In the world of cryptocurrency, there are often a lot of interesting developments which make virtually no sense. The current Bytecoin price trend only confirms this point even further, as its value has risen by 153.34% in the past 24 hours. As such, it is now a $3.22bn market cap currency, even though it seems to be a matter of time until this value plummets once again. Bytecoin Price Momentum is a Clear Pump-and-Dump Anyone who has paid attention to alternative cryptocurrencies over the years will know there is price momentum which makes little to no sense on a regularPowered by WPeMatico
Cryptocurrencies are speculative instruments, their price predicated upon future prospects rather than current reality. As a consequence, many of them don’t qualify as outright currencies – at least not yet. While the likes of bitcoin, bitcoin cash, and ethereum can be freely spent on desktop and mobile, dozens more are barely usable outside of crypto […]