CNN isn't only a television network, but CNN stands also for Content Neutrality Network.
CNN's main market is located in India, one of the most populated countries on our planet. It is used on NewsDog, which is a news app of more than 50 million users, and 30,000 WeMedia user's. Newsdog stands for more than 10 languages, it has a GP rating of 4.4, averaged from 200,000 ratings and ranks the highest among Indian content APPs. NewsDog content community will be fully compliant with CNN mechanisms and models.
The CNN-based content ecosystem is built upon the copyright verification mechanism from blockchain and the unique Content Circulation Mechanism (CCM) from CNN protocol, which implements a decentralized repost incentive model to facilitate the spontaneous circulation of high-quality content, and avoid the flood of low-quality articles.
The token has been issued since the first quarter of 2018, now it comes to the phase of implementation and promotion. It has 60 billion coins in circulation. 1 million of CNN worths aprox. USD 180.00. On April 7th, its max value was USD 387, which means that the currency has decreased aprox. 60% from its peak. The current value has been maintained in the flat trend within the range of 0,000168 US$ per 1 CNN TO 0,00019 from April 25th.
As you can see from the previous chart head and shoulders formation has been reached around April 7th, and now the graph is reaching the base quotes.
What I can conclude from the technical analysis and market effort of this outstanding company is the forecoming bull run during this month. It's hard to predict the day of it but buying 1,000,000 CNN for 180 dollars is a very good price. Expansion just only inside of the indian market is worthy due to its 50 million users, plus it's important to notice that India has been considered for its strong position in IT industry and for the fact that the use of cash has been restricted in India.
My only recommendation: buy it and get it on Huobi exchange.
