Tuesday, 28 June 2016

XEM on the Rise as DAO falls despite Soft Fork News

A look at the potential healthy coins for today sees New Economy Movement (XEM) second in trade volume rankings at poloniex, with a percentage increase of %60.63, the coin has been doing well on the trading platform for about two weeks now and looks set to stay at it current high at least till the end of June.
Despite the news of a soft fork for DAO it has crashed from second spot to 5th after a drop in trade volume, according to Cointelegraph the rise of XEM may be attributed to the undisclosed amount of funds received from a high profile group in Japan, the funds are meant to continue the development of the coin as a brand for Secure and fast transactions, the developer is aiming to get users to test their prototype system in order to see how good it can be. The developer also mentioned other projects that are being implemented by XEM including PhotoMead which has already been announced. It is a project similar to Instagram, but with the ability to buy and sell images. Aimed at bringing together both professional photographers and social photo sharing.
 Other Coins that look good at Poloniex include:
NXT, Gamecredits and Nautilus Coin.....


News Source: Poloniex.com, Steemit.comcoindesk.com and cointelegraph.com,

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