Primecoin (XPM) Price Hiked by 255% in Less than 24 Hours

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Primecoin (XPM): The crypto market was slightly crashed today as Bitcoin price was fall into $49.5k in less than 24 hours from $51k. However few alt coins gave shown increase in their price and some may decrease their value. In the top gainers, Primecoin which is represented as (XPM) has shown their constant increase in its price in the past 24 hours where it is moved upto 255%.

Primecoin price today is $0.223316 with a 24-hour trading volume of $593,507. XPM price is up 254.5% in the last 24 hours. It has a circulating supply of 25 Million XPM coins and a max supply of ?. AEX is the current most active market trading it. The main reason for this increase in the price of Primecoin (XPM) is because they have applied for coin listing in TradeOgre. In Market Cap, it is ranked in 938th position.

Primecoin (XPM)
Primecoin (XPM)

Where to Buy Primecoin (XPM)?

Primecoin (XPM) can be bought or sold in the exchange sites such as AEX and SouthXchange with the exchange for BTC, and LTC. The price of Primecoin (XPM) can be checked on the link Primecoin (XPM) Live Chart.

About Primecoin (XPM)

Primecoin is a rather interesting digital currency. It was developed by Sunny King, one of the same developers that created PPCoin and invented Proof-of-stake. Primecoin does not follow the same rules as the other currencies, and has a built in mathematical benefit. Due to the way it is mined, Primecoin actually discovers previously unknown prime numbers. Primecoin is a rather interesting digital currency. It was developed by Sunny King, one of the same developers that created PPCoin and invented Proof-of-stake. Primecoin does not follow the same rules as the other currencies, and has a built in mathematical benefit. Due to the way it is mined, Primecoin actually discovers previously unknown prime numbers.

The innovative prime proof-of-work in Primecoin not only provides security and minting to the network, but also generates a special form of prime number chains of interest to mathematical research. Thus primecoin network is energy-multiuse, compared to bitcoin network. Primecoin is designed to sustain a prosperous mining market and high level of security, while maintaining good scarcity property like gold. Primecoin also processes payment transactions 10x faster than bitcoin network.

Also Read: Bitcoin (BTC) Price & dKargo (DKA) coin Price Today

Overall, Primecoin presents itself as an extremely interesting experiment; for the first time, we have a currency whose mining algorithm has a secondary value, and at the same time Primecoin, unlike so many other coins before it, actually makes serious attempts to improve on Bitcoin in unrelated aspects. Not taking into account Bitcoin’s massive headstart, Primecoin may well be the first alternative coin to actually be better than Bitcoin, giving the currency the potential for a bright future ahead.

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