May 26-27 was a bad day for Time (TIME) after -3.61% decline

May 27, 2018 - By Vivian Park

Time (TIME) had a bad 24 hours as the crypto declined $-0.549512250000001 or -3.61% trading at $14.69029415. According to Top Cryptocoin Experts, Time (TIME) eyes $16.159323565 target on the road to $30.6112726380557. TIME last traded at HitBTC exchange. It had high of $15.40832349 and low of $14.09682092 for May 26-27. The open was $15.2398064.

Time (TIME) is up 10.95% in the last 30 days from $13.24 per coin. Its down -20.98% in the last 100 days since when traded at $18.59 and the annual trend is down. 200 days ago TIME traded at $24.72. TIME has 710,113 coins mined giving it $10.43M market cap. Time maximum coins available are 710,113. TIME uses algorithm and proof type. It was started on 08/12/2016.

Time is an Ethereum-based token issued by Chronobank. It allows users to receive dividends from the fees and issuance of Labor-Hour Tokens (LHT) in the Chronobank system.

Chronobank is a system designed to tokenize labour-hours using blockchain technology. The system leverages smart contract techniques to automate a process whereby a country-specific ‘labour-hour’ token may be redeemed for real labour-hours via legally binding (traditional) contracts with labour-offering companies. The proposed ‘stable-coin’ LHT implementation provides a non-volatile, inflation-resistant digital asset transfer system.

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