Both Namecoin and Peercoin have lost a lot of the gains since last Thursday. Namecoin is down by 13 percent while PPC/USD is quoted at $0.394, lower by just over 5 percent since our update.
Namecoin Down by 13 Percent
Namecoin is trading down to $0.421 from $0.484 last week, prompted by large losses in bitcoin. But while BTC/USD is currently lower by 7.8% to $353 dollars per coin, Namecoin is down a much larger 13 percent. From the highs the decline is even bigger at around 22 percent.
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