Emercoin (EMC) soars 40.51% on May 14-15


Emercoin (EMC) had a good 24 hours as the cryptocurrency jumped $0.0813095587 or 40.51% trading at $0.28204505. According to Crypto Analysts, Emercoin (EMC) eyes $0.310249555 target on the road to $0.824947750516716. EMC last traded at HitBTC exchange. It had high of $0.2822062186 and low of $0.180508832 for May 14-15. The open was $0.2007354913. About 3,830 EMC worth $752 traded hands.

Emercoin (EMC) is down -9.19% in the last 30 days from $0.3106 per coin. Its up 6.03% in the last 100 days since when traded at $0.266 and the annual trend is down. 200 days ago EMC traded at $1.11. EMC has 43.06M coins mined giving it $12.14M market cap. Emercoin maximum coins available are 1000.00M. EMC uses SHA256 algorithm and PoW/PoS proof type. It was started on 08/12/2013.

Hybrid of NameCoin and PPCoin. More focused on the production of coins by PoS than PoW. Mining has a bonus on the interval 1-512 difficulty for high initial issue of coins. Further difficulty will gradually increase, making PoS mining more promising.

Emercoin offers a 6% annual POS reward with 30 day coin maturity.

Coin added by @chopcoin Team

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