Lisk (LSK) positively surprised its holders by shooting up from $3.12 on 16th August to $5.32 on Saturday, the 25th August.
It corrected slightly on the 26th and is currently trading at $5.01 according to the coinmarketcap.com.
Beating the BTC
The massive, nearly 70%, increase in price could have to do with China recently placing Lisk higher than Bitcoin (BTC) in its latest blockchain technology ranking. Lisk, amongst few others, was recognised for its dependable applicability and technology.
The Lisk development team is keeping busy. The Lisk Core 1.1.0 is ready and the migration is due soon:
“Here at LiskHQ, we’re buckled down and working hard in preparation for the upcoming Lisk 1.0.0 migration on Mainnet on August 29. All of the components of the Lisk ecosystem — Lisk Core, Lisk Elements, Lisk Commander and Lisk Hub — are all being updated and aligned with one another for the big migration. In addition to this, the Lisk Core team is also working on future releases,”
Lisk is now the 21st largest coin. It came into existance after a successful ICO in February 2016 – the MainNet was launched three months later.
Do you use or hold Lisk? Share your experience in the comments below!