Crypto News & ICO Reviews
BitConnect, the young cryptocurrency is showing steady growth within a month of its successful ICO. BitConnect Coin (BCC) is following on the path of the crypto heavyweights like Bitcoin and Ethereum as it showcases significant growth within the digital altcoin community. It continues the trend of the exponential rise as set by the two cryptocurrencies since 2015. The upcoming feature additions to BCC throughout 2017 are further expected to boost its value.
BitConnect coin is an open source, peer-to-peer, community driven decentralized cryptocurrency that allows people to store and invest their wealth in a non-government controlled currency, and even earn a substantial interest on investment.
BCC has experienced few ups and downs since the completion of BCC’s initial launch following the ICO. There was a drop in its demand and value soon after its release as is the case for any new digital or physical product. Being a cryptocurrency that is providing real value to the market, BCC has recovered to emerge bigger and stronger than ever.
BCCs chart shows a more than two-fold increase in its price during the recent weeks. Due to an increase in the BitConnect Coin mining activity, the cryptocurrency platform had to increase its mining difficulty to levels much higher than that of any other scrypt-based coin in the altcoin market. Consequently, the exchange volume has been exhibiting significant growth in anticipation of the new features that are going to be included later this month.
The BCC cryptocurrency’s demand and price are expected to further increase as the platform prepares to launch the much awaited BitConnect application for Android and iOS devices. The latter half of the year will also see the cryptocurrency undergoing more innovation and also the inclusion of new convenience features. The BCC mining process will stop yielding new coins by the end of 2017.
BitConnect Coin connects its users socially and financially to a secure, protected community of investors and lenders. BCC owners can also connect with the community to increase the value in their respective wallets as the cryptocurrency’s price increases. They also get an opportunity to earn interest.
BitConnect has become the world’s fastest growing online Bitcoin community. It has risen from being a concept in Q1 of 2016 to a top 100K website on Alexa in less than one year.
Disclaimer: The opinions expressed in this article do not represent the views of NewsBTC or any of its team members. NewsBTC is not responsible for the accuracy of any of the information supplied in Sponsored Stories/Press Releases such as this one.