Waltonchain [WTC] increases by more than 130% in the August cryptocurrency recovery run

One of the biggest gainers of the August 2018 cryptocurrency bull run is Waltonchain. The South Korea based Blockchain startup has given its investor close to 130% returns, beginning on August 12, 2018. Waltonchain is considered as of the best blockchain project, and is deemed as a project to survive the “altcoin crash”.

On August 14th, Waltonchain was trading at $2.11 but is now trading at $4.79. Waltonchain reached an all-time low (2018) when Ethereum crossed below $275, but since then has recovered close to its August first week trading volume.

Waltonchain was one of the few projects that lost 50% of their value when the price of Ethereum collapsed. Since then Waltonchain has recovered, bringing around 130% gains for its investors and traders. Waltonchain peaked at $5.32 for a couple of hours on 31st August, but since then dropped in value.

Bithumb Listing

Yesterday Waltonchain announced that they will now be officially listed on the Korean exchange Bithumb. Deposits begin on 31st August 2018.

Bithumb is running a promotional campaign to promote Waltonchain trading. Trading in the promotional period will give investors/traders 1% payback, in the form of WTC tokens. The trading period is from 31st August to 2nd September.

What is Waltonchain?

Waltonchain is a supply chain management blockchain project which combines both hardware and blockchain technology. The project uses specifically designed RFID, whose data is stored on a specifically designed blockchain to:

1. Authenticate product
2. To introduce traceability
3. To enhance the security

The name is derived from Charlie Walton, the inventor of RFID.

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