Upon the massive gold-rush that IOTA experienced as a parallel cryptocurrency with Raiblocks in the medium of digital coins that are known for being – fast, feeless and minerless.
Source: coinmarketcap [weekly price development]
Since our last Raiblocks [XRB price and technology related post, two days ago – when it was trading above $6.00, the XRB price has increased 73.3 percent topping the major $10.00 for the first time with a market cap over $1.3 billion taking Raiblocks 6 positions higher by market cap.
The per/moment drops are to appreciated throughout the very bullish trend because of this over-extension in price and its a time of sell-out so many are profiting from the increase while the FOMO [fear of missing out] factor is stepping up and many more investors and traders are looking to catch the train. In case of a pull-back, supports around $8.50 will most likely balance the bulls and bears so feel at ease if you entered the market before that.
Upon a voting poll Raiblocks was chosen as the winner to be added on The Kucoin Exchange [Chinese exchange – very similar to Binance].