Over the last week, Safex has seen a dramatic price rally take place. The upcoming release of the Alpha Blockchain (previously called 'Chille' but now searching for a new name) releated to Safex seems to have investors interested!
Why? Below could be a few reasons:
• Safex appears to be currently very undervalued. It is difficult to understand it's true Satoshi/BTC comparative value due to significant gains in BTC prices recently, but regardless, there is a limited supply of Safex that is already all in circulation and that will pay holders dividends via the earnings of the new blockchain
• Safex holders are going to receive a portion of the new currency that will be exchanged on the new Blockchain
• There is a whitepaper currently being developed and expected to be released in the next few weeks that could point to a number of substantial benefits to the Safex coin and new Blockchain
• Safex is about to launch a new affiliate program which is expected to dramatically increase awarness of Safex
Hourly/Daily/Weekly statistics from CoinMarketCap.com
Daily chart from Bittrex
Market cap and BTC valuation chart from CoinMarketCap.com
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