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Kyber Network (KNC) and OmiseGo (OMG) leaped by more than 73% and 32 respectively 5% to the announcement of the fattest cryptocurrency purse of South Korea, Bithumb integration.
Earlier this year, Storm, an Ethereum-based ERC20 token project that encourages users to pack microtacs, such spil displaying advertisements on mobile phones or conducting surveys, has enlargened by more than 100 procent. hundred.
Today, April 26, the KNC decentralized cryptocurrency exchange and the Ethereum-based scale solution for OMG finance have recorded massive gains te volume and ter prizes before registering on Bithumb.
The South Korean cryptocurrency exchange should list the two chips at 23:00 GMT + 8, about six hours straks. Bithumb’s 23h list means that the value of both chips has hopped overheen 100% due to the Bithumb announcement, before the coetáneo integration.
When integrating the two chips, the price of KNC and OMG could either leap further and record larger gains or tumble and demonstrate a steep discharge. Ter the case of Storm, the momentum of the token continued for several days after the Bithumb integration.
The Bithumb jackpot list can become a problem for cryptocurrency investors and for society itself, spil blockchain projects despairingly need to list their chips on the South Korean stock market to proefwerk “Bithumb pump”. Ripple had suggested a $ 100 million contract to Coinbase for XRP registration, Bithumb could receive attractive offers to integrate tokens.
Almacén cryptocurrency exchanges ter South Korea, including Bithumb and Korbit, are known for their rigorous market research and evaluation processes to ensure that each token or cryptocurrency is attractive to the South Korean market. Setting up an order book for a particular cryptocurrency or token can be complicated and expensive and almacén exchanges consider the verification process to be utterly serious.
According to sources, the listing of Zcash and Qtum on Bithumb required several months of market research and analysis before its development team determined to go ahead with the project. integrate the two tokens. Spil a result, the possibility that Bithumb adds tokens based on misleading transactions is puny, spil engaging te such an agreement would leave Bithumb relajado to prosecution and repression by tópico financial authorities to manipulate the market.
Yesterday, April 25, the price of bitcoin peaked at $ 9,700, registering a staggering $ 900 te value overheen $ 8,800. However, overheen the past 24 hours, the market has eliminated bitcoin gains on April 25, spil the price of bitcoin fell rapidly te the region by $ 8,800. Sales orders spilled overheen major cryptocurrency trades and bitcoin continued to fall below key resistance levels.
At this point, it is unlikely that the price of bitcoin will reach $ Ten,000 by the end of the week or by the end of April. It is possible that the price of bitcoin will inject the region of $ Ten,000 if it can come back to $ 9,500 ter the next few days, but its volumes will remain intact.
Click here for a real-time graph of the price of bitcoins.