RATE Group | Domestically Developed Cryptocurrencies Setting New Records – 비즈니스코리아
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Domestically Developed Cryptocurrencies Setting New Records – 비즈니스코리아

10 Feb Domestically Developed Cryptocurrencies Setting New Records – 비즈니스코리아

Posted at 03:44h in Cryptocurrency News by

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Cryptocurrencies developed by South Korean blockchain startups enjoy a continued rally.



Cryptocurrencies developed by South Korean blockchain startups are continuing to rally.

For example, Upbit announced on Feb. 9 that ICON was traded at around 800 won on Feb. 4 after standing at around 130 won in early January this year. Trading at that level in that cryptocurrency exchange was for the first time since October 2018.

The cryptocurrency continued to rise for more than 10 days after Jan. 20. Especially, the price jumped more than 10 percent each day from Jan. 29.


Other domestically developed cryptocurrencies, including TTC, Carry Protocol and Aergo, are continuing to rise this year, too. For instance, the price of TTC rose from 27 won to 46 won between early January and Feb. 6. Aergo and Carry Protocol gained 70 percent and 66 percent during the period, respectively. Each of MovieBloc, Contents Protocol Token and MediBloc already gained more than 30 percent as…

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