bitCNY (BITCNY) did not move on December 7-8

December 8, 2017 - By Vivian Park

bitCNY (BITCNY) last traded at $1.61. According to Global Crypto Analysts, bitCNY (BITCNY) eyes $1.77 target on the road to $2.83. BITCNY last traded at Poloniex exchange. It had high of $1.61 and low of $1.61 for December 7-8. The open was $1.61.

bitCNY (BITCNY) is up 0.00% in the last 30 days from $0.00 (non existent) per coin. Its up 919.08% in the last 100 days since when traded at $0.16 and the annual trend is up. 200 days ago BITCNY traded at $0.19. BITCNY has 100.00 billion coins mined giving it $160.91 billion market cap. bitCNY maximum coins available are 100.00B. BITCNY uses algorithm and proof type. It was started on 05/11/2015.

bitCNY is a market pegged asset (MPA) issued on the Bitshares platform these assets are known as bitassets or smartcoins. Smartcoins always have 100% or more of its value backed by BitShares (BTS) and can be redeemed for it at any time. Since the exchange rate of BTS to CNY can change the blockchain protocol deals with increasing and decreasing supply accordingly. This allows users to trade and transfer stable priced tokens across the blockchain and to trade real world commodities like gold and silver in a decentralized manner.

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