Peercoin Price Surges After Peershares Developer Announces Release Date for Secret Project NuBits
After undergoing a decline for most of the year, the Peercoin price catapulted by nearly 40% in a single day. The impressive price increase followed the announcement of a release date for a secret project that will purportedly reduce Peercoin volatility. Many investors have placed speculative investments in Peercoin, but is this a good idea? CCN examines the massive Peercoin price rise to help investors make informed trading decisions. Peershares Creator Jordan Lee Announces Release Date for Secret Project NuBits. For the majority of 2014, the Peercoin price trended steadily downwards.....
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Last week, Peershares lead developer Jordan Lee announced his semi-secret project, NuBits, would release on September 23. He revealed few details about the project, but investors began buying Peercoin in anticipation that NuBits would increase Peercoin's value. However, once investors realized NuBits is an entirely new altcoin and will have little effect on Peercoin, the Peercoin price began to fall back to earth. CCN analyzes this altcoin price movement to help investors make informed trading decisions. Peercoin Price Falls Back to Earth. Peercoin. On September 15, the Peercoin price fell....
On September 23, Peershares launched NuBits, a digital currency developer Jordan Lee claims will remove the volatility associated with cryptocurrency prices. NuBits hopes to accomplish price stability by separating the coin's currency and voting mechanisms, which will allow developers to tie the currency's value to the value of United States Dollars at a 1:1 ratio. Lee believes NuBits will appeal to potential cryptocurrency users because it will allow them to know the dollar-value of their coins without having to perform mathematical calculations. NuBits Project Launches. NuBits. On....
NuBits is a new cryptocurrency from Peershares developer Jordan Lee. The coin's mission is to eliminate price volatility by pegging coin value to the value of the U. S. Dollar and adjusting coin supply to match investor demand. NuBits launched on September 23 with the goal of creating a currency with a stable price. NuBits accomplishes this by adjusting the coin supply to match investor demand, rather than letting the markets control the price. NuBits debuted fairly high on the coin market cap charts, and though the sample size is incredibly small, the NuBits market cap has remained steady....
Peercoin is often called the third cryptocurrency after Bitcoin and Litecoin. It even reaches $7 per coin sometimes. But along with that it has also fallen to $0.40 and below often, but has always found power to rise again. The PoS technology forever changed the cryptocurrency market, though Peercoin (PPC) has already quitted the stage. It is the fifth year of existence of this cryptocurrency which originates since the August, 2012. At the beginning of April, 2014 this coin appeared on the exchanges with an initial price of $0.38 - $0.42. Then Peercoin began falling and many were happy to....
Recently, the Anoncoin price experienced a huge increase as investors anticipated the long-awaited release of the anonymizing technology known as Zerocoin. However, the Zerocoin developer announced the project would take 2-3 months longer than anticipated. The announcement blindsided many investors, who immediately began liquidating their holdings. Also Read: Anoncoin Developer Speaks on Zerocoin Implementation. Anoncoin Price Crashes After Developer Delay. Anoncoin. On October 19, Zerocoin developer Gnosis made the announcement that Zerocoin would take longer than anticipated. I....