Daily Crypto Update: CMT Rises 7.44 percent in 24 hours!
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Daily Crypto Update: CMT Rises 7.44 percent in 24 hours!

CyberMiles (CMT) has risen by 7.44 percent in the last 24 hours. The cryptocurrency saw a low of 0.314 USD yesterday, May 21, and is now being traded at 0.338 USD.

What is CMT?

CyberMiles has built customized smart contract templates for e-commerce companies to deploy their business on the Blockchain with ease. Additionally, CyberMiles’ DPoS blockchain is fully compatible with Ethereum, which means that both Smart Contracts and Distributed Applications can be transferred to CyberMiles without changing any code.

CyberMiles was built around the concept of optimal response to high e-commerce transaction demands, reaching 10,000 transactions per second (TPS). CyberMiles was built around the concept of optimal response to high e-commerce transaction demands. A Safe Mode and Unsafe Mode will also allow even higher TPS by reducing the number of nodes.

For e-commerce businesses and their users, the safety of funds is a fundamental feature. To answer this financial security need, CyberMiles has implemented a protection defined as “pre-defense” and “post-recovery”. Costs and fees are a critical issue in e-commerce today. The CyberMiles blockchain waives transaction fees for most common operations. It achieves this without sacrificing the security of the network.

Reasons for the Rise

One of the biggest reasons for the rise of the cryptocurrency could be that ICONOMI has added CMT on their platform! Now available on, ICONOMI our token CMT can be traded as part of a Digital Asset Array (DAA). The DAAs are combinations of digital assets created for users to simply diversify their investments.

Other Major Gainers

The top ten cryptocurrencies that have gained considerably in the crypto market in the last 24 hours apart from Skycoin are:

MaidSafeCoin (MAID) has gained6.79 percent, and Steem (STEEM) has gained 5.95 percent.

Nuls (NULS) has gained 5.15 percent, and Stratis (STRAT) has gained 4.73 percent.

Binance Coin (BNB) has gained 4.33 percent while Syscoin (SYS) has gained 3.28 percent

Factom (FCT) has gained 2.66 percent, and Zilliqa (ZIL) has gained 2.45 percent.

iExec RLC (RLC) has gained 0.36 percent and the last cryptocurrency which made its way into the list of gainers is Skycoin (SKY) with 0.29 percent.

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Madhuri Arora
A passionate writer and an avid reader. I love watching action and superhero movies. Love food, music, travel and games.