Some of the most successful altcoin projects are, in fact, ancient by cryptocurrency standards. In the past six months, the eyes of traders were drawn to newly minted coins and tokens. But there are other projects, launched only a few years back, that are making a comeback.
Verge (XVG) and Bytecoin (BCN) were a notable example, exploding from their sub-penny positions to sudden fame, and renewing their efforts to rebuild the community.
But two older coins are also showing signs of waking up. This time, Peercoin (PPC) and Namecoin (NMC) are showing signs they are here to stay, though still not at peak prices. Even Pandacoin (PND) is showing a relatively robust market price, and is one of the sub-penny assets that may just wake up.
But the most active asset at the moment is Peercoin, which set out on a better publicity profile through a recently established foundation:
https://twitter.com/PeercoinPPC/status/995858681018441728
Peercoin suddenly became famous when a prank digital asset, PiedPiperCoin, was generated with the same ticker. Now, PiedPiperCoin has been airdropped in earnest, and takes on a different path from Peercoin. Peercoin is also the original proof-of-stake digital asset, paying out 1% annually for minting.
!PPC!
Namecoin, meanwhile, may be set to capitalize on the general demand for building the decentralized internet:
https://twitter.com/iMichaelTen/status/995369990810292224
The coin is also picking up in volumes in the past day, with possible appreciation above the current levels at $2.19.
The common thread for the older assets is that they trade on niche exchanges. But a listing on one of the leading exchanges, or Binance, could cause the price to shoot up, just like for Bytecoin and Verge. Those assets would be volatile, but still offer a quick appreciation opportunity.
This article appeared first on Cryptovest
