Iceland’s Auroracoin Passes Litecoin, Becomes Third Largest Altcoin by Market Cap

Auroracoin, the digital foreign currency launched this February for use by the citizens of Iceland, has now passed litecoin to become the third-largest digital foreign currency by market capitalization.

At press period, auroracoin had a total marketplace capitalization of $ 515m, roughly $ 162m more than litecoin’s $ 353m, according to data from Coinmarketcap. The price of auroracoin (AUR) currently appears at $ 47. ’08 on the company’s website.

The quick surge in interest from traders has surprised even the creator Baldur Friggjar Óðinsson who has mixed sentiments regarding his coin’s meteoric increase.

Continue reading in CoinDesk


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