Today will be a very interesting day to keep an eye on AsiaCoin. While the Proof-of-work stage of AsiaCoin is ending today, or to be more precise, in a few hours, a lot of people are expecting a price increase very soon.
The reason for the price increase would be because a lot of multipools are also mining AsiaCoin a lot of the time, but if the coin can’t be mined anymore, there won’t be as much dumping by multipools as there is now.
Today, or tomorrow depending on your time zone, will also be the first day on which AsiaCoin wallets will start staking. Keeping in mind that during year one, we will see a 100% interest stake, this could be very important in regards to the price.
Now, even though a lot of people are expecting the AsiaCoin Multipool to be up really soon, in order to create more buy pressure on the exchanges, that won’t happen today. The Multipool has been delayed because there are still some bugs that need to be fixed.
We have not received an official ETA on when the AsiaCoin multipool will be ready, but we will post a new article once we have received more details.
What do you guys think? Will AsiaCoin gain in value, and which time frame are we looking at? Days, weeks? Maybe longer? Leave a comment below!
AsiaCoin Donations can be sent to : AUfVbAvfhatS74S3ocZYJQzQQWKyJS2h1r