Analysts covering VeriCoin (VRC) look at the 2.44% step up on April 19-20

April 20, 2018 - By Dolores Ford

It was good day for VeriCoin (VRC), as it jumped by $0.0153282305 or 2.44%, touching $0.6445313787. Top Cryptocoin Experts believe that VeriCoin (VRC) is looking for the $0.70898451657 goal. According to 5 analysts could reach $1.09913481344237. The highest price was $0.6774249328 and lowest of $0.6007837803 for April 19-20. The open was $0.6292031482. It last traded at Poloniex exchange.

For a month, VeriCoin (VRC) tokens went down -0.70% from $0.6491 for coin. For 100 days VRC is down -80.64% from $3.33. It traded at $0.3236 200 days ago. VeriCoin (VRC) has 30.92M coins mined with the market cap $19.93M. It has coins in circulation. It was founded on 07/06/2014. The Crypto VRC has PoST proof type and operates under Scrypt algorithm.

VRC was designed to reduce the PoW phase and enter PoST phase quickly. With a steady block reward and block time of sixty seconds, the PoW phase finished after the first few weeks of launch – 10/05/2014. The PoST interest rate is dynamic and depends on how much the coin is held and staked in the PoST. The dynamic interest rate is pegged at a sensible level of between 0-3% roughly. The PoST interest is gained through transaction fees which are also distributed to the Vericoin fund – to aid in development and promotion of the currency. There was no premine.

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