The cryptocurrency market is still mostly in the red today, in response to a few speed bumps. Yesterday, third-party apps at Binance[1] glitched and started exchanging investor tokens for Viacoin (VIA) without their consent. Russia and the SEC[2] made more strong public stances against cryptocurrency within the last few days further affecting the market. These circumstances have driven down the entire cryptocurrency market but not all coins are seeing losses today.
NEM (XEM)
Source: CoinMarketCap[3]
NEM (XEM) is leading the top 20 cryptocurrencies today, due to Coincheck’s current announcement. Last month, XEM plummeted[4] in price when the Japanese cryptocurrency exchange Coincheck got hacked and $530 million dollars worth of XEM was stolen. Two weeks later, Coincheck executives announced that they would be paying back its users $0.81 USD per XEM that was stolen. Investors would lose around 9% of value from before, but it’s better than nothing.
Coincheck just announced[5] that they will begin repaying the hack victims next week, causing the digital token to shoot up in price.
At press time, XEM is trading at $0.327 a coin, up 11.35%, in 24 hours.
Sirin Labs Token (SRN)
Source: CoinMarketCap[6]
There has yet to beany announcement about the release of Sirin Labs FINNEY products, but the company just announced a huge global celebrity that is now marketing for their team – Lionel Messi. Yes, that’s right – the world’s biggest fútbol star, Messi. The company tweeted[7] a picture yesterday of a video production scene with the hashtag #Messi. This announcement obviously has pushed the project’s token up in price, as it’s seen a downward fall since late January.
If you’d like to learn more about the FINNEY phones and computers, click here[8].
At press time, SRN is leading the top 100 cryptocurrencies by growth trading at $0.746 a coin, up 25.23%.
Ethereum Classic (ETC)
Source: CoinMarketCap[9]
Last month, Ethereum Classic (ETC) had a serious run-up in price and has big things in store for 2018. While there was no clear indication as to why the price of the coin spiked to almost record-breaking highs, its projected roadmap for 2018 looks promising. It is as follows[10]:
- Remove Difficulty Bomb
- Emerald Wallet for Mobile
- Release Dapp SDK (Emerald Project)
- Sidechains
- Enable new opcodes from ETH (compatibility)
- IPFS integration
- SputnikVM optimizations and JIT Compilation
- New improved statedb layer
Ethereum Classic is among the few cryptocurrencies today that are actually gaining on the market. At press time, ETC is trading at $23.29 a coin, up 7.21%, in 24 hours.
Featured Image: MyBucketList[11]
