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Wanchain Fully Completed Token Swap Phase - Wanchain News, WAN Price Chart
Wanchain Fully Completed Token Swap Phase - Wanchain News, Erc20 Token , August 28
Wanchain is a blockchain ecosystem which explores the possibilities of convenient methods to exchange and swap the tokens and cryptocurrencies between different blockchains, Erc20 Token , but also to access financial services such as loans, asset exchange, multi-asset ICOs, and other asset management capabilities. Wanchain 2.0 enabled the cross-chain functionalities with Ethereum.
Most of the investors, who got into the Wanchain project by buying WAN on exchanges such as Binance, Huobi or Kucoin, owned already new type of tokens. However, Wanchain as a project started like many others through ICO and ERC-20 based tokens. The token sale was completed on 4th of October 2017. The mainnet was launched on 18th of January 2018. Since then, original purchases have been entitled to swap the coins in a 1:1 ratio.
Now, just recently Jack Lu, the founder of Wanchain, has announced that the Wanchain ERC-20 Token Swap has been fully finalized. And they won't be accepting any swaps anymore.
It is a great step for the project as a whole, as they left behind their ERC-20 and Ethereum-based phase and can now act as a fully independent project, exactly what they are doing since the mainnet launches, as Wanchain 2.0 is already up and there are preparations for version 3.0 to be released quite soon. They aim to connect blockchains of Ethereum and Bitcoin to be interoperable.
You can read a full article where we take a look at Wanchain 3.0 and its features here.
A quick look at the price chart, shows that WAN is taking a neat crosswise upward trend. The price is connecting left bottom with the right top of the box. Period between August 23rd to 26th was very calm without any significant price spikes or fluctuations. It was confidently and stably going from $0.8 to $1.12. On August 26th WAN experienced a sudden drop, however the price has become more volatile with numerous rapid spikes. WAN hit $1.41 Erc20 Token , where it hasn't been since August 7th. Next days were still in the green zone, however the price has become more volatile with numerous rapid spikes. WAN hit $1.41, then fell to $1.25, just to recover again above $1.30, where it is trading right now with more stabilized sideways movements.
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