Why is Golem Coin Not Rising (How is Goc Coin)?
Why is Golem Coin Not RisingEditor\’s note: This article is from BlockBeats (ID:
Why is Golem Coin Not RisingEditor’s note: This article is from BlockBeats (ID: blockbeats) and authorized reposted by Odaily Planet Daily.
Many investors have been confused and frustrated by the price movement of Golem coin in the past month, believing that the project may fail soon or drop below $0. However, this is not necessarily bad news because many investors view it as a very bad news, even some “foolish”. So, there is a viewpoint that states “when the price rises, you sell all your funds and take all the profits,” which is why no one is buying it.1. Since the value of cryptocurrencies is overvalued, many people hold them as speculative assets. For example, let’s say Bitcoin, now every rise of 1 cent requires buying 10 bitcoins. And this money is called “smart money”. If you want to buy ten thousand pieces, then you have to spend $10 million to buy, which is 50,000 RMB. If you really want to buy, then it is 100 times!2. At the end of last year, people began to pay attention to blockchain technology and started mining cryptocurrencies. However, in recent months, more and more institutional investors have entered the field of cryptocurrency, including a research team from the University of California, Berkeley. Their main focus is to provide funding for cryptocurrency mining to help it grow and innovate with the huge potential of the digital economy.3. There is currently no interesting news in the cryptocurrency market. For example, at the beginning of this year, someone posted claiming that they had never participated in the development of an Ethereum-based project before. They claimed that their company had raised over $2 billion through an ICO to support the adoption of cryptocurrencies and also obtained over 4 million shares of Coinbase. Although some people speculated at the time that this might be some kind of scam, the fact is not true. The claim “I used to speculate” is not valid.4. “I have no interest in being connected with the crypto community or doing anything else.”5. Only a few thousand active users in 1 year. In summary, many people interpret this situation as a “zeroing after the bubble bursts” logical problem. However, in the current situation, the answer is completely different. In the past few years, many projects have been trying to solve the above problems, one of which is the most typical example of establishing a DeFi protocol called gloEM on Github. It allows everyone to create, manage, and develop their own tokens easily, just like Bitcoin now. As long as you have a computer, you can get various cryptocurrency rewards and then enter various pools to earn various profits anytime and anywhere.
Goc Coin – How is it?
According to cointelegraph news, Goc coin is a decentralized token based on blockchain technology. This token is produced by a group of people through smart contracts to reward participants and contributors for their efforts, allowing them to convert their hard work into a way to obtain returns. It is reported that the founder of the company is Peter Schiff, an early adopter of Bitcoin. He also believes that the cryptocurrency industry needs a new infrastructure to facilitate this process. It is reported that gox is a project created by Russian citizen Vladislav Krashenko in 2015.
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