Crypto market rising; OneRoot breaches top 100, up 50%

03 Jan, 2019 | Updated: 03 Jan, 2019
by Will Heasman
Price Action
Crypto market rising; OneRoot breaches top 100, up 50%

Its been an exciting time for Ethereum (ETH) aficionados, with ETH retaking the highly coveted #2 slot from XRP; today the crypto market offers a mixture of varied stability and positive growth, with some impressive gains from some cryptocurrencies outside of the top ten.

Bitcoin (BTC) edges ever closer to the $4k mark, currently singing a tune of $3,879, up +1.03% in the 24-hour charts, followed by Ethereum (ETH) still climbing after its impressive Christmas rally, above the $100 mark, floating currently around $151 and keeping things on a steady incline with a 24-hour gain of +3.03%

XRP, Bitcoin Cash (BCH), EOS, Stellar (XLM), Litecoin (LTC) and Tron are also citing positive gains, with +0.23%, +1.81%, +4.01%, +1.30%, +1.63% and +1.90% respectively on the 24-hour charts.

Bitcoin SV (BSV) is the only flash of red in the top ten, cooling from its brief rally, down -0.24%.

Outside of the top ten is a slightly different story with a few outliers making notable gains. Chainlink (LINK) is currently up +14.46% in the last 24-hours, similarly, Dentacoin (DNC) is citing an impressive increase of +11.29% in 24-hours.

However, no other cryptocurrency can claim what OneRoot Network (RNT) has managed to achieve today with a meteoric rise over the last few days almost doubling in price from the 31st where it sat at $0.05 to today's price of $0.13 and currently up almost 50% in 24 hours and breaching the top 100, to take its place at #89.

 It's not exactly clear what, if anything, caused this impressive rise from RNT, besides the recent announcement of its new economic model: 

Moreover, a shout out from Bithumb may have done a little to pave the way: 

(All prices correct at the time of writing)

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