Triaconta Update
Weekly #21
The following topics will be addressed in this CombiCoin weekly.
CombiCoin performance week 19
Bytecoin listed on Binance
Market overview
Tria Token update
CombiCoin performance week 19
Weekly growth : -11,24
Value on 04-05-2018 – 08:00 CET: $ 30,69
Value on 11-05-2018 – 08:00 CET: $ 27,24
All time growth: 215,27%
Monthly growth: 71,10%
Week high: $ 31,21
Week low: $ 26,88
Bytecoin listed on Binance
After Bytecoin (BCN) got listed at Binance last Tuesday morning, a unique event took place. The moment the new coin was open for trade, demand started to rise on worlds largest crypto exchange. One of the problems that Bytecoin created was a new gathering of buyers jumping in at unrealistically high prices, above 20 cents, where the coin had floated below a penny for years. Due to the massive amount of transactions, the Bytecoin software experienced major issues transferring BCN towards Binance. This created a shortage of BCN on Binance that resulted in an exceptional increase, over twelve times, compared to other exchanges. The price difference was enormous but events like this aren’t unusual in cryptospace. The most astounding fact was that the event continued for days, where today BCN seems to finally settle down and aligns with the general market price.
Market overview
The crypto market experienced a fallback last week since Sunday 6th of May. Starting with a $472 billion overall market cap by the end of the weekend, now the market is crawling back up from a $388 billion bottom earlier today. Altcoins as IOTA, Cardano, and EOS suffered major losses over 18% last 24 hours. The fallback reflected back on CombiCoin price with a 15% drop at the moment of writing. After all, we are still looking at a monthly growth over 70% and we are looking forward to another week of crypto movement.
TRIA Token update
Results of the profit-generating software are exceeding our expectations. With the current results, Triaconta expects to have a profit share of at least twice the profit share of April We will keep you posted on the development these coming weeks.
