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What is CKB coin and why is it declining? (What is the prospect of CKB coin?)

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What is CKB coin and why is it declining? Editor\’s note: This article is from B

What is CKB coin and why is it declining? (What is the prospect of CKB coin?)

What is CKB coin and why is it declining? Editor’s note: This article is from BlockBeats (ID: 0x29B) and is reproduced with the authorization of Odaily Planet Daily.

Yesterday, CKB coin also experienced a decline. So how did CKB coin come about?

This morning, I saw a message:

“What are CMB miners mining?” This is an embarrassing question, “We no longer have anyone who can explain why we should buy CXB.”

This Weibo post states: “I don’t know when the press conference will be held, but I think it will be like this. So let’s show you the announcement first.”

But is it really that simple?

Actually, many people know that the most commonly mentioned term regarding Bitcoin is “blockchain.”

So what is blockchain? For example, if you have a wallet with a large amount of tokens and funds to support it. Then you can exchange your assets for a certain amount of Bitcoin or many other digital goods. These things can be used to purchase virtual goods or for various transaction scenarios.

This is what mainstream cryptocurrency exchanges in the market are promoting.

And everyone may not think it’s just a joke!

So who controls these Bitcoin? It’s actually controlled by those big shots themselves, right? After all, they have a lot of cash. And when everyone wants to sell their money, some people take away their private keys. Of course, this is also because they think the current market is too good, so they cannot continue to hold, but keep hoarding. As for the rest, all I can say is that they are just speculating.

However, no matter what, if there is anyone who truly manipulates the market, it is definitely a scam.

What is the prospect of CKB coin

According to TokenGazer data analysis, as of 6:00 PM on May 31st (GMT+8), the price of BCK was $0.057, with a market value of about 476 million USD; the trading volume was about $107,000. Currently, the circulation of BTC in exchanges has increased by more than 10 times compared to the same period last year. The BCK coin started to make efforts in March this year, and was listed on CoinMarketCap website and started trading in early June, but has not been able to break through the historical high. The recent market fluctuations have been significant.

OKEx data shows that the current BCKB24H has fallen by 16.4%, with a quote of 0.008 USDT.

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