Even though we only reported about SummerCoin yesterday, there is a small update that does require some love and attention. It’s not always easy for newer coins to get listed on a reputable exchange, but SummerCoin is now on Poloniex!
When it comes to talking about reputable exchanges, people will often say Cryptsy, MintPal or Bter. But not all coins can get listed there immediately, so you have to have a fourth player in the mix. That player is called Poloniex.
Poloniex has been great in picking which coins to add. They only add cryptocurrencies with a solid community, and a potentially big market. As SummerCoin is only Proof-of-Work for five days, you can see why they got added.
With a trading volume of over 22 Bitcoin in the 24 hours, it looks like adding SummerCoin to Poloniex was a great idea. Keeping in mind that not that many people are looking to sell their coins until the Proof-of-Stake phase begins, that’s an impressive trading volume.
The SummerCoin price has been fluctuating between 1,800 Satoshi and 2,950 Satoshi over the past 24 hours. As you can see, that’s still far below the potential price, so it’s an investment opportunity as well.
We will keep an eye on the progress of SummerCoin, as the Proof-of-Work stage will end in three days. Stay tuned for more updates!
SummerCoin donations are welcome to : STQbNjVcJSGC9pVedTzRsUbVPaJjRtSSgV