Top Cryptocurrency Gainers: VeChain (VET) Gains +26%, While Bitcoin (BTC) Losses -2%. Thursday, August 16
Cryptocurrency Market Is Falling
While the whole cryptocurrency market is heading down, with top coins like Bitcoin and Ethereum quickly losing their values, there are some coins that seem to go against the current and are heading for the positive price changes and price increases.
Bitcoin has stabilized a bit today, and got only -1.28% in last 24 hours. It is trading currently for $6,421. Ethereum also stopped falling and even recover a bit, as it is worth $291 now. However, its price decrease was very significant and affected many coins. One month ago, on July 18th ETH was trading for $500, while few days ago it almost touched mark of $250, which means almost -50%. The price started falling from $410 region and it took three days to hit that low.
Best Cryptocurrency Gainers
VeChain VET token got +26.73% in last 24 hours, which contributes to an amazing growth and development of the project, as there has been many positive news about the project lately. It has also recently got through a token swap process, therefore this price increase shows the positive feedback from the community, token holders, investors and cryptocurrency traders. VET got from $0.008 to $0.01 in a matter of hours on August 16th. It is currently trading for $0.010824 and it seems that it is still heading up, however it stabilized a bit.
VET/USD Price Chart, Thursday August 16th:
PPT scored incredible +24.28% when it comes to daily price change. Only two days ago, it has been trading for $2.65, as it was heavily affected by the negative market movement. It then bounced back to the $3.50 region, just to start a very rapid run towards $4. The price increased and decreased very fast and one can notice the high amplitudes and price spikes. Once it managed to break $4.40, PPT fell down to $4 again. Currently, Populous token tries again to raise, maybe even thinking about hitting $5 mark. However, before PPT can achieve this, it should secure $4.50 region and it seems the token is heading towards it.
PPT/USD Price Chart, Thursday August 16th:
Ontology token ONT managed to get +25.57% compared to its yesterday's price. On August 14th, the token was trading for $1.15, while only two days later it is very close to hitting $2 and almost doubling in value. The most significant price spikes happened when ONT jumped on August 15th from $1.25 to $1.40 within few hours. It then corrected a bit and fall to $1.30 region just to jump again, this time much more confidently hitting $1.50. On August 16th, the price has rapidly increased from $1.45 to $1.76 and is still heading up.
ONT/USD Price Chart, Thursday August 16th:
Lisk is approaching an important release of their Lisk Core 1.0 mainnet. This may be the reason for the sudden price increase, as there are also few other side projects and features that are at the end of the development stages. Lisk therefore, has an opportunity to hit the market with a solid and fully working products which will increase its utility, leading to the increased price of LSK tokens. For past few days, LSK was trading below $3. The ground-breaking lows were achieved on August 15th with the price of $2.73. It then very quickly jumped to $3.25 in a matter of hours and began a confident run towards $3.50 mark. Currently, it is trading for $3.57 and the chart is still moving up. The daily price increase exceeded +12%.
LSK/USD Price Chart, Thursday August 16th:
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