Peercoin — Rise and Fall. Is it Rising Again?

By January 16, 2016Bitcoin Business

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 PeercoinCT r: 94 (PPC) has already quitted the stage. It is the fifth year of existence of this cryptocurrency which originates since the August , 2012. History of Peercoin price fluctuation

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 get rid of it at the price of $0.12 – $0.16 in the summer and fall of 2013.

In November Peercoin made a sharp rise and by the November 30th traders received $7.3 for one Peercoin. It gave the general capitalization of the coin of $153 266 894. Those who bought Peercoin until its entry into the exchange at the price of 10 000 Peercoin for one BitcoinCT r: 8 were especially glad — it allowed them to gain about $70 000 for one Bitcoin. Having drawn a double top on the price chart, Peercoin began falling continuously throughout all of 2014, and in January, 2015 Peercoin again reached the price of $0.42.

During the year 2015 the price fluctuated round $0.40 though there were tops like in July, 2015 when the price reached the level of $0.76. It inspired optimism in users of Peercoin. Now they hope to see new price records in 2016. What made it so interesting to use The reason for Peercoin’s popularity at first was the novelty of its technological basis. PoS allowed users to earn simply while storing coins. The mining of Peercoin is smoother and more […]

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