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What Is The Buzz Surrounding Hashchain Technology Inc (OTCMKTS:HSSHF)?

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In the last trading session, the stock price of Hashchain Technology Inc (OTCMKTS:HSSHF) jumped more than 24% to close the day at $2.03. The gains came at a share volume of 14,393 compared to average share volume of 16,261. Post the recent decline, the market cap of firm was noted at $70.46 million.

The buzz

As per the data from Coinmarketcap, the total value of the international cryptocurrency market made another high of $760 billion recently. The cryptocurrency industry has rebounded over 80% after it made its low of $418 billion on December 22, 2017. The market is growing fast as the rates of non-bitcoin cryptocurrencies grew. The price of Ripple’s XRP jumped over 25% to a high of $3.68.

Ripple’s XRP now marks as the second leading cryptocurrency segment by market cap, with a market value of more than $142 billion. Ethereum also made an all-time high. Hashchain Technology is among the firms in focus.

As per Coindesk, Bitcoin rate holds at around $14,500. Bitcoin’s supremacy in the cryptocurreny segment dropped to 32.5% as the rate of other digital currencies surged. According to Business insider, Mr. Mati Greenspan, who is an analyst at eToro, mentioned in his daily crypto roundup. There remains a notable buying sentiment among cryptotraders. The pre-Christmas sell off appears to be well behind now. Although Bitcoin is still off all-time high some of the alts are recording some serious momentum.

Hashchain Technology also listed on the renowned TSX platform under the ticker ‘KASH’. More recently, the firm reported that it has finalized a commitment for space for Mining businesses of up to 20 megawatts in a center in Montana, USA. The firm has also finalized a purchase order with its supplier of cryptocurrency mining rigs to support orders on behalf of the firm with a manufacturer to buy 5,000 Rigs.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of MMJReporter.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure

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