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Bithumb Lists Waltonchain (WTC), IoT Chain (ITC), Fuels Strong Price Rise

Published 08/31/2018, 08:23 AM
Updated 08/31/2018, 09:40 AM
Bithumb Lists Waltonchain (WTC), IoT Chain (ITC), Fuels Strong Price Rise

Bithumb, one of the most active South Korean cryptocurrency exchanges, said on Friday it is listing Waltonchain (WTC) and IoT Chain (ITC), sparking a nearly 30% jump in WTC prices and an almost 50% spike in ITC prices amid strong trading volumes.

Bithumb is also offering a 1% payback bonus for depositing the two assets until Sunday midnight (UTC+9). There will also be a trading reward until September 6, to encourage trading activity in WTC and ITC.

https://twitter.com/BithumbOfficial/status/1035379771004215296

Waltonchain is a blockchain project aiming to build an Ethereum-like ecosystem. After the news, the WTC digital asset, which ranks in the top 50 by market cap, appreciated hit a peak of $5.55, rising from a low of $4.10 on Thursday.

WTC has been drifting a bit higher over the past two weeks, but is still some 90% lower compared to its peak price of nearly $46 reached at the end of January. Moreover, there were hopes for three-digit dollar prices for WTC, sim...


This article appeared first on Cryptovest

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