Wednesday, January 10, 2018 4:56 AM EDT
A new cryptocurrency gains attention: Vibe. The Vibe Coin jumps by nearly 400% in its value as the Binance exchange, growing in its own merit, decided to include it in its exchange. Trading is available on Vibe against both Bitcoin and Ethereum.
This cryptocurrency, also known as VibeHub is used to create virtual reality hubs and marketplaces. The coins can be used to sell and buy experiences using the Holoportation Technology: capturing visual shows in Volumetric Video, allowing intimate interactions with various performers: artists, instructors and also educators.
Is this another crypto craze? Perhaps. Yesterday, the fallen giant Kodak announced it would venture into the world of the blockchain technology with a “KodakCoin” that will be used for protecting copyrights. The stock more than doubled.
In any case, this meteoric rise of the Vibe Coin brings its market cap to $397 million, which puts it at the 97th place according to CoinMarketCap. It is important to note that the moves are quite wild and a crash may follow the quick rise.
Disclaimer: Foreign exchange (Forex) trading carries a high level of risk and may not be suitable for all investors. The risk grows as the leverage is higher. Investment objectives, risk appetite and ...
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Disclaimer: Foreign exchange (Forex) trading carries a high level of risk and may not be suitable for all investors. The risk grows as the leverage is higher. Investment objectives, risk appetite and the trader's level of experience should be carefully weighed before entering the Forex market. There is always a possibility of losing some or all of your initial investment / deposit , so you should not invest money which you cannot afford to lose. The high risk that is involved with currency trading must be known to you. Please ask for advice from an independent financial advisor before entering this market. Any comments made on Forex Crunch or on other sites that have received permission to republish the content originating on Forex Crunch reflect the opinions of the individual authors and do not necessarily represent the opinions of any of Forex Crunch's authorized authors. Forex Crunch has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: Omissions and errors may occur. Any news, analysis, opinion, price quote or any other information contained on Forex Crunch and permitted re-published content should be taken as general market commentary. This is by no means investment advice. Forex Crunch will not accept liability for any damage, loss, including without limitation to, any profit or loss, which may either arise directly or indirectly from use of such information.
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