After two Asian exchanges determined to list Zilliqa within hours of each other, the cryptocurrency caught fire.
Zilliqa, a cryptocurrency that boasts a blockchain with an extraordinarily high transaction rate, surged today spil both its value and trade volume exploded following its listings on both OKEx and Bithumb.
&ldquo,Ziliqa is the fastest public blockchain ter existence that has expanded its transaction rate through its own technology to improve the scalability and security issues of cryptocurrency and is able to treat Two,488tx vanaf 2nd,&rdquo, Bithumb wrote te its announcement.
Spil part of its listing on Bithumb, people trading or depositing it from today until May 16 will get 1% back on their transactions at the beginning of next month. This also applies to ETHOS, the 2nd cryptocurrency that the exchange listed.
Right after this announcement wasgoed made, Zilliqa went up with a vengeance, from a value of Legitimate cents to a peak of 23, a whopping 28% increase. It&rsquo,s cooled down a bit since, hovering at around 20 cents, providing it a still-respectable 11% increase.
Its trading volume, however, teug up almost five times, from harshly $153 million yesterday to overheen $745 million at the time this report wasgoed written.
Zilliqa may have benefited significantly from thesis two exchanges&rsquo, announcements, but the truth is that the cryptocurrency has bot on a rampage since March, with its trajectory going almost derecho since May 5th.
The coin achieves its brilliant blockchain velocity due to sharding, a concept that Vitalik Buterin has bot pondering for a while to address the scaling kwestie ter many coins&rsquo, infrastructures.
Spil it exists right now, Zilliqa is an ERC20 token, but the team said that this won&rsquo,t be the case for very long spil the coin will be going native zometeen this year merienda it gets its mainnet toneelpodium up and running.