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Storm Token Surges 170% Following Listing on Upbit

Storm Token Surges 170% Following Listing on Upbit

Amidst a bearish cryptocurrency market, Storm Token surged over 170% following its listing on Upbit, South Korea’s largest cryptocurrency exchange by trading volume.

Storm Token
Storm Token is up almost 200% over the past week, following news of listings on Binance and Upbit.

What is Storm Token?

Storm
StormX, Inc. is the creator of Storm Play, a mobile app that uses blockchain technology to match people with tasks, letting them complete small gigs in five minutes or less, from any mobile device.

Storm Token is an ERC20 utility token that StormX, Inc. used to fund further development of the company’s mobile app, Storm Play.

Storm Play utilizes blockchain technology to match users with tasks, and allows users to watch videos, try products and services, play games, and perform other functions in exchange for payments of cryptocurrency (Android app download).

The crowdsale ended December 7th, 2017, and raised $32 million.

Following the listing on Upbit, Storm Token became the second most actively traded cryptocurrency by volume, following Bitcoin. Today, Storm Token still ranks at number four by trading volume.

Upbit has quickly become Storm Token’s most active exchange, encompassing over 80% of the token’s trading volume in the last 24 hours. Storm Token has moved from 135th at the beginning of February to 57th in market capitalization following two impressive months of development.

Next week, CryptoSlate will be publishing an in-depth look into Storm Token through a coin introduction post.

For more information about Storm, including price, market cap, technical information, social media links and team members, please visit the Storm Token coin profile.

Posted In: , Altcoins

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Mitchell Moos
Author

Mitchell Moos

Contributing Analyst @ CryptoSlate

Mitchell is a software enthusiast and entrepreneur. His first startup built algorithms for optimizing cryptocurrency mining. Prior to CryptoSlate, Mitchell was a project manager at a firm that built distributed software on Hyperledger. In his spare time he loves playing chess and hiking.

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