© Ink Drop
Investing.com – The new issuers seem to have decided to head to the biggest cryptocurrency, citing the same name, similar to Elon Musk’s constant quotation.
The crypto market abounds with dozens of cryptocurrencies that have emerged as imitations of the Shiba Inu or that have come to capitalize on the obsession with Elon Musk’s tweets.
It is noteworthy that the digital currency market, specifically those new currencies, is also launching at full speed and declining at full speed as well, as it is a highly volatile high-risk market. So you should be very careful when dealing with cryptocurrencies that can make you rich overnight, and can take your money away in moments.
And less than 4 days ago, a new currency appeared bearing the same name for the largest digital currency Bitcoin, BITk, but the symbol for that currency is BITC.
While the original bitcoin has a value of nearly 43,000 and a market capitalization of about $817 billion, it accounts for nearly 40% of the market share of the crypto world.
The value of the imitation Bitcoin does not exceed one cent, which was issued on January 13 and started trading at $0.000000000693 levels.
Since the launch of the BITC imitation currency, it has risen by more than 94199034%, reaching levels of $0.0006528.
Bitecoin BITC managed to get rid of 6 zeros at once in just 4 trading days.
Bitecoin BITC is trading during those moments of trading today, Monday, at levels of $0.0006528, an increase of about 30%.
While the non-genuine bitcoin is up more than 20,000% in 24 hours, from the lowest price at $0.000003271 levels to the current levels.
The non-original Bitcoin rose more than 50,000% during trading on Sunday, reaching levels of $0.0005622.
What is Bitcoin BITC?
According to company data, CoinMarketCap’s current rating is 3982, with no direct market value available.
The rolling supply is not available and the maximum is as well, while BITC is available to supply with a value of $1,000,000,000,000.00.
The founders say BITECOIN will be issued on the basis of the Binance Smart Chain platform and fully compliant with the ERC20 standard.
According to company data, BITC is a special token that will provide 2% BTC Rewards and Rebase, as the founders say they will always control the price chart making the chart look green.
deliberation is a virtue
It is noteworthy that in recent days, with the spread of the phenomenon of meme coins and dog coins, such as the Shiba Inu and Doge Coin, which have found support from business and financial magnates such as Elon Musk.
Some submerged currencies began to reappear, while others took off amid the media revolution, taking advantage of the so-called global trends.
However, some of these coins involve blatant fraud and a major hoax that may destroy the fortunes of those looking for a foothold in the dreamland where catching up with a currency from its inception may be the new Bitcoin.
Coin set a new record. What’s the reason?
The article does not express a recommendation or nomination, but rather a mere monitoring of market fluctuations, as trading in digital currencies involves high risks, including the risk of losing some or all of the investment amount, knowing that it is not completely subject to financial authorities and markets.
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