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Platincoin [PLC] recognized among world’s top 200 cryptocurrencies



Platincoin [PLC] recognized among world’s top 200 cryptocurrencies
Source: Platincoin

CoinMarketCap ranked Platincoin [PLC] among the world’s top 200 cryptocurrencies in terms of capitalization.
As of today, Platincoin [PLC] capitalization sums up to $10,260,415
Daily trading volumes increased to over $3 million. The total number of PLCs currently in circulation is 700,000.
At the moment of press, PLC is traded at $ 14.63. Since the beginning of 2019, its growth rate reached about 11%. And once it was listed on CoinMarketCap, the price has grown by 254%.
According to the Platincoin representative: “It took our international team a few months of hard work to make it to the Top 200. We thank CoinMarketCap for its high appreciation of our efforts. Platincoin’s strategy is aimed at continuous development of its own business and expanding the infrastructure of the entire crypto market. We believe in the potential of blockchain technologies and are confident that the future lies with them.”
The development of Platincoin commenced on the end of 2016 using the new PLC Minting technology [patent pending]. It was based on the classic consensus mechanism using Proof-of-Work [PoW] combined with PLC Minting.
In April 2018, Platincoin trading on crypto exchanges was launched. At the moment, the coin is listed with BitForex, Exrates and Yobit
The growth of Platincoin’s value is attributable to a combination of factors including:

  • Restored confidence in cryptocurrencies on the part of market players
  • Increased demand for PLCs on the part of independent users
  • The implementation of the ambitious PLC eco-system development programme. Specifically, a few days ago, the company successfully completed the final testing of its new product – PLC SECURE BOX. It represents a miniature computer enabling its owner to make up to 10% per annum in the PLC through minting. Moreover, PLC Secure Box ensures maximum security of the private key and the coins minted.
  • The first half of 2019 will see the launch of the marketplace, where commissions from commodity sales will be distributed among all users.

Biraajmaan covers market trends of major cryptocurrencies. As a graduate in engineering, his interests lie in Blockchain technology. With over a year as a journalist, his articles focus on US and UK markets.

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