Well what a crazy weekend for Creditbit! The crypto has seen an unprecedented price rise and just scaled $1 mark on two exchanges- Livecoin and Novaexchange.
Creditbit is an open source software project released under the MIT/X11 license which gives you the power to run, modify, and copy the software and to distribute, at your option, modified copies of the software. The software is released in a transparent process that allows for independent verification of binaries and their corresponding source code.
Creditbit, which is drawing a close on its first round of Migration, is definitely an alt coin to look out for. The crypto is seeing an unprecedented interest, taking its price all the way up to the mark of $1 on the aforementioned exchanges. Not only the prices but also the trade volume and market cap has seen considerable hike. The crypto currently has a market cap of 12, 146,843 USD and its trade volume (24h) is 318,955 USD at the time of writing.
The crypto is gaining a lot of traction recently and is consistently raking in good news. The crypto’s focus on consistent development under its roadmap for Credit 2.0 has led to this rise in its position in the cryptocurrency space.
Creditbit’s recent debut in the Chinese market has further helped the cryptocurrency to strengthen its position. The Chinese market has only helped the crypto, and it is Creditbit’s community centric development that is helping it grow at such a rapid rate.
The launch of Creditbit whitepaper’s translated version has helped the Creditbit community members from China to understand the aim and purpose of Creditbit, which caused the prices of Creditbit to soar in the Chinese market as Creditbit gained more and more adopters.
Creditbit is truly the currency of the future and is causing disruption in the cryto space. The Creditbit community is buzzed about its future as the consistent flow of good news is only leading to more hype around it. Creditbit is looking good with its steady development and increasing traction.