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BLOCKv Price Analysis: Why the Sudden >9000% Surge?

Most of the crypto market is bleeding red. 90% of the coins are experiencing losses. However, one coin has surprised all with its 9000% surge. BLOCKv (VEE) coin has seen a tremendous upsurge in its price within the last 24 hrs. This coin is giving competition to VeChain in terms of market cap.

The BLOCKv coin has jumped up to rank 28 as of writing. The coin is changing the price within a short span of time. BLOCKv is currently trading at $0.140938 USD. While its VEE/BTC price is 0.00001653 BTC and VEE/ETH price is 0.00077551 ETH. The 24 hr volume is $425,342 USD while the total circulating supply.

BLOCKv or VEE coin has seen a surge of 9,060.82% as seen in this image. The price increased from $0.001286 USD at Nov 15, 05:29 UTC to $0.089 USD at Nov 15, 13:15 UTC which is around 6820.68% increase. Further, the price was constant until Nov 16, 10.29 UTC at $0.0876 USD. Since then, the price has taken again upsurge and trading at $0.14 as of writing. 

The reason behind this sudden upsurge is due to the sudden hike in the daily trading volume of VEE / KRW trading pair on Chainx exchange. 

Earlier too, BLOCKv had seen a 1500% surge where it price increased from $0.03 to $0.2 USD. However, it couldn’t hold the growth rate constant. It will be interesting to see how this coin fares this time.

Do you think BLOCKv can hold its place in the top 30? Let us know on Facebook and Twitter pages.

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Nidhi Kolhapur

Nidhi is a passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.

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