Crypto: CacheCoin (CASH) exploded in value

in #cryptocurrency7 years ago (edited)

Bitcoin and Ethereum are known and famous for their massive rise in value in the last few years, yielding astounding profits for a large number of consistent holders. However, some lesser-known coins are also experiencing an explosion in value these days, the most extreme case being CacheCoin (CASH).

Steem3.png

Let's look at the graph below; less than a week ago, Cachecoin (CASH) was truly a miniscule player in cryptoland; the total market capitalization was less than the value of an average new car and the price was almost immeasurably low. But yesterday, the market cap peaked at around $520.000 and the price rose to roughly $0,12 / 0,00003 BTC. That's still tiny but we're talking about an increase of 1984% in a mere six days ... ! For instance, a person who would have bought $500 worth of Cachecoin on the 6th of August, could have cashed out $15000 yesterday ... !
Now, this is ofcourse an ideal scenario in an extreme case, but it shows the possibilities of surprisingly large profits for everyone involved in the cryptomarket are still there.

Steem7.png

Sort:  

Awesome... following and re-steeming

Thanks for the information. Very interesting.

Coin Marketplace

STEEM 0.33
TRX 0.11
JST 0.034
BTC 66530.34
ETH 3251.57
USDT 1.00
SBD 4.36