Bytecoin: The Original Anonymous Cryptocurrency Jumps 250% in Comeback
Bytecoin, the original anonymous cryptocurrency which successfully implemented Bitcoin Core developer Greg Maxwell-endorsed Cryptonote, the technology used by leading anonymous cryptocurrency Monero, has made a strong comeback with a 250% percent increase in its price.
In merely three days, Bytecoin experienced a 5x increase in its market cap, increasing from around $80 million to $400 million. Such abrupt growth in market cap and value isn’t organic and the inconsistency of Bytecoin’s growth is evident in its trading volume. For years, Bytecoin hasn’t seen much trading across exchanges and trading platforms. By May, Bytecoin daily trading volume increased from $340,000 to a staggering $48 million.
https://www.cryptocoinsnews.com/bytecoin-original-anonymous-cryptocurrency-jumps-250-comeback/