Factom (FCT) gained 11% overnight, to start the trading day at $10.01, and has grown by 34% during one of the worst trading weeks this year. Despite Bitcoin’s losses, FCT continued on its upward drive, boosted by activity on Poloniex.
The FCT market price depends on the exchange used, as Cryptopia prices are around $11.05, on low volumes. The Poloniex price has reached $10.28.
One of the bullish factors for FCT is the activity of the non-tradable Entry Credits (EC) digital asset. ECs have a separate marketplace, and are used to purchase the ability to make immutable records on the blockchain. The Factom project has its own EC marketplace, where t...
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