Smaller altcoins continue to swing around wildly. Yesterday Namecoin and Peercoin surged by 12.5% and 17 percent respectively. Today both cryptos have surrendered most of those gains as bitcoin took a dive lower. Big brother fell by $14 dollars this morning, from $395.86 to a low $381.67. We are currently trading at $385 dollars per coin, closer to the daily lows then the highs.
Peercoin Surges by 17 Percent
Peercoin surged by 17 percent yesterday, from $0.414 to a high of $0.483. Today we saw a lot of those gains disappear as BTC dropped and PPC/USD initially fell to a low 43 cents flat. One Peercoin is selling for $0.451 right now, around the middle of the daily range.
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