Ana Sullivan

TenX Adds LTC To Its Wallet. PAY Token Price is Up

by Ana Sullivan April 13, 2018

TenX is a blockchain-based payment platform that has the purpose to allow users to spend their cryptocurrencies for their everyday purchases. The company has recently announced the support of Litecoins in their wallet. Apparently the news reflected on TenX’s PAY token price which at this point could be traded for 0.00014690 BTC, 0.00229387 ETH or $1.20. This is a rise of 11.74% against the UDS. Will PAY token keep the trend and reach another all-time high value?

 

PAY Token – Current View

After series of ups and downs today the price of PAY token reaches a value of $1.20. With this price the token registers up of 11.74% against the dollar during the one day period ending at 20:00 PM Eastern on April13th. One PAY token now equals to $1.20 or 0.00014690 BTC and 0.00229387 ETH.

 

 

 

During the last seven days, PAY has traded 36.99% higher against the dollar. And at this point with circulating supply of 108,958,961 units, PAY’s total market capitalization equals to $77,349,930. The amount of traded PAY tokens on exchanges during the last 24 hours equals to $5,134,660. The announcement for the support of Litecoin has given a boost to the price of TenX’s PAY token that has spiked from $0.914 to $1.20 in just a few hours. Despite the recent spike there is no guarantee that the token will keep this level of the price in long term.

 

 

TenX (PAY) – The Project

TenX is a blockchain-based payment platform that has the purpose to allow users to spend their cryptocurrencies for their everyday purchases. It is focused on providing a large range of blockchain assets in a convenient and secure way.  TenX aims to offer a wallet and a debit card that can be funded with any blockchain asset. Their wallet is available for both iOS and Android devices while their card can be used in almost 200 countries and over 36 million points of acceptance. For every transaction made with the TenX wallet holders receive as a reward PAY tokens which is a great opportunity for holders to earn passive income over time.

The company has recently announced the support of Litecoins in their wallet. It’s worth mentioning that the collaboration between TenX and Litecoin goes further as the companies plan to launch a co-branded card. This collaboration seems like the next strategic step of TenX team. However, it is not clear whether this step will help them to attract more users and eventually surpass the sufficient number of existing competitors.  

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