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The Bitcoin price has been moving sideways since Bitcoin Futures started on 18.12.2017, but has shown a positive trend in the last 24 hours. Many Altcoins were able to benefit from a rather weak Bitcoin and achieve reasonable price gains, which are partly over 100% in the period of the last 7 days.
First and foremost, Ripple was able to move into second place in the largest crypto currencies and thus ousted Ethereum , which had been consistently represented in this position for more than a year. The XRP token receives a lot of support from fresh capital from South Korea, which raised the ripple price by 100% in just a few days.
The price for a Cardano (ADA) token was on 12.12.2017 still just under € 0.11 and did not even rise within four weeks to a current all-time high of € 0.77 (editorial time 7:43 clock).
The former Ethereum co-founder Charles Hoskinson wants to create a cryptocurrency with Cardano, which can be used in all countries in accordance with the law and can continue without prejudice to future legal regulations. This approach seems to appeal to many investors and has a positive impact on the price .
Stellar Lumens has a strong partner on board with tech giants IBM , which is working on a joint blockchain solution that will enable cross-border payments without significant transaction costs and delay. The Stellar Lumens token also reaches a new all-time high and is currently trading at a price of € 0.52. Thus, a price increase of more than 40% in the last 24 hours was achieved by a bullish start to the new year. Another reason is the listing of XLM on the Hong Kong Stock Exchange okex.com.
Two newcomers who also reach a new all-time high are TRON and the status Token. The Tron price was well below a penny in early December, but has been improving over the last 30 days, so the price of a Tron Coin currently stands at $ 0.065, up over 300%.
The trading volume was especially on 01.01. and 02.01.2018 was remarkably high and was over $ 250 million. The concept of the crypto startup from China provides a very worthwhile approach that should return to all users the basic ownership of their data. This is to be made possible by using the Tron Blockchain while fulfilling the goal of a decentralized content entertainment system. Another reason for the increase in price could be the announcement of the game Krypto Dogs based on the TRON Blockchain.
The price position reaches a new all-time high of € 0.36 and thus achieves a market capitalization of over € 1.2 billion. The price increase over the past 24h is over 75%, over the past 30 days even over 450%.
Whether the described price increases, in a currently strongly driven by hype market, can be maintained permanently, remains to be waived.
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