TrueChain (TRUE), Arcblock (ABT) Jump on Upcoming Bithumb Listing
Cryptovest
Published Sep 07, 2018 05:21AM ET
Updated Sep 07, 2018 06:41AM ET
TrueChain (TRUE), Arcblock (ABT) Jump on Upcoming Bithumb Listing
TrueChain (TRUE) and Arcblock (ABT) leaped around 35% and nearly 50%, respectively, on a daily basis on Friday morning UTC after Bithumb, one of the leading crypto exchanges, said in a blog post it would list both coins next week. The South Korea-based operator published its announcement at 00:50 UTC on Friday, which immediately provided a major boost to TRUE and ABT prices.
TrueChain, the native coin behind a blockchain platform for building decentralized applications (dApps), was changing hands at $0.48 at 00:44 but jumped to $0.61 around 15 minutes after the Bithumb announcement. Seven hours later, the asset was trading at $0.59, making for an increase of 34.83% on a daily basis.
TRUE currently ranks at number 154 in the market capitalization list with nearly $27.8 million in value. It clocked about $70 million in trading volume over t...
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