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Lisk (LSK) Outplaying Leading Coins in the Market with Late hype Return?

Per time of writing, the pair LSK/USD is experiencing one of the best performances in the crypto-verse. Gaining almost 10.00% in the last 24-hours while leading the BTC market for 10.53% in the green is leaving several coins in the shadow.

LSK Trading Lisk

Source: coinmarketcap

If the explanation behind the recent rise is searched in the latest Lisk team or blockchain development, there is the migration of the MainNet announced for 30th of Aug. The price movement could be considered very hype-belated if its connected to the migration.

“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,” the Lisk team wrote in the blog post..

As explained by the CEO of Lightcurve and co-founder of Lisk – Max Kordek, there is no reason to rush or taking shortcuts as the team is attempting with their best to achieve their ambitions while following the evolving blockchain ecosystem.

Additionally, MANDANA – Lisk network sidechain was noted out positively in Die Welt – The World which is a German paper outlet. Keeping in mind how MANDANA is the first big Initial Coin Offering run on the network it has probably hoisted the gold craze for the coin.

About Lisk – Started as an Initial Coin Offering two years ago in February that was followed with the Main Network commencing around May that year. One of the standing out features that Lisk brings to the verse is giving the ability to developers to use JavaScript for creating dApps.

“Today marks the beginning of a new era for the Lisk community. The road to innovation is rarely smooth, and we have taken a methodical, measured approach to our development phase, taking no shortcuts along the way. It is with a great sense of collective pride that we officially announce the release of Lisk Core 1.0, an achievement that reaffirms our ambition to be the enablers of innovation in the fast-evolving blockchain ecosystem.”

Alex Tomzack
About author

Alex Tomzack is a crypto-enthusiast and has been fascinated since first hearing about it. Loves technology, writing, culture while being a regular trader and holder of digital assets. Email: alex@ethereumworldnews.com
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