)
Will Elon Ever Shut UP?
Justin Sun Agrees With Elon Musk’s Concerns Over Bitcoin’s Carbon Footprint
The Bitcoin Effect: Social Sentiment on Elon Musk Turns Negative After Tesla Disallowed BTC Payments
Elon Musk is Back Brokenhearted … And Bitcoin Takes Another Hit
Elon Musk Killed Bitcoin’s Bullish Week: The Crypto Weekly Recap
Bitcoin May be Legal Tender in El Salvador Soon
Revolutionary: El Salvador On Its Way To Adopt Bitcoin As a Legal Tender
India Still Not Sure About BTC
RBI Has Conveyed its Cryptocurrency Concerns to the Government, Says Governor
Cardano Doing Well
Cardano Price Analysis: ADA Breaks Crucial $1.80 Resistance And Sets Sights At $2
Even Billionaires Can Fall Prey to Scams
Apple’s Co-Founder Steve Wozniak Loses Bitcoin Scam Case Against YouTube
VAULT Crypto Portfolio Tracker
I wanted to give you a running tally of what you could potentially be earning with VAULT. The example I’m using is holding 1 CRYO VAULT masternode with 0.1 BTC invested in the BTC% program.
https://bitcoin-interest.vault.investments/
I wanted to show you what kind of returns you could be earning weekly and cumulatively.
1 VAULT masternode of 1000 VAULT with current 28% ROI generated 5.38 VAULT this week for a total of 55.14 VAULT over the past 10 weeks. Total is now 1055.14 VAULT. The total dollar value earned was $312.64 at VAULT’s current price of $5.67. The total BTC value at VAULT’s current price (0.00014599 BTC) is 0.00804989.
Investing 0.1 BTC in the BTC% program earns you 11% APR, giving you a weekly return of 0.00021089 BTC. Over the last 10 weeks, this would be worth 0.0021089 BTC or $81.52.
The total value of your potential returns over the past 10 weeks would be $394.17 or 0.01015879 BTC.
We Are Here To Help You DYOR (Do Your Own Research)
I hope this weeks lesson in VAULT history has given you some new knowledge. If you have any questions please feel free to contact me Bobtilladhun on Discord (rmcowherd@icloud.com) or any team member on the VAULT Discord server:
Ian|VAULT.Investments#4786
Jules|VAULT.Investments#7692
CM| VAULT.Investments#4777
Flowguy81#9906
cryptosmith#9920
Bobtilladhun#8522
fivedaywait#7565
Harris|BITBUZZ#0043
VAULT Global Ambassadors
We want to again invite people to become a VAULT Ambassador. It is a great way for us to spread the great news of VAULT investments to everyone around the world.
We welcome Nick | VAULT.Investments to our growing VAULT Global Ambassadors team, which includes:
kikiriki#9227 — Greece
CryptoEva[Own CS Team]#3733 — Bangladesh
bevan honas#7388 — South Africa
Farting Rocket#0302 — France
wltjnes1#1227 — Nigeria
Long Miguel#6762 — Vietnam
This is not financial advice. VAULT Investments provides a service to its clients and is not responsible for projects listed or featured in its platform or ecosystem. Users should always DYOR. Invest at your own risk!