Both Namecoin and Peercoin have rallied strongly today. Namecoin is up by 9 percent while PPC/USD is trading higher by close to 12 percent. However doubts remain about the sustainability of these rallies. The two major crypto-currencies, Bitcoin and Litecoin, haven’t moved much and are slightly down compared to our last update. Bitcoin is currently quoted at $432 dollars, down $13 dollars since Tuesday. Its little brother Litecoin is down to $3.48, from $3.51 two days ago.
Peercoin Higher by 12 Percent
Alternative cryptocurrency Peercoin is trading higher by 5.3 cents, or almost 12 percent today. This adds to previous gains of 1.2 cent since last Thursday. We are currently quoted at $0.482 dollars.
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