SIBERIAN CHERVONETS, also named SIBCOIN (SIB) is a DASH fork born two years ago in Russia, as an alternative to the emerging BITCOIN with an original and reliable Russian seal. Being a derivative of DASH, SIBCOIN employs additional encryption algorithms devised by Russian cryptographers. The coin’s adoption has been growing rapidly ever since the first block was mined in May 2015.
SIBCOIN is aiming to become the driving force behind the consolidation of Russian blockchain community. It claims to be PRIVATE (transactions are p2p and anonymous, since they cannot be tracked by anybody thanks to Darksend technology), FAST (transactions are done almost instantly thanks to InstantX), SECURE (with advanced encryption and a 2-tier network) and CHEAP (low fees for all transactions). Consequently its community is growing extremely fast in Russia and many other countries, being at this moment vastly accepted in major Russian online stores (and others from other countries such as Aliexpress).
Today we have seen how, after bouncing yesterday from the main trendline (daily chart), has started a new uptrend which could lead it to previous maximums. After touching smartly all fibo levels, volume has increased, indicators are becoming bullish (MACD divergences, RSI, etc.) and a nice green candlestick which shows the rocket is taking off!!
Targets:
T1: 95k
T2: 147k
T3: 230k
