Both Peercoin and Namecoin have somewhat paused the losses. Peercoin is down by only 0.4 of a cent (just under 1%) while NMC is up slightly by 1.2 cents. The primary driver for the pause seems to be bitcoin’s rally. Big brother hit a high of $439 dollars today. The gains were larger on other exchanges with prices topping out closer to $445 dollars per coin. But let’s start with PPC and we’ll get back to bitcoin later on.
Peercoin Down Slightly
Alternative cryptocurrency Peercoin is down slightly compared to last week. The losses are fairly small right now of around 1 percent. But as can be seen on the chart below, there’s no respite in sight for PPC/USD.
Read More https://blog.fxopen.com/peercoin-namecoin-pause-losses-on-btc-rally/