Why rose Kyber Network. The price of a token increased by 37%

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The South Korean stock exchange announced the listing of a digital asset. The company has named the date of commencement of trading

Friday, October 26, representatives of the project Kyber Network said that a large South Korean exchange Upbit add token KNC. After that its average market price rose sharply by 37% to $0,56, and then corrected. The coin is now trading at $0,48, over the past day its rate increased by 10%. During this same time, the price of bitcoin has not changed, the course Ethereum rose 0.34%.

Trade in pairs with the South Korean won will start on November 1. The possibility of making deposits is already available at the site. For the last few hours of the trading volume Kyber Network Cristal rose more than six — fold, from $2 million to $13 million. For comparison, at the moment, the trading volume of bitcoin is $3 billion, and in December, 2017 this figure exceeded $23 billion.

The capitalization of the project Kyber Network is $65 million, he is on 99 in the list of the largest digital money. She fell several times over the last year, in February it was over $700 million.

More news on cryptocurrency can be found in our telegram channel RBC-Crypto.

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