Which currency is not affected by crises and viruses?
While the digital world was watching the top coins falling in prices amid drop in oil prices and spread of the pandemic, some unknown tokens, including fake assets, were gaining
momentum.
Contentos
In early March the value of tokens saw increase by 330%. Coin's capitalization rose from $ 15 million to $ 68 million, which moved it to the top 72 cryptocurrencies in the world. Altcoin's price was influenced by listing of the South Korean exchange Bithumb. However the coin failed to maintain its position and relapsed to the previous price.
Quant and Energi
Starting from March 13, Quant rises in price slowly but steadily — asset's price started from $1,36 and reached $4,20 by early April. At the same time, the Energi token also began to rise in value. In mid-March, its price was set at $ 0.84, and by the end of the month it amounted to $ 2.17.
STEEM
On March 19, after the asset's value had increased by 200% in 24 hours, the cryptocurrency ranked 37 in the list of the most important digital currencies, with its capitalization reaching $187 million. Altcoin's 3-fold rise in price was triggered by news about the hardfork Hive. After the update was completed, the price of the token fell to its usual levels.
EDC Blockchain
This poorely known currency saw value increase without any significant reasons. On March 25, in less than an hour and a half the token rose by 1600% from $0,0015 до $0,0255, then its rate partly adjusted.
Metal
This token made traders' day by stable growth, in contrast to other Altcoins. On March 30, at the Binance exchange, the rate of the coin rose by 50%, and the asset went up by 380% from a minimum of March 13. With rate strengthening, asset trading increased by 231%, up to $53 million. The growth began after the Binance exchange announced a new XPR coin airdrop — the ticker is similar to Ripple's XRP, but it is a different cryptocurrency.
Tachyon Protocol
It has entered the market this January. In early March, the price of the token amounted to $ 0.05, in 20 days its price doubled despite the negative news background, but then the asset rate started to decline.
Remember that leaps in price of unknown tokens may indicate the Pump & Dump scheme. Mountebanks start "pumping", telling investors through their channels that this currency is soon to grow on a particular exchange. Investors begin to buy this coin, triggering a large flow of funds, and so its rate skyrockets. At this point, the mountebanks sell the asset at an inflated price, a “dump” occurs, and its value collapses.
While the digital world was watching the top coins falling in prices amid drop in oil prices and spread of the pandemic, some unknown tokens, including fake assets, were gaining
momentum.
Contentos
In early March the value of tokens saw increase by 330%. Coin's capitalization rose from $ 15 million to $ 68 million, which moved it to the top 72 cryptocurrencies in the world. Altcoin's price was influenced by listing of the South Korean exchange Bithumb. However the coin failed to maintain its position and relapsed to the previous price.
Quant and Energi
Starting from March 13, Quant rises in price slowly but steadily — asset's price started from $1,36 and reached $4,20 by early April. At the same time, the Energi token also began to rise in value. In mid-March, its price was set at $ 0.84, and by the end of the month it amounted to $ 2.17.
STEEM
On March 19, after the asset's value had increased by 200% in 24 hours, the cryptocurrency ranked 37 in the list of the most important digital currencies, with its capitalization reaching $187 million. Altcoin's 3-fold rise in price was triggered by news about the hardfork Hive. After the update was completed, the price of the token fell to its usual levels.
EDC Blockchain
This poorely known currency saw value increase without any significant reasons. On March 25, in less than an hour and a half the token rose by 1600% from $0,0015 до $0,0255, then its rate partly adjusted.
Metal
This token made traders' day by stable growth, in contrast to other Altcoins. On March 30, at the Binance exchange, the rate of the coin rose by 50%, and the asset went up by 380% from a minimum of March 13. With rate strengthening, asset trading increased by 231%, up to $53 million. The growth began after the Binance exchange announced a new XPR coin airdrop — the ticker is similar to Ripple's XRP, but it is a different cryptocurrency.
Tachyon Protocol
It has entered the market this January. In early March, the price of the token amounted to $ 0.05, in 20 days its price doubled despite the negative news background, but then the asset rate started to decline.
Remember that leaps in price of unknown tokens may indicate the Pump & Dump scheme. Mountebanks start "pumping", telling investors through their channels that this currency is soon to grow on a particular exchange. Investors begin to buy this coin, triggering a large flow of funds, and so its rate skyrockets. At this point, the mountebanks sell the asset at an inflated price, a “dump” occurs, and its value collapses.