Everex (EVX) sees 200% gains following approval to onboard U.S clients

26 Mar, 2019 | Updated: 26 Mar, 2019
by Ryan Boltman
News
Everex (EVX) sees 200% gains following approval to onboard U.S clients

Everex (EVX) has climbed out of oblivion and into the top 200 following the latest news that the company may now onboard U.S clients, according to their latest announcement. 

The announcement by the company saw a pump which reached 250% yesterday, with the project currently up 170% today. The latest news from Everex, which launched in January, is that the company has received approval to begin onboarding clients in the U.S state of New Jersey.

Everex (EVX) is a decentralized app which enables Peer-2-Peer payments and trading of financial products using digital assets and smart contracts.

The news saw EVX pump nearly 250% and triple its market cap from $6.7 million to over $18 million, boosting the project into the top 200.

EVX saw its daily trading volume climb 8200% at its peak price yesterday, which was just under $1. The price has since seen a small correction down to $0.80, however trading volume has climbed to over $109 million, making it the 20th most traded coin on the market according to Coin Market cap.

The huge pump is reminiscent of the 2017 bull market when simle news worthy announcements saw coins pumping astronomical amounts within hours. 

Image from Gyazo

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