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Abandoned BitcoinDark (BTCD) Project Sees Fivefold Price Rise in Solid Volume

Published 09/04/2018, 03:55 AM
Updated 09/04/2018, 05:00 AM
 Abandoned BitcoinDark (BTCD) Project Sees Fivefold Price Rise in Solid Volume
BTC/USD
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BitcoinDark (BTCD), a cryptocurrency created in 2014 to compete with Bitcoin (BTC) but abandoned by its team at the beginning of 2018, saw an impressive price jump of more than 400% on Tuesday amid strengthened trading volumes, CoinMarketCap data showed.

Oddly enough, BTCD, which trades on Poloniex and Trade By Trade only, spiked to a peak of more than $100 as at 5:39 UTC on Tuesday from around $20 a day earlier and compared to levels of around $15 during the most of August. This is its highest price since May 11, 2018.

Trading activity has also strengthened significantly, with the 24-hour volume exceeding $700,000, compared to daily trading volumes of some $100,000-$200,000 over recently. Trading of BTCD a...


This article appeared first on Cryptovest

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