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August 20, 2018

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

By Daily Hodl Staff

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)

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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.

Ontology (ONT)

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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.

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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.

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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