The crypto market has had a fill of interesting topics in the last few days going from the LIBRA scam and the people involved to the most recent being the Cardano news. However, while none of this news is anything new in the crypto market, the peculiarity of the stories has made them something to listen to. But while this other news has been hitting strong notes, news coming from the Remittix token ICO has also been drawing a wider audience lately.
One of the things that made the LIBRA meme coin story gather a large following is that multiple sources speculate the Argentinian President was directly involved. And with the high degree of loss that has been recorded so far, this has made it one of the biggest crypto losses this year. However, while the TRUMP coin has seen a modest correction keeping it above $15, the LIBRA coin is almost at $0, having lost over 80% from its high.
But checking out the more positive news in the crypto market, Cardano’s CEO just announced that the network is now fully decentralized. And Remittix’s ICO has raised over $12M in what is now looking like a great ICO run this year. There is a lot to unpack from all of this news, but let’s take it one after the other.
LIBRA Meme Coin Sets Another Loss In the Meme Coin Market
The recent story of the LIBRA meme coin has been topping most crypto news channels, for the drama surrounding the breakout and loss that follows. One major point that makes this more interesting is how the President of Argentina has been roped into the whole scam as he tweeted about the coin. Although he has come out to say he only tweeted about it but didn’t outright endorse the coin, many people who lost huge capital have not been taking this nicely.
Cardano Is Now Fully Decentralized
While Cardano continues counting its wins this past few weeks, the CEO Charles Hoskinson has just announced that the Cardano blockchain is now fully decentralized. With this new update, the Cardano blockchain aims to meet more decentralization that helps ADA holders have a direct role in the coin’s future. Following this update, the Cardano coin is projected to receive a more global acceptance as it no longer has a point of failure.
The Cardano price has moved up 5.4% in the last 24 hours and is already showing corrections on the weekly chart with a 2.8% upward tick in the last 7 days; all fingers crossed.
Remittix ICO Set For Momentum With $12.4M Raised Already
Remittix keeps making strong moves in the crypto payment area, sending a strong message of a PayFi Revolution. The ICO has sold over 467,000,000 of the set 700,000,000 tokens in the presale.
While the presale continues, Remittix is positioning itself as a promising player in the crypto ecosystem.. The token’s current price of $0.0628 has attracted a wide range of investors, though market outcomes remain uncertain.
For more information about Remittix, visit:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
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