The cryptocurrency market had another rough ending to the work week. If you can see from the chart below, the market took a nosedive starting on Monday.

However, it began recovering early this morning only to correct itself, again. Some coins remain in the green though but are barely hanging on.

At press time, the entire market is sitting around $360 billion USD. XEM is currently the only coin in the top 15 cryptocurrencies that is seeing percentage gains on the market.

The coin’s price saw a sharp rise early on Thursday, as it was announced that victims of the Coincheck hack would be paid back next week. Buyers flocked back to the digital token as news broke but the market as a whole continued to suffer.

At press time, XEM is trading at $0.344 a coin, up 1.96%, in 24 hours. EOS’s price has had some high volatility within the last 24 hours. What’s most impressive about this entire project is it’s currently in the beginning stages and pre-product but is the 9th largest cryptocurrency by market cap. This coin is a long-term hold and is expected to verify 25,000 – 50,000 transactions per second. Read more from cryptocurrencynews.com…

thumbnail courtesy of cryptocurrencynews.com