The much-anticipated exchange listing of Wanchain finally happened this past week. The first Wanchain listing was announced by Binance on March 22nd and went live the following morning with the following pairs: WAN/BNB, WAN/BTC, and WAN/ETH.
The price immediately went spiked to $6 upon listing and then started to find price stability around $4.18 over the next three days. A week later the price has found more stable grounds at $3.20 with $13.7M 24 hour volume at the time of writing.
This was one of the deals we had access to back in October, and are very excited to see it’s performance thus far! Wanchain’s ICO token sale price was $0.34 per token with a peak trading price of ~$6.00, giving the coin an approximate 17.5x ROI. Wanchain is currently trading at ~$3.20 (~9x ROI). This is a fantastic return on investment, especially for a bear market!
Wanchain had an attractive profile as a universal cross-chain protocol that functions as a distributed ledger that records cross-chain and intra-chain transactions. It supports smart contacts and well as privacy protection.
Taken from Wanchain’s whitepaper:
Wanchain aims to build a distributed “bank”. Just as traditional banks are the infrastructure of the current financial framework, Wanchain seeks to build a new, distributed infrastructure of digital assets to form an improved, modern framework – an ambitious goal Indeed.
Privacy is a huge topic within cryptocurrency that we predict will continue to get lots of attention in 2018. The fact that Wanchain uses ring signature, one-time addresses, and private send technology to offer private transactions places them as a leader of the pack for this year’s anticipated privacy-focused cryptos. They differ from traditional privacy coins in that they allow you to transmit existing coins across multiple protocols; a decentralized-distributed-crypto-bank of sorts.
With Wanchain’s current focus and clear goals in its roadmap, we expect to see great things during 2018. If you’d like to stay up to date on the next ICOs that are positioned well for 2018 continue to read articles at CryptoBrigade.com.
Which ICO are you most looking forward to? Comment below!