POWR price jump

Tokens of Power Ledger ICO, POWR, gained over 60% in last 24 hours; let's figure out why
20 November 2017   2549

The tokens of Power Ledger project showed significant price jump recently. 

Power Ledger Price chart
Power Ledger Price chart

At the moment or press, these are main market parameters of the token:

  • Average price: $0.633807 
  • Marketcap: $221,293,846 
  • 24h volume: $171,230,000

POWR tokens are being traded in pair with BTC, ETH, LTC, USD, DOGE and BNB at five markets:

POWR Markets
POWR Markets

What is Power Ledger?

Power Ledger is a blockchain-based peer-to-peer energy trading platform enabling consumers and businesses to sell their surplus solar power to their neighbours without a middleman.

A month ago Power Ledger attracted $ 34 million during the ICO. 

Growth cause

It seems that successful ICO is not the only reason of this huge price growth. 

The Australian authorities approved $ 2.57 million for the development of the Power Ledger.

Power Ledger is excited to work with a consortium of innovators and technical experts to grow and develop the platform. We’re excited to break ground on this truly novel project that utilises blockchain technology to orchestrate sustainable assets.
 

Jemma Green 

Co-founder and chairperson, Power Ledger

Another $ 5.68 million will be directed to the development of projects that will be created in partnership with several universities, institutes and IT companies.

GRAM May be Traded at Liquid at Triple ICO Price

Bloomberg says that Telegram tokens, that may appear at Liquid will be sold by Gram Asia at $4 per token, but there's no official info from Telegram
04 July 2019   962

Even before the official public release of the cryptocurrency of the messenger, Telegram can increase in price by 200% relative to its value during the initial offer of coins. It is reported by Bloomberg.

As previously reported, Telegram tokens may appear on the Liquid Bitcoin Exchange already on July 10. The distributor is Gram Asia, which calls itself the largest holder of GRAM tokens in Asia. It intends to put up for sale rights to cryptocurrency at $ 4 per unit.

At the same time, one of the investors said to the publication that at the time of purchase the price of 1 Gram was $ 1.33.

It is worth noting, however, that after the announcement of the public sale of Telegram tokens to Liquid, the media reported that this intention had nothing to do with the official plans of Telegram.

Then one of Telegram's investors stated that no one has the right to sell tokens before their official launch in accordance with the signed agreement. Moreover, representatives of the popular messenger noted that they first heard about Gram Asia.

Later, CEO Liquid Mike Kayamora admitted that Telegram has no relation to the placement on Liquid: the deal was concluded exclusively between the exchange and Gram Asia, which allegedly is an incubator for the TON project.

The Block's leading analyst Larry Chermak on several tweets expressed skepticism about the announced Telegram tokenale based on the Liquid stock exchange, saying that he would “think twice before making a decision to invest.”