I rest my case, the guy has gone from genius to nutcase in a few days.
The story:
The cryptocurrency market continues to baffle. More specifically – everything that Elon Musk tweets about, regardless of whether it actually has any relation to cryptocurrencies – seems to have an impact.
The case in point is a cryptocurrency called Starbase Token, carrying the STAR ticker.
According to the project’s official website, it represents a “blockchain token-based crowdfunding/sourcing platform.” In essence, it’s a place where startups can raise funds by issuing tokens.
Its native token, which was trading at around $0.002 at the beginning of May, reached a price of $0.30 today, according to DEXTools. The 24-hour volume, at the time of this writing, sits at $3.7 million.
From today’s low to today’s high, the price increased by a total of 6,000% before retracing to its current levels.
the not so amused FXPROFESSOR
The story:
The cryptocurrency market continues to baffle. More specifically – everything that Elon Musk tweets about, regardless of whether it actually has any relation to cryptocurrencies – seems to have an impact.
The case in point is a cryptocurrency called Starbase Token, carrying the STAR ticker.
According to the project’s official website, it represents a “blockchain token-based crowdfunding/sourcing platform.” In essence, it’s a place where startups can raise funds by issuing tokens.
Its native token, which was trading at around $0.002 at the beginning of May, reached a price of $0.30 today, according to DEXTools. The 24-hour volume, at the time of this writing, sits at $3.7 million.
From today’s low to today’s high, the price increased by a total of 6,000% before retracing to its current levels.
the not so amused FXPROFESSOR
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🌐FOREX SPECIAL: fxprofessor.com/forex-special 💡💙💬 Public Telegram: www.t.me/fxprofessor88 💎
