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3 Cryptos Including VeChain Surge More Than 60% in Just One Week

by Daily Hodl Staff
August 20, 2018
in Altcoins

While Bitcoin has drifted between $6,000 and $6,500 over the past week, three coins have surged above and beyond the pack.

VeChain (VET)

VeChain soared 64% in the last seven days, according to the latest market data on WorldCoinIndex. The coin rose as more and more exchanges, including Singapore-based Huobi, completed VeChain’s token transfer, migrating VeChain’s old ERC20 tokens onto the platform’s new proprietary blockchain.

News of China’s plans to use VeChain to improve medical standards and vaccine safety, stemming from an announcement that was first made early this month, also began to spread.

In combination with DNV GL, we introduce our Drug and Vaccine Traceability Solution. It will be deployed in Shanghai, serving 30 million individuals, and will soon be rolled out across China. It will be showcased at the China International Import Expo.https://t.co/WOFOXYUJ9X

— vechain (@vechainofficial) August 3, 2018

Ontology (ONT)

The Shanghai-based Ontology jumped 70% in the last week.

The enterprise-level blockchain aims to offer a high volume of fast and inexpensive transactions, and will celebrate its official mainnet launch in Tokyo on Saturday.

Ontology has also just released its official desktop wallet, which is aptly named OWallet.

It's available now: https://t.co/jU88ih110s.

— Ontology #BUIDL4Web3 (@OntologyNetwork) August 20, 2018

Nano (NANO)

Last but not least, Nano popped 60% in the past week. The coin was just added to the Bitcoin Superstore, giving people a way to spend the cryptocurrency at more than 200,000 retail outlets.

https://twitter.com/BitcoinSuperst1/status/1030810309362110465

Nano also reached 756 transactions per second during a round of community testing on the coin’s speed, as the platform gears up to release version 15 of its software, which will feature a plethora of new features and improvements.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
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