ICON, and WanChain Record Massive Gains Despite Low Bitcoin Volumes

August 27, 2018

 

 Tokens have recorded massive 20 to 40 percent gains on August 26 while major cryptocurrencies like Bitcoin and Ethereum maintained their low price range. Bitcoin has remained relatively stable in the $6,700 region in the past 24 hours as Ethereum, Bitcoin Cash, Ripple, EOS, and Stellar all recorded slight losses in the range of 0.5 to 1.5 percent. Unexpectedly, the price of ICON, Ontology, WanChain, Nano, WaltonChain, and Aion surged against both Bitcoin and USD. Against Bitcoin, Nano, Dent, and ICON recorded 33.5 percent, 33 percent, and 20 percent gains respectively, as the three best performing cryptocurrencies of August 26. Historically, at least throughout 2018, tokens have followed the price trend of Ethereum, Ripple, and EOS, with intensified movements on both the upside and downside.Yet, on August 26, despite the slight decline in the price of EOS and Ethereum, tokens have recorded a 5 to 10 percent rise in value on average.The surge in the price of ICON, the second best performing cryptocurrency of the day, can be attributed to the team’s plan to buy back $5 million worth of ICX in the short-term, which the ICON team disclosed as one of their several initiatives of 2018.

Read more...

Share on Facebook
Share on Twitter
Please reload

Featured Posts

#Binance Adds #BTT/PAX, BTT/TUSD and BTT/USDC Trading Pairs

February 14, 2019

1/3
Please reload

Recent Posts
Please reload

Beginner's Bitcoin Buying Guide

Learn how to buy

bitcoin with this free step by step guide for  beginners.

Click here to read

Please reload

Archive

© 2018 by TheCryptoCoinCenter.com  - email  us: TheCryptoCoinCenter@gmail.com

Terms of Use and Privacy Policy Disclaimer: Most of the articles, ratings, and reviews are posted because we are compensated in some way.

Follow Us
  • Facebook Basic Square
  • Twitter Basic Square