This week’s top coin has to be Viacoin. There are two significant reasons as to why the coin has achieved this position, and they both relate back to market activity. Just this week, explosive news ignited the Viacoin markets, as it was uncovered that Pete Hawly — the Vice President of Zynga, a multi-million dollar gaming business — was found to be planning a spinoff application which would utilize the fast transaction speeds provided by the Viacoin network.
The news couldn’t have come sooner for the coin, which aimed to have a flexible blockchain, as the market activity regarding the coin reported a steady but well-defined fall in value that was continuing on a long-term scale.
Market activity recovered for the past 7 days displays what a shocker of a week this market has received. Viacoin was steadily cruising at an average price of 0.00013 BTC and lows of 0.0001 BTC, which occurred on the 29th of October. This happened to be the floor of the price decrease, as it quickly rocketed up to 0.00025125 BTC during the 30th of October and managed to reach peaks of 0.00028417 BTC later that day. With prices currently standing at 0.00026197 BTC, an average price increase of 100.57% has been seen, with many impressed with the coin’s supposed acceptance into an upcoming Zynga spinoff – especially considering the coin has only been around a few months.
http://www.coinssource.com/market-news-roundup-drugcoins-make-comeback-whilst-viacoin-shakes-hands-with-zynga/
