Analysts covering BurstCoin (BURST) look at the 6.38% increase on September 6-7

BurstCoin (BURST) had a good 24 hours as the crypto jumped $0.0003105819 or 6.38% trading at $0.005176365. According to Cryptocoin Experts, BurstCoin (BURST) eyes $0.0056940015 target on the road to $0.0102612380426031. BURST last traded at Upbit exchange. It had high of $0.005176365 and low of $0.0047622558 for September 6-7. The open was $0.0048657831. About 7.89 million BURST worth $40,828 traded hands.

BurstCoin (BURST) is down -10.01% in the last 30 days from $0.005752 per coin. Its up 89.54% in the last 100 days since when traded at $0.002731 and the annual trend is up. 200 days ago BURST traded at $0.00 (non existent). BURST has 1.81 billion coins mined giving it $9.38 million market cap. BurstCoin maximum coins available are 2.16B. BURST uses Shabal256 algorithm and PoC proof type. It was started on 12/06/2014.

Burst uses a new algorithm for proof of hdd capacity (POC) mining. Miners pre-generate chunks of data known as ‘plots’ which are then saved to disk. Taking NXT’s great PoS code, and turning it into PoC. PoC takles the problem of unfair distribution, enables blockchain trimming, and allows anyone to mine without massive power bills or any special equipment

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