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Creditbit Trading Volume Increases, CRB Value is Climbing Nicely

by on June 12, 2017

Exciting things are happening for the Creditbit community as of late. The trading volume continues to pick up, and the CRB price is still on the rise. Slowly but surely, people are realizing Creditbit is not your average Ethereum-based token. It has actual use cases, and more projects are in development as we speak.

Creditbit Trading Volume and Price Are on the Rise

For quite some time now, people have been ignoring what Creditbit has to offer. Most people assume this is just another copy-paste Ethereum-based token with no intrinsic value. That assumption would be utterly wrong, considering Creditbit has a lot of exciting features to offer. It appears people are finally realizing the potential of Creditbit right now.

As a result of this renewed attention, the CRB price is on the rise. That is quite interesting to see, although it was only a matter of time until it happened. Right now, one CRB is worth US$0.70, which is a nice increase compared to a few weeks ago. At this rate, it will only be a matter of time until CRB hits US$1 once again. The trading volume is increasing as well, with over US$500,000 in volume over the past 24 hours.

What is rather remarkable is how Coinmarketcap now tracks the CRB price against both Bitcoin and Ethereum. It is only normal to keep tabs on the correlation between Creditbit and Ethereum. Right now, Livecoin’s CRB/ETH trading pair is the largest market by volume. DABTC’s CRB/CNY volume is still quite strong as well, but it only represents one-third of the CRB/ETH volume.

It is good to see Creditbit finally get some of the attention it deserves. The project has a lot to offer since it is based on Ethereum’s blockchain. With the price moving up and trading volume increasing, things are looking extremely good for the CRB token moving forward. It will be interesting to see where the price heads next over the coming weeks.

JP Buntinx is a 30-year old FinTech and Bitcoin enthusiast living in Belgium. His passion for finance and technology made him one of the world's leading freelance Bitcoin writers, and he is working to achieve the same level of respect in the FinTech sector.
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