RATE Group | This Token Surged 65% in March despite Crypto Market’s $86.35B Loss
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This Token Surged 65% in March despite Crypto Market’s $86.35B Loss

15 Mar This Token Surged 65% in March despite Crypto Market’s $86.35B Loss

Posted at 15:43h in Cryptocurrency News by

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A dollar invested in Tachyon Protocol’s IPX token at the beginning of March has returned $1.65 by the mid.

The newborn cryptocurrency went live on HitBTC on February 25, 2020, the day the crypto market suffered about $12 billion worth of intraday loss. It naturally took a toll owing to the wider selling sentiment, eventually losing 12.56 percent of its value after hitting the February closing bell.

IPX, tachyon, cryptocurrency, crypto

IPX edges into positive territory even though its top peers decline | Source: CoinMarketCap.com

Nevertheless, IPX rebounded as it headed into March, surging from $0.054 to as high as $0.092 as of this time of writing. The valuation of the overall cryptocurrency market, on the other hand, plunged by more than $86.35 billion within the same timeframe, with leading asset bitcoin logging losses of more than 36 percent.

The counter moves helped IPX to become one of the most profitable cryptocurrencies, beating even the leading US stock index markets that plunged to their record lows amidst the…

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