REEF has seen a dramatic turn of events, with the token’s value plummeting by 68% in the last 13 hours and a staggering 71% within just 24 hours. This sharp decline has left many questioning whether this is a case of insider profit-taking or simply a temporary market dip. Some speculate that major market manipulation could be at play. The story began on August 2, when Binance announced the delisting of REEF spot pairs. Following this announcement, retail traders quickly moved to short the token, anticipating a price drop. However, large whales seemingly took the opposite approach, initiating a pump
The post REEF Experiences Massive Crash After 650% Pump: Manipulation Or Market Dip? appeared first on The Merkle News.
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This week another company reaped the benefits of adding ‘blockchain technology’ to the firm’s business model. The publicly listed company, Ameri Holdings (AMRH), revealed on January 10 that it was going to utilize the emerging tech within its operations. The company got a swift market valuation boost from the announcement. According to reports Ameri Holdings […]
The post Another Stagnant Company Reaps the ‘Blockchain Benefits’ appeared first on Bitcoin News.
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Anyone who took a look into Experience Points (XP) over the summer is undoubtedly wondering how the project grew from the tiny $350,000 market cap over 1000 times to what it is currently trading at. XP is currently trading at a price of about 1/5 of a penny, and sits at rank 61 on Coinmarketcap. Experience Points, which first launched in 2016 and was relaunched this past summer, is reminiscent of the types of coins launched in 2014 and 2015. Like older coins, the only real distinction XP provides is the mining algorithm, distribution rates rates, and total supply. XP does provide
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