Peercoin rallied sharply today, from $0.455 to a high of $0.498 before retracing. This on a day where big brother bitcoin dropped $7 dollars to $423 dollars per coin. Smaller altcoin Namecoin is down as well, albeit slightly.
Peercoin Rallies by 9.4 Percent
Peercoin was up by close to 10 percent today, hitting $0.498 before the sellers stepped back in. We are currently off 1.8 cents from the highs at 48 cents per coin. This is still up 5.5 percent on the day. On the chart below today’s surge is clearly visible.
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