The TenX currency has been in the spotlight in recent time following the bullish sentiment held by Julian Hosp, the founder of the currency. He predicted at the end of 2017 that the bitcoin would reach a value of $60,000. Although the current value of the bitcoin is about a tenth of that value, Hosp continues to argue that the currency will get to that point this year and continue to grow the market.
TenX has become more noticeable thanks to the ongoing work that Hosp is putting in and his increased visibility on the market. Today TenX has taken in a stronger value in recent time as it appears to have come out from a difficult slump in recent time. The token associated with TenX app has been growing in popularity as details on the app come about. This includes details on how well TenX may be used for handling different types of currencies online.
TenX has been growing in value since the middle part of June. The currency has passed the dollar mark in value and has experienced an increase in nearly a third of its value in the past week and continues to evolve among other currencies on the market.
The currency was at 62 cents last Monday, but the value gradually moved up to 72 cents this past Sunday. The value went out dramatically to nearly $1.15 during a part of Monday and eventually reached around $1.30. The value has been hanging around the $1.25 total, thus making it one of the most viable currencies to find for those looking for small investments.
Trading volume has increased in recent time to include a 24-hour period of $50 million. The value has remained consistent in the past week. The market cap has also reached past the $100 million mark and is expected to continue to grow as more people notice the value of the currency and what it offers.
Much of the trading for TenX has been on Upbit and Bittrex, although Huobi has become more popular as an option for trading the currency at.
TenX has been gaining higher value as the application associated with the token has been developed. Based out of Singapore, TenX is a program that allows people to use functions from many blockchains online to trade and spend multiple currencies. People can take their virtual currencies and use TenX to spend money.
A user can take a TenX wallet and use it to spend money in many forms. One can make payments through TenX and have the currency move out into other fiat currencies for online purchase.
The wallet works through a virtual card. A person may deposit currencies onto that card and send money to or request money from others.
The service works with zero percent conversion fees, thus ensuring users can get the money out of the money they are aiming to spend at a time. The functionality of TenX is expected to be expanded as the app gets into further development and more people learn about how the app works.
