- May 5, 2018
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Through Difficulties to Stars: How the Noah Project Copes With a Declining Market
The main goal of this Asian startup is to introduce innovative technologies to people and to bring about social innovation through blockchain.
Analyzing the overall summer performance, we see the drastically falling market. Over the three month period, it had declined by $106 billion, Bitcoin exceeded $8,000 and then dropped below $6,000 while most altcoins decreased to their annual minimum. In fact, the cryptocurrency market lost 36% of the price over the 11 weeks and returned to the November’s lowest. Still, the decline is not an obstacle for projects that are developing the products and achieving the milestones set on the roadmap. Especially when they are largely supported by the global crypto community. The Noah Project is among such companies.
Despite the fact that summertime has been tough and mostly marked in “red”, Noah Coin had experienced several peaks. Its market cap jumped to $94,611,371 on June 12th, and then skyrocketed to $124,032,495 on the 30th of August. The Noah team enthusiastically took this news because the capitalization growth means that contributors are interested in this token and the Noah Project that will widely use Noah Coin in its ecosystem.
The main goal of this Asian startup is to introduce innovative technologies to people and to bring about social innovation through blockchain. The founders are going to create the entire ecosystem powered by their token which will comprise of the first-ever crypto city, a chic Noah Resort where travelers will be able to transact in Noah Coins, as well as the solution for fast and easy remittances, and much more.
Enjoy the full article on CoinIdol https://coinidol.com/how-noah-project-copes-with-declining-market/
The main goal of this Asian startup is to introduce innovative technologies to people and to bring about social innovation through blockchain.
Analyzing the overall summer performance, we see the drastically falling market. Over the three month period, it had declined by $106 billion, Bitcoin exceeded $8,000 and then dropped below $6,000 while most altcoins decreased to their annual minimum. In fact, the cryptocurrency market lost 36% of the price over the 11 weeks and returned to the November’s lowest. Still, the decline is not an obstacle for projects that are developing the products and achieving the milestones set on the roadmap. Especially when they are largely supported by the global crypto community. The Noah Project is among such companies.
Despite the fact that summertime has been tough and mostly marked in “red”, Noah Coin had experienced several peaks. Its market cap jumped to $94,611,371 on June 12th, and then skyrocketed to $124,032,495 on the 30th of August. The Noah team enthusiastically took this news because the capitalization growth means that contributors are interested in this token and the Noah Project that will widely use Noah Coin in its ecosystem.
The main goal of this Asian startup is to introduce innovative technologies to people and to bring about social innovation through blockchain. The founders are going to create the entire ecosystem powered by their token which will comprise of the first-ever crypto city, a chic Noah Resort where travelers will be able to transact in Noah Coins, as well as the solution for fast and easy remittances, and much more.
Enjoy the full article on CoinIdol https://coinidol.com/how-noah-project-copes-with-declining-market/