Paycoin Price Rise！XPY Now Trading at $4.41, Up 41.71% in 24hrs！
Paycoin (XPY) price is on the rise.
Paycoin value fell sharply from $5.16 on January 2nd 2015 to $3.10 on January 3rd 2015, which was far off from the widely recognized price target of $20 per XPY, making Paycoin the number one coin in percent drop in market value for a few consecutive days.
However, Paycoin appears to have hit rock bottom and is now trading at $4.41, up 41.71% in the last 24 hours.
Today, Paycoin is the number one coin in % increase in market value over the last 24 hours while most cryptocurrencies are plummeting, led by Bitcoin's drop in value to $267.83.
According to a post on Hashtalk.org, GAW's CEO remains confident about the future of Paycoin.
In our view, Paycoin launch could have been handled better, but the speed at which GAW has transformed itself from a mining gear reseller to a cloud mining company then to a cryptocurrency issuer/guardian all in less than 1 year has been truly amazing.
The company is evolving fast, and they appear to have the necessary resources, both capital and people, to make these new projects happen.
Considering that there are only a very few cryptocurrencies now backed by an experienced and well funded organization, we still believe GAW has a good shot at turning Paycoin into a widely accepted cryptocurrency.